Tempe small businesses and nonprofits can get financial assistance through two new programs.
The city is offering $1.1 million in grants to bolster businesses facing slow sales in the new coronavirus pandemic. Another $500,000 was set aside to help nonprofits serving vulnerable residents.
Funding for both programs comes from Tempe’s cut of federal coronavirus aid. The city is using $8.2 million of the $22.5 million it received for business assistance, nonprofit aid, housing, child care assistance, counseling and to purchase protective gear and cleaning supplies.
Business grant to retain staff
Tempe businesses with 100 or fewer employees can apply for up to $10,000 in funding to help keep employees on staff.
The Tempe Small Business Grant Program is aimed at helping businesses in industries most impacted by mandated closures and restrictions related to the pandemic. It’s the first business grant program the city has offered, although Tempe partnered this spring with Desert…