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Local First Arizona Offers Micro-Business Relief Grants

by The 100 Companies
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In response to the COVID-19 pandemic, Local First Arizona and its community partners are launching a fund to provide mini-grants to Arizona’s smallest, locally owned, independent enterprises.

These micro-entrepreneurs –  defined by Local First Arizona as non-franchise businesses with zero to three employees, less than $250,000 in annual revenue and approximately $35,000 to $45,000 in net profits – need immediate assistance to sustain the impact from decreased business and cash flow caused by the near-shutdown of the economy.

Priority will be placed on business owners with children under 18 at home. Once approved, the funds will be distributed within five business days.

– The Arizona 100 reports

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The Arizona 100