The Basics 

The COVID-19 Relief Pennsylvania Statewide Small Business Assistance program is a new program from the Commonwealth of Pennsylvania that will provide grants ranging from $5,000 to $50,000 to small businesses that have been economically impacted by COVID-19. 

More information about the program can be found on a new website set up for the grant program. The website includes important details for prospective applicants including: 

  • Application period for first round of funding.
  • Eligibility requirements for businesses, including priority criteria.
  • Potential grant amount for your business.
  • What business owners can prepare now for their application.

Eligible businesses will be able to use the grants to cover operating expenses during the shutdown and transition to re-opening, and for technical assistance including training and guidance for business owners as they stabilize and relaunch their businesses.

 

How to Apply

Businesses must apply through a Community Development Financial Institution (CDFI), who will support small businesses throughout the Commonwealth to access the grant funds.

Business should only submit one application and can do so through any of the CDFIs listed below. All applications will go through the same approval process, so there is no need to apply to more than one agency. 

The application will be available beginning Tuesday, June 30, 2020.

For the most up to date information on the program and required documents, visit pabusinessgrants.com.

 

The following local CDFIs are accepting applications from businesses

Beech Capital Venture Corporation

  • Phone: 866-913-7510
  • Email: pacdfinetwork@lendistry.com
  • Target audiences: Small businesses located in North Philadelphia, West Philadelphia, and Northwest Philadelphia

 

Community First Fund

  • Phone: 866-909-4006
  • Target audiences: Minority- and women-owned businesses

 

Entrepreneur Works

 

Finanta

  • Phone: 866-909-6481; para Español: 267-236-7003
  • Email: finanta@finanta.org or pacdfinetwork@lendistry.com
  • Target audiences: Businesses located in low-to-moderate income areas; Minority-owned businesses
  • Language services: English, Spanish, and Indonesian

 

Impact Loan Fund

 

Neighborhood Progress Fund

 

Philadelphia Industrial Development Corporation (PIDC) Community Capital

 

The Enterprise Center

 

The Reinvestment Fund

 

United Bank of Philadelphia

 

West Philadelphia Financial Services Institution (WPFSI)

 

Women’s Opportunities Resource Center (WORC)

  • Phone: 866-913-9794
  • Email: gpitsakis@worc-pa.com
  • Target audiences: Women-owned businesses; immigrant-owned businesses; refugee- and asylee-owned businesses; micro-enterprises.
  • Language services: Indonesian, Spanish, and Krio.

 

Learn more about the COVID-19 Relief Pennsylvania Statewide Small Business Assistance program