Black- and brown-owned business often face challenges in securing working capital. With that in mind, a coalition of about 30 financial organizations have launched a program designed to help minority owned businesses gain access to loan funding. The Philadelphia...
Greater Philadelphia, January 11, 2022 – The Greater Philadelphia Financial Services Leadership Coalition (GPFSLC), comprised of public sector and community partners committed to solving the region’s most pressing issues related to supporting Black and Brown...
Philadelphia, September 27, 2021 – The Pennsylvania CDFI Network, a coalition of 17 PA-based community development financial institutions, has tapped Varsovia Fernandez as its Executive Director. The announcement comes on the heels of a new report from the...
Below is the data summary for round 1 approved grants. Of the close to 5,000 small businesses approved in the first round of funding, more than 2,500 (51%) are historically disadvantaged businesses that have traditionally experienced discrimination when seeking...
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...
Governor Tom Wolf today announced a $225 million statewide grant program to support small businesses that were impacted by the COVID-19 public health crisis and subsequent business closure order. “As we continue to navigate the COVID-19 pandemic and shift our focus...
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