capital

Grow Philadelphia Fund

Overview

The “Grow Philadelphia Capital Initiative” has been established as a partnership between The Enterprise Center, Brandywine Realty Trust, and Councilwoman Jannie Blackwell. 

·         Provides low interest capital for minority-owned construction businesses in the Greater Philadelphia area for to service contracts.

·         Assist businesses in building capacity and growing. 

·         Enhance employment opportunities for citizens and drive development 

Brandywine Realty has provided initial funding to The Enterprise Center to launch the Grow Philadelphia Capital Initiative. 

Uses

Used to offer low interest loans to qualified minority-owned construction businesses for covering cost to service contracts.

Eligibility 

Any construction business owned and operated by ethnic minorities working on a contract(s).

Funding

Grow Philadelphia can finance construction loans for a maximum of $50,000.   

Terms

Grow Philadelphia Capital Initiative loans are fixed low interest rate at the time the loan is approved and will remain fixed for the duration of the repayment term. Interest rates are subject to change from time to time.  Loan terms from 6 to 24 months.


Click here to download the loan application. If you have any questions please contact Courtney Wilborn at cwilborn@theenterprisecenter.com .

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