Small business grants for for-profit businesses, organizations, and public-sector entities in Phoenix, Arizona. Payroll and salaries alone amount to $82.94 billion in Arizona. . 2015 - 2021 Grant Awardees . So, the owners facing financial hardship and a sudden income loss can survive the COVID-19 outbreak. While we're your local packing and shipping experts, we do much more. Suite P-195, Phoenix, AZ 85028 | 602. Overall, our metro area also made the top ten list. Small businesses in Arizona have access to numerous resources. The good news is that there are a number of grants available from the state government and other organizations that can provide much-needed financial assistance. The Phoenix Microbusiness Resiliency Grant from the City has a maximum award of $5,000 for qualifying businesses anywhere in Phoenix. organization in the United States. Small business grants are monetary assistance to businesses, ranging from $10,000 to $250,000. By teaching state inmates job skills, the initiative aims to reduce recidivism. To apply, visit the AZSTEP website. 16,583 registered businesses in Arizona are in the Professional, Scientific and Technical Services sector. Internal Revenue Service treats deductible expenses as business expenses. (602) 765-4456. As the CEO, Im at the bottom, said Daquilante. Funding is intended for programs and activities within the focus areas of health, education and leadership, social wellbein. Phoenix businesses can apply for PHXbizGrants resiliency grants. Small Business Grants for Veterans - Bankrate.com. As part of the most recent Economic Aid Act, eligible grant entities may be live venue operators or promoters, theatrical producers, live performing arts organization operators, museum operators, motion picture theater operators, and talent representatives. They also provide Mini Grants of up to $2,000 to fund a range of needs. 3. "Involving Tempe" is referring to grants where Tempe is advocating for and partnering with other organizations in our community. Phoenix City Council allocated $8 million in funds from the American Rescue Plan Act of 2021 to assist micro and small businesses affected by the pandemic. Learn more and prepare for your application HERE. Grant amounts range from $25,000 to $50,000. Phoenix, AZ 85007 . The report, along with any unspent grant funds, must be submitted to the City of Phoenix by 6/30/2022. Phoenix, AZ 85012; Phone. From year 2000 to date, USGrants.org has become one of the largest and legitimate go-to resources for information on government grants. It takes little more than a few questions to apply for a grant. Lock Finally, securing a grant can give your small business a boost of credibility. Hours of operation: "Arizona's small business community is resilient. Arizona Cash Assistance Program. This funding is reserved for business owners in low-or moderate-income households. The American Rescue Plan Act established the Restaurant Revitalization Fund to provide funding to help restaurants and other eligible businesses keep their doors open. Since Superstition Meadery launched in Prescott, Arizona in 2012, it has introduced over 170 unique beverages. Last but not least is the Choose Chandler reimbursement grant program. The grant is offered by the coalition of the Economic Development Division with the Industry Development Authority. Training Grants Before you hire, check with ASBA about the potential for a state reimbursable grant to train your new staff. About $2 million are still available. Phoenix, AZ 85018. Small businesses engaged in research and development with the federal government may apply for SBIR or STTR grants worth up to $250,000. Phoenix Small Business Grants Use Report Each grant recipient agreed, as a part of its grant application, to provide the City of Phoenix with a report of how the grant funds were spent. In Phoenix, PHXbizGrants provide grants of up to $15,000 to help micro and small businesses cover business expenses during the pandemic. Whether you're in Phoenix, Tucson, Mesa, or any other city in Arizona, Advancepoint Capital can help you get the small business loan you need. Your email address will not be published. Businesses may be interested in this list of grants for 2023. Gov-Relations is where people may seek information on funding opportunities. If you are looking for funding for your business, you might want to apply for a small business grant. Below is a list of opportunities recently published in the local state: It is always free to apply for government grants. If you are looking for alternative funding for your small business, read LendThrives guide to five alternative financing options. 