The program was created last summer after Chandler City Council allocated funds received from the Arizona Coronavirus Aid Relief and Economic Security Fund. Approximately $5.5 million is available to support qualifying businesses, according to the city.
Chandler businesses seeking relief funding will be able to submit an application beginning Jan. 7. Businesses can apply based on employee retention/hiring or use of 1099-eligible independent contractors during the COVID-19 pandemic. The deadline to apply is Feb. 25, according to the city.
“Previously this program was able to provide much needed assistance to more than 540 small businesses in our community,” Mayor Kevin Hartke said in a news release. “I am glad to see this successful program continue to support our local businesses through the pandemic to ensure a brighter 2021 for all.”
For employee retention and hiring, the program will provide qualifying applicants with $1,300 per full-time equivalent employee retained or hired since Sept. 30, up to a maximum of $10,000. This part of the program is being administered by the Arizona Community Foundation, and businesses must visit azfoundation.org/icc to apply, according to the city.
Businesses applying based on use of independent contractors must visit chandleraz.gov/icc to download an application. The city of Chandler is administering this part of the program. Qualifying applicants will receive $1,300 for every $40,000 in compensation paid to 1099-eligible independent contractors during 2020, up to a maximum of $10,000, according o the city.
Qualifying businesses can apply for funding support for both employee retention/hiring and the use of independent contractors. However, the maximum amount of funding a business can receive is capped at $10,000. In addition, businesses that were funded through the program in 2020 can submit a new application and receive up to the $10,000 maximum.
To qualify, businesses must meet all of the following criteria:
- be a private, for-profit business located in the city of Chandler;
- have 100 full-time equivalent employees or fewer, including all commonly owned/managed businesses;
- agree to submit required documents verifying employee retention/hiring or compensation paid to 1099-eligible independent contractors;
- not be affiliated with another business under common ownership/management that has applied for the Business Hiring and Retention Program;
- not be a home-based business, meaning the business must own or lease nonresidential property;
- commit to remain in Chandler through Dec. 31 if leasing a property; and
- be a registered business with the city of Chandler.