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State Grant Guide

Small Business Grants in Arizona

Arizona's headline grant reopens on September 14. The Innovation Challenge runs two weeks, pays $100,000 and takes no stake, and this round is for software as a service firms only.

2 state grants open$100,000 from the Innovation ChallengeUpdated September 11, 2026
Richard Moore
Written byRichard Moore
Senior Finance & Banking Editor

Arizona's headline grant reopens on September 14. The Innovation Challenge runs two weeks, pays $100,000 and takes no stake, and this round is for software as a service firms only. Two full time staff is the entry bar, so a solo founder is out, and so is a sole trader. The FAST Grant follows on September 24 with six awards of up to $3,000 for SBIR prep. Exporters can use AZ STEP any day of the year. A chip startup can put up to $75,000 of ASU lab time on the state tab. Firms with five or fewer staff borrow $2,000 to $50,000 from the state Microbusiness Loan Program, and that is a loan, not a grant.

Which Arizona grants fit your business?

Answer 7 quick questions and we sort the 11 programs on this page into likely fits and long shots. Nothing personal is asked or stored, and final eligibility is always decided by the granting agency.

Arizona Small Business Grant Programs

State-administered funding programs available to Arizona small businesses. Verify deadlines directly with the granting agency before applying.

FeaturedNot open yet

Arizona Innovation Challenge (AIC)

Arizona Commerce Authority

$100,000, no equity taken

Deadline Sep 28, 2026

Arizona's largest state business award pays $100,000 in non dilutive funding, released against three months of milestones with an ACA-designated partner. The Fall 2026 round takes software as a service companies only. The standing eligibility bar is narrower than most founders expect. You need at least two full time non-administrative staff, so a solo founder cannot enter, and a sole proprietorship is excluded whatever its size. The caps are 29 employees and $10 million in net assets. Roughly 25 applicants reach the semifinals. Being pre-revenue does not disqualify you, the rule is that revenue should be likely within twelve months of funding.

Technology/InnovationStartups with 2-29 employees
Apply / Learn More

Arizona State Trade Expansion Program (AZ STEP)

Arizona Commerce Authority

No award figure published, the state funds the activity

Rolling, apply by contacting the ACA trade team

Read this one as a place on a trip rather than a cheque. The Arizona Commerce Authority runs AZ STEP with the Small Business Administration to get Arizona firms exporting for the first time or into a new market, and what it funds is the activity, international trade shows and expos, business to business and business to government meetings and trade missions, ExporTech training and go to market work, United States Commercial Service help, and translating your website for a foreign market. There is no form, no window and no published award size. You start by contacting the ACA international trade team and they tell you what is running.

Small businesses meeting SBA size standardsExport-focused businesses
Apply / Learn More
Not open yet

Federal and State Technology (FAST) Grant

Arizona Commerce Authority

Up to $3,000, six awards per round

Deadline Oct 19, 2026

Money and training to help an Arizona business write a stronger SBIR or STTR proposal. Six applicants a round receive up to $3,000 each. You must meet SBIR eligibility, so a for profit US business, majority owned by citizens or permanent residents, under 500 employees including affiliates. The spring 2027 round runs March 1 to March 19.

Technology/InnovationArizona-based businesses
Apply / Learn More

Arizona Advanced Manufacturing Facilities (AMF) Grant

Arizona Commerce Authority / Arizona State University

Up to $75,000 as a 1 to 1 match on ASU facility time

Rolling, first come first served

Not cash, and not for most companies. The Advanced Manufacturing Facilities grant is an Arizona Commerce Authority partnership with Arizona State University that matches your spending on ASU Core Facility time one for one, up to $75,000, so it halves the cost of using equipment you could not otherwise afford. It is aimed squarely at semiconductor and hard materials startups that do not already use those facilities, or use them lightly, and the three relevant labs are Advanced Electronics and Photonics, NanoFab and the Eyring Materials Center. Money goes first come, first served, and a panel scores applications against the published eligibility guidelines. Read those before you apply.

Semiconductor startupsHard materials startups2-29 employees
Apply / Learn More
Not business facing

Arizona Competes Fund

Arizona Commerce Authority

Negotiated per deal, $1M to $5M in the last reported quarter

No public application, awarded at ACA discretion

A deal closing fund the Arizona Commerce Authority negotiates directly with large employers relocating to or expanding in the state. There is no application form and no window. In the January to March 2026 quarter it committed $6 million across two awards, $5 million to Amkor Technology against 1,319 jobs and $1.227 billion of capital investment, and $1 million to Northrop Grumman. Statute reserves a share for rural, tribal and microenterprise projects, but that share has historically gone to intermediary programmes rather than to individual businesses.