8 Common Types of Commercial Insurance. To be eligible for the grants, companies have to have 25 employees or less, have their revenue down 25% due to Covid, have less than $3 million in gross sales and have been operating in Phoenix. The SBA Economic Injury Disaster Assistance Loan is a federal program that provides small businesses with working capital loans of up to $2 million. Although the federal government does not publically provide grants for starting and expanding a business, in Arizona, some small business grants are given to business owners to start and grow their ventures, and grant recipients do not have to pay back the funding from government. Although the federal government does not publically provide grants for starting and expanding a business, in Arizona, some small business grants are given to business owners to start and grow their ventures, and grant recipients do not have to pay back the funding from government. You essentially require a decent amount of work and effort. We're a vibrant, growing city and a great place to, Water/Sewer/City Services Bill (602) 262-6251. Grants can provide low-cost growth, even though they take time and effort to secure and administer. Show Low, AZ 85901. Social Venture Partners Arizona (SVP) Investee Grants Opens January 1st and closes January 23rd Full-time Investees are nonprofits in SVP's focus areas selected by the SVP committee to receive a multiyear investment, capacity building tools, and Partnership expertise for 3-5 years to increase their organizational capacity and amplify their impact. There are a variety of grants available to Arizona residents. Strives to be the premier resource of training and technical assistance for the Arizona grants community. A small business can expect to obtain up to $25,000. The city and the nonprofit Phoenix Industrial Development Authority together are offering the Small Business Relief Grants. Sign Up. A joint program led by the Arizona Department of Forestry and Fire Management and the Arizona Department of Corrections, Rehabilitation & Reentry removes hazardous vegetation. We can also connect you to our partner organizations, lenders, and other community groups that help small businesses succeed. Award ranges from $3,000 to $15,000, depending on business size and location. Phoenix RISE Microbusiness Grants: [Applications Closed] The City of Phoenix is mobilizing $2 million of federal funds to be equitably distributed as grants to microenterprises - businesses that have up to five employees. For more information to see if you qualify, click here. The reimbursement basis means that the grant will cover losses incurred from July 2020 to December 2021. So, a business can apply for Choose Chandler grant for up to $150 to $450 for such essential Covid protection items. companies located within the city of phoenix can apply for a small business relief grant of up to $10,000 from the phoenix ida in coordination with the city of phoenix. Eligible applicants may qualify for . Grants; State Trade Expansion Program (STEP) Grants for community organizations; Federal Contracting. The City of Phoenix, in collaboration with the Phoenix IDA, offers grants of up to $10,000 to small businesses. Arizona Community Foundation, Current Grant Opportunities, COVID-19 Grants for Small Businesses and Nonprofits: Open Grant Opportunities : There are multiple funding opportunities currently available for small businesses and nonprofits experiencing financial hardship during COVID-19. We're calling on Arizonans to be informed, get engaged, and support organizations doing important work to keep our communities safe and healthy. These grants cover payroll, rent, mortgage, insurance, inventory, and utilities. However, some limits apply, such as using the money only in the way the grant giver specifies. We encourage you to learn about grants and grant-related scams by clicking on the links below. . Over $82,941,093,000.00 US dollars are paid to employee salaries/payroll alone in the state of Arizona and more than 40,677 businesses declare bankruptcy every single year. Details: The state of New Mexico announced that the All Together NM Fund will award $750,000 in grants to businesses with five or fewer employees. Under Somos Uno Resiliency Fund, preference is offered to small-scale businesses. Microloan programs provide small loans ranging from less than $500 up to $50,000. The report, along with any unspent grant funds, must be submitted to the City of Phoenix by 6/30/2022. Maricopa County Fireplace Retrofit Program Monday through Friday, from 8:00 a.m. to 4:30 p.m. Closed on all federal holidays. Apply for PHXbizGrants if your company has fewer than 25 employees. As a result of COVID-19, gross sales or revenues decreased by at least 25% between 2019 and 2020. This can be helpful if you need funding for a specific project but dont have the cash on hand to cover the costs. Applicants with the highest need who have not previously received any funding from other programs will also be given preference. 4520 N Central Avenue, Suite 590 Phoenix AZ, 85012-1848 Arizona Tribal CDFI (ATC) was created in Phoenix, Arizona in 2005 as a collaboration between state government and twenty-two sovereign tribes to provide financial products and development services to Native American communities on and off reservation in the state of Arizona. Additionally, your gross sales must have declined at least 25% because of COVID . The Nav Small Business Grant is currently paused but we plan to reopen it in the future, so keep an eye out. "For a small business, a $10,000 grant can make a big difference. 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