The Merchants Fund Stabilization Grant is designed to support small, independently owned businesses in Philadelphia that operate with a physical presence such as a storefront, food truck, or kiosk. These grants are aimed at helping businesses overcome operational obstacles or implement specific projects that support their growth and stability. The fund prioritizes investments that address the legacy of systemic disinvestment and inequitable access to capital, with an emphasis on fostering wealth-building within historically marginalized communities.

The purpose of the Stabilization Grant is to provide funding that enables small businesses to tackle barriers that limit their full operational capacity. Whether the business needs equipment, infrastructure, or other project-specific investments, the grant can be used to fund initiatives that lead to long-term improvements. However, funds may not be used for marketing, general operating expenses, events, or programming. Grants are issued directly to vendors, contractors, or consultants involved in the approved project, rather than to the business owner, and checks must be cashed within 30 days of issuance.

To be eligible for the Stabilization Grant, businesses must be located within the City of Philadelphia and have been operating for a minimum of two years. They must generate annual revenues between $50,000 and $750,000, maintain proper licensing, and be compliant with federal, state, and local tax regulations or be on an approved payment plan. Businesses must also demonstrate financial need and must not have received a Stabilization Grant within the past 24 months or applied for one in the last year. Professional service providers, non-profit organizations, and certain other business types are ineligible.

Applications are submitted through The Merchants Fund online grant portal, and applicants are required to create an account or log in to access and complete their submissions. Applications auto-save progress, and applicants may return to finish and submit their forms later. Detailed guidance, including a PDF reference version of the application and a Quick Reference Sheet, is available to support prospective grantees.

The evaluation process considers the business's financial need and alignment with the grant's purpose of stabilization and growth. Though exact review metrics are not listed, applicants must clearly articulate their need and how the project will benefit their business. Additionally, TMF reserves the right to deem any application ineligible at their discretion.

Important dates such as application openings and deadlines are not explicitly provided in the current materials. Applicants are encouraged to follow The Merchants Fund on social media to stay updated on grant cycles, deadlines, and application announcements.