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Find similar grantsArizona Competes Fund is sponsored by Arizona Commerce Authority. Provides grants for attracting, expanding, or retaining Arizona basic enterprises and supporting programs for microenterprises, rural businesses, and small businesses.
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Business Incentives | Fountain Hills, AZ - Official Website Create a Website Account - Manage notification subscriptions, save form progress and more. Available Sites and Buildings In today's fast paced business world, the climate is always changing. The Town of Fountain Hills benefits from significant pro-business programs at the state level.
The following information describes some of these programs and incentives the Arizona Commerce Authority (ACA) offers: Arizona Competes Fund: An annual state-wide deal closing fund of $25 million. A portion is available to qualified organizations achieving performance measures that stimulate and promote industries that provide stable, high-wage jobs.
Additional Depreciation: To encourage new capital investment, Arizona provides accelerated depreciation schedules for commercial personal property. Depreciation schedules for most equipment classes provide for depreciation down to 2. 5% of original value, thus virtually eliminating the tax liability.
Qualified Facility Tax Credit: To stimulate the creation and expansion of manufacturing facilities, including manufacturing-related R&D and headquarters facilities, the state provides refundable income tax credits to companies who expand or locate a Qualified Facility in Arizona.
Firms must make a capital investment of at least $250,000 and devote 80% of the property and payroll to manufacturing, manufacturing-related R&D, or headquarters. At least 51% of net new full-time positions must pay the state’s annual median production wage, firms must pay 65% of the health insurance premiums for full-time positions.
Credits are equal to the lesser of 10% of qualifying capital investment or $20,000 per net new job at the facility with a maximum award amount of $30 million per taxpayer per year. Quality Jobs: The Quality Jobs program offers up to $9,000 of Arizona income or premium tax credits spread over three years for each net new quality job.
Businesses locating in Maricopa County must make a minimum capital investment of $1 million and create at least five quality jobs to qualify. Research and Development: Partially refundable income tax credits are available for investment in R&D activities conducted in Arizona. The income tax credit starts at 24% of the qualified R&D expenses for amounts in excess of expenditures from the previous year up to $2.
5 million. The tax credit goes up to 34% if increased R&D expenses are made in conjunction with an Arizona public university. State Trade and Export Program: The State Trade and Export Program (STEP) offers various types of technical assistance/capacity building and financial assistance to Arizona small businesses as they go global for the first time with their sales or enter new international markets.
Transaction Privilege and Use Tax Exemption: Sales of machinery and equipment used directly in manufacturing operation and computer data centers are exempt from the state transaction privilege and use tax. Computer data centers are subject to capital investment requirements in order to exempt qualified purchases. For more information, visit the Arizona Commerce Authority website at azcommerce.
com . Government Websites by CivicPlus®
Based on current listing details, eligibility includes: Businesses and programs enhancing economic development in Arizona. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Varies Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.
Small Business Innovation Research and Small Business Technology Transfer Programs Phase I is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs support small businesses in creating innovative, disruptive technologies with commercial potential or societal benefit, including projects dealing with agriculturally-related manufacturing and alternative and renewable energy technologies. Specialty tubing could be relevant for agricultural equipment or renewable energy systems.