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8 Organizations Receive $21.8K in EDA Grants

by | Oct 18, 2016 | Business

By Susan Larson

The Fredericksburg Economic Development Authority (EDA) approved eight grants totaling $21,800 in its latest quarterly grant cycle. The vote came during the group’s October 17, 2016, meeting.

The grants awarded are:

– $1,350 facade improvement matching grant to Gregory Harding to install awnings over front and side windows at 1607 Princess Anne St.

– $1,200 nonprofit JumpStart! grant to Washington Heritage Museums for a Square Point-of-sale register system to accept credit cards at Hugh Mercer Apothecary Shop and Rising Sun Tavern.

– $4,250 nonprofit JumpStart! grant to Fredericksburg VA Main Street to purchase additional laser projectors for holiday lighting in downtown Fredericksburg. This grant is pending city funding, and written approvals from property and business owners.

– $5,000 for profit JumpStart! grant to BzzNizz, doing business as Hapcast, to assist with the launch of their Hapcast mobile app.

– $1,500 for profit JumpStart! grant to The Silver Stag-Vintage Revival House, formerly House of Milk and Honey, for updated signage to represent the name change, revitalization of front landscaping, and installation of a pergola in the courtyard to protect exterior merchandise.

– $7,000 event sponsorship grant to Fredericksburg Parks, Recreation & Public Facilities for Downtown 31, a month-long series of events to be held in downtown Fredericksburg in December 2016.
See City Announces New Plan for New Year’s Eve Celebration for details.

– $750 event sponsorship grant to Rappahannock POPS Orchestra for the printing of programs for their December 15, 2016, 17th anniversary concert.

– $750 event sponsorship grant for Fredericksburg Festival for the Performing Arts for marketing and advertising of their 30th annual chamber music festival in May 2017.

Grant applications are accepted March 1, June 1, September 1, and December 1. See the EDA Grants webpages for details.

The EDA’s revenue comes from fees paid by organizations that have issued bonds through the authority for projects in the city, including Mary Washington Hospital, Eagle Village, and the Gladys H. Oberle School. “As of mid-2015, eight EDA bonds totaling about $258 million remained outstanding, producing approximately $220,000 in annual revenue for the authority,” the annual report said. The EDA receives no city tax dollars.

More
Fredericksburg EDA Approves Seven Grants (July 2016)

Fredericksburg EDA Approves $14,500 in Grants

EDA Annual Report Reviews $257K in Grants (2015)

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