Fairfax Co. to Provide $25 Million in Grants for Small Businesses

Here’s some good news for local Small Businesses.  Last week, the Fairfax County Board of Supervisors approved $25 million for a grant program to provide relief for small businesses  suffering from the COVID-19 Stay at Home orders.  Known as the Fairfax Rise COVID-19 Small Business and Nonprofit Relief Grant Fund, the program will provide direct grants to eligible small businesses, non-profit organizations and sole proprietors located within the  County and the Towns of Herndon, Vienna and Clifton.  Grantees must have been in business for more than one year, have fewer than 50 employees, employ at least one Full Time employee, and possess a valid business license.  Grants of $10,000 (1-10 employees), $15,000 (11-25 employees) and $20,000 (26-49 employees) will be available to cover expenses such as employee compensation, rent, equipment inventory, working capital and other operating expenses.  Grant applications are expected to be available in early June.  For information, check out their website at   https://www.fairfaxcounty.gov/economic-success/fairfaxrise .   Good luck!

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The Dean Law Firm, PLLC, provides Estate Planning including Wills and Trusts, Small Business Legal Counsel, Conservatorship/Guardianship, and many other services to individuals and businesses in Northern Virginia.