This is an overview of the Fairfax County Rise Grant.
The primary purpose of the Fairfax RISE (RISE – Relief Initiative to Support Employers) grant program is to provide immediate relief to small businesses and non-profits impacted by the COVID-19 pandemic. Fairfax County hopes to help small businesses and nonprofit organizations remain in business through the COVID-19 emergency and address gaps that may exist among complementary programs. The grant will not have to be repaid.
The grant program also establishes a minimum allocation of 30% of total funding towards awards for women-owned, minority-owned, and/or veteran-owned businesses. It is funded through an allocation of the Coronavirus Relief Funds provided through the federal CARES Act.
Grant funds will be allocated based on number of full-time-equivalent (FTE) employees:
- Employees, 1 - 10: $10,000
- Employees, 11 – 25: $15,000
- Employees, 26 – 49: $20,000
The application process will be open from June 8 @9AM through 15 @ 11:59PM, 2020.