Newsletter

Fairfax County RISE Program Awards Over $52 Million to Small Businesses

Fairfax County’s relief fund for small businesses and nonprofits affected by the COVID-19 pandemic has come to an end, the county announced on Dec. 11.

Established by the Fairfax County Board of Supervisors in May, the Fairfax Relief Initiative to Support Employers (RISE) assisted 4,809 local businesses and nonprofits by awarding $52.57 million in grants.

According to the county, RISE received 6,280 total requests for aid during the application period from June 8 through June 15. 95% of the grants went to local businesses, while the remaining 5% supported nonprofits.

More than 72% of the grant recipients identified as organizations owned by women, minorities, and/or veterans. That surpasses the county’s goal of allocating at least one-third of the available funds to businesses owned by those historically disadvantaged groups, which account for a third of the jobs in Fairfax County.

The Board of Supervisors praised the county staff and employees of the nonprofit Community Business Partnership who ran the program during an Economic Initiatives Committee meeting on Nov. 10.

“I think each of us have heard from recipients what a difference this has made,” Board of Supervisors Chairman Jeff McKay said. “We’ll be paying close attention to what we hope will be future federal stimulus that will help us do even more going forward. 4,800-plus businesses is not insignificant.”

Fairfax County created RISE using money that it had been allocated by the federal CARES Act. As of November, the county had received $340.5 million in federal aid, including $200.2 million from the CARES Act Coronavirus Relief Fund, whose eligibility period ends on Dec. 30.

RISE grant funds were intended to assist with wages, rent, employee health insurance, and other fixed operating costs critical to keeping businesses alive.

Recipients needed to have a principal place of business located in Fairfax County, including the Towns of Vienna, Herndon, and Clifton, and no more than 50 full-time employees in order to be eligible for the program.

Almost 40% of the grants went to businesses in the accommodation and food services, healthcare and social assistance, and professional services sectors. 8% of recipients were in retail trade, which joins food services and hospitality as industries hit especially hard by job losses and the pandemic’s other economic impacts.

More information about RISE and the grant recipients can be found on Fairfax County’s website and its RISE dashboard.

Image via Fairfax County government

Recent Stories

The D.C. area’s first-ever Winter Lantern Festival is coming to Lerner Town Square at Tysons II (courtesy Kaleido Arts & Entertainment Group) Thousands of lanterns will take over Lerner Town…

Fairfax County Public Schools Fairfax County Public Schools could require parental notifications for class materials deemed sexually explicit, but in a deviation from the state, the proposed policy directly addresses…

The Koons Chevy auto dealership at 2000 Chain Bridge Road (staff photo by Angela Woolsey) The developer behind Reston Station and Herndon’s stalled downtown redevelopment has turned its sights to…

A man walks by trash bins next to the curb (via Trinity Nguyen on Unsplash) (Updated at 1:25 p.m.) The service and staffing challenges plaguing trash collectors throughout Fairfax County…

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