Business Development Grants, The Merchants Fund

Posted by The Merchants Fund on August 10, 2015

The next grant deadline for The Merchants Fund is Tuesday, September 15, 2015 (postmarked).

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. Grants must be spent by December 31, 2015.

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. Grants must be spent by December 31, 2015.

Please visit our web site http://www.merchantsfund.org/ for printable applications and detailed guidelines or contact us directly at info@merchantsfund.org.

The next deadline will be in February, 2016.