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.

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.
Arizona Innovation Challenge (AIC)
Arizona Commerce Authority
$100,000, no equity taken
Deadline Sep 28, 2026Arizona'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.
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 teamRead 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.
Federal and State Technology (FAST) Grant
Arizona Commerce Authority
Up to $3,000, six awards per round
Deadline Oct 19, 2026Money 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.
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 servedNot 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.
Arizona Competes Fund
Arizona Commerce Authority
Negotiated per deal, $1M to $5M in the last reported quarter
No public application, awarded at ACA discretionA 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.
SSBCI Small Business Opportunity Program (SBOP)
Arizona Commerce Authority / U.S. Department of Treasury
Free advisory services, no cash award
RollingFree 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.
Arizona Microbusiness Loan Program
Arizona Office of Economic Opportunity
$2,000 to $50,000 (loan)
RollingA 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.
Federal Grant Programs
These federal programs are available to small businesses in every state.
SBA 7(a) Loan Program
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 moreSBA Microloan Program
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 moreSBIR/STTR Grants
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 moreMinority Business Development Agency (MBDA) Programs
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 moreGet Grant-Ready
Before you apply, most Arizona grant programs expect these basics to be in place.
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.
$39 + state fee. Includes registered agent, business address, and more.
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.
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.
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 guidesFrequently 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

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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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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