Gazelle Grant

Arlington Economic Development's Gazelle Grant is designed to be a deal-closing incentive program for fast-growing or "gazelle" technology companies. The Gazelle Grant program offers a grant of $10,000 to $150,000 for select technology companies and tech catalyst organizations like business incubators, accelerators and venture funds.

The program is backed by an economic development incentive fund of $1 million. The goal of this program is to build on Arlington's efforts to diversify the local economy by attracting technology companies in high-growth sectors like cybersecurity, data analytics, and robotics.

Learn More About the Gazelle Grant

 

Eligibility Criteria

To qualify, your company must:

  • Be a growing, for-profit technology company or tech catalyst organization with proven business and financial success;
  • Be a company new to Arlington or an existing Arlington company with at least 30% job growth over a three-year performance period;
  • Commit to at least a three-year office lease in Arlington with a move-in date in the next 12 months; and
  • Show proven capital-raising ability.

 

How to Apply

Contact Arlington Economic Development's Director of Business Investment, Marian Marquez, by email or phone, 703-228-0807, to discuss your interest. Following a conversation to determine eligibility, an application will be sent to your company for completion.

 

Snapshot of the Process

Grant ProcessGazelle Grant in the News

Arlington is giving $1M to tech firms (Washington Business Journal)

Incentivize Arlington (The Arlington Connection)

The Gazelle Grant is looking to get tech companies moving to Arlington (Technical.ly DC)

 

Recent Gazelle Grant Recipients

Axios is an online platform that publishes news articles and information about politics, business and healthcare sectors.

Higher Logic offers a community engagement platform that allows organizations to bring people together to foster collaboration.

Phone2Action offers a digital advocacy and engagement software that enables organizations to connect supporters and other stakeholders with elected officials.

Stardog is a big data company whose platform lets you query, search and analyze enterprise data, wherever it is, using scalable, cutting-edge knowledge graph technology.

VideoBlocks by Storyblocks is a subscription-based digital media content company that offers a one-stop shop for stock media.

 

Contact Info

To learn more about the Gazelle Grant program and other programs that support technology companies, please contact:

Marian Marquez, Director, Business Investment Group

[email protected]

(703) 228-0807

 

*Recipients of Gazelle Grant funds undergo a thorough vetting process. A company's application, business plan, and financials are reviewed and assessed by Arlington Economic Development and a third-party financial organization. The Arlington County Board has final approval over recipient selection. Once selected, grant recipients must sign a performance agreement and provide annual performance reports. Grant monies are subject to performance-driven claw backs.

Copyright © 2020 Arlington Economic Development