City of Alexandria's 2024 Small Business Resiliency Grant Program

City of Alexandria's 2024 Small Business Resiliency Grant Program

The Application is now closed.

(If using a mobile device, please use Google Chrome, Firefox, or Bing.)

If you have any questions, please email: [email protected] or visit our Frequently Asked Questions (FAQ)

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The City of Alexandria contributed funds to support the 2024 Small Business Resiliency (SBR) Grant Program to provide vital assistance to Alexandria's small businesses, fostering a resilient and inclusive business environment within our community. The program aims to assist businesses in overcoming challenges in accessing essential resources. Administered by the Latino Economic Development Center (LEDC), this initiative underscores the City’s commitment to empowering entrepreneurs and nurturing a thriving business environment.

GET UP TO $7,000 IN GRANTS FOR YOUR BUSINESS!

Who is Eligible?

To be eligible, businesses in Alexandria must: 

  • 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.

Ineligible businesses include:

  • Non-profits, banks, financial institutions, and gig economy contractors.
  • Corporate-owned locations, branches, subsidiaries, and franchise businesses (unless locally owned and operated within the City of Alexandria).

Upcoming Dates!

  • Application Opened - May 28th at 10am
  • In-person Application Process Training - June 3rd
  • Application closes - June 18th at 4pm

Applications must be fully submitted to be considered for the program.

Resources:

Requirements:

REQUIRED DOCUMENTS:

Proof of identity: 

  • A valid identification document, such as a driver’s license or passport to confirm the identity of the business owner, and/or authorized representative.
  • A current Business, Professional and Occupational License (BPOL)
    • Home-based center with 5 or less children are not required to provide a BPOL if they do not have one but will be asked for other documentation instead.

W-9:

  • A copy of the completed W-9 form, according to IRS guidelines, and signed by the authorized signer.

Tax Return (one of the following):

  • Tax Return for 2022
  • Tax Return for 2023
    • The tax return you upload must correspond to the year for which you provide the revenue amount in the screening questions.

REPORTING REQUIREMENTS:

  • Awardees will be required to upload proof of eligible expenses totaling their grant award amount.
  • The expense submitted must have been incurred and paid between July 1, 2022, and June 30, 2024.

Ranking Criteria:

If the eligible applications exceed the funds available, grants will be prioritized to favor a business:

  • That have not received funding from previous federally funded City grant opportunities (Back to Business Round 1, Back to Business Round 2, Back to Business All-Weather Grant, Child Care Micro Pods and Workforce Support, Childcare Workforce Stabilization Grant Program)- 10 points awarded
  • Located in census tracts with low indicators of economic opportunity - between 3 to 12 points, see map and methodology below

Data for all three indicators come from the US Census Bureau’s American Community Survey 2022 5-year estimate. For each indicator, the census tracts were divided into four categories based on the corresponding quartile. A score of 1-4 was assigned to each census tract depending on the quartile in which it fell. For example, a census tract that falls in the lowest quartile for median household income and employment rate would receive a score of four, while those in the highest one-fourth of census tracts would receive a score of one. For the poverty rate, the relationship is inverted, with a lower poverty rate in the census tract correlating with a lower score. Each indicator score is then added together for the total score from 3-12. The table below shows the broken-out score of each census tract. Want to know your business’ census tract? Here are instructions from the U.S. census for how to locate your census tract.

 

The application is now closed.

(If using a mobile device, please use Google Chrome, Firefox, or Bing.)

If you have any questions, please email: [email protected] or visit our Frequently Asked Questions (FAQ)

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