Small Businesses Invited to Apply for Business Retention and Expansion Incentive
Flagstaff, AZ — Small businesses are being encouraged to apply for the Business Retention and Expansion Incentive program, offering financial assistance to support local job growth.
"This initiative is a testament to our commitment to fostering a strong and vibrant business community," said [quoted text not provided]. "By providing these incentives, we aim to encourage existing businesses to thrive, expand, and contribute to the economic prosperity of Flagstaff."
The program offers financial rewards for businesses that meet specific criteria, including:
- Retaining employees during the COVID-19 pandemic.
- Expanding operations within Flagstaff.
- Creating new jobs for the community.
Eligible businesses can receive incentives up to $50,000 per project, depending on the number of new or retained jobs.