Earlier this month, Arlington Economic Development took part in National Economic Development Week, which celebrates the positive contributions that the profession of economic development makes on localities, regions and states across the United States.
National Economic Development Week was established by the International Economic Development Council (IEDC), the world’s largest organization serving the economic development profession, with more than 5,000 members around the world. Best defined by IEDC, “Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base.”
As we celebrate the contributions that economic development brings to communities, we also recognize that none of the contributions would be possible without great partnerships and strategic investments to make a community attractive to its existing and prospective businesses.
Below are some examples of partnerships and investments AED has taken part in that support the business community and boost its profile as an ideal location to do business:
- Gazelle Grant Program — Launched in 2016, Arlington Economic Development’s Gazelle Grant program was designed to be a deal-closing incentive program for fast-growing or “gazelle” technology companies. This program is a tool to help grow the tech ecosystem economy in Arlington by expanding the tech employment base and decreasing the commercial real estate vacancy rate. Since the inception of the program, Arlington Economic Development has attracted and expanded five high-growth technology companies with the Gazelle Grant. To date, the program helped create and retain an estimated 778 jobs and absorb over 83,000 square feet of commercial space.
- Northern Virginia Economic Development Alliance — In September 2019, 10 jurisdictions from Northern Virginia came together to announce the formation of the Northern Virginia Economic Development Alliance (NOVA EDA). The Alexandria Economic Development Partnership, Arlington County, City of Fairfax, Fairfax County Economic Development Authority, City of Falls Church, Fauquier County, Loudoun County, City of Manassas, City of Manassas Park and Prince William County Department of Economic Development comprise NOVA EDA’s membership. NOVA EDA was created following the Amazon HQ2 and Virginia Tech Innovation Campus announcements in Northern Virginia to better collaborate as a region and develop a strong brand and story that showcases the value proposition of doing business in Northern Virginia.
- Arlington Small Business Emergency GRANT (Giving Resiliency Assets Near Term) Program — In response to the pandemic in 2020, Arlington County partnered with the Arlington Industrial Development Authority and the Ballston, Crystal City and Rosslyn Business Improvement Districts to develop and implement the Emergency GRANT program to support small businesses that were impacted by the COVID-19 pandemic. In total, Arlington County supported 393 businesses through the $2.8 million program with awards of up to $10,000 per business.
These examples are only a few of the many ways Arlington Economic Development’s efforts make the community a competitive and viable option for companies to launch, expand and locate their businesses.
Through existing business support and programs to attract new investment to the community, Arlington is well-positioned to diversify its economy further, expand its technology ecosystem, and provide an environment for enhanced economic well-being and quality of life to all its residents.
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Good Friday evening, Arlington. Let’s take a look back at today’s stories and a look forward to tomorrow’s event calendar. 🕗 News recap The following articles were published earlier today…
There’s no official word on its website, but it looks like Bar Ivy in Clarendon may have closed permanently.
Children’s Weekday Program (CWP) is a non-profit preschool rooted in a play-based philosophy. We focus on developing a love of learning and exploration, cooperation, empathy, and independence.
Our caring and experienced educators create opportunities for children 16 months to 5 years old to play, learn, and grow in a nurturing environment of child-centered and developmentally appropriate experiences.
Initially established more than 50 years ago in South Arlington, CWP continues to be a lauded program in the Northern Virginia area. We are extremely proud to have been recognized as a Best Preschool in Northern Virginia Magazine for the last 4 years.
Located now in North Arlington at 2666 Military Road, CWP offers a part-time parents day out and preschool program with options to extend care both before and after school. We offer a supportive and inclusive school community for children and parents alike and welcome all families to join our school!
The Optimist Club of Arlington is holding its 77th annual Christmas tree sale!
This year, the tree sale will be held at the Knights of Columbus (5115 Little Falls Road). The lot opens for sales on November 24th. The Optimist Club is selling small and large trees ranging from tabletop size to 10 foot tall trees! Wreaths, garland, tree stands, and White House Christmas ornaments will also be for sale.
100% of all proceeds go towards helping Arlington County youth.
For more information, please visit the Arlington Optimists website at https://optimistclubofarlingtonva.org/.
Holiday Art Show featuring artists: Peter Fitzgerald, Claire Plante, Alanna Rivera, and Suzy Scollon. At the Barcroft Community House, 800 South Buchanan St., Arlington, VA. Dec. 8 from, 2 PM to 8 PM and Dec. 9 from 10 AM to
2023 Christmas Tree Sales Begin
Saturday, December 2
Get your holiday decorating off to the right start this year! We will be selling 150 Fraser firs, freshly cut and delivered from Sparta, North Carolina.