Small businesses in the city of Phoenix play an important role in the local economy because they offer opportunities and employment while also contributing to the history and culture of their respective neighborhoods. They account for over 90% of businesses in Phoenix with fewer than 100 employees, and are critical to the city's growth, particularly as Phoenix remains one of the fastest-growing cities in the United States.
The Legacy Small Business Program (LSBP) honors long-standing small businesses in the community that have contributed to the local economy by creating employment and opportunities. The newest signature program for Mayor Gallego, the LSBP will recognize iconic and historic small businesses in Phoenix.
The Legacy Small Business Program requires a business to be 25 years or older and located in the city of Phoenix to be eligible for consideration.