The Arlington Economic Development is excited to announce the Arlington Innovation Fund (AIF) Catalyst Grant Program, a tool to help increase funding for early-stage technology startups through technical assistance and non-dilutive, co-investment.
Donor Name: Arlington Economic Development
State: Virginia
City: Arlington
Type of Grant: Grant
Deadline: 03/10/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
These grants allow companies to extend their runway of funding and gain access to larger venture capital rounds, expanding their customer base, employment and operations.
Funding Information
Companies must demonstrate that they have raised a minimum of $25,000, up to $1,000,000. Once verified, grants will be between $25,000 and $50,000, with the maximum amount.
Eligibility Criteria
- Must be a registered LLC, S-Corp or C-Corp, with the principal office address in Arlington according to the Virginia State Corporation Commission.
- Must be a for-profit company
- Must have at least one full-time employee
- Must have raised a minimum of $25,000 but no more than $1,000,000. Please see FAQ section for a full list of eligible matching capital types.
- Primary source of revenue must be derived from the sale, licensure or distribution of proprietary technology
- Must be current on all applicable Arlington County taxes.
For more information, visit Arlington Economic Development.