Posted on Leave a comment

Local First Arizona Offers Micro-Business Relief Grants

love your neighbor hat

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

Leave a Reply

Your email address will not be published. Required fields are marked *