Women-, Minority-Owned Business Grant Program Launches In Haverford

HAVERFORD TOWNSHIP, PA — A new grant program in Haverford Township is seeking to support women and minority entrepreneurs in the township.

The has launched its Women & Minority Business Enterprises Economic Development Grant Program.

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

Qualified enterprises must be for-profit businesses 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

The township defines a woman-owned business:

a business that is (1) 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 (2) 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 are defined as:

a business that is (1) 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 (2) 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.

The application window opens Monday, July 17 and will remain open through 4 p.m. on Sept. 15.

See full details of the program and find a grant application online here.