Pennsylvania grant & resource directory - pa house

DEPARTMENT OF COMMUNITY & ECONOMIC DEVELOPMENT (DCED)
Phone: 1 (866) G0-NEWPA / 1 (866) 466-3972 www.newpa.com
GRANT/LOAN
DEADLINE / REGULATIONS
Small Business Development Centers (SBDCs) –
Technical assistance and consulting services to current and
prospective entrepreneurs. Areas of expertise range from
business plan development and implementation to issue areas
related to current business operations.
Contact – Local Small Business
Development Centers; 1-866-GO-NEWPA
(1-866-466-3972) or ReadySetSucceed@
newPA.com.
Small Business First (SBF) – Provides funding for small
businesses (100 or fewer employees), including lowinterest
loan financing for land and building acquisition and
construction, machinery and equipment and working capital.
Loans up to $200,000 or 50 percent of total eligible project
costs, whichever is less. Maximum loan amount for working
capital is $100,000, or 50 percent of total eligible project costs
whichever is less.
Contact – Area loan organizations,
1-866-GO-NEWPA (1-866-466-3972) or
ReadySetSucceed@newPA.com.
Solar Energy Program – Provides grant and loan funds to
eligible applicants to promote the generation and use of solar
energy and the manufacture or assembly of solar equipment in
the Commonwealth.
Loans: Loans for component manufacturers of solar energy
generation equipment up to $35,000 for every new job created
within 3 years after approval of the loan. Loans for solar energy
generation or distribution projects shall not exceed $5 million
or $2.25 per watt, whichever is less.
Grants: Grants for component manufacturers of solar
energy generation equipment up to $5,000 for every new job
created by the business within three years after approval of
the grant. Grants for solar energy generation or distribution
projects, solar research and development facilities, and solar
thermal projects shall not exceed $1 million or $2.25 per watt,
whichever is less. Grants for planning and feasibility studies
shall not exceed 50 percent of the total cost of the planning
project or $175,000, whichever is less.
Guarantees: Grants shall not exceed $30 million and have a
term of not more than 5 years. In the event of a default, the
grant will pay up to 75 percent of the deficiency.
Eligible entities include business, economic development
organizations, political subdivisions, including municipalities,
counties and school districts.
Contact – 1-866-GO-NEWPA (1-866-466-
3972) or ReadySetSucceed@newpa.com.
PA Grant & Resource Directory
27