Newsletter

New County Grant Available for Small Businesses and Nonprofits

Small businesses and nonprofit organizations in Fairfax County can apply for grants through a new program approved by the Fairfax County Board of Supervisors on Tuesday.

The Fairfax Relief Initiative to Support Employers (Fairfax RISE) uses $25 million in federal funding from the Coronavirus Aid, Relief and Economic Security (CARES) Act. The program is intended to provide immediate relief for small businesses and nonprofits impacted by the COVID-19 pandemic and “address gaps that may exist among complementary programs,” according to the county.

Our hope is that these grants will help small businesses and nonprofits be able to emerge from these difficult times by retaining employees and preparing to grow in the future,” Fairfax County Chairman Jeff McKay wrote in a statement.

Businesses and nonprofit organizations can begin applying in early June. Funding will be awarded based on the number of employees, with amounts varying from $10,000 to $20,000.

Funding can be used for compensation, capital, equipment, inventory, rent and other critical operating expenses. No grant funds can be used to pay debts to start or close a business.

Here’s more from a press release:

Fairfax RISE will offer grants to qualified businesses or nonprofits that will not have to be repaid. It also specifically establishes a minimum allocation of 30% of the program’s total dollars — or $7.5 million — towards awards for minority-, veteran-, and women- owned businesses.

Not only have these kinds of businesses historically faced difficulty obtaining financing, but they also make a major contribution to the county’s economy. Minority-owned companies with employees account for 32% percent of businesses in Fairfax County, and collectively, all minority, women and veteran-owned businesses employ 80,000 people in the county with total annual revenues of $14.4 billion.

The grant application process is expected to begin in early June 2020. To be eligible, applicants must be established and have one or more location(s) in Fairfax County, including the principal place of business. Fairfax County includes businesses and nonprofit organizations located in the Towns of Herndon, Vienna, and Clifton. Additionally, awardees must have less than 50 total employees across all locations, have been in operation over 1 year; and, with the exception of nonprofits, have a valid Business, Professional and Occupational Licenses (BPOL).

The county also created a microloan fund for small businesses using county dollars.

Recent Stories

A solar panel array has been proposed on the future HITT Contracting headquarters building at Virginia Tech’s Idylwood campus (via Fairfax County) A massive array of solar panels could provide…

The Fairfax County Government Center building (staff photo by David Taube) Local officials are already preparing for “one of the most challenging” budget talks in years due to inflation, the…

Jason’s Deli will close its Idylwood Plaza location in December (staff photo by Angela Woolsey) Jason’s Deli will close up shop for good next month after more than a decade…

Morning Notes

Wolftrap Creek in fall (staff photo by Angela Woolsey) Route 7 Lane Shift in Reston Starts Today — “On or about Tuesday, Nov. 29, the right-turn lane from eastbound Route…

Chris Green is one of the DMV’s finest fitness instructors. A Lululemon and South Block ambassador, he is a coach and mentor to so many. He embodies grace, positivity and motivation in ways that no one else can. If we could all learn a thing or two from him, the world would be a much better place. He does so much for others, and does so with a smile on his face 99% of the time.

He recently ruptured his Achilles and has an incredibly long and tough journey ahead. As if COVID hadn’t impacted fitness professionals enough, throw this in the mix and it’s a double, even triple whammy. CG is no longer able to work and do what he loves for the time being because of this and we’d love your support.

Read More

Submit your own Community Post here for just $99.

The Rhea Baker State Farm Agency is proud to support Shelter House in providing safe places to be during quarantine. Shelter House’s mission is to prevent and end homelessness and domestic violence. Right now they are providing over 200 hotel rooms to those in need in our community. In the past year, across all programs, Shelter House served nearly 500 households comprised of over 1,500 individuals, 60% of which were children.

Of the households that exited shelter, over 70% moved to permanent housing. The Baker Agency has served Vienna and Tysons residents and business owners since 2007 and proudly offers insurance solutions for you home, condo, auto insurance, life insurance and more. We offer complimentary reviews and coach teen drivers to safer, better drivers, and to help keep your auto insurance rates down! We are always happy to talk or text at 703-847-6880.

Submit your own Community Post here for just $99.

×

Subscribe to our mailing list