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.
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.
HELP YOUR BUSINESS PROSPER!
The City of Phoenix has a new grant opportunity for Micro and Small Businesses. Eligible businesses may receive 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.
Eligibility Requirements:
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
Applications will be accepted until April 15, 2022unless all grant funds are awarded prior to this
deadline.
