VALLEY METRO SMALL BUSINESS FINANCIAL ASSISTANCE PROGRAM
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.
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.
Award Range
$4,500 - $9,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
Exclusions include residential properties, places of worship, schools, banks, hotels, government agencies, utility companies, businesses with significant revenue from alcohol or marijuana sales, sexually-oriented businesses, and unoccupied buildings.
Geographic Eligibility
City of Phoenix
Application Opens
Not specified
Application Closes
Not specified
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