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City of Falls Church Economic Development Office News

Posted on: October 29, 2020

Governor's Grant Program Expands Eligibility Again

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What's New as of October 29, 2020

Businesses with less than $10 million in gross revenue or fewer than 250 employees will be eligible under the new criteria. Also, the maximum grant award will increase from $10,000 to $100,000.

About the Grant Program

The Rebuild VA Grant Fund is a program to help small businesses and non-profits whose normal operations were disrupted by COVID-19. Rebuild VA will now be open to all types of Virginia small businesses that meet size and other eligibility requirements, from restaurants and summer camps, to farmers and retail shops. Businesses that previously received a Rebuild VA grant will receive a second award correlated with the updated guidelines.

Covered Expenses

Approved Rebuild VA applicants may receive grants of three (3) times their average monthly recurring eligible operating expenses, plus COVID Related expenses (if applicable), up to a maximum of $100,000.

  • Eligible RECURRING Operating Expenses:
    • Payroll and benefits
    • Mortgage payments
    • Rent or Lease payments
    • Utilities
    • Principal and interest payments for business loans incurred before or during the emergency
  • Eligible COVID Related Operating Expenses (made on or after March 24, 2020):
    NOTE: Applicants who have received CARES Act funding are not eligible to receive reimbursement for COVID Related Expenses under the Rebuild VA grant.
    • Expenses required to comply with OSHA and VDH safety standards relating to COVID-19 prevention
    • Expenses necessary to reconfigure business facilities to comply with physical distancing standards to prevent virus transmission, including the installation of drive-through windows
    • Expenses incurred for the utilization or phase-in of touch-free technology or equipment
    • Purchase of equipment, infrastructure, technology, or other services to prepare for and respond to coronavirus
    • Purchase of equipment, infrastructure, technology, or other capital assets necessary to prevent the transmission of COVID-19 and provide a healthy and safe work environment

Read More on the official website:

Important Documents

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