September 28, 2020
New grants will support struggling small businesses
To qualify a business must have fewer than 20 employees and 2019 gross receipts of less than $2.5 million.
Fauquier businesses that have suffered 25 percent “economic injury” because of the COVID-19 pandemic can qualify for grants of up to $7,500.
The grant funds come at a time when local businesses have been hit hard with reductions in revenue and cash flow. This money will not only help small businesses with operational costs but can also help them adapt to new ways of functioning during COVID-19.
— Beverly Pullen, interim county economic development director
The board of supervisors this month allocated $350,000 of the county’s CARES Act funds for the business grants.
Recipients, who much have operated legally in Fauquier since at least Oct. 1, 2019, also:
• Have fewer than 20 employees.
• Had maximum annual gross receipts of $2.5 million in 2019.
• Must be current on all taxes and fees as of Oct. 5.
Of the total, $30,000 will go to nonprofit organizations that already receive county funds in fiscal 2021.
The Fauquier County Economic Development Department will work with Community Investment Collaborative to administer and manage the grant funds. County officials will retain oversight and management of the CARES Act Grant Fund.
Based in Charlottesville, CIC has worked with neighboring counties. It offers an online platform backed by Lenderfit.
“Using this platform will help safely and securely streamline the process, and ensure timely distribution of all monies,” Beverly Pullen, the county’s interim economic development director said a in a press release. “As a required step in the process, businesses interested in the grant must fill out a grant interest form. This is NOT the grant application.
“The county will use this information to inform you when the application period is open,” Ms. Pullen added. “The application is scheduled to open on or about October 5th.”
Click here for the grant interest form.
The eligibility criteria, which follow federal requirements, came from a group that included representatives of the county agency, the Fauquier County Economic Development Authority, the Fauquier Chamber, PATH Foundation, Experience Old Town Warrenton and the Town of Warrenton.
“The grant funds come at a time when local businesses have been hit hard with reductions in revenue and cash flow,” Ms. Pullen said. “This money will not only help small businesses with operational costs but can also help them adapt to new ways of functioning during COVID-19.”
If each grant totaled $7,500 the program would help 46 businesses and organizations.
For more information, call the economic development department at 540-422-8270 or email:
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Baldurr · October 21, 2020 at 6:37 pm
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star19 · October 3, 2020 at 9:47 pm
brandonj · September 29, 2020 at 9:48 am
@Silii you do realize Trump had no input on writing the tax code right? Career politicians of the sort like Biden did so they could get reelected with the help of their wealthy, private sector buddies.
Instead of worrying about the measly amount of taxes (small in the grand scheme of things) Trump legally (as far as we know) didn't pay, you should be concerned with the massive wealth transfer occurring right in front of our eyes with COVID as an excuse (it's the new war, e.g. war on terror!). You have the FED massively expanding their balance sheet, i.e. printing money and PPP loans dolling out cash to people and businesses that don't need it (hedge funds).
Silii · September 29, 2020 at 8:47 am
Trump is required to take his salary and pay income taxes on it. Donating some of it back to treasury simply gives a deduction, something he is desperate for. He doesn't do anything out of the goodness of his heart as he has no ability to do so. Does Trump also deserve credit for bilking contractors, you know, the average guys laboring for their living? Does he deserve credit for deducting $26 million in consulting fees to Ivanka who was an employee of the Trump Organization when money from TO was used for those fees? And $70,000 deduction for his hair stylist? (Really, don't you think that stylist got the better end of that deal?) The advantage of being wealthy is that the tax code, especially as reformed by Trump, provides countless more tax breaks for the wealthy resulting in reduced taxes while the middle and working classes lost or had caps put on simple deductions, thus raising their taxes. The average middle class American household paid nearly 3 times as much in federal taxes as your president in 2016 and 2017. It seems Trumpy should be the one worried about "getting into heaven", whatever that means. Oh, and, they aren't my leaders, they're your leaders, too, fauquierflash. And, yes, deplorable is a perfect word to describe Trump.
fauquierflash · September 28, 2020 at 7:26 pm
When you donate back your $400,000 Salary every year as President, that certainly lowers what your Tax Bill could be which President Trump has done. I think he deserves credit for that. Of course Pelosi can't donate back any of her salary because she needs to buy expensive Ice Cream and illegal Hair appts. Also I'm sure you "Holier than thou Dems" have never pulled a fast one on your Taxes? Your so perfect and everyone else is a Racist and a "Deplorable" You folks will be waiting months in line to get into Heaven. Enjoy your week, cause I'm sure your leaders will have many more "Bombshells" to keep the USA in discontent.
Jerome Fields · September 28, 2020 at 5:31 pm
Silii - Trump is a Conman, always has been, always will be.
Silii · September 28, 2020 at 5:11 pm
Great program for our suffering businesses. For sure this isn't tax money paid by the president who has made it his life's goal to avoid taxes to the maximum extent he can. These grants are 10 times the amount Trump paid in federal taxes the year he was elected. Just another indication of how he doesn't care about anyone except himself and pretending he is the greatest businessman ever. It's pretty clear now he is a huge national security threat. Ha. With Turkey and the Phillipines as his lenders, no wonder he treats them with kid gloves. Not a good indicator for his financial entanglement with Russia which will come out eventually. Meanwhile, back to our local businesses who are suffering because of Trump's total inabiity to deal with the pandemic - will the list of recipients of these grants be public? Where?
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