The 2019 StartupPHL Venture Program is designed to support startup companies run by entrepreneurs from socially or economically disadvantaged backgrounds. This grant program provides funding for technology or technology-enabled ventures that may not have access to traditional forms of capital and founder networks.
The Department of Commerce will provide grants to companies or organizations that can demonstrate an ability to increase the number of jobs available in the City of Philadelphia either through business scale or through the development of programs that enhance economic development.
ELIGIBILITY REQUIREMENTS AND CRITERIA
Applicants and proposals must meet the following criteria:
Applicants must be either a business entity eligible to do business in the City of Philadelphia, or a charitable organization with 501(c)(3) status.
Applicants must be residents of Philadelphia county and businesses must be located in Philadelphia county.
Applicants must complete the Campaign Contribution Disclosure Form and be eligible to receive Financial Assistance under Section 17-1404 of the Philadelphia Code.