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Business Opportunities, Benefits, and Grants for Women in Philadelphia, Pennsylvania

Need a way of making your small business thrive? Well, the city of Philadelphia consists of business opportunities, benefits, and grants to help women thrive in business. You don’t have to own an already existing business to get access to business assistance. Even for startups, you can always get the financial support you need to get started. Read more from this article and find out the business resources existing in the City of Philadelphia.

Circle of Aunts and Uncles

The Circle of Aunts and Uncles Project provides loans at low-interest loans as well as social capital to female entrepreneurs having troubles with finances to efficiently carry out their business operations. The goal of this multi-general project is to help create a favorable environment for women business owners to thrive and to achieve a sustainable and equitable economy in Philadelphia. For more details about the project, please visit http://www.circleofauntsanduncles.com/.

Commonwealth Capital

Having troubles covering your daily business operation expenses? The Commonwealth Capital is there to provide you with loans to ensure your business programs run smoothly. The Commonwealth Capital provides business assistance to companies in all the existing industries in Philadelphia. If you don’t qualify for the traditional loan programs, consider trying out Commonwealth Capita for financing. Learn more at http://commonwealthcap.com/.

Impact Loan Fund

The Impact Loan Fund is there to provide you with an opportunity to put your business plan into use. The program funds women-owned small business who works to improve the economic wellbeing of the City of Philadelphia through innovative products and services. the financial support you will receive from this program can help you make a difference no matter the status of the economy. For more information about Impact Loan Fund, please visit http://www.impactservices.org/loan-fund/.

Philadelphia Industrial Development Corporation

The purpose of this corporation is to support the development of women-owned businesses in the city of Philadelphia. They also foster investment and supports development that generates employment opportunities for women in Philadelphia. Want to learn more about the corporation, please visit http://www.pidcphila.com/.

Philadelphia Local Initiatives Support Corporation (LISC)

The office of Philadelphia LISC provides financial support in form of loans to both non-profits and for-profit organizations run by women in Philadelphia. The goal of the loan program is to help make transformational projects successful in the community and make Philadelphia a better place for upcoming and already existing female entrepreneurs. Read more at http://www.lisc.org/philly/what-we-offer/loans/.

Power Up Your Business

Power Up Your Business is a program in the City of Philadelphia that is designed to provide support to women-owned small businesses – to provide the resources you need to expand your business and thrive in your community. The program brings female entrepreneurs and business owners together to share their experiences while offering training and education services. The program aims to help women adapt to the everyday business challenges and help them carry out their daily operations successfully. The program has helped many businesses through growth and expansion and has also created jobs for women.  The power Up Business program is free to all women who participate in the activities. The program organizes workshops that help women-owned businesses run and operate more efficiently. The sessions are provided in the fields of marketing, SEO strategies, business planning and development, finance and budgeting, bookkeeping, and how to grow your business online. Learn more about the program at https://www.ccp.edu/business-and-industry/power-your-business.

The Urban League of Philadelphia – Entrepreneurship Center

The Entrepreneurship Center supports women-owned businesses by providing technical assistance, strategic planning, and connects them to helpful resources. The goal is to help women business owners to grow their finances through loans and grants and have access to human capital in the City of Philadelphia. Through the training of female business owners, the Urban League Entrepreneurship Center creates many job opportunities in the City and helps to make it a better place in terms of economic growth and development. The program consists of a team of business experts t take you through one-on-one coaching for further growth. Besides, the program organizes workshops and special events just to make you stay informed about the changes taking place. Visit https://urbanleaguephila.org/what-we-do/entrepreneurship-center/ for more details about the program and its requirements.

Urban League of Philadelphia – Workforce Development

Are you looking for a job opportunity? Looking for quality talented employees for your company? Well, you are just at the right place. The Urban League of Philadelphia connects female professionals to career opportunities that expose and women-owned businesses to quality talents that drive them towards success. Furthermore, the organization runs a six-month program that helps women improve their leadership capabilities. Find out more at https://urbanleaguephila.org/what-we-do/workforce-development/.

Women’s Business Enterprise Center

Expanding an already existing business can be just as tough as starting a new business. Whether you are just starting the journey or need resources to spur growth for your enterprise, the Women Business Development Center is here to help. The WBDC provides business training services to female entrepreneurs and business owners throughout the City of Philadelphia. You can always access the training services online or one-on-one. Visit https://wbeceast.com/start-your-business/ and start a successful business today.

The Philadelphia Merchants Fund (TMF)

The Merchants Fund Charity was formed in the year 1854 to provide financial support to women-owned businesses facing struggles carrying out their daily operations. The program offers financial help to both current and past female merchants throughout the city of Philadelphia. The program assists in form of grants that are awarded every year to female merchants who demonstrate the need for financial support. Who is eligible for TMF program assistance? Your business must be located in Philadelphia and you must prove that you need financial support. You must comply with the taxes’ requirements at the local, state, and federal level and have a business license and permits required for legal operation in the City of Philadelphia. Please note that the TMF does not offer financial support to startups. For this reason, your business must have been in existence for at least three years to be considered for financial assistance. for more information about TMF Program, please visit https://merchantsfund.org/.

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