Governor Josh Shapiro Opens Application for Historically Disadvantaged Businesses

The program will provide grants to eligible small diverse businesses for working capital, inventory, equipment, safety and security equipment, marketing, and costs to support the ongoing operation of the business.

Grants ranging from $2,500 to $10,000 will be awarded to historically disadvantaged businesses that were in operation on or before March 17, 2020, and were impacted economically by COVID-19.

Historically disadvantaged businesses are defined through this program as minority businesses generating annual revenues of $1 million or less and employing fewer than 25 full-time equivalent employees.

Additional program priorities are in place for small businesses located within low-income census tracts, high-crime municipalities, and are located in the following designated areas: Commercial Corridors (Philadelphia), Neighborhood Business Districts (Pittsburgh), Allegheny Together Communities (Allegheny County) and active Main Street Program areas (statewide).

All applications submitted between February 5 and February 23, 2024, will be considered for funding.

Read Governor Shapiro’s press release here.

To apply go: https://pacdfinetwork.org/about/hdbagrants/