ARIZONA NEWS

Arizona makes $5 million more available to help small business recovery

Oct 14, 2021, 2:15 PM | Updated: 2:24 pm
(Photo by Gado/Getty Images)...
(Photo by Gado/Getty Images)
(Photo by Gado/Getty Images)

PHOENIX —  Arizona Gov. Doug Ducey has made $5 million more in funding available to aid small businesses recovering from the COVID-19 pandemic and recent weather-related damages.

The funds are part of Ducey’s Back to Work Small Business Rehiring and Retention Program, which was launched in August to assist small businesses hire and retain employees and to also help recovery from events such as wildfires and flooding.

The additional $5 million will go to businesses that applied for funding from the program but weren’t awarded money in the first allotment of grants.

Businesses that received grants in the first round of $5 million in funding have started receiving money, according to a press release.

“Small businesses are the backbone of Arizona’s economy and we’re dedicated to helping them fully recover,” Ducey said in the release.

“I’m optimistic today’s additional investment will help small businesses around the state bounce back from the countless challenges of this past year and build for the future.”

Selected businesses can receive up to $10,000 in funding.

Eligible Arizona businesses have to be owned and operated in the state, be incorporated before Jan. 1, 2020, rent or lease a physical location in the state and have 5-25 employees on-site.

Businesses in areas impacted by wildfires and floods can have up to 50 employees.

Applications can be sent in here.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Facebook Photo/Phoenix Police Department)...
KTAR.com

Man dies making left turn after driver runs red light in Phoenix

A man was killed in Phoenix on Friday after a driver ran a red light, striking the victim's car in an intersection, authorities said.
1 day ago
(Pexels Photo)...
Kevin Stone

Arizona Gov. Katie Hobbs creates panel to study teacher retention problem

Arizona Gov. Katie Hobbs issued an executive order Thursday aimed at figuring out ways to keep teachers in classrooms.
1 day ago
Protesters march Saturday, Jan. 28, 2023, in Memphis, Tenn., over the death of Tyre Nichols, who di...
Associated Press

6th officer fired after beating death of Tyre Nichols

A sixth Memphis officer was fired Friday after an internal police investigation showed he violated multiple department policies in the violent arrest of Tyre Nichols.
1 day ago
(Photo by John Moore/Getty Images)...
Associated Press

Denver Court throws out Wyoming doctor’s pill convictions

A federal appeals court on Friday threw out the convictions of a doctor accused of overprescribing powerful pain medication and ordered a new trial for him.
1 day ago
(Photo illustration by Tasos Katopodis/Getty Images)...
Associated Press

$700M Powerball prize latest in string of giant jackpots

There is another giant lottery jackpot up for grabs Saturday night, the latest in a string of big prizes enticing players to plunk down $2.
1 day ago
(Pixabay Photo)...
KTAR.com

Missing Arizona girl rescued from basement of sex offender in Utah

A missing Arizona girl was rescued from the basement of a Utah sex offender earlier this week, authorities said Friday.
1 day ago

Sponsored Articles

(Pexels Photo)...

Sports gambling can be fun for adults, but it’s a dangerous game for children

While adults may find that sports gambling is a way to enhance the experience with more than just fandom on the line, it can be a dangerous proposition if children get involved in the activity.
...
Quantum Fiber

How high-speed fiber internet edges out cable for everyday use

In a world where technology drives so much of our daily lives, a lack of high-speed internet can be a major issue.
...
Day & Night Air Conditioning, Heating and Plumbing

Prep the plumbing in your home just in time for the holidays

With the holidays approaching, it's important to know when your home is in need of heating and plumbing updates before more guests start to come around.
Arizona makes $5 million more available to help small business recovery