The Arizona Department of Economic Security (DES) announced today it has received $16.5 million and $8.1 million in additional CARES Act funding from the U.S. Department of Health and Human Services for the Low-Income Home Energy Assistance Program (LIHEAP) and the Community Services Block Grant (CSBG), respectively. “Additional funding for these programs is crucial, … [More]
You are here: Home / Archives for Stimulus
$24.6M in Additional CARES Act Funding to Assist Low-Income Arizonans Impacted by COVID-19
Arizona Department of Economic Security
New Polls: Minorities Struggle to Secure PPP Loans
Alignable.com
Alignable.com, the largest online referral network for small businesses, has just compiled the results of several recent polls on the Paycheck Protection Program that show it has fallen short for many small-business owners. Some of the hardest hit include companies owned by minorities and minority women, as well as small-business people just starting as … [More]
Nearly $600 Million in Local Coronavirus Relief Funds to be Disbursed
State of Arizona Office of the Governor
Nearly $600 million in coronavirus relief and recovery dollars for local Arizona governments and nonprofits as part of a funding plan was announced today by Governor Doug Ducey. The plan includes $441 million in direct, flexible funding to local cities, towns and counties that did not receive direct funding earlier this year from the federal government. In addition, local … [More]
What You Need to Know About PPP Loan Forgiveness Application
by Edgar R. Olivo
Borrowers of the PPP Program now have guidance on how to apply for loan forgiveness, thanks to the new instructions released on May 15, 2020, by the Small Business Administration (SBA) and the Department of the Treasury. If you borrowed from this program, here are some tips you need to know in order to submit for forgiveness. The published PPP Loan Forgiveness application is … [More]
Phoenix-Based Bank Donates $150,000 to AZ Coronavirus Relief Fund
State of Arizona Office of the Governor
Western Alliance Bank has donated $150,000 to the AZ Coronavirus Relief Fund, supporting Arizona’s medical professionals and families in need. The fund has received more than $8.2 million in donations, which will be used to help mitigate the medical and economic impact of COVID-19 in Arizona. “Arizona’s business community continues to step up to provide aid where it’s … [More]
Phoenix Grants $14M for Small and Micro Businesses and Restaurants
City of Phoenix
The city of Phoenix is helping its small businesses, microbusinesses and restaurants to the tune of $14 million. With a new round of grants, the mayor and council are directing a portion of the city’s federal CARES Act funding into the hands of struggling Phoenix businesses through the Phoenix Small Business Resiliency Grants Program. The Resiliency grants include a second … [More]
$500,000 to Further Expand Child Care through Arizona Relief Fund
State of Arizona Office of the Governor
$500,000 from the AZ Coronavirus Relief Fund has been allocated to organizations that provide out-of-school child care in the state. The funding will support extended hours and enrichment programs to meet the increased demand of child care for families while students distance learn and parents or guardians work. The organizations will continue to support students in their … [More]
Valley Health Insurance Co. Commits $5M to Nonprofit to Assist Small Businesses
Blue Cross Blue Shield of Arizona
Blue Cross Blue Shield of Arizona (BCBSAZ) is committing $5 million to Chicanos Por La Causa (CPLC) to provide loans through their lending division Prestamos CDFI (Prestamos) to assist Arizona small business owners whose businesses have been economically impacted by the COVID-19 pandemic. This collaboration will help CPLC distribute loans to small business owners through the … [More]
SRP Donates $100,000 to Support Arizonans in Need, Frontline Medical Professionals
State of Arizona Office of the Governor
Salt River Project (SRP) has donated $100,000 to the AZ Coronavirus Relief Fund, supporting frontline workers and efforts to mitigate the medical and economic impact of COVID-19 in Arizona. To date, the fund has received more than $8.2 million in donations. “Arizonans continue to step up and support each other during COVID-19,” said Governor Ducey. “Medical professionals, … [More]
$300,000 to Support Seniors, Individuals with Medical Needs
State of Arizona Office of the Governor
$300,000 in funding from the AZ Coronavirus Relief Fund has been allocated to organizations across the state that support senior citizens, the homebound and those who are medically fragile. The funding will support organizations that have provided much needed aid to vulnerable populations impacted by COVID-19, by assisting with grocery shopping, meal deliveries, transportation … [More]
Arizona Enrichment Centers to Offer Child Care to Grocery Store, Food Bank Employees
State of Arizona Office of the Governor
The Arizona Enrichment Centers Program will expand to offer prioritized child care for the children of grocery store employees and food bank workers. Enrichment Centers have already been providing child care for first responders, critical health care workers and essential public sector workers serving others as Arizona works to slow the spread of COVID-19. The program will also … [More]
Local First Arizona Raises Over $1 Million in Grants for Arizona’s Smallest Businesses
Local First Arizona
In just one month, Local First Arizona was able to raise over one million dollars through the Small Business Relief Fund, providing immediate aid to 400 microenterprises thanks to the outpouring support from Arizona’s largest businesses and community nonprofits. LFA predicted federal help would be slow to trickle in and “unbankable” businesses would be left in the dust in the … [More]
$500,000 for Arizona Food Banks to Fight Hunger
Rick McCartney
With Arizona food banks experiencing a spike in demand, Governor Doug Ducey announced a $500,000 grant from the AZ Coronavirus Relief Fund for Arizona food banks to help fight hunger. Member organizations that are part of the Association of Arizona Food Banks/Arizona Food Bank, which is receiving the grant, supply a network of nearly 1,000 food pantries and organizations in all … [More]
Business Philanthropy Group Offers $50,000 Grant through Innovation Pitch Competition
Greater Phoenix Economic Council
Nonprofits and early-stage businesses in Greater Phoenix that have pivoted to address COVID-19 are encouraged to apply for a $50,000 grant provided by the Pakis Center for Business Philanthropy at the Arizona Community Foundation. A selection committee will determine the final four companies. These businesses will then be invited to participate in a digital pitch competition on … [More]
Big Strides to Fix PPP, More Support Needed for Long Term
by Amanda Ballantyne.
On the release of the Congressional House Democrat's Health and Economic Recovery Omnibus Emergency Stimulus Act (HEROES Act) today, small business will feel some level of relief. We applaud Congressional House Democrats for their leadership as the COVID-19 crisis continues to wreak havoc on our public health and economy. The HEROES Act takes strides to fix problems in … [More]
AZ Local Impact Fund Raises $60,000, Grants Awarded to Four Local Businesses
AZ Local Impact Fund
The AZ Local Impact Fund today announced it has raised a total of $60,000, and the funds will be divided equally among four Arizona businesses in order to provide financial support during COVID-19 pandemic. The recipients are Integrative Touch for Kids (ITK), Blue Willo Catering, Armored Outdoor Gear and a trucking repair company that wishes to stay anonymous. The fund was led … [More]
More Than $8 Million Donated for Arizona Coronavirus Relief Efforts
State of Arizona Office of the Governor
More than $8.2 million has been donated to the AZ Coronavirus Relief Fund to support COVID-19 relief efforts. The fund was established as part of the Arizona Together Initiative, supporting Arizonans during the COVID-19 outbreak and connecting individuals and businesses to needed resources. More than $175,000 of the total donation amount is from private citizens. … [More]
Contributions Assist in Initial Main St. Matters Grant Program Launched to Help Small Business
Rick McCartney
In times of uncertainty, working together for a common cause will have an impact. Better Business Bureau Serving the Pacific Southwest recognized the immediate need to support small businesses during the current crisis and called upon local partners to support their mission. With generous donations from Desert Financial Credit Union and Optima Tax Relief, BBB Pacific Southwest … [More]
