Philadelphia's Small Business Relief Fund

Applications are available for the Small Business Relief Fund!

The City of Philadelphia and the Philadelphia Industrial Development Corporation (PIDC) today launched the COVID-19 Small Business Relief Fund, a more-than-$9 million grant and loan program designed to support Philadelphia small businesses, help maintain payroll obligations, and preserve jobs impacted by the spread of the virus.

The Philadelphia COVID-19 Small Business Relief Fund will be a tiered program providing targeted support for small businesses, which face an unprecedented challenge due to the ongoing global pandemic. The fund offers a mix of new grants and zero-interest loans for businesses that make under $5 million in annual revenue. Tiers include:

Microenterprise Grants — $5,000 per business for businesses with less than $500,000 in annual revenue.

Small Business Grants — Up to $25,000 per business for businesses with annual revenue between $500,000 and $3 million.

Small Business Zero-Interest Loan — Up to $100,000 per business for businesses with annual revenue between $3 million and $5 million.

To apply click here. If you need help applying, or have questions about the application, let us know!