The COVID-19 Relief Pennsylvania Statewide Small Business Assistance program will provide grants ranging from $5,000 to $50,000 to small businesses that have been economically impacted by COVID-19.
In addition, the program will give additional consideration to the following factors: women-owned businesses, communities targeted for business investment by state government programs like Main Street and Elm Street, and rural communities. At least 50% of the grants to small businesses will be awarded to Historically Disadvantaged businesses. Historically Disadvantaged businesses are at least 51% owned and operated by persons who are Black, Hispanic, Native American, Asian American, or Pacific Islander because they have traditionally been discriminated against and disadvantaged when seeking financial services and financial products.
Learn more at pabusinessgrants.com
PIDC is a member of The Pennsylvania CDFI Network, 17 Community Development Financial Institutions (CDFIs) that will support small businesses throughout the Commonwealth to access the grant funds. PIDC can assist your small, minority-, woman-, or immigrant-owned business in Philadelphia with the PA Statewide Small Business Assistance Program
The first application window opened June 30th and closed at 11:59 PM on July 14th. All businesses who applied in the first round will receive an application status update by August 10th.
Round 2 is now open. The second application window is open for 15 business days from 9:00AM on August 10th to 11:59PM on August 28th.
If you applied during the first application window, you do not need to reapply. Qualified applications will be automatically rolled over into the next funding round for consideration.
In order to get funds to businesses in need as quickly as possible, the second application window will be the final opportunity to apply for the program. The grant awards for businesses in the second application window will be made in two decision rounds for funding.
This Project is financed by a grant from the federal Department of U.S. Treasury, under the administration of the Commonwealth of Pennsylvania and the Pennsylvania CDFI Network.