Arlington County has decided to take applications for up to 120 grants worth $10,000. These grants will be given to small businesses and nonprofits in the county affected by the coronavirus pandemic. The grants will be given to selected candidates who will be chosen through a competitive process. Recently, the Arlington County Board approved the Emergency GRANT (Giving Resiliency Assets Near Term) Program to provide immediate financial assistance to small businesses and nonprofits.
According to wtop.com, “The grants are available to companies selected that have fewer than 50 employees, but the money can be used for salaries and benefits as well as other capital and operating expenses. Companies that apply must show revenue losses of 35% or more because of the coronavirus pandemic.”
As per wtop.com, “Applications will be evaluated through a process that includes a weighted scoring system, looking at a number of factors, such as the number of jobs that would be retained or supported with the money, the length of time the business has operated in Arlington County and how the money will be used. Applications are being accepted online through May 17. Grant award decisions will be made in mid-June.”