The Philadelphia Small Business Catalyst Fund is a $5 million investment designed to accelerate the growth of small businesses and entrepreneurs across the city. The Catalyst Fund focuses on businesses in underinvested neighborhoods. Support includes:
Grants of up to $50,000 per business will be awarded based on demonstrated need, growth potential, and economic impact. The Philadelphia Small Business Catalyst Fund is an initiative of the
Department of Commerce fueling collaboration and business growth citywide.
Businesses that generated a maximum $2 million in revenue in 2024 can apply for funding. The business must also be: