Small Business Grants in Arizona
Arizona's headline grant reopens on September 14. The Innovation Challenge runs two weeks, pays a minimum of $50,000 and takes no equity.

Arizona's headline grant reopens on September 14. The Innovation Challenge runs two weeks, pays a minimum of $50,000 and takes no equity. This round wants SaaS companies already billing $5,000 a month. The FAST Grant follows on September 24 with six awards of up to $3,000 for SBIR proposal work. Exporters can use AZ STEP any day of the year, and a semiconductor startup can put up to $75,000 of ASU laboratory time on the state's tab through the Advanced Manufacturing Facilities match. Firms with five or fewer staff borrow $2,000 to $50,000 from the state Microbusiness Loan Program, which is a loan and 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
Minimum $50,000, no equity taken
Fall 2026 round opens September 14, closes September 28Arizona's largest state business award pays a minimum of $50,000 in non dilutive funding to up to ten startups a round, released after three months of milestones with an ACA Entrepreneur in Residence. The Fall 2026 round is SaaS only and the gate is narrow, incorporated after August 2023, a working product with paying customers, and monthly recurring revenue between $5,000 and $50,000. Semifinalists who lose still get a place on Venture Raise, a twelve week accelerator, which is worth more than the win rate suggests.
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.
Arizona State Trade Expansion Program (AZ STEP)
Arizona Commerce Authority
Varies (reimbursement-based)
Rolling, apply by contacting the ACA trade teamFederally funded through the SBA, AZ STEP pays back what an Arizona small business spends entering a new export market, trade missions, trade shows, export training, website localisation and market entry support. There is no form. You start by contacting the ACA International Trade team, and the Authority publishes no per company cap, so ask for the current one before you budget.
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 servedA semiconductor and hard materials startup gets half price time on ASU Core Facilities, the Advanced Electronics and Photonics lab, NanoFab and the Eyring Materials Center, matched one for one up to $75,000. No cash reaches your account, the money pays your equipment bill. You must be a for profit corporation, LLC or partnership with net assets under $10 million excluding investor capital. Sole proprietors cannot apply. An out of state company may apply if it plans to move part of its operation to Arizona.
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 state funded loan, not a grant, for Arizona businesses with five or fewer employees. You borrow $2,000 to $50,000 from a regional CDFI or nonprofit lending partner, with training attached, and it can cover working capital, equipment, property or refinancing. Two counties still have no dedicated partner, so a Maricopa applicant goes through Growth Partners Arizona and a Pinal applicant 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 choices here and two of them open this month. The Arizona Innovation Challenge awards $50,000 or more and takes no equity, opening September 14 and closing September 28, though this round is SaaS only and wants $5,000 to $50,000 of monthly recurring revenue already. The FAST Grant follows on September 24 with six awards of up to $3,000 for SBIR and STTR prep. A semiconductor or hard materials startup can also match up to $75,000 of ASU Core Facility time, which pays an equipment bill rather than reaching a bank account.
- ›Arizona Innovation Challenge
- ›FAST Grant
- ›AZ Advanced Manufacturing Facilities Grant
Rural Business Grants
Rural firms get advisers and credit rather than grants. The SSBCI technical assistance programme targets underserved and very small businesses, and gives free legal, accounting and financial advisory help toward a loan or a raise. Microbusinesses statewide borrow $2,000 to $50,000 through the state Microbusiness Loan Program. The Arizona Competes Fund sets aside a share for tribal lands and counties outside Maricopa, but it has no application form, so it is not a door a founder can knock on.
- ›SSBCI technical assistance
- ›Microbusiness Loan Program
- ›Arizona SBDC Network
Women-owned Business Grants
Women entrepreneurs in Arizona can access general ACA programs and national grants such as the Amber Grant, which provides $10,000 monthly and a $25,000 annual prize. The Arizona SBDC Network also offers free counseling to women business owners.
- ›Arizona Commerce Authority
- ›Arizona SBDC Network
Minority-owned Business Grants
Underserved small business owners can use the Arizona SSBCI technical assistance programme, which supplies advisers rather than cash and is aimed at getting a business bankable. The federal MBDA also runs programs for minority owned businesses.
- ›SSBCI technical assistance
- ›Minority Business Development Agency
Tips for Applying in Arizona
Increase your chances of approval with these state-specific tips.
- 1Ensure your business is in good standing with the Arizona Corporation Commission before applying to any ACA program. This is a requirement for grant recipients.
- 2The Innovation Challenge gate is narrower than the headline. Fall 2026 takes SaaS companies only, incorporated after August 2023, with a working product, paying customers and monthly recurring revenue between $5,000 and $50,000.
- 3Use the free Arizona SBDC Network advisors at one of 10 community college centers statewide to review your application and business plan before submitting.
- 4Both ACA windows are short. The Innovation Challenge is open September 14 to September 28 and the FAST Grant September 24 to October 19, so a fortnight of drift costs you the round. The FAST spring window runs March 1 to March 19, 2027.
- 5Losing the Innovation Challenge is not the end of it. Semifinalists and finalists who are not selected are placed on Venture Raise, a twelve week accelerator, so the expected value of applying is higher than the ten awards suggest.
State Economic Development Agency
Arizona Commerce Authority (ACA)
The Arizona Commerce Authority is the state's leading economic development organization, providing grants, incentives, and business support programs to attract, expand, and create businesses in Arizona.
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
Three, and two more open this month. AZ STEP reimburses export costs all year, the Advanced Manufacturing Facilities grant matches up to $75,000 of ASU laboratory time first come first served, and the SSBCI technical assistance programme supplies free advisers rather than money. The Innovation Challenge opens on September 14 and shuts on September 28. The FAST Grant opens on September 24 and shuts on October 19.
Yes, with one exception worth knowing. The Advanced Manufacturing Facilities grant accepts a corporation, an LLC or a partnership and excludes sole proprietors, so the entity you file matters there. The Innovation Challenge sets no entity rule but does set a revenue rule, $5,000 to $50,000 of monthly recurring revenue in the current round. The state Microbusiness Loan Program lends to any Arizona business with five or fewer employees, and that money is repayable.
A minimum of $50,000, non dilutive, to up to ten startups a round. It does not land as a cheque on day one. Awardees work three months of milestones with an Arizona Commerce Authority Entrepreneur in Residence and the money is released against that work. Semifinalists and finalists who are not selected are placed on Venture Raise, a twelve week accelerator, which is an unusual consolation and makes applying worth more than the headline odds.
No. It is real money and it is active, but there is no application form, no window and no programme page. The Commerce Authority negotiates each award directly with a large employer moving to or expanding in Arizona. In the January to March 2026 quarter it committed $6 million in two awards, $5 million to Amkor Technology and $1 million to Northrop Grumman. We list it because people search for it by name, and we say plainly that a founder cannot pursue it.
Most of what is genuinely open. The Microbusiness Loan Program lends $2,000 to $50,000 to firms with five or fewer employees through regional CDFI and nonprofit partners, and two counties still lack a dedicated partner, so a Maricopa applicant goes through Growth Partners Arizona and a Pinal applicant through CIC or Groundswell Capital. SSBCI also runs loan guarantees through eleven partner lenders and two equity programmes. None of that is grant money, and all of it has to be paid back or priced in equity.
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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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