Newsletter

AEDP Announces Recipients for Business Grant Program with More Funds on the Horizon

 

The Alexandria Economic Development Partnership (AEDP) announced a full list of recipients for the program’s ALX B2B program — grant funding aimed at helping local businesses hold out through a sluggish recovery — and is moving forward on another phase of the program.

With the first batch of the funding being distributed to Alexandria businesses, AEDP said the process is starting for figuring out how to divvy up the next batch of state funding between the city’s needs.

“The city received a communication yesterday from the Governor that they will be allocating second half of local funding for CARES dollars,” said Stephanie Landrum, President and CEO of AEDP. “[The City] is going to receive the exact same amount as the first time. That was an important piece we were waiting on. We needed to make sure there was funding. Now that that news has come, we’re working with the City Manager to determine how that money will be allocated.”

The first allocation was divided between funding for grants alongside funding for rental assistance and other needs. Landrum said City Manager Mark Jinks will need to work with the City Council to see if, and how, the percentages of funding allocation need to change this time around.

Meanwhile, Landrum said AEDP has learned a lot from the first round of grant requests.

“We learned a lot about how businesses are structured in the city,” Landrum said. “The proposal for round two would expand eligibility.”

Requirements would change to provide a way for businesses who opened within the last year to prove their financial stability. Landrum also said various types of daycares and contractor-based programs that were excluded the first time around will be included, like barber shops whose employees did not qualify for the first round of the program.

“We recognize that in order for all of us to get back to business, daycare has to be a foundation that’s up and running,” Landrum said. “We had around five to ten daycares that received grants in round 1, but we wanted to reach out to non-profits and providers who are home-based so we can get as many daycares as we can.”

AEDP approved 303 small business grants of the roughly 335 that applied. Those who were deemed ineligible the first time around because of circumstances that will change the second time can work with AEDP to “resurrect” their initial application.

The businesses were broken into three categories:

  • Group A: 2-24 employees, eligible for $10,000
  • Group B: 25-49 employees, eligible for $15,000
  • Group C: 50-100 employees, eligible for $20,000

The over-300 businesses ranged from local eateries (Buzz Bakeshop, Italian Gourmet Deli), salons (Meraki Nail & Spa LLC, The Ultimate Barber) and media companies (Alexandria Times, Connection Newspapers) at the lowest level to larger companies like Port City Brewing Company, The Birchmere and Rooftop Chimney Sweeps LLC at the highest level.

While most of the businesses on the list are very local, some stand out as part of larger chains, like four Subway restaurants and two Dunkin Donuts. Landrum explained that though these are national brands, they are owned and operated by local business owners.

“In our eligibility criteria, we required the businesses to be locally owned and operated,” Landrum said. “What that required is that for a national brand, like Subway, the applicant needed to prove they were a franchisee that lives in the region and operates a Subway franchise as a small business.”

While AEDP said businesses approved for grants came from across the city, Landrum said that roughly 60% of applications came from the zip code that includes Old Town, Carlyle and Potomac Yard. This was, in AEDP’s defense, where roughly 50% of the city’s businesses are located according to the city. The geographic data was just one part of a series of demographics collected by AEDP.

Four applications were received from a portion of Fairfax sometimes mislabeled as Alexandria, but Landrum said AEDP was able to contact those businesses and refer them to a similar program for Fairfax County businesses.

Landrum said she hopes that even outside of the grant programs, local businesses continue to work with AEDP to try to find ways of adapting their businesses. During the peak of the pandemic, Alexandria allowed businesses to conduct businesses on sidewalks and parking lots. Afterwards Landrum said some businesses approached AEDP with other proposals, like doing haircuts outside. That idea was shot down, noting that causing hair to blow everywhere was not considered sanitary, but it was the kind of idea that Landrum said local businesses are turning to as they try to survive the economic repercussions of the shutdown.

“Yes, we want to help during this difficult time, but want to help during the recovery as you recover,” Landrum said. “It’s going to be a while.”

Top photo by James Cullum, map courtesy AEDP

Recent Stories

Alexandria City Public Schools is has a “crew” problem — organized groups of kids that are participating in criminal behavior, according to Police Chief Don Hayes. If the description sounds…

A new report, prepared for a City Council meeting tomorrow (Wednesday), looks back at the progress made on several priorities adopted earlier this year, from pandemic recovery to housing. The…

(Updated 3:45 p.m.) After all the fuss over its creation, the Alexandria Independent Community Policing Review Board has seemingly had a pretty quiet first full year since its creation. The…

Inova has major plans for the former Lanadmark Mall site, and will conduct its second virtual community meeting on Monday, October 17. The timeline for the project is still subject…

Are you tired of going to the gym? It might be the crowds, the locker room, waiting on equipment or the time it takes to commute to the gym.

Having a personal trainer come to your home will keep you accountable, save you time and allow you to workout in the comfort of your own home.

Skip the hassle of the gym and try our in-home personal training service.

Our services are reasonably priced, convenient, effective and are risk free.

Read More

Submit your own Community Post here.

At Nova Fencing Club, the beginner fencing classes are designed for students of all levels – including students who have never fenced before.

If you’re looking for a fun physical activity that improves your fitness, critical thinking and rapid decision making skills then come join us!

There’s no better time than now to give us a try – and take part in one of the fastest growing sports. Our highly educated, professional coaching staff includes Virginia’s only Maitre d’Armes, a member of USA Fencing’s coaching team, former members of the USA National Team, and our Head Coach, who has produced national champions.

Register for either our Youth Beginner Fencing Classes (7-12) or our Teen & Adult Beginner Fencing Classes (13 to Adult) and become a part of the club that champions call home.

Submit your own Community Post here.

Think BIG! About the Future of Movement

Join the City of Alexandria and Arlington County’s Initiative to Rethink Energy at our first ever electric vehicle (EV) and sustainable technologies showcase! Get inspired by seeing a variety of electric cars, scooters, bikes, motorcycles, police cars, buses, trucks and

Between Home and the Front: Book Talk and Signing

Join the Smithsonian’s National Postal Museum on Zoom or in person at the museum for a special book talk with the curators behind Between Home and the Front: Civil War Letters of the Walters Family. A book signing will be

×

Subscribe to our mailing list