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Attracting Quality Employers to Northeastern Pennsylvania!

Financial Resources & Incentives

Northeastern PA, along with the Commonwealth of Pennsylvania, 

want to make it easy for businesses to establish operations in our region.


Local and state governments have created dozens of programs, grants 

and loan opportunities to assist almost every type of business!


The Pennsylvania Business One-Stop Shop is PA's resource for planning,

registering, operating, and growing a business in Pennsylvania.



Ben Franklin Technology Partners Challenge Grant

Provides funds to businesses through the four Ben Franklin Technology Partners for access to capital, business expertise, technology commercialization services to advance the development of new technologies and for the generation, conservation, and transportation of alternative and clean energy.


Business in Our Sites Grants/Loans (BOS)

Empowers communities to attract growing and expanding businesses by helping them build an inventory of ready sites.


Job Creation Tax Credits (JCTC)

The Job Creation Tax Credit Program (JCTC) helps eligible employers offset various Pennsylvania business tax liabilities. A $1,000-per-job tax credit to create new jobs in the state within three years.


Keystone Innovation Zone (KIZ) Tax Credit Program

An incentive program that provides tax credits to for-profit companies less than eight years old operating within specific targeted industries within the boundaries of a Keystone Innovation Zone (KIZ).  With a total pool of up to $15 million in tax credits available to KIZ companies annually, the KIZ tax credit program significantly contributes to the ability of young KIZ companies to transition through the stages of growth.


Keystone Opportunity Zones (KOZs)

KOZ's provides certain state and local tax abatement to businesses and residents locating in designated zones.


Pennsylvania Economic Development Financing Authority (PEDFA) Tax Exempt Bond Program

Tax-exempt bonds, both in pooled transactions and stand-alone transactions, may be used to finance land, building, equipment, working capital and (in some cases) refinancings.


Pennsylvania Economic Development Financing Authority (PEDFA) Taxable Bond Program

The PEDFA Tax Exempt Bond (PEDFA) program assists in financing land and building acquisition, machinery and equipment acquisition and installation, as well as renovations and new construction.

Pennsylvania First Program (PA First)

Pennsylvania First (PA First) is a comprehensive funding tool to facilitate increased investment and job creation within the commonwealth. The program assists businesses, municipalities, and Industrial Development Corporations (IDCs), which intend to create or retain a significant number of jobs and make a substantial investment within Pennsylvania.


These businesses can receive support in the form of grants, low interest loans, and loan guarantees for job training, property acquisition, site preparation, land and building improvements, purchasing or upgrading machinery and equipment, infrastructure, environmental assessments, job training, and working capital.


Pennsylvania Industrial Development Authority (PIDA)

The PIDA provides low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs and for the development of industrial parks and multi-tenant facilities.  Loan applications are packaged and underwritten by a network of certified economic development organizations (CEDOs) that partner with PIDA to administer the program.



Created by the Department of Community & Economic Development and made available through the Workforce and Economic Development Network of Pennsylvania – WEDnetPA – the program provides qualified employers training funds for new and existing employees.


More Funding Opportunities:

To find more programs to help your business in the state of Pennsylvania visit the Pennsylvania Department of Economic Development's website at



Ben Franklin Technology Partners 

Ben Franklin provides funding, business and technical expertise and access to a network of innovative, expert resources to both early-stage and established companies.

NEPA Business Finance Center

The NEPA Business Finance Center, through its pool of federal, state and local funds, provides low-interest loans to qualified small businesses. Interest rates range from 1% to 4% and are fixed throughout the term of the loan — regardless of any upward movement in prime lending rates.

Standard Loan Programs:

Appalachian Regional Commission Loans
USDA Rural Development Loans
Economic Development Administration Loans
Pennsylvania Industrial Development Authority Loans

Micro-Loan Programs:

USDA Rural Development Micro-Loans
Lackawanna County Industrial Development Authority Micro-Loans


SBA 504 Loan Program

Business owners can receive long term, fixed-rate financing at reasonable interest rates.

The SBA 504 Loans offers:

  • Long Term Financing
  • Competitive, Fixed Interest Rates
  • Low Down Payments
  • Some 504 Benefits
  • Down payments as low as 10%
  • Financing tailored to meet borrower’s needs
  • Conserves working capital for operations
  • 10 or 20 year fixed rate financing
  • Consistent monthly payments


Serves Carbon, Lackawanna, Luzerne, Monroe, Pike, Schuylkill, Susquehanna, Wayne and Wyoming.

MetroAction specializes in providing term loans to start-up and expanding businesses. Our loan programs were developed to be flexible as it pertains to credit, collateral requirements and credit scores. In addition, MetroAction can partner with a local bank or lending institution to provide a complete loan package.

MetroAction Small Business Loan Program

Amount: $2,500-$75,000
Terms: Up to 5 years. No prepayment penalty.
Interest Rates: Range from 7.00% – 8.79%, fixed for the term of the loan.
Loan Use: Funds can be used for working or start-up capital, to purchase or upgrade equipment, increase inventory, renovate a business and much more! Our funds cannot be used for personal use.

MetroAction Luzerne County Small Business Loan Program

Amount: $2,500-$100,000
Terms: Up to 10 years. No prepayment penalty.
Interest Rates: U.S. Treasury with a 10 year maturity plus 1% and is fixed on the date of closing
Loan Use: Funds can be used for working capital, real estate acquisition and construction, equipment purchases and upgrades, environmental compliance, and pollution control and prevention. Only Businesses located in Luzerne County are eligible for this loan program.



Lackawanna County's Land Development and Construction Fee Waiver Program

A job-creation incentive program targeted toward businesses looking to expand or relocate operations in Lackawanna County.


  • Lackawanna County will reimburse a portion of all municipal fees and construction permit expenses for businesses creating 10 permanent, full-time jobs in the county.
Luzerne County’s Employment Incentive Loan Program

The goal of Luzerne County’s Business Development Program is to create improved employment opportunities while strengthening the labor market through job training opportunities.

  • In order