Post Content

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

It’s going to be windy today in and around Alexandria. The National Weather Service says that conditions will be clear, with wind gusts this afternoon up to 50 miles per…

(Updated at 8 p.m.) More than 2,200 West End residents are without power after a transformer fire in the area of Seminary Road and N. Beauregard Street, according to Dominion Energy….

It was quite a week in Alexandria. It seems that nearly all of Monday’s news was overshadowed by the eclipse. Hundreds of bespectacled residents turned out at Ben Brenaman Park…

The Planning Commission didn’t have much by way of criticism for the proposed redevelopment of Vulcan Materials, but it opened the floodgates for Commissioners to dunk on the state of…

There’s a reason Well-Paid Maids has hundreds of positive reviews from happy clients in the D.C. area.

The home cleaning company pays cleaners — who are W-2 employees — a living wage starting at $24 an hour. Plus, cleaners are offered benefits, including insurance, 24 paid days off a year, 100% employer-paid commuting costs and more.

Lexi Grant, an operations manager at Well-Paid Maids, said it best: “People deserve their work to be respected and recognized. When that happens, you love what you do, and you create the best results.”

Read More

Submit your own Community Post here.

Are you feeling overwhelmed by life’s challenges? Do stress and anxiety seem to dominate your thoughts? At Peaceful Mind Solutions, we understand that navigating mental health can be daunting, but you don’t have to do it alone.

Our team of compassionate therapists is here to guide you on your journey toward inner peace and emotional well-being. With a client-centered approach, we tailor our therapy sessions to meet your unique needs and goals. Whether you’re struggling with depression, coping with trauma, or simply seeking personal growth, we provide a safe and supportive space for healing and growth.

Embark on a path of self-discovery with our comprehensive range of therapy services, including cognitive-behavioral therapy, mindfulness practices, and holistic approaches. Our experienced therapists are dedicated to helping you cultivate resilience, develop coping skills, and foster a greater sense of self-awareness.

Read More

Submit your own Community Post here.

Del Ray Kitchen Confidential Design Tour

Please join us for Del Ray Kitchen Confidential – a walking tour of recently renovated kitchens in Del Ray with the experts who make the magic happen! FA Design Build owner Rob Menefee and Design Consultant Melissa Fielding walk us

Celtic Corridor in Concert at the Lyceum

Billy McComiskey, on button accordion, National Endowment for the Arts Heritage Award winner, All-Ireland Award winner, who has played with the Irish groups The Irish Tradition, Trian, and Green Fields of America. Billy’s playing is highly regarded as are his

×

Subscribe to our mailing list