Small businessesRural businessesMicroenterprises
Apply / Learn More
Technical assistance

SSBCI Small Business Opportunity Program (SBOP)

Arizona Commerce Authority / U.S. Department of Treasury

Free advisory services, no cash award

Rolling

Free legal, accounting and financial advisory help for very small and underserved Arizona businesses getting ready to borrow or raise. The Commerce Authority is blunt about what this is, its own page says the SSBCI programme is not a grant programme. You receive advisers, never money. The capital it prepares you for sits in three separate places, the Arizona Loan Guarantee Program through eleven partner lenders, Arizona Venture Co Invest, and the multi fund venture programme.

Underserved businessesVery small businessesRural and mining communities
Apply / Learn More
Loan

Arizona Microbusiness Loan Program

Arizona Office of Economic Opportunity

$2,000 to $50,000 (loan)

Rolling

A loan, not a grant, and you borrow from a local lender rather than from the state. Arizona has set aside $5 million for firms with fewer than five staff, lent out at $2,000 to $50,000 a business through community development financial institutions and nonprofit lending partners around the state. You may use it for running the business and creating or keeping jobs, for working capital, for buying or improving property, for machinery and equipment, and for refinancing existing debt. The gap worth knowing about is geographic. The Office of Economic Opportunity has still not appointed a dedicated lender for Maricopa or Pinal counties, so a Phoenix business applies through Growth Partners Arizona and a Pinal business through CIC or Groundswell Capital.

Businesses with 5 or fewer employeesArizona-based microbusinesses
Apply / Learn More

Federal Grant Programs

These federal programs are available to small businesses in every state.

Loan

SBA 7(a) Loan Program

Up to $5,000,000

The SBA's primary lending program guarantees loans through participating lenders. This is a loan, not a grant. But the terms favor small businesses that may not qualify for conventional financing.

Learn more
Loan

SBA Microloan Program

Up to $50,000

Loans up to $50,000, not grants. You borrow from a nonprofit lender near you, not from the SBA itself. The money can cover working capital, inventory, supplies or equipment. Most people get far less than the cap. The average microloan is about $13,000.

Learn more
Not confirmed

SBIR/STTR Grants

Phase I up to $323,090, Phase II up to $2,153,927

Competitive federal grants for small businesses doing research and development with commercial potential. Eleven federal agencies take part. Phase I funds proof of concept. Phase II funds full development.

Learn more
Technical assistance

Minority Business Development Agency (MBDA) Programs

Varies by program

Help for minority owned businesses that need capital, contracts or new markets. MBDA runs business centers around the country. They give advice, help with bids, and point you toward lenders.

Learn more

Get Grant-Ready

Before you apply, most Arizona grant programs expect these basics to be in place.

1

Form your business entity

Most Arizona grant programs require applicants to be a registered LLC, corporation, or nonprofit. If you haven't formed yet, that's the first step.

NO logo

$39 + state fee. Includes registered agent, business address, and more.

Form Your LLC with Northwest
2

Get your EIN

An Employer Identification Number is free from the IRS and required on nearly every grant application. You can apply online and receive it immediately.

IR logo

Free from the IRS. Takes about 5 minutes online.

Read Our EIN Guide
3

Open a business bank account

Grant funds need to go into a dedicated business account, not your personal checking. Most agencies will ask for your banking details on the application.

ME logo

Business checking with no monthly fee on the base plan, built for startups.

Open a Mercury Account

Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.

Grants by Business Type

Targeted programs for specific business owners in Arizona.

Technology/Innovation Business Grants

Tech startups have the most to go at, and two doors open this month. The Innovation Challenge pays $100,000 and takes no stake. It opens on September 14 and shuts on September 28, and this round is for software as a service firms only. You need at least two full time staff and no more than 29. The FAST Grant follows on September 24 with six awards of up to $3,000 for SBIR and STTR prep. A chip or hard materials startup can also match up to $75,000 of ASU lab time, which pays a kit bill rather than reaching your bank.

  • Arizona Innovation Challenge
  • FAST Grant
  • AZ Advanced Manufacturing Facilities Grant

Rural Business Grants

Rural firms get advice and credit here, not grants. The SSBCI scheme is aimed at very small firms. It buys you free legal, tax and money advice to get ready for a loan. A firm with five or fewer staff can borrow $2,000 to $50,000 from the state Microbusiness Loan Program. The Competes Fund holds back a share for tribal land and for counties outside Maricopa, but there is no form to fill in, so it is not a door you can knock on.

  • SSBCI technical assistance
  • Microbusiness Loan Program
  • Arizona SBDC Network

Women-owned Business Grants

Arizona runs no state grant for women only, so the open doors are the general ones on this page. WomensNet gives out three $10,000 Amber Grants a month, and three of those winners take a further $50,000 at the end of the year. The Arizona SBDC coaches women founders at no cost, which is advice rather than money.

  • Arizona Commerce Authority
  • Arizona SBDC Network

Minority-owned Business Grants

Arizona runs no state grant for minority owned firms either. The SSBCI scheme is the state's offer. It buys you legal, tax and money help to get the books ready for a lender, and it hands over no cash. The federal MBDA runs business centres that help with bids and contacts, again not a cheque.

  • SSBCI technical assistance
  • Minority Business Development Agency

Tips for Applying in Arizona

Increase your chances of approval with these state-specific tips.

  • 1Check you are in good standing with the Arizona Corporation Commission first. Every ACA program asks for it, and a lapsed filing is the thing that stops a form on the last day.
  • 2The Innovation Challenge gate is narrower than the headline. Fall 2026 takes software as a service firms only. You need at least two full time staff who are not admin, no more than 29 in all, and under $10 million in net assets. A sole trader cannot enter. Having no revenue yet does not rule you out.
  • 3Take your plan to an Arizona SBDC adviser first. There are ten centres in community colleges across the state and the help is free.
  • 4Both ACA windows are short. The Innovation Challenge runs September 14 to 28 and the FAST Grant September 24 to October 19, so two weeks of drift costs you the round. The next FAST window is March 1 to 19, 2027.
  • 5Losing the Innovation Challenge is not wasted time. Every firm that enters gets scores and written notes on its plan from the judges, and about 25 reach the semifinals.

State Economic Development Agency

Arizona Commerce Authority (ACA)

The Arizona Commerce Authority runs almost everything on this page. It handles the grants, the tax breaks and the export help. It is the office to ring when a window is about to open.

Funding While You Wait

Grant applications in Arizona can take weeks or months to process. These options can bridge the gap.

Grants in Other States

All state grant guides

Frequently Asked Questions

AZ STEP takes exporters all year, and the state pays for the trade show or the trade mission rather than sending you a cheque. The ASU facilities match covers up to $75,000 of lab time, first come first served. The SSBCI scheme gives free advisers, not money. Two more open this month, the Innovation Challenge on September 14 and the FAST Grant on September 24.

Yes, and on two of them the entity you filed matters. The ASU facilities match takes a corporation, an LLC or a partnership and shuts out sole traders. The Innovation Challenge does the same, and it also wants at least two full time staff who are not admin, so a one person LLC cannot enter. The state Microbusiness Loan Program lends to any Arizona firm with five or fewer staff, and you pay that back.

$100,000, and the state takes no stake. It does not land as a cheque on day one. Winners work three months of milestones with a partner the state names, and the money comes out against that work. About 25 firms reach the semifinals each round, and this round names its winners on November 4, 2026. A firm that has won before cannot win again.

No. The money is real and the fund is live. There is no form, no window and no page to read. The state strikes each deal itself with a big employer moving here or growing here. In the first three months of 2026 it put up $6 million in two deals, $5 million to Amkor and $1 million to Northrop Grumman. We list it because people search for it by name, and we say plainly that you cannot chase it.

Most of what is truly open. The Microbusiness Loan Program lends $2,000 to $50,000 to firms with five or fewer staff. You borrow from a local lender, not from the state. Two counties still have no lender of their own, so a Maricopa firm goes to Growth Partners Arizona and a Pinal firm to CIC or Groundswell Capital. SSBCI backs loans through eleven lenders and runs two equity funds. None of it is grant money. You pay it back or you give up a stake.

Usually yes. The IRS says a government grant to a business generally is not excluded from gross income, so it is taxable. Plan for the Innovation Challenge $100,000 in particular. It pays against milestones rather than against a bill you have already met, so there is no cost to set against it. That is not a rule, so ask your accountant. Borrowed money is different, a loan is not income when you take it.

About the Author

Richard Moore

Senior Finance & Banking Editor

Richard is the veteran anchor of the site's financial content. Raised in the Midwest and starting his career in Chicago's commercial banking sector, he spent over a decade underwriting small business loans before moving into financial journalism. He doesn't get swept up in startup hype; he cares about unit economics, APYs, and fee structures.

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Financial Information Disclaimer

Grant programs change frequently. Deadlines, eligibility requirements, and funding amounts listed here may be outdated. Always verify information directly with the granting agency before applying. This page is for informational purposes only and does not constitute financial or legal advice.

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