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2011-12 Pennsylvania Grant & Resource Directory

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DEPARTMENT OF COMMUNITY & ECONOMIC DEVELOPMENT (DCED)<br />

Phone: 1-866-G0-NEWPA / 1-866-466-3972 www.newpa.com<br />

GRANT/PROGRAM<br />

New PA Venture Capital Investment Program – Loans to<br />

venture capital partnerships to invest in growth-stage PA companies.<br />

Venture capital investment firms are eligible. Used for<br />

investment in young job-producing companies; investments<br />

must be made in under served areas defined as outside the<br />

Philadelphia MSA and those with populations below 1 million.<br />

Amounts are variable and to be determined by the Commonwealth<br />

Financing Authority.<br />

Pending legislation will consolidate this program into the Liberty<br />

Financing Authority (LFA).<br />

New <strong>Pennsylvania</strong> Venture Guarantee Program – Guarantees<br />

to top-tier venture capital partnerships for investments in<br />

growth-stage PA companies. Venture Capital partnerships are<br />

eligible. It is used for Guarantees on the first losses of equity<br />

investment made in <strong>Pennsylvania</strong> companies.<br />

Pending legislation will consolidate this program into Liberty<br />

Financing Authority (LFA).<br />

CONTACT INFO/DEADLINE<br />

Contact – Commonwealth Financing Authority;<br />

1-866-GO-NEWPA / 1-866-466-3972<br />

or ReadySet Succeed@newPA.com<br />

Contact – Refer to Commonwealth Financing<br />

Authority; 1-866-GO-NEWPA / 1-866-<br />

466-3972 or ReadySet Succeed@newPA.com<br />

PENNSYLVANIA DEPARTMENTS<br />

Opportunity <strong>Grant</strong> Program – Provides grant funds to create<br />

or preserve jobs within the Commonwealth. Projects must offer<br />

substantial economic impact; 4:1 private match required.<br />

Pending legislation will consolidate this program into PA First.<br />

<strong>Pennsylvania</strong> Accessible Housing Program (PAHP) – Provides<br />

grants to local entities to carry out home modification<br />

programs that will enable low-and moderate-income persons<br />

with physical disabilities of all ages to make their home more<br />

accessible. No minimum or maximum; grants average $250,000.<br />

This program has been consolidated under Keystone Communities<br />

Program.<br />

<strong>Pennsylvania</strong> Capital Access Program (PennCAP) – Loan<br />

guarantee through participating banks to be used to support a<br />

wide variety of business purposes. It is used for land, building,<br />

equipment, working capital. Guaranteed loans up to $500,000.<br />

Contact – 1-866-GO-NEWPA / 1-866-466-<br />

3972 or ReadySet Succeed@newPA.com<br />

Contact – 1-866-GO-NEWPA / 1-866-466-<br />

3972 or ReadySet Succeed@newPA.com<br />

Contact – Participating banks. Check with<br />

DCED on banks in your region. 1-866-GO-<br />

NEWPA / 1-866-466-3972 or ReadySet Succeed@newPA.com<br />

PA <strong>Grant</strong> & <strong>Resource</strong> <strong>Directory</strong><br />

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