The City of Phoenix has a new grant opportunity for Micro and Small Businesses. The City of Phoenix has contracted with the Arizona Community Foundation and Local First Arizona. to provide these small business grants.
Donor Name: City of Phoenix
Type of Grant: Grant
Deadline (mm/dd/yyyy): 04/15/2022
Size of the Grant: $15,00
The City of Phoenix has allocated funds from the American Rescue Plan Act of 2021 (ARPA) to help Phoenix micro and small businesses affected by the pandemic’s economic impact.
Eligible businesses may recieve up to $15,000. The grants funds may be used for any business expense that is categorized by the Internal Revenue Service as a “deductible expense.” In the past, grant recipients have used these funds to pay for rent/mortgage, payroll, insurance, inventory, and utilities among other expenses.
- Micro and Small businesses with 25 or fewer employees.
- Must operate a physical/mobile location in Phoenix and have been open one year prior to submitting a grant application.
- Gross sales less than $3 million
- Gross sales declined by at least 25% as a result of COVID-19 when comparing any month since March 2021 with the same month in 2020 or 2019
For more information, visit PHXBiz Grant.