Financial Incentives, Assistance & Grants

Public financing from state agencies may be available to help with working capital, building acquisition, equipment purchase, and other financial needs. Several financing programs are available through the Pennsylvania Department of Community and Economic Development . Visit the Financial Incentives section of PA Open for Business for more information.  The U.S Small Business Administration can also help identify federal public loan programs

Grant money for business start-ups is extremely limited. For help in identifying traditional and non-traditional financing options to start a business, contact your local Small Business Development Center .

The Employment Incentive Payment (EIP) program offers tax credits to employers who hire workers who are qualified cash welfare recipients or vocational rehabilitation referrals. 

The Welfare to Work (WTW) tax credit is offered to employers who hire long-term welfare recipients. 

The Work Opportunity Tax Credit (WOTC) provides employers tax savings as an incentive to hire job seekers with barriers to employment. 

Visit the Financial Incentives section of PA Open for Business to obtain more information about these tax incentives.