VALLEY METRO SMALL BUSINESS FINANCIAL ASSISTANCE PROGRAM

$4,500 - $9,000
Applications Due: Rolling
Private
Prestamos CDFI

This program provides financial assistance to small businesses in Phoenix that have experienced significant revenue loss due to nearby construction activities, helping cover essential operational costs.

Description

The Valley Metro Small Business Financial Assistance Program Pilot offers financial aid to eligible small businesses adversely affected by construction activities in specific locations within Phoenix. The program provides two funding tiers: Tier I offers $4,500, while Tier II offers up to $9,000 for businesses demonstrating a significant loss of revenue due to construction. Eligibility criteria include location requirements, business size and revenue limitations, and specific types of businesses excluded such as banks, hotels, and certain adult entertainment establishments. The program aims to support operational costs such as utilities, rent, and payroll, and requires businesses to be operational prior to June 19, 2020.

Eligibility

States
Arizona
Regions
City of Phoenix
Eligible Entities
Small businesses, For profit organizations other than small businesses

Funding

Program Funding
Award Ceiling
$9,000
Award Floor
$4,500
Award Count

Timing

Posted Date
May 02, 2024
App Status
Accepting Applications
Pre-app Deadline
Application Deadline

Funder

Funding Source
Source Type
Private
Contact Name
Martin Cordova
Contact Email
Contact Phone

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