Their Take: AZ Is Fostering Job Growth, Higher Revenues, and a Better Economic Climate for Taxpayers

inbusinessPHX.com

Common Sense Institute (CSI) released The Economic Implications of Repealing the 3.50% Surcharge & Moving to a 2.50% Flat Income Tax. In 2020, the simplicity and relatively low tax rate enjoyed by Arizona residents was put in jeopardy after the passage of Proposition 208. The measure would have imposed a new surcharge on incomes over $250,00 and raised the state’s top … [More]

Earth Day: America’s Mayors Are Leading the Way on Climate Change

inbusinessPHX.com

America's mayors continue to lead the fight against climate change through innovative policies and programs that are building climate resiliency, promoting the use of clean energy, and reducing greenhouse gas emissions in cities across the country. In recognition of the 52nd Earth Day, U.S. Conference of Mayors President Miami Mayor Francis X. Suarez released the following … [More]

New Round of Funding Opens to Help Small Businesses Hire and Retain Employees

inbusinessPHX.com

Governor Doug Ducey announced $5 million in additional funding for the Back to Work Small Business Rehiring and Retention program to further assist small businesses as they continue to recover from economic consequences of the pandemic. “Arizona’s economy is booming and jobs are exploding all across the state,” said Governor Ducey. “Now, our small businesses and their … [More]

City of Phoenix Celebrates Earth Day, April 22

inbusinessPHX.com

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ In Phoenix, living sustainably is not just something we do on April 22 or during Earth Week; there are opportunities to celebrate and protect our planet all year long. From plans for developing electric vehicle infrastructure, to preserving urban farmland, the City of Phoenix is taking action to … [More]

Federal Mask Mandate No Longer in Effect for Public Transit Riders

inbusinessPHX.com

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ The TSA (Transportation Security Administration) has lifted their federal mask mandate. Masks are optional and no longer required for riders or employees of the Valley Metro system. The CDC continues to recommend masks in indoor public transportation settings. Phoenix Public Transit Centers … [More]

U.S. Department of Commerce Releases Equity Action Plan

U.S. Department of Commerce

The U.S. Department of Commerce (DOC) released its Equity Action Plan for ensuring its programming and policies reach a larger and more diverse audience. The plan acknowledges that inclusive growth is good economics and it works to incorporate equity into every stream of work at the Commerce Department. Earlier this year, the Department updated its mission statement to better … [More]

SBA Addresses Inequities, Lower Barriers, and Other Systemic Challenges Facing Underserved Small Business Communities

U.S. Small Business Administration

  The U.S. Small Business Administration (SBA) made an historic announcement on the significance and impact of the SBA’s Equity Action Plan, released alongside equity plans from over 90 federal agencies as part of a coordinated effort by the Biden-Harris Administration to center equity across the federal government. “The SBA’s Equity Action Plan reaffirms our … [More]

Last Week for PHXbizGrants Small Business COVID Relief Assistance

inbusinessPHX.com

The last day for Phoenix small businesses to apply for up to $15,000 in Covid-19 relief grants is Friday, April 15. The application portal will close at 5:00 p.m. PHXbizGrants are available for small businesses in Phoenix to help offset costs and losses incurred from the pandemic. Eligible businesses have 25 or fewer employees and under $3 million in annual revenue. They … [More]

Valley Metro, City of Phoenix Renew Small Business Financial Assistance Program

Valley Metro

After a successful first year, the Small Business Financial Assistance Program (SBFAP) pilot will continue through 2024, which is the completion of the South Central Extension/Downtown Hub and Northwest Extension Phase II light rail projects. In its first year, the SBFAP granted over $360,000 to 62 businesses impacted by construction. As the program enters its second funding … [More]

SBA Launches Inaugural America’s Seed Fund Expo Competition for Small Businesses, Startups and Inventors

U.S. Small Business Administration

The U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, announced the launch of America’s Seed Fund Startup Expo 2022, a new initiative aimed at identifying innovative startups and supporting them with resources to help them scale, grow, and thrive. This competition comes in the midst of a historic … [More]

SBA Revises Small Business Size Standards in 16 Industrial Sectors

U.S. Small Business Administration

The U.S. Small Business Administration issued four final rules to modify revenues-based small business size standards in 16 North American Industrial Classification System (NAICS) sectors that will increase small business eligibility for SBA’s federal contracting and loan programs for approximately 59,000 additional firms. The final rules are part of the second five-year review … [More]

How Local Businesses Can Get In on New Federally Funded Arizona Infrastructure Projects

by Alexis Glascock

Arizona will receive $12.8 million flowing from the $1.2 trillion Infrastructure Investment and Jobs Act (Act) to help the state recover from three major wildfires. Arizona’s water authority also recently received $18.5 million The new funding will support the creation of wastewater treatment plants, water pipelines, flood detention and filtration treatments for rural and … [More]

Suite of Free Resources to Help Small Businesses Released by SBA

U.S. Small Business Administration

The Small Business Digital Alliance (SBDA), a new public-private co-sponsorship between the U.S. Small Business Administration (SBA) and Business Forward, Inc., published a comprehensive suite of free resources to help small businesses expand their customer base, manage their growth, find and retain talent, and enter new markets. These resources are being provided by some of … [More]

Equal Employment Opportunity Commission to Add Nonbinary Gender Option

U.S. Equal Employment Opportunity Commission

The U.S. Equal Employment Opportunity Commission (EEOC) announced today that it will promote greater equity and inclusion for members of the LGBTQI+ community by giving individuals the option to select a nonbinary “X” gender marker during the voluntary self-identification questions that are part of the intake process for filing a charge of discrimination. This announcement … [More]

COVID-19 Emergency Declaration Ends after Two Years

State of Arizona Office of the Governor

Governor Doug Ducey is terminating the state’s COVID-19 Declaration of Emergency based on the state reaching thresholds established by the Arizona Department of Health Services that show the virus is no longer as widespread as it once was. The termination takes effect immediately, and follows the recent signing of Senate Bill 1309, providing an extension of temporary … [More]

SBA Pilot Program Targeting Access to Capital for Underserved Entrepreneurs Expanded

U.S. Small Business Administration

Vice President Kamala Harris and Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, will announce impactful reforms to the agency’s Community Advantage (CA) loan program, a key SBA tool for Community Development Financial Institutions (CDFIs), … [More]

Energy Companies Engage Utilicast to Oversee Strategic Improvement Planning

inbusinessPHX.com

The Western Markets Exploratory Group (WMEG) announced the hiring of Utilicast, an energy consulting company, to evaluate regional market structures to improve affordability, reliability, and decarbonization opportunities across the West. The WMEG, which is made up of 14 western utilities, plans to explore the potential for a staged approach to new market services … [More]

Phoenix Expands the Bio Research Campus Brand, Now ‘Phoenix Bioscience Core’

inbusinessPHX.com

Health-advancing discoveries underway in Phoenix show promise that the cure for cancers comes through the city’s biosciences ecosystem. The reason is the 30-acre Downtown bio research and discovery campus located between Fifth and Seventh streets in the city’s core. Bustling from a more than $600 million investment by the City of Phoenix and its partners, the campus is the … [More]

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