This article was written by Adam Henry, CEcD, EDP, Senior Business Development Manager for Arlington Economic Development.
In April 2023, the Arlington County Board approved $1 million in funding for the Arlington Innovation Fund.
The goals of this program are to increase access to early-stage funding for tech startups through technical support and grant funding, and also to support local and regional programming that focuses on the tech ecosystem in Arlington and Northern Virginia. Due to the changing landscape in the U.S. economy with remote work, inflation, and economic pressure in the venture capital industry, AED created this fund to fundamentally transform the way we assist early-stage startups by providing resources and programming to help Arlington’s tech ecosystem thrive.
Since approval of the funding, AED staff has been working diligently to complete the design and implementation of the program. The new program is comprised of two components — Catalyst Grants and the Ecosystem Support Fund.
Catalyst Grants will help increase funding for early-stage technology startups through technical assistance and non-dilutive, co-investment grants to help companies extend their funding and gain access to larger venture capital rounds to expand their customer base, employment and operations.
Startups applying for this program must be Arlington-based technology startups that have raised a minimum of $25,000 and up to $500,000 in funding. This is a competitive grant process with the following base eligibility requirements:
- Must be a registered LLC, S-Corp or C-Corp with the Virginia State Corporation Commission and have their principal place of business in Arlington (virtual addresses and P.O. boxes NOT ELIGIBLE)
- Be a for-profit company
- Have at least one full-time employee
- Have raised a minimum of $25,000, up to $500,000, through a combination of equity investments, grants and convertible debt
- Primary source of revenue must be derived from the sale, licensure or distribution of proprietary technology
- Be current on all applicable Arlington County taxes.
Applications for the Catalyst Grants will open in the coming weeks, those interested in the program can sign up to receive updates as they are announced.
Ecosystem Support Fund
The Ecosystem Support Fund is a discretionary tool for Arlington Economic Development to support local and regional programming and strategic initiatives focused on advancing the local and regional technology ecosystem. The goal of this fund is to boost local programming for the startup community and raise Arlington’s profile as a nationally recognized tech ecosystem.
Arlington Economic Development is excited to expand our services to the startup business community through the Arlington Innovation Fund. This unique approach will allow AED to better serve the tech ecosystem and foster the growth of tech startups allowing them to flourish as office users, employers and taxpayers in the Arlington community.
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Enjoy some tasty bites while networking at BizArt at WHINO on December 11!
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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.