ATTENTION: CITY OF SOUTH TUCSON BUSINESS OWNERS THE CITY OF TUCSON CITY COUNCIL HAS RECENTLY AUTHORIZED THE WE ARE ONE/ SOMOS UNO RESILIENCY FUND SMALL BUSINESS DIRECT LOAN PROGRAM
Attention: City of South Tucson Business Owners
The Tucson City Council has recently authorized the We Are One/ Somos Uno Resiliency Fund small business direct loan program.
We are happy to announce that City of South Tucson small business owners are eligible to apply!
This fund is responding to demand for financial assistance from businesses reeling from the economic impact of the COVID-19 pandemic. This fund is administered by Business Development Finance Corporation (BDFC) and you can find information and an application at -- https://www.bdfc.com/tucson/. See attached flyer for more information.
We Are One | Somos Uno Resiliency Fund
Small Business and Nonprofit Continuity Grants Open July 31
(Tucson, AZ - ) As part of the City of Tucson’s CARES Act funds, Mayor and Council approved $2.5 million for small businesses and nonprofits. Under the We Are One | Somos Uno Resiliency Fund, the grant program will distribute $2 million to small businesses and $500,000 to nonprofits. In partnership with the YWCA of Southern Arizona (YWCA) and the Community Foundation for Southern Arizona (CFSA), the grant program will start accepting applications Friday, July 31, 2020.
“Our City’s small, local businesses have been greatly impacted by the pandemic,” said Mayor Regina Romero. “Similarly, nonprofit organizations that do so much for our community have had to adjust to operating with limited resources. These grants provide the initial support our community needs to help propel local economic recovery.”
The YWCA’s Women’s Business Center will administer the small business continuity grants to be awarded up to $10,000. Applications are available in English and Spanish and grants will be awarded within 10 business days of application submission. Small businesses within Tucson’s city limits can apply at ywcatucson.org.
"The livelihoods of many families have been impacted by the effects of COVID-19 on small businesses,” said YWCA President/CEO Magdalena Verdugo. “As we work with the City of Tucson to help our small business community, we remain committed to a fair allocation process and the equitable dispersion of grant funds to reflect the diversity of our city.”
Similarly, nonprofit continuity grants up to $20,000 will be administered through the Community Foundation of Southern Arizona. Nonprofits in Tucson and the City of South Tucson can apply. Due to reporting requirements, a new application process will be in place. Visit cfsaz.org for grant requirements.
“The impact of COVID-19 on the nonprofit community is unprecedented. It has affected the capacity and sustainability of every nonprofit - from education to the environment, affordable housing to mental health services, animal welfare to the arts,” shared Clint Mabie, President and CEO of the Community Foundation for Southern Arizona. “We are grateful for the opportunity to partner with the City of Tucson to bring much needed support to nonprofit organizations that have been affected by COVID-19.”
“These grants will provide our small businesses and nonprofits with the funding they need to continue navigating through this pandemic,” said Barbra Coffee, Director of Economic Initiatives for the City of Tucson. “This is one more way we can support local business and nonprofit organizations in the hopes that they can survive this challenging time and keep their doors open to continue providing valuable goods and services to the community.”
Small Business Continuity Grants
Open: Friday, July 31, 2020
Close: Friday, August 28, 2020
Nonprofit Continuity Grants
Open: Friday, July 31, 2020
Close: Friday, August 28, 2020
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To learn more about the City of Tucson’s We Are One | Somos Uno Resiliency Fund or to request an interview with Mayor Regina Romero, please contact Communications Director Myriam Cruz at myriam.cruz@tucsonaz.gov or
602-748-9838.
Myriam Cruz
Communications Director
Mayor Regina Romero | City of Tucson
(o) 520-837-4262 | (c) 602-748-9838
255 W. Alameda St., Tucson, AZ 85701
