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Philadelphia Catalyst Fund
Philadelphia Department of Commerce
ABOUT THE GRANT
The Philadelphia Small Business Catalyst Fund provides Philadelphia-based small businesses with grants of up to $50,000 to accelerate growth and expansion. Administered by the City of Philadelphia's Department of Commerce, the program combines funding with strategic guidance and is awarded based on demonstrated need, growth potential, and economic impact across the city. Eligible applicants are businesses that generated under $2 million in revenue in the prior year, are located in Philadelphia, registered and licensed with the city, and current on city taxes (or operating under an approved tax payment agreement). Applicants must demonstrate a clear expansion plan, contribution to local economic impact such as strengthening Philadelphia neighborhoods or creating jobs, and resilience and innovation despite challenges accessing traditional funding. Grant funds may be used for most capital and operating expenses, but cannot be used for routine operating costs (such as rent, payroll, past-due bills, or debt payments) or real estate acquisition.
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NOTES
We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.
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