US: WMBE Economic Development Grant Program

This is a competitive grant program offering ten (10) awards of $10,000 each to promote economic growth and development of Haverford Township businesses meeting the classification of a women and/or minority business enterprise.

Funding Information

• Up to ten (10) $10,000 one-time grants will be awarded plus a (1) year gold sponsorship in Discover Haverford for each grant recipient.
• $7,500 will be paid within thirty (30) days of award notification with the remaining $2,500 paid after successful submission of the six-month compliance report.

Eligibility Criteria

• Applicant must be a for-profit business headquartered in Haverford Township and operational as of July 1, 2023 with gross receipts as reported on its most recently filed Haverford Township Business Privilege/Mercantile return of no less than $25,000 and no more than $500,000.
• Woman-Owned Business: a business that is at least 51 percent owned by a woman or women who are U.S. citizens, or, in the case of a publicly owned business at least 51 percent of the stock is owned by one or more women who are U.S. citizens; and whose daily business operations are managed and directed by one or more of the women owners. “Operate” means actively involved in the day-to-day management.
• Minority-Owned Business: a business that is at least 51 percent owned by one or more minority individuals, or, in the case of a publicly owned business at least 51 percent of the stock is owned by one or more minority individuals; and whose daily business operations are managed and directed by one or more minority owners. “Operate” means actively involved in the day-to-day management. Minorities include the groups with the following ethnic origins: African, Asian Pacific, Asian Subcontinent, Hispanic, Native Alaskan, Native American, and Native Hawaiian.
• Applicant business must have a current Haverford Township business license and be current on any business privilege, mercantile, local services, township property tax, sewer and/or trash fees, if applicable through the date of application.

For more information, visit Haverford Township.