GRANTS
Stabilization Grants
For small businesses
Purpose
to support specific projects that will help the business grow or overcome an obstacle that limits its ability to operate at full capacity.
Funding Priorities
In recognition of the historical and systemic disinvestment in communities of color, as well as the inequitable access to capital experienced by BIPOC, immigrant, and women merchants, TMF prioritizes support to these business owners in an effort to address historical disparities and build wealth within these communities.
< $750,000
Annual revenue
Business Eligibility Checklist
- Located in Philadelphia
- Independently owned and operated
- Operates a publicly-accessible storefront/physical location (food trucks & kiosks are eligible)
- In compliance with all federal, state, and local taxes (or on an approved payment plan)
- Has the required federal, state, and local licenses/permits to operate legally
- Annual revenue between $50,000 – $750,000
- Has been in operation for a minimum of two years
- Must be able to demonstrate financial need for a grant
- Has NOT applied for a Stabilization grant in the last year
- Has NOT received a Stabilization grant within the last 24 months
*Ineligible businesses include, but are not limited to, those that provide professional services (e.g. medical/therapeutic/counseling, legal, insurance), graphic design, architecture, real estate, child/elder care providers, and non-profit organizations. Additional ineligible businesses can be found on the quick reference sheet. These lists are not comprehensive and TMF reserves the right to deem any application ineligible or deny any application.
How To Apply
- Visit the TMF online grant portal by clicking on the APPLY NOW button below.
- Click Create New Account, then log in (use existing username/password, if applicable)
- Once logged in, click Apply at the top of the page
- Applications will automatically save all progress. If you need to close it and finish later, there is no need to start a new application, simply login using your email and password you created and click “Edit Application” on your home screen. To submit your application, make sure all required information is completed and scroll down to the bottom of the application to click the blue SUBMIT button. You will receive an email confirmation once your application is submitted.
