Department of Economic Initiatives (DEI)

Fairfax County, Virginia

 

CONTACT INFORMATION:

Our office is open 8:30AM-4:30PM M-F

703-324-5171 | TTY 711

12000 Government Center Parkway, Suite 432
Fairfax, VA 22035

Rebecca Moudry, Director

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WHAT WE DO

Department of Economic Initiatives (DEI) leverages county resources and develops policy recommendations to foster economic development and position Fairfax to be an economically competitive and prosperous community. It also works closely with small, local businesses to advise and guide them as they grow.

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RELAY

Fairfax County and Dominion Energy are partnering to launch an autonomous electric shuttle, Relay, that will operate between the Dunn Loring Metrorail Station and the Mosaic District in Fairfax County. It will be the first test of driverless public transportation in the D.C.region, and it’s also the first state-funded autonomous transportation project in Virginia. Testing is underway and the shuttle will begin passenger service in the Fall of 2020. 

Fairfax RISE

Fairfax Relief Initiative to Support Employers (RISE) grant program provided $58,000,000 to assist Fairfax County small businesses and nonprofits affected by the COVID-19 pandemic. The RISE grant program helped address funding gaps that may exist among complementary programs at the state and federal levels and provides relief to small businesses and nonprofits impacted by the COVID-19 pandemic. 

Fairfax Peak

Alpine-X, a Virginia-based company, has submitted a proposal to build a 450,000-square-foot snow-sports center with plans for a 1,700-foot long, 280-foot high ski slope. If approved, this project, known as Fairfax Peak,  would sit  on the I-95 Lorton landfill, owned by Fairfax County.


October 5, 2020 | 01:58PM
OmMade Peanut Butter, a local artisan food producer, will expand its all natural, gourmet peanut butter manufacturing operation in Reston thanks to a combined $50,000 grant from Fairfax County and the Commonwealth of Virginia   OmMade will receive $25,000 from the Governor’s Agriculture and Forestry Industries Development Fund and Fairfax County will match it with an additional $25,000.  “The Commonwealth of Virginia believes supporting innovative small businesses is key to dynamic economic growth and job creation across the Commonwealth,” stated Governor Ralph Northam. Over the next three years, the woman- and minority-owned company will source 30,000 pounds of peanuts from Virginia farmers. The grant funds will allow the company to create five jobs and invest nearly $250,000 to expand in Fairfax County. “I am so pleased that a Fairfax County, woman-owned, small business, founded by long-time Reston resident Radhika Murari, will benefit from this grant and bring more jobs to the County,” said Fairfax County Board of Supervisors Chairman McKay.  “This is a difficult time for businesses, especially those looking to grow.  It’s exciting to be able to lift up OmMade Peanut Butter, a Made in Fairfax operation, and showcase the creativity and quality that Fairfax has to offer.”  Read More on Fairfax County's Newscenter  

September 17, 2020 | 02:43PM
Fairfax County Increases Funding for Fairfax RISE: Small Business and Nonprofit Relief Grant Program The Fairfax County Board of Supervisors voted today to add $20 million in funding to the Fairfax Relief Initiative to Support Employers (RISE) program, bringing total program funding to $46 million. Fairfax RISE assists small businesses and nonprofits affected by COVID-19. The additional funding will come from the county’s portion of federal CARES Act funds. “Small businesses are at the heart of Fairfax County’s economy. There is significant need across the community for support and we saw a huge response to the Fairfax RISE program,” noted Fairfax County Board Chairman Jeffrey McKay,” I’m proud we could expand this program and support even more of our small businesses.” The RISE grant program is intended to help address funding gaps that may exist among complementary programs at the state and federal levels and provides relief to small businesses and nonprofits impacted by the COVID-19 pandemic.   Fairfax RISE grants do not have to be repaid. A minimum of 30% of the program’s funding is allocated for minority-, veteran-, and women-owned businesses. More than two-thirds of the businesses who applied for RISE grants fall within those categories. Over 2,000 of the original 6,100 applicants were offered grants. The additional funding, along with $1 million from the Town of Vienna, will allow the program to serve at least 4,000 total applicants. At this time no new applications will be accepted. All grants will be offered to the initial applicants who applied, but were unable to be funded due to the volume of requests.  

September 17, 2020 | 02:38PM
Governor Northam's administration has expanded the eligibility for the Rebuild VA Grant Fund, a program to help small businesses and non-profits whose normal operations were disrupted by COVID-19. Businesses including restaurants, brick and mortar retail, exercise and fitness facilities, personal care and personal grooming services, entertainment and public amusement establishments, and campgrounds as  now small hotels and bed and breakfast lodging facilities along with the film industry companies supporting production in the Commonwealth are all eligible to apply for funding. . Businesses and non-profits that are approved for a Rebuild VA grant may receive up to 3 times their average monthly eligible expenses up to a maximum of $10,000. Learn More      

UPCOMING EVENTS

Oct

29

10:00AM, The Fairfax County Economic Development Authority is hosting a webinar…

Nov

10

7:30AM, The FCEDA, in partnership with the Virginia Department of Small…

Nov

10

9:30AM, Public Meetings 11/10/2020 9:30 am   Event Description The Board of…

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