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Opportunity Grant Program
Grant funds to create or preserve jobs within the Commonwealth.
Uses:
Machinery and equipment; Working Capital; Job Training; Infrastructure; Land and building improvements; Environmental assessment and remediation; Acquisition of land, buildings and right-of-ways; Site preparation, demolition and clearance
Funding:
Please refer to Section IV - Assistance Limitations - in OGP Guidelines (below).
Eligibility:
Firms, or IDCs and municipalities on behalf of firms, that will create or preserve a significant number of jobs within the Commonwealth; Manufacturing; Industrial; Research and development; Agricultural processors; Export services; Firms establishing a national or regional headquarters
Terms:
Projects must offer substantial economic impact, either for the Commonwealth as a whole or for the locality or region in which the company will locate or expand its current operations; 4:1 private match required; Job creation/preservation requirements
Where to Apply:
Letter of Intent. DCED Center for Business Financing, Grants Division. Opportunity Grant Program Guidelines
Purpose of Funding:
- Environmental Projects
- Infrastructure
- Land & Building
- Machinery & Equipment - Business
- Site Development - Business
- Workforce Development
- Working Capital