Phoenix Needs Micro and Small Business Grants | Arizona News

Prosecutors outline the financial case of the campaign against Lev Parnas as the criminal trial begins

Grant amounts run between $3,000 and $15,000, depending on the size and location of the business. The money is meant for expenses since March 2021, and it does not matter if you have gotten a previous grant.

Funded by the American Rescue Plan Act of 2021, the PHXbizGrants program has $8 million set aside for “resiliency grants.” Business owners can use the grant money to cover any expense the IRS says you can deduct, including rent or mortgage payments, insurance, and utilities. It can also go toward expansion and hiring bonuses. As long as the grant is used for eligible expenses, business owners do not have to pay it back.

Highlights

  • Info: www.phoenix.gov/phxbizgrants

  • Where to apply, get help applying

 Eligibility requirements25 of fewer employeesOperated a physical or mobile location in Phoenix for at least 1 yearRevenue less than $3MShow 25% revenue loss because of COVID-19, when comparing any month since March 2021 with the same month in 2020 or 2019

Application assistance: 602-777-7636 or phoenixgrants@localfirstaz.com

The deadline to apply is April 15 unless all of the money has been awarded before then.

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