The GRIT Fund is a program that provides resources to support expansion of the Community Development Financial Institutions (CDFIs) serving the Philadelphia region to increase economic and financial opportunities for business owners who are People of Color. With a five-year fundraising goal of $100 million, the program will specifically fund three streams identified as critical in helping Philadelphia CDFIs build the structure required to serve Black and Brown businesses adequately. The Pennsylvania CDFI Network operates the PHL GRIT Fund and contributions flow from member banks of the Greater Philadelphia Financial Services Leadership Coalition (GPFSLC).