Nearly 5,000 small businesses economically impacted by COVID-19 approved for awards
August 10, 2020 –Governor Tom Wolf along with the Pennsylvania CDFI Network, PA State Senators and PA Department of Community and Economic Development today announced $96 million in grant awards under the COVID-19 Relief Pennsylvania Statewide Small Business Assistance program. The small businesses that have been approved for awards span all 67 Pennsylvania counties.
“As we continue to address this public health crisis, it’s critical that we also focus on our state’s economic recovery and supporting our small businesses across the state, which continue to be impacted by our necessary mitigation efforts,” Gov. Wolf said. “This funding will go a long way to help small businesses, including historically disadvantaged businesses, at a time when they need it most.”
“We’ve seen the impact of this pandemic-fueled economic crisis on the small businesses in our communities and in the immense response to the program in the first round of applications,” said Daniel Betancourt, Chair of the PA CDFI Network and President & CEO of Community First Fund. “The PA CDFI Network is grateful for the partnership of Governor Wolf and the Pennsylvania Legislature as we move quickly to get these resources into the hands of those most impacted by the crisis.”
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