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 in order to: 

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

·         Assist businesses in developing resources and growing. 

·         Enhance employment opportunities for residents and drive community development. 

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

Uses

Grow Philadelphia offers low interest loans to qualified minority-owned construction businesses to cover the cost of 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 at below-market rates. Loan terms range from 6 to 24 months.


Click here to fill out the client inquiry form. If you have any questions please contact Courtney Wilborn at cwilborn@theenterprisecenter.com .