Chestnut Hill Community Development Corporation: COVID-19 Small Business Support Grants
Support Local Now So You Can Shop Local Later
The COVID-19 pandemic is taking a catastrophic toll on small businesses, as required closures combined with delays in dispatching emergency assistance programs are challenging their ability to weather this storm. One of the greatest assets of Chestnut Hill’s unique commercial district is its high concentration of small, independent businesses, but this also makes it especially vulnerable to the effects of the current crisis. Even as our community steadfastly supports those retailers and restaurants who have been able to maintain a reduced level of operations, there is a need to mobilize direct financial resources to sustain businesses who are at risk of permanently failing as the lockdown continues.
“Retail is undergoing its biggest trauma in a generation at the moment. What can we expect to see when the lockdown is over? People will want to be out and about. They’ll want to shop local. They’ll want to support their friends and neighbors. This makes the independent retailer and walkable shopping areas more important than they have been in decades. We are moving away from a time of excess to a time of meeting needs. Places like Chestnut Hill will be an asset to their communities by creating a focal point for those communities.” — Paula Rosenblum, Managing Partner, Retail Systems Research
The CHCDC’s COVID-19 Small Business Support Grants will seek to provide critical funding support to small businesses in Chestnut Hill whose survival is threatened by the economic effects of the COVID-19 pandemic. Recognizing that multiple resources are being offered to small business owners during this crisis, but acknowledging that available relief is not always sufficient or rapid enough to meet immediate needs, these grants will work alongside other public and private funding sources to help vulnerable enterprises stay in business and continue to provide employment locally. All businesses located within the Chestnut Hill Business District’s service area will be eligible to apply, and applications will be objectively evaluated according to consistent criteria. Donations will be accepted by the Chestnut Hill Community Development Corporation (CHCDC), a registered 501(c)3 corporation dedicated to the enhancement of Chestnut Hill’s Business District. The CHCDC, through its staff and Board of Directors, will administer grant awards and report on the impact of the program.
How to Donate:
Please consider making a charitable donation to the CHCDC’s Small Business Support Grant Fund.
To ensure that 100% of your donation reaches small businesses without incurring credit card processing fees, you can mail a check made out to “Chestnut Hill Community Development Corporation” for “Grant Fund Donation” to:
Chestnut Hill CDC, 8514 Germantown Avenue, Philadelphia, PA 19118
The CHCDC may publish a list of donors (but not exact donation amounts) in our reporting on the program. Please enclose a note indicating if you wish your donation to remain anonymous in the note field under the donation amount.
You can also conveniently make a donation from your credit card, debit card, or bank account via the secure PayPal payment platform here:
Applicant Information / APPLY HERE:
UPDATE (6/10/20): Business applicants may apply for support HERE. Submissions via the Google Form are strongly preferred. Please email email@example.com to request a paper application if you are unable to submit using the online form, or to submit any supporting documentation you would like to provide. This program will be competitive, and applications will be reviewed and scored according to uniform criteria in the order they are received. Grant amounts will be between $500 and $2,000, and all applicants will be informed of the status of their application at the time decisions are made.