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PA Open STATE-PA-PA-32565F78E8045CA8F7F8791A15089D45

New PA Venture Capital Investment Program

Pennsylvania Department of Community & Economic Development (DCED) · Competitive grant · Economic Development

At a glance

New PA Venture Capital Investment Program is a Pennsylvania state competitive grant from Pennsylvania Department of Community & Economic Development for the economic development sector. Eligible applicants: See the official DCED programme page; most programmes require a Pennsylvania-based business, municipality or economic development partner. Applications are accepted on a rolling basis. Apply via the official listing at dced.pa.gov.

Amount
See listing
Deadline
Rolling
Type
Competitive
Status
Open

About this program

New PA Venture Capital Investment Program - PA Department of Community & Economic Development New PA Venture Capital Investment Program GuidelinesContact Us Overview Loans to venture capital partnerships to invest in growth-stage PA companies. Uses Investment in young job-producing companies; Investments must be made in underserved areas of PA, defined as outside the Phila. MSA and those with populations below 1 million. Eligibility Venture Capital Investment Firms Funding To be determined by the Commonwealth Financing Authority. Purpose of Funding Working Capital Terms Refer to the program guidelines. How to Apply Refer to the program guidelines. FAQs What exactly is the New PA Venture Capital Investment Program? The Program is a $60 million fund designed to provide loans to venture capital companies looking to make investments in companies located in the Commonwealth. It will allocate...

Who can apply

See the official DCED programme page; most programmes require a Pennsylvania-based business, municipality or economic development partner.

How to apply

Apply through the official DCED programme page linked below; several programmes are administered via regional partners such as Ben Franklin Technology Partners.

Apply at official source