The Merchants Fund for small businesses
The next grant deadline for The Merchants Fund is Friday, 28 February, 2014 (postmarked). Note the deadlines may not have been updated on the site but I wanted to get this out ASAP. Please forward this email to your clients, colleagues, business owners, community partners, etc. If you would like to join the list serv, send an email with the subject line “join the list serv” and include your contact information. TMF’s list serv is best suited to those who work with small business on a regular basis.
Grants are competitive and there is no guarantee of funding.
IMPORTANT: The first check off on the application indicates that you must discuss your project with staff at TMF before filing an application. Please take this step seriously and understand it leads to stronger applications. Almost unilaterally skipping this step means you will be turned down because the application is off target for our goals or the company is not qualified under our requirements.
TMF has two core grant making areas for businesses that have been legally established for at least three years in Philadelphia:
Business Stabilization grants up to $10,000 to help small businesses remain stable, viable and grow in the face of economic challenges or to respond to opportunities. We do not make grants for working capital.
http://www.merchantsfund.org/grant-areas-business-stabilization.html Requirements and PDF of application.
Business Loan matches up to $20,000 to match accredited government programs or bank loans at least dollar for dollar ($20,000 minimum loan matched by a $20,000 grant). TMF does not make loans.
http://www.merchantsfund.org/grant-areas-business-loan.html Requirements and PDF of application.
The next deadline will be in September of 2014.
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