Business Support
Arizona offers many incentives and programs to encourage business investment in the state. The items below contain some of the most popular; for a complete list of programs that include sales tax exemptions, depreciation programs and more, visit the Arizona Commerce Authority website.
Federal Programs
Rural Jobs and Infrastructure
USDA is announcing $1.1 billion across 104 loan and grant awards to upgrade infrastructure in rural communities that will bring new jobs, clean water and fuel, and reliable electricity to people in nearly every state.
Rural Development Business Programs
Business Programs provide financial backing and technical assistance to stimulate business creation and growth. The programs work through partnerships with public and private community based organizations and financial institutions to provide financial assistance, business development, and technical assistance to rural businesses. These programs help to provide capital, equipment, space, job training, and entrepreneurial skills that can help to start and/or grow a business. Business Programs also support the creation and preservation of quality jobs in rural areas.
Business Industry Loan Guarantees
What does this program do?
This program offers loan guarantees to lenders for their loans to rural businesses.
What lenders may apply for this program?
Lenders need the legal authority, financial strength, and sufficient experience to operate a successful lending program. This includes lenders that are subject to supervision and credit examination by the applicable agency of the United States or a State including:
- Federal and State-chartered banks.
- Savings and loans.
- Farm Credit Banks with direct lending authority.
- Credit unions.
Other non-regulated lending institutions may be approved by the Agency under the criteria of the OneRD Guarantee Loan Initiative regulation.
USDA Arizona Lender List
Rural Business Development Grants in Arizona
What does this program do?
This program is designed to provide technical assistance and training for small rural businesses. Small means that the business has fewer than 50 new workers and less than $1 million in gross revenue.
Who may apply for this program?
Rural public entities including, but not limited to:
- Towns.
- Communities.
- State agencies.
- Authorities
- Nonprofit corporations.
- Institutions of higher education.
- Federally-recognized tribes
- Rural cooperatives (if organized as a private nonprofit corporation).
State Programs
Qualified Facility
The Arizona legislature established the Qualified Facility tax credit to encourage business investment to produce high-quality employment opportunities and enhance Arizona’s position as a center for corporate headquarters, commercial research, and manufacturing. The Arizona Commerce Authority may authorize up to $125 million per calendar year in tax credits to qualified companies through December 2030.
Local Programs
Facade Improvement Program
The Facade Improvement Program is a Small Business Recovery Program established by the City of Kingman Economic Development Department to encourage the beautification of Kingman’s commercial buildings. Application forms may be submitted at any time for review monthly, with funds awarded until they are expended. For more information or to schedule a required pre-application meeting, contact Monica Murphy, Grants Administrator at (928) 753-8159 or [email protected].
Interactive Murals Program
The Murals Program is a Small Business Incentive Program established by the City of Kingman Economic Development Department to encourage the beautification of Kingman’s commercial buildings in the downtown project boundary area. This is the first year that this program has been launched and the project boundaries may expand in the future. Application forms may be submitted at any time for review monthly, with funds awarded until they are expended. For more information or to schedule a required pre-application meeting, contact Monica Murphy, Grants Administrator at (928) 753-8159 or [email protected].
Tourism Initiative Grant
City of Kingman Reopens Tourism Initiative Grant Program for Nonprofit Organizations -The City of Kingman is reopening the Tourism Initiative Grant Program, a new opportunity to support nonprofit-led projects that boost tourism and drive economic growth. Eligible 501(c) nonprofits based in Kingman can apply for reimbursement-based funding for improvements that enhance the visitor experience, such as restoring historic buildings, upgrading accessibility, or improving public-facing facilities and infrastructure.
A total of $25,000 in annual funding is available. Projects must directly support tourism by attracting visitors, encouraging longer stays, or elevating Kingman’s cultural and historical appeal. Each grant requires a 50% match, with preference given to applications that exceed the minimum match or include valuable in-kind contributions. Total project costs however must not exceed $50,000 or require a formal solicitation process. Submitted projects must be new and may not begin prior to receiving grant approval in order to receive funding.
Applications will be accepted November 3 through November 28, 2025, with awards anticipated to be announced the end of December 2025. All funding will be provided on a reimbursement basis, and projects must be completed and the attraction or amenity must be currently open for public use by December 31, 2026. Final award recommendations are subject to City Council approval before applicants receive authorization to proceed.
To apply, organizations must first schedule a pre-application meeting with the City’s Grants Administrator, Monica Murphy. She can be reached by calling 928-753-8159. This step is required prior to submitting a completed application. Applications can be submitted either by email to [email protected] or delivered to her office at 310 N. 4th Street, Kingman, AZ 86401.
The grant guidelines are available on the City of Kingman Economic Development website,
ChooseKingman.com or by request from the Grants Administrator. Interested applicants are encouraged to contact the Grants Administrator to begin the process early to ensure eligibility and timely submission.