The second round of the Alexandria Back to Business (ALX B2B) grant program opens at the end of September, and $2.4 million is available for qualifying small businesses and nonprofits to cope with financial losses related to the pandemic.
“The program criteria for Round Two has been expanded so additional types of businesses and nonprofit childcare providers will be eligible to apply for a grant,” according to the Alexandria Economic Development Partnership, which is receiving the applications. “Grants will be awarded in amounts ranging from $5,000 to $20,000 depending on the number of employees working for the business.”
City Council approved the funding at its meeting on Tuesday, September 8. The application period will start on Wednesday, September 30, at 8 a.m. and end on October 5 at noon. All submissions must be made online and businesses that received a grant in round one are ineligible.
Last week, City Council approved a second round of “Back to Business Grants” to support the costs incurred by our small businesses working to survive.
In two weeks @AlexandriaEcon will accept applications for $2.4M of grants.
Details available online!https://t.co/FCREb9E2Gz
— Justin Wilson (@justindotnet) September 17, 2020
To qualify for a grant, businesses must meet the following criteria:
- 25% negative revenue impact attributable to the COVID-19 health emergency
- Licensed business in the City of Alexandria
- Physical location within the City of Alexandria
- In operation as of March 14, 2020
- For-profit small business
- Any entity (for-profit or nonprofit) that provides full-day or part-day childcare services to children 0-13 years of age and is licensed or regulated by a local ordinance or state licensing body
- Business is current on all local business taxes or is on a payment plan with the City
- Not currently involved in business bankruptcy proceedings
- Intend to remain operating in Alexandria through December 31, 2020
- Between 0 – 100 employees
- Locally owned and operated