Resources to assist individuals and organizations through this crisis:
The City of Philadelphia and PIDC (Philadelphia Industrial Development Corp.) have launched the $9 million Philadelphia COVID-19 Small Business Relief Fund. The $9 million fund offers a mix of new grants and zero-interest loans to small businesses in Philadelphia that make under $5 million in annual revenue and are facing an unprecedented challenge due to the ongoing global pandemic.
The program aims to:
– Provide relief to small businesses in order to help them survive this crisis.
– Retain as many employees as possible.
– Help businesses avoid predatory lenders.
– Maintain the provision of goods and services for Philadelphia’s residents.
Three relief programs, one application: You can apply for the three relief programs through a single application. Your request will be directed to the appropriate program based on your annual revenue.
– $5,000 for a business with less than $500,000 in annual revenue.
– Up to $25,000 for a business with annual revenue of $500,000-$3 million.
– Up to $100,000 for a business with annual revenue of $3 million-$5 million.
Businesses can now apply for assistance from the fund. Applications will be reviewed on a rolling basis. Priority will be given to businesses that demonstrate a high loss, a plan for recovery, and a commitment to retaining their employees as long as possible.
If you own a business in Philadelphia, please complete this online survey so the city may allocate resources effectively to help you. Office of Business Services at the Department of Commerce: Call (215-683-2100) or contact by email at firstname.lastname@example.org.
PHL COVID-19 Fund: For non-profit organizations in the Greater Philadelphia area
US Small Business Administration (SBA)
– Disaster Response
– Economic Injury Disaster Loan
– Small Business Guidance & Loan Resources
COVID-19 Legislative Updates (Federal, State and Local) via the Chamber of Commerce for Greater Philadelphia