|Governor Tom Wolf announced that beginning tomorrow small businesses across Pennsylvania can apply for grants to offset lost revenue caused by the COVID-19 pandemic and the resulting shutdown order. 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.
Beginning tomorrow, June 30, eligible businesses may begin applying for the COVID-19 Relief Statewide Small Business Assistance program here.
The application requires you to apply through one of the members of the Pennsylvania CDFI Network, a coalition of 17 Community Development Financial Institutions (CDFIs) that are participating in this program. The application will be identical no matter through which CDFI you apply and all applications will be entered into one "pool" for a competitive review. There are a number of CDFIs that identify Chester County as a service area. The Chester County Economic Development Council (CCEDC) has worked with these three in the past:
· Community First Fund
· The Reinvestment Fund
· United Bank of Philadelphia
Please note that this is not a first-come, first-served program and that there will be multiple rounds of application windows. The application window for the first round of funding will remain open for 10 business days. Please visit to stay apprised of news and updates.
Eligible businesses will be able to use the grants to cover operating expenses during the shutdown and transition to re-opening, and for technical assistance including training and guidance for business owners as they stabilize and relaunch their businesses.
The Chester County COVID-19 Business Task Force, in partnership with Chester County Economic Development Council (CCEDC) and Community First Fund, held a webinar in Restore Chester County Series on accessing the $225 Million Grant Program for Small Businesses Impacted by COVID-19. You can click on the link below to watch the video recording.