Pennsylvania businesses expanding or locating with job creation or retention can apply any time for DCED grants or loans (up to $10,000 per job) toward equipment, training, infrastructure, real estate and working capital.
Discretionary grants and loans for business expansion or location projects that create or retain jobs, covering machinery and equipment, job training, infrastructure, land and building improvements, working capital and similar costs. Assistance may not exceed $10,000 per job projected to be created or retained, and the Department decides whether to award a grant or loan. Applications may be submitted at any time during the fiscal year, subject to available funds.
Businesses (corporations, partnerships, sole proprietorships, LLCs or other for-profit entities); municipalities and development authorities are also eligible
Must, within three years, create or retain 100 full-time jobs, increase Pennsylvania full-time employment by at least 20%, add substantial jobs in a high-growth industry, or create/retain fewer than 100 jobs in a high-unemployment area
Jobs counted must pay base pay of at least $15/hour; project must leverage private investment
Project may not begin before approval
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Money can be used for
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