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ActivePennsylvania CDFI Network · 2026

Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund)

Quick Facts

Agency: Pennsylvania CDFI Network
Funding: Varies
Deadline: Check Source
Status: Active
Eligibility: Black and Brown-owned small businesses in the Philadelphia region.

About This Grant

Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund) is sponsored by Pennsylvania CDFI Network. A $100 million program supporting Black and Brown-owned small businesses in the Philadelphia region with access to capital and business counseling.

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Official Opportunity Details

Extracted from the official opportunity page/RFP to help you evaluate fit faster.

The GRIT Fund | PA CDFI Network Solving the region’s most pressing issues to support small businesses facing long-standing financial access barriers The Growth, Resilience, Independence, and Tenacity (GRIT) Fund provides resources to expand the capacity of Community Development Financial Institutions serving the Philadelphia region to increase economic and financial opportunities for small business owners operating in low-to-moderate income neighborhoods.

With a five-year fundraising goal of $100 million, the program supports three critical funding streams—technical assistance, loan loss reserves, and patient debt—identified as essential for strengthening CDFIs’ ability to meet the needs of small businesses. The Pennsylvania CDFI Network operates the GRIT Fund with contributions from sixteen member banks of the Greater Philadelphia Financial Services Leadership Coalition (GPFSLC).

Since the program’s inception in 2021, the GRIT Fund has generated $2. 35 million in charitable investment, increasing to $6. 45 million when including direct contributions to CDFIs.

Additionally, $43 million in patient debt investments has been deployed to CDFIs supporting small businesses in the Philadelphia region that have historically faced limited access to capital. Explore More of Our Programs Small Business Growth Program by gavinadmin | Jan 21, 2026 | 0 Comments Shyra Oliver, Owner,Never Rest Inc.Established in June 2022, the Small Business Growth Program has provided $9.

35 million to CDFIs to deliver loans, grants, and... The PA CDFI Network SSBCI-RLF by gavinadmin | Nov 3, 2022 | 0 Comments Pennsylvania SSBCI Revolving Loan Fund (SSBCI-RLF) The Pennsylvania SSBCI Revolving Loan Fund (SSBCI-RLF) is designed to stabilize and strengthen the Commonwealth’s...

by gavinadmin | Nov 3, 2022 | 0 Comments Solving the region’s most pressing issues to support small businesses facing long-standing financial access barriers The Growth, Resilience, Independence, and Tenacity...

Eligibility Requirements

Black and Brown-owned small businesses in the Philadelphia region.

Frequently Asked Questions

Who can apply for Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund)?

According to the current listing, eligibility includes: Black and Brown-owned small businesses in the Philadelphia region. Confirm the full requirements in the official notice before applying.

Who funds Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund)?

Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund) is funded by Pennsylvania CDFI Network. Verify program details on the funder's official page before applying.

How do I apply for Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund)?

Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.

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