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Invest in Our Economy
Goal 1: Enhance Economic Impact Through Development and
Redevelopment Efforts, Partnerships, and Investment Opportunities
Objective 2: Build a Strong and Diverse Business Community
Project Performance Measure(s) City Service Team (Department)
IOE Small Business Initiative On‐Site Business Visits Economic Development and Capital
1.2.2 Investment (ED)
Summary:
Small Business COVID‐19 Relief Date
Small Business Initiative Tarrant County Small Business Grant Oct. 2020
Established in 2018, the small business initiative committee Promotion and Workshops Round 2
focuses on responding to small business requests, Tarrant County Grant Round 2 Grant Dec. 2020
managing the small business website, and staying up to Program Completed
date with partner organizations including the Tarrant
Interlocal Agreement Completed Dec. 2020
County Small Business Development Center, SCORE Fort
Worth, TechFW and EpicMavs. Representatives from the
Planning and Development, Purchasing, Library and OED Tarrant County Grant Businesses Funds
Program Funded Awarded
departments serve on the committee. In 2021, Staff will
(Arlington Businesses)
focus on business outreach and continue to stay up to date
Round 1 800 $6,269,685
on resources to assist businesses affected by the pandemic.
Round 2 255 $1,902,115
Update: Total 1,055 $8,171,800
The SBA Community Navigator Grant Program, established
by the American Rescue Plan Act, will leverage a Tarrant County Grant Businesses Funds
community navigator grant program to reach the smallest Program (Tarrant Funded Awarded
of businesses, with a priority focus on those owned by County Businesses) *
socially and economically disadvantaged individuals as well Round 1 2,195 $17,624,896
as women and veterans. The OED is working with Tarrant Round 2 725 $5,684,241
County SCORE who will apply for the grant program and Total 2,920** $23,309,136
develop programming for Arlington businesses. *Includes Arlington **64.2% are 51% or more
businesses MWV Owned
The Texas Rangers announced a partnership with Comerica
Bank, the Call‐Up Contest, to assist minority and women
Center for Entrepreneurship and Date
owned businesses within 50 miles of Globe Life Field. Staff
Economic Innovation
promoted the contest on social media. Contracts Completed Feb. 2020
Construction Meeting Apr. 2020
Staff continues to promote the Arlington Public Library’s job
CEEI Open for business June 2021
fair in August and is working with a company to attend the
fair or host their own fair in East Arlington.
Staff continues to research COVID‐19 relief business
resources for the coronavirus small business resource
assistance website and the OED’s email blast list.
UTA Center for Entrepreneurship and Economic
Innovation (formerly listed as the Business Incubator)
In conjunction with Community Development & Planning,
Economic Development, Water Utilities, and UT Arlington,
the City will work to develop a Business Incubator. The
collaboration of these key institutions to address this
pressing need should both enhance the financial stability
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