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City of Philadelphia and PIDC – Resources for Small Business Owners

Agency / Department: City of Philadelphia and PIDC

Resource: Resources for Small Business Owners

Details: The City and the Philadelphia Industrial Development Corporation (PIDC) are developing a program to support small businesses in Philadelphia. It will include help with maintaining payroll obligations and preserving jobs impacted by the spread of COVID-19. The program will include a mix of new grants and zero-interest loans for businesses that make under $5 million in annual revenue. PIDC will continue to offer its existing lending programs for small and midsize businesses on flexible terms to provide working capital, fund contract receivables, refinance high-interest debt, and meet other needs.

How to apply: N/A

Link: https://www.phila.gov/programs/philadelphia-covid-19-small-business-relief-fund/

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