Yesterday, Governor Wolf announced a $225 Million grant program for Pennsylvania small businesses that have been impacted by Covid-19.
This funding comes from the $2.6 Billion of federal CARES Act available to the Commonwealth of Pennsylvania.
The Department of Community and Economic Development (DCED) will oversee three funding options available to eligible businesses, while Community Development Financial Institutions (CDFIs) will distribute the grants to eligible businesses.
Use the link to review the Governor’s Press Release on the new program. We should talk soon if you believe this program might be of value to you. We will keep you informed as we learn more about the program. If PAOLMA Members need help please have them contact me.
All the best!!