Small businesses and non profits have just one week to apply for Fairfax RISE grants
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Small business owners and the heads of nonprofit organizations can begin applying for Fairfax RISE grants of up to $20,000 on Monday, June 8. The application period closes June 15.
To be eligible, applicants must have a physical location in Fairfax County; at least one full-time, paid employee before March 1, 2020; and a business, professional, and occupational license for at least a year.
RISE grants can be used for wages and benefits, working capital, equipment inventory, rent, and other critical operating expenses.
The $25 million RISE (Relief Initiative to Support Employers) program was approved by the Board of Supervisors in May to help small businesses and nonprofits harmed by the Covid-19 pandemic. Funding comes from the federal CARES (Coronavirus Aid, Relief and Economic Security) Act.
At least 30 percent of the grant funds, $7.5 million, will be awarded to businesses owned by women, minorities, or veterans.
The Fairfax County Office of Economic Success is hosting a webinar on the RISE program June 9, 11 a.m.-noon. Call 415-655-0003. Access code: 161 180 4501. Register here.