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December 14, 2020 at 1:15pm
Fairfax County’s relief fund for small businesses and nonprofits affected by the COVID-19 pandemic has come to an end, the county announced on Dec. 11.
Established by the Fairfax County Board of Supervisors in May, the Fairfax Relief Initiative to Support Employers (RISE) assisted 4,809 local businesses and nonprofits by awarding $52.57 million in grants.
According to the county, RISE received 6,280 total requests for aid during the application period from June 8 through June 15. 95% of the grants went to local businesses, while the remaining 5% supported nonprofits.
More than 72% of the grant recipients identified as organizations owned by women, minorities, and/or veterans. That surpasses the county’s goal of allocating at least one-third of the available funds to businesses owned by those historically disadvantaged groups, which account for a third of the jobs in Fairfax County.