League $500,000 Allocated for Second Round of Frederick County, Virginia COVID-19 Business/Non-Profit Grant Program
October 16, 2020 – Frederick County, VA
Round Two of the Frederick County, Virginia COVID-19 Business/Non-Profit Grant Program will open on Friday, October 23, at 8 am. Grants of $5,000, $7,500, or $10,000 will be awarded to Frederick County businesses and non-profits adversely affected by the pandemic, with 2019 annual gross revenues of at least $30,000 but less than $3 million. Round Two eligibility is expanded to include non-profits located outside of Frederick County. Grant amounts for non-profits located outside of Frederick County will be awarded on a sliding scale based on percentage of Frederick County residents served and 2019 revenues. For example, a non-profit with $500,000 in gross revenues for 2019 that can document 50% of their service goes to Frederick County residents, could qualify for a grant of $5,000. Businesses and non-profits awarded in Round One are ineligible for award in Round Two.
Seventy (70) Frederick County businesses and non-profits were awarded in Round One, totaling $662,500. A list of businesses receiving awards can be viewed here. Total allocated funding for Round Two is $500,000, which includes the remaining $337,500 from Round One and an additional allocation of $162,500.
Funding is provided through Frederick County’s Coronavirus Relief Funds under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Grant recipients will be chosen by a random drawing of all eligible and certified applications if total applicant requests exceed the $500,000 in budgeted funding. Businesses may use grants to be reimbursed for only expenses directly related to the immediate impacts of COVID-19. Receipts or proof of qualified expenses must be provided to receive payment.
Completed applications may be submitted online beginning 8 am, Friday, October 23, through 5 pm, Friday, October 30, at YesFrederickVA.com/CovidGrants
Incomplete applications will impact business’ eligibility to receive grant funds.
Application details, including full eligibility requirements, grant category information, and grant terms and conditions may be found at YesFrederickVA.com/CovidGrants
Applicants will be notified by the Frederick County EDA via email on or around Friday, November 20, 2020, as to whether they are receiving a grant award.
Questions regarding the program should be sent to covidgrants@yesfrederickva.com
CONTACT
Patrick Barker, CEcD
Frederick County EDA, Executive Director
(540) 665-0973 | pbarker@yesfrederickva.com