State Forty Eight Foundation is committed to helping entrepreneurs get their ideas off the ground and into our communities.
2023 GRANT AWARDS
2025 Grant Awards
$50,000 in grant funding awarded
8 Arizona-based small businesses supported
50% of funded businesses were women-owned or co-owned and/or owned by BIPOC founders
Use of Funds: In 2025, grant funding is supporting business growth and expanded community impact through investments in equipment and technology, space and infrastructure, workforce development, and operational systems.
2023 GRANT AWARDS
2024 Grant Awards
$50,000 in grant funding awarded
8 Arizona-based small businesses supported
50% of funded businesses were women-owned or co-owned and/or owned by BIPOC founders
Use of Funds: In 2024, grant funding primarily supported long-term capacity building through investments in facilities and infrastructure, equipment and inventory, marketing and digital growth, and professional services that strengthen business operations.
2023 GRANT AWARDS
2023 Grant Awards
Awarded $50,000 in grant awards
Supported 16 Arizona businesses
12 of the businesses were women-owned or co-owned
Approximately half of the businesses that received grant awards were owned by BIPOC individuals.
2023 GRANT AWARDS
2022 Grant Awards
Awarded $25,000 in grant awards
Supported 9 Arizona businesses
Most of the grant funding was allocated to marketing expenses or equipment needs.
6 of the businesses funded were women-owned or co-owned
2023 GRANT AWARDS
2021 Grant Awards
Awarded $12,500 in grant awards
Supported 13 Arizona businesses
8 of the businesses funded were women-owned or co-owned
More than half of the businesses that received grant awards were owned by BIPOC individuals.