The City of Phoenix, in coordination with the Phoenix IDA, is offering grants up to $10,000* to local small businesses and startup companies experiencing economic distress and sudden loss of revenue due to the COVID-19 pandemic.
Relief grants are intended to help for-profit small businesses and startup companies keep employees on payroll and meet other necessary operating costs. To apply, businesses must be located in economically distressed areas of Phoenix.
*While funding is available; applying for a grant does not guarantee funds will be awarded. Program administered by the Arizona Community Foundation.
To qualify, small businesses must meet the following requirements:
- Gross total sales declined by at least 25% as a result of COVID-19 in March and April 2020, when compared to March and April 2019.
- In operation in the city of Phoenix prior to January 1, 2019.
- No more than 25 employees as of March 1, 2020.
- No more than $3 million in gross total sales between January 1, 2019 and December 31, 2019.
- Applicant's business address is located in a low-income census tract or on a street bounding a low-income census tract. What is a low-income census tract?
- Ability to provide documentation to verify the economic hardship suffered as a result of the COVID-19 crisis, including tax returns, financial statements, and other financial data.
- Ability to share with City of Phoenix or Phoenix IDA information demonstrating the economic impact of this grant program, including but not limited to, jobs retained, jobs created, increased sales, and access to capital.
- Applicant has not previously accepted funds from the Phoenix IDA Small Business Grant program or any City of Phoenix Resiliency Grant.
Frequently Asked Questions
Check out the answers to some frequently asked questions related to this grant program.
Read the program guidelines before applying.