The City of Flagstaff Economic Development Department is committed to assisting our local small businesses grow and thrive. Better access to small business lending programs is one way to achieve that objective. Multiple resources are available to small businesses to finance their initial startup costs and future expansion. These include financial resources supported by the U.S. Treasury Department and Arizona Commerce Authority. The Small Business Development Center at Coconino Community … [Read more...] about How to Fund Your Business: Lending Programs Available in Flagstaff
economy
Willard Springs Wildlife Overpass Pumps $15.8 Million into Northern Arizona Economy
Clods of freshly broken ground and the steady beep-beep of trucks backing up signal progress on the Willard Springs Wildlife Overpass, now under construction on I-17, approximately 15 miles south of Flagstaff. The multi-million project, designed to reduce wildlife-vehicle collisions and restore habitat connectivity, is also injecting new energy – and dollars – into the Northern Arizona economy. “This project will pump $15.8 million into the Northern Arizona economy, between wages, material … [Read more...] about Willard Springs Wildlife Overpass Pumps $15.8 Million into Northern Arizona Economy
Arizona Leads Nation In Personal Income Growth
Personal income in Arizona rose last year at a rate faster than nearly any state in the country, according to new estimates from the Bureau of Economic Analysis. With a personal income growth rate of 8.4%, Arizona tied with Montana for the fastest rate of growth in personal income in 2020. “Throughout the pandemic, we’ve sought to stretch and strengthen the social safety net to protect people out of work due to no fault of their own,” said Governor Doug Ducey. “We’ve also adopted a … [Read more...] about Arizona Leads Nation In Personal Income Growth
