Funds provide assistance to small businesses affected by the pandemic
ALEXANDRIA, VA – Earlier today the City of Alexandria and the Alexandria Economic Development Partnership (AEDP) announced the businesses awarded funds from the Alexandria Back to Business grants program. The program was created to help small businesses during the pandemic. In all, 303 were chosen.
To receive a grant, businesses had to meet these requirements:
- Licensed and located in the City of Alexandria
- In operation as of March 1, 2019
- For-profit entity
- Business is in “good standing”
- Intend to remain in Alexandria
- Business employs between 2-100 W2 employees (full- or part-time)
- Locally owned and operated
“These grants are supporting businesses that serve our community and make Alexandria a great place to do business,” said Stephanie Landrum, President and CEO of AEDP. “We were excited to work with the city and the local business community to deliver a transparent application process that is delivering meaningful support during such a challenging time.”
The program provided grants of $10,000 to 232 companies with a minimum of two employees and a maximum of 24. Additionally, 49 businesses with between 25 and 49 workers received grants of $15,000. Companies with 50 to 100 individuals each received $20,000.
Some of the businesses awarded grants follow:
- Cafe 44
- Cold Stone Creamery
- Alexandria Pastry Shop & Cafe
- Bugsy’s Pizzeria
- Murphy’s Grand Irish Pub
- Chadwicks Restaurant
- Joe Theismann’s Restaurant
- St. Elmo’s
- Union Street Public House
To view a list of all businesses that received funds, click HERE.
AEDP received 353 applications, selecting 307. Four companies decided the grant was not necessary after applying. The reasons some businesses were not chosen include being located outside Alexandria and having tax problems.
In the near future, AEDP and the city plan to open another round of applications. No date is set. But in the coming weeks, more information will be available.
“We are confident that these grants will be put to good use,” Landrum said, “and look forward to sharing stories of their impact over the coming months.”