News

July 1, 2020

Grants Available for Small Businesses in Pennsylvania

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 the COVID-19 pandemic.

Eligibility

To be eligible for this program, a business must:

    • be physically located, certified to do business, and generate at least 51 percent of their revenues in Pennsylvania;
    • have annual revenue of $1 million or less prior to the impact of COVID-19;
    • have 25 or fewer full-time equivalent employees prior to February 15, 2020; and
    • have been in operation as of February 15, 2020.
    • Eligible businesses may be structured as C-corporations, S-corporations, limited liability corporations, sole proprietors, independent contractors, or self-employed individuals.

Visit the Bridgeway Capital website to view what makes an entity ineligible to apply.

Application Period

The first application window for the COVID-19 Relief Pennsylvania Statewide Small Business Assistance program is now open until 11:59 p.m. on July 14, 2020. This is not a first-come, first-served program. There will be multiple rounds of application windows. The application window will remain open for 10 business days. Additional application windows will be announced soon.

Eligible small businesses can begin applying online.

Bridgeway Capital is a participating CDFI and will support small businesses in western Pennsylvania to access the grant funds. An application toolkit, including information about eligibility, priorities, and required documents, can be found on their website.

More Information

For more information, visit the Bridgeway Capital website. For questions and technical support, contact pacdfinetwork@lendistry.com or 866-897-9336.

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