With more than $14,479.00 million dollars in grants and additional local government funding sources of $12,997.00 million dollars, the majority of the federal budget in government grants is put into the business sector every year as small businesses and large corporations are the foundation of the economic growth in Arizona. There are 104,191 business establishments in the state of Arizona, and they break down to the following:
Arizona Business Sector Breakdown by Size:
Arizona Business Sector Breakdown in Service Industries:
If you are in the farming industry, you may be eligible to apply for small business grants as well. There are more than 16,000 farms in the state of Arizona.
Starting and managing a small business in Arizona is not an easy task. Over $82,941,093,000.00 US dollars are paid to employee salaries/payroll alone in the state of Arizona and more than 40,677 businesses declare bankruptcy every single year. Although the federal government does not publically provide grants for starting and expanding a business, in Arizona, some small business grants are given to business owners to start and grow their ventures, and grant recipients do not have to pay back the funding from government. Therefore, it makes sense to look into small business grants as one of your sources to fund your business.
To apply for business grants in Arizona, contact Arizona financial aid agencies.
|Recipient||Project, Industry, Purpose||Amount|
|Val Damour Fabrication Inc
|Project: Purchase 2 cnc milling machines to increase production
Industry: Manufacturing, Mining and Energy
|Hall And Stavert Limited
|Project: Acquisition thermal sand reclamation system
Industry: Professional, Scientific and Technical Services
|Project: Purchase crab boat
Industry: Agriculture, Forestry, Fishing and Hunting
|Cluetts Construction Ltd
|Project: For subsidizing the wages of a cement truck driver/ cement plant operator
Industry: Construction/ Professional Trades
Purpose: Wage Support
|Dimension Stone Inc
|Project: Establish two granite quarries
Industry: Information Not Available
Purpose: New Business Startup