Fairfax County Looking to Expand Grant Program for Small Businesses, Nonprofits

After receiving thousands of applications, Fairfax County officials want to add funds to its grant program to support more small businesses and nonprofits facing financial turmoil from the pandemic.

On Tuesday, the Board of Supervisors will consider spending $20 million to expand Fairfax RISE, according to the draft agenda for the meeting.

The county board originally made the grant program in May with $25 million from funds through the CARES Act. Businesses can receive the following amounts based on the number of employees:

  • 1-10: $10,000
  • 11-25: $15,000
  • 26-49: $20,000

The county is especially trying to help women-owned, minority-owned and veteran-owned businesses stay in business during the pandemic.

Of the 6,280 applications the county received in June, 6,038 qualified for funding, meaning the county would need more than $60 million to support all of them, according to the county.

“As the Grant Program was oversubscribed, a random selection was used to determine the order of processing for all applicants,” according to county documents.

The county invited 2,183 applicants — 36% of the total qualified applicants — to submit documentation and start the certification process. The county documents say that some businesses that qualified during the first review phase may become disqualified in the second review phase if they don’t meet the documentation requirements or don’t respond.

Now, county officials hope that expanding the program will fund approximately 65%-80% of the June applicants by adding $20 million from the county, along with the $1 million provided from the Town of Vienna.

Currently, the county is not accepting new submissions from businesses.

Recent Stories

Fairfax County Courthouse (staff photo by James Jarvis) The Fairfax County Board of Supervisors is considering using kiosks equipped with artificial intelligence to provide select legal information in a variety…

Families with the donated vehicles given to them by NADA and Vehicles for Change (courtesy National Automobile Dealers Association) Commuting will be easier for four families in the D.C. area,…

Just a day after negotiations for a Washington Wizards and Capitals arena in Alexandria officially fell through, George Mason University has announced that it’s no longer planning to build a joint baseball and cricket stadium in Fairfax for the Washington Freedom.

The deal to bring the Washington Capitals and Wizards to Alexandria’s Potomac Yard is officially dead, and the developer says suggestions that an arena could be built in Tysons instead…

×

Subscribe to our mailing list