Federal lifelines from the federal CARES Act are not only aiding small businesses and individuals in Arizona to survive the pandemic, they are helping schools navigate new challenges, as well. In total, Arizona will collect $1.8 billion from the CARES Act. Of that, education is receiving an … [Read more...] about Chamber Business News: CARES Act And Arizona Come Together For Schools In Pandemic
CARES ACT
Arizona Headed For Faster Economic Recovery Than Rest Of Nation
Arizona is positioned for a faster economic recovery than the rest of the nation, and with some strategic moves on the part of state policymakers and citizens, it should jump back to a leading spot within next year or so, according to local economists. “We have the chance for this to be one of the … [Read more...] about Arizona Headed For Faster Economic Recovery Than Rest Of Nation
Is PPP The Right Approach to Keeping Businesses Alive? One Startup’s Research Says No
PPP and other Cares Act funding was released to businesses under the disguise of ‘trying to keep them alive’. This is because governments know that businesses are the touchstones of local economies. They are the source of jobs, commerce, and vital services. However, we keep seeing the … [Read more...] about Is PPP The Right Approach to Keeping Businesses Alive? One Startup’s Research Says No
U.S. Department of Commerce Invests $1.2 Million in CARES Act Funding to Help Small Businesses in Arizona
U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the PPEP Microbusiness and Housing Development Corporation, Tucson, Arizona, to capitalize and administer a Revolving … [Read more...] about U.S. Department of Commerce Invests $1.2 Million in CARES Act Funding to Help Small Businesses in Arizona
McSally Urges Improvement to Small Business Disaster Loan Program
U.S. Senator Martha McSally (R-AZ) and a group of senators are requesting that the Small Business Administration (SBA) expedite the $10,000 Economic Injury Disaster Loan (EIDL) advances urgently needed by Arizona small businesses. In a letter to SBA Administrator Jovita Carranza, the senators … [Read more...] about McSally Urges Improvement to Small Business Disaster Loan Program
Treasury Launches New Tool for State, Local, Tribal Governments to Collect Coronavirus Relief Funding
U.S. Senator Martha McSally (R-AZ) shared the following information regarding a new web tool launched Friday by the Treasury Department to allow state, local, and tribal governments receive funding to help offset the costs of their coronavirus response as part of the Coronavirus Aid, Relief, and … [Read more...] about Treasury Launches New Tool for State, Local, Tribal Governments to Collect Coronavirus Relief Funding
New Assistance Available To Support Arizona Small Businesses
Arizona small businesses adversely impacted by COVID-19 have limited time to benefit from important benefits passed along with the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act. Known as the Paycheck Protection Program, small businesses can apply for 100% federally guaranteed … [Read more...] about New Assistance Available To Support Arizona Small Businesses
