TMF’s 2020 Grant Cycle for Stabilization Grants has been suspended until further notice.
All funds have been diverted to emergency grants in response to the COVID-19 pandemic.
The COVID-19 pandemic has created unprecedented need for small businesses. Due to overwhelming demand, TMF’s application process for emergency grants is by invitation only at this time. Our priorities are to provide funding to businesses that have not been able to access other funding, those in high-poverty neighborhoods, and businesses owned by those who have historically had less access to traditional capital, including: immigrants, women, people of color, minorities, and “mom & pop” family-owned businesses.
Additional resources and tips for businesses are being updated regularly and can be found here. You can also sign up for our newsletter where we frequently share information related to other funding opportunities. If you would like to be added to our Wait List to be considered for a grant, please complete this form.
Eligibility for funding from TMF includes that the business must be:
- located in Philadelphia.
- demonstrate financial need.
- be compliant with local, state, and federal taxes (or an approved payment plan).
- have all licenses and permits to operate legally.
- be in existence for at least 3 years (occasional consideration is given to more newly established businesses, but TMF does not fund start-ups).