Businesses impacted by COVID-19 can learn more about information and resources available.
What we do
The Department of Commerce helps businesses—large and small—thrive in Philadelphia. Philadelphia is the perfect home for your business, offering:
- Reasonable office rents and cost of living.
- A ready workforce.
- A central location on the Northeast corridor.
We work to:
- Attract and keep a diverse set of businesses.
- Revitalize neighborhoods by building vibrant commercial districts.
- Support small businesses and improve access to funding.
- Develop a strong talent pipeline.
- Increase contracting opportunities for minority, women, and disabled-owned businesses.
Connect
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1515 Arch St.
12th Floor Philadelphia, PA 19102 |
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business |
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Phone:
(215) 683-2100
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Announcements
New $28.6 Billion SBA Grant Program for Restaurants Opens
The U.S. Small Business Administration is scheduled to open applications on Monday, May 3, 2021 at noon for the new Restaurant Revitalization Fund. The online application will remain open to any eligible establishment until all funds are exhausted. More information, including how businesses can create a registration account for the new Fund is available at sba.gov/restaurants.
Established under the American Rescue Plan, the Restaurant Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to the COVID-19 pandemic. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Funds must be used for allowable expenses by March 11, 2023.
Commerce Dept. Offering Plastic Bag Ban Info Sessions For Businesses
The Department of Commerce will be offering a series of virtual information sessions for business owners who are interested in learning more about how to comply with the requirements.
Register for one of the webinars, which will be offered on May 12 and June 16 from 10:30-11:30 a.m. Each webinar will provide an overview of the plastic bag ban legislation and its requirements. Attendees will then have an opportunity to ask questions.
Register to attend one of the information sessions below:
PPP Application Deadline Extended to May 31
The deadline for the federal Paycheck Protection Program has been extended from March 31 to May 31, 2021. Businesses that did not receive funding from the program last year are given first priority, but all businesses that employ 0-300 people, including sole-proprietors, are eligible to apply; this includes businesses that received PPP loans in 2020. Learn more about how to apply.
New Grant Program for Select Philadelphia Hair Care Businesses
The Salons and Barbershop Emergency Relief (SABER) Grant Program is a new $1 million fund created by the Office of Community Empowerment and Opportunity (CEO) to support a limited number of businesses in the hair care industry severely impacted by the COVID-19 pandemic.
Due to the limited amount of funds available, this is a targeted and specific grant opportunity for Philadelphia salons and barbershops. It is not open to the broader business community; it is invitation-only.
