Opportunity Grant Program

Grant funds to create or preserve jobs within the Commonwealth.

Guidelines

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.