APPLICATIONS OPEN!

by PIDCphila
August 29, 2018

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Check out opportunities for businesses and neighborhood development from our partners at the Commonwealth of PA! Applications are now open for the Small Business Advantage Grant and Neighborhood Assistance Program. See details below.
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Small Business Advantage Grant
The Pennsylvania Department of Environmental Protection’s Small Business Advantage Grant provides 50% matching grants, up to a maximum of $9,500 to enable Pennsylvania small businesses to purchase energy efficient or pollution prevention equipment, or adopt waste reduction processes. Pennsylvania-based businesses with 100 or fewer full-time employees are eligible. Eligible applications are considered on a first-come, first-served basis, and must save the small business a minimum of $500 and at least 25% annually in energy consumption or pollution prevention related expenses (Natural Resource Protection projects are exempt).
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Neighborhood Assistance Program
The Pennsylvania Department of Community & Economic Development Neighborhood Assistance Program (NAP) is a tax credit program to encourage businesses to invest in projects which improve distressed areas. A project must serve distressed areas or support neighborhood conservation. Projects must fall under one of the following categories: affordable housing programs, community services, crime prevention, education, job training, or neighborhood assistance. A tax credit of up to 55% can be awarded.
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