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Virginia offers grants for small businesses bringing in new hires

(Updated 3:15 p.m.) As part of an ongoing mission to help boost the city’s economic recovery, a Virginia program being administered locally by the Alexandria/Arlington Regional Workforce Council offer to match signing bonuses for small, local businesses currently hiring new employees.

Liz Bolton, interim director of marketing and communications for the Alexandria Economic Development Partnership, said the grants are available to any business with fewer than 100 employees in Arlington or Alexandria. The grant program provides matching grants of $500 to create a $1,000 bonus for the new W-2 employees who are paid $15 per hour or more.

The bonus is applicable for any employee hired after May 31 up to a maximum of 25 new hires.

“Employer must match the full amount and provide funds directly to new hires,” the program website said. “This can be in either one lump sum or in installments to cover the ongoing costs of childcare, transportation, or other barriers to re-employment. Verification of how funds are used by the new hire is not required.”

Arlington and Alexandria employers can apply for the grants online.