Pennsylvania / New Jersey Job Creators Grant
This grant provides $50,000 to diverse-led small businesses in Pennsylvania and New Jersey that meet specific criteria, aiming to support underrepresented entrepreneurs in creating new jobs and fostering business growth.
This grant opportunity offers $50,000 in small business grants to diverse-led businesses in Pennsylvania and New Jersey. A total of ten grants will be awarded to businesses that meet specific eligibility criteria, including having annual revenues between $100,000 and $5 million, operating a Business-to-Business (B2B) or Business-to-Government (B2G) model, and having a staff of at least two full-time employees. The grant aims to support businesses led by individuals from underrepresented groups, such as Latino, Black, Asian, Women, LGBTA+, Military Veterans, or those in Low to Moderate Income areas. Additionally, all grant recipients will receive a scholarship to a Founders First accelerator program to aid in continued education and business development. Eligible businesses must be able to create 1-2 new premium wage jobs within the next 12 months. The application process involves submitting a detailed application, including business information, an organization chart, a Profit and Loss (P&L) statement, and a short pitch video. Semi-finalists will be chosen for a final judging round, with finalists announced during a live press event. The grant application opened in May 2024, with a deadline of June 25, 2024, for submission.
Award Range
$5,000 - $5,000
Total Program Funding
$50,000
Number of Awards
10
Matching Requirement
No
Additional Details
Grants are paired with a full tuition scholarship to a Founders First CDC business accelerator program.
Eligible Applicants
Additional Requirements
Eligible businesses must have a founder who identifies as Latino, Black, Asian, Women, LGBTA+, Military Veteran, located in a Low to Moderate Income area, or underrepresented in their industry. They must also be able to add 1-2 new premium wage jobs within the next 12 months.
Geographic Eligibility
All
Application Opens
May 1, 2025
Application Closes
June 25, 2025
Grantor
Founders First Community Development Corporation (FFCDC)
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