Opportunities - Small Business Funding
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PA DCED Grants
Pennsylvania's Department of Community and Economic Development supervises the Main Street Matters program (https://dced.pa.gov/programs/main-street-matters/), which offers a variety of grant opportunities to municipalities and community development corporations, including for help assisting local businesses. CCD is currently assembling materials for grant applications due on November 15, 2024. Please contact info@cheltdev.org if you or your small business or organization have an interest in any of the grants listed below.
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Façade Grants
Available to stimulate private investment in properties, foster an attractive environment, and preserve the architectural heritage of properties and communities. The grant funds may be used for primary street-facing exterior building improvements in a defined target area of a downtown or neighborhood such as storefront signs, exterior façade painting, design assistance, etc.
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Business Improvement Grants
Available to stimulate private business investment and better enable business attraction, retention, and expansion in the defined target area of a downtown or neighborhood. Grant funds will be awarded to an eligible applicant to support a local program providing microgrants and/or forgivable microloans. Microgrants may be used by established businesses for capital purchases; structural or interior improvements; hardware, software, and connectivity upgrades; and professional marketing and promotions activities. Micro-loans may be used by established or new small businesses for capital purchases; structural or interior improvements; hardware, software, and connectivity upgrades; professional marketing and promotions activities; and operating expenses. Microloans may also be used by businesses for employee salaries and benefits, operations costs including rent or mortgage assistance, utility bills, inventory, consumable supplies, or fees to secure other financing.