2011-12 Pennsylvania Grant & Resource Directory
2011-12 Pennsylvania Grant & Resource Directory
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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