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]

Existing COVID EIDL Program Borrowers Receive Additional Deferment 

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, directed the Agency to provide additional deferment of principal and interest payments for existing  COVID Economic Injury Disaster Loan (EIDL) program Borrowers for a total of 30 months deferment from inception on all approved COVID EIDL loans. … [More]

How the City of Phoenix Is Working to Address Homelessness

inbusinessPHX.com

The Maricopa Association of Governments (MAG) released the data today from it's 2022 Point-in-Time (PIT) Homeless Count. The PIT Count is an annual street and shelter count to determine the number of people experincing homelessness in Maricopa County during a given point in time, as part of a national effort to identify the extent of homelessness nationwide. The numbers reflect … [More]

Local Governments Work Together to Address Increase in Homelessness

inbusinessPHX.com

The number of people experiencing homelessness continues to increase in communities across the region, with those living in unsheltered situations climbing by 35 percent since 2020, according to newly released numbers from the Maricopa Association of Governments (MAG). The numbers reflect a two-year increase, since the 2021 count was not conducted due to the COVID … [More]

Get a Grant for Your School or Nonprofit

inbusinessPHX.com

​The City of Phoenix is now accepting applications for two different COVID-19 related funding opportunities for nonprofits or schools. The first is the COVID Clean Public Facilities and School Improvement and Upgrades Program. The Phoenix City Council allocated $2.3 million in Community Development Block Grant CARES Act (CDBG-CV) money to fund COVID-19 prevention improvements … [More]

Phoenix Sky Harbor Launches Virtual Checkpoint Queuing Program for Airport Passengers

inbusinessPHX.com

America's Friendliest Airport® has partnered with Copenhagen Optimization and CLEAR to offer free reservations for TSA Security Checkpoint lines, helping travelers to manage their trips and eliminate uncertainty and stress over how long it will take to wait in line for security. The new pilot program, PHX RESERVE, gives passengers the ability to schedule a specific time to … [More]

GCU and Arizona Partner to Cover 100% of Tuition, Fees, Room and Board for Foster Children

inbusinessPHX.com

Arizona foster children will receive a full scholarship at Grand Canyon University thanks to a first-of-its-kind partnership with the Arizona Department of Child Safety. The Fostering Futures Scholarships college pathway program covers 100% of the costs for tuition, fees, and year-round room and board for qualified Arizona foster children by combining GCU's … [More]

Small Business Digital Alliance Announces National Members and First Slate of Events

U.S. Small Business Administration

The Small Business Digital Alliance (SBDA) announced its national members and a slate of upcoming events. The SBDA is a new public-private co-sponsorship between the U.S. Small Business Administration (SBA) and Business Forward, Inc., a non-profit organization working with small business leaders in support of policies promoting America’s economic competitiveness, focused on … [More]

Arizona Celebrates 110 Years of Statehood

inbusinessPHX.com

"On this day 110 years ago, President William Howard Taft made Arizona the 48th state of the Union. As he signed the Arizona Statehood Bill, President Taft said ‘I hope to see the valleys of the new state teeming with prosperity and afford homes to many thousands of people," Governor Doug Ducey said today in his statement in honor of Arizona Statehood Day. "Eleven decades … [More]

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