To be eligible for a microgrant, a business must:
- Be a for-profit business.
- Be physically located and operating in Pennsylvania.
- Generate at least 51% of its revenue within Pennsylvania.
- Have fewer than 100 full-time equivalent (FTE) employees.
- Be currently operating at the time grant funds are awarded.
- Not be in active default on federal, state, or local taxes or fees unless a formal repayment plan is in place and current.
- Not be engaged in activities that are illegal under federal, state, or local law.
- Not be a nonprofit organization, church, religious institution, government entity, or elected official office.
- Not be primarily engaged in lending, banking, financing, passive real estate investment, life insurance, political activities, lobbying activities, or other ineligible business activities identified by the program.
- Not have an owner of 20% or more who is currently incarcerated, on probation, on parole, under indictment, or otherwise subject to formal criminal charges, or who has certain disqualifying felony convictions as described in the program guidelines.
- Not have already received or applied for a microgrant under this program for another business owned by the same individual(s).
By continuing, you acknowledge that eligibility will be reviewed and verified by the Pennsylvania CDFI Network and that applicants found to be ineligible may be removed from consideration at any stage of the review process.