The City of Alexandria said there’s $7,000 in assistance available through a grant program to any qualifying local small business.
Eligible businesses can receive up to $7,000 in grants through the 2024 Small Business Resiliency (SBR) Grant program.
“Administered by the Latino Economic Development Center (LEDC), the program aims to assist businesses in overcoming challenges in accessing essential resources,” the city said in a release. “The City’s contribution underscores its commitment to empowering entrepreneurs and nurturing a thriving business environment.”
According to the LEDC website, the eligibility requirements are:
- Have one or more location(s), including the principal place of business, in the city of Alexandria.
- Have 100 or fewer employees.
- Have been established and revenue-generating before December 31, 2023.
- Have business revenue in 2022 or 2023 that did not exceed $250,000.
- Be in “good standing”
- Be current on all local taxes or have a payment plan with the City of Alexandria.
- Not currently in any bankruptcy proceedings.
Non-profits, banks, financial institutions and gig economy contractors are all ineligible, as are corporate-owned locations, branches, subsidiaries and franchise businesses unless those businesses are wholly owned and operated within the City of Alexandria.
The grant website includes a list of documents required to apply.
Applications are prioritized by those that have not previously received federally funded City grants and those located in census tracts with low indicators of economic activity.
“Applications will be accepted through the LEDC website from Tuesday, May 28, through Tuesday, June 18,” the release said.
A virtual webinar about the program is scheduled for Thursday, May 23, from 4-5 p.m. An in-person meeting is scheduled for Monday, June 3, at the Charles Houston Recreation Center (901 Wythe Street).
Photo via Richard Balog/Unsplash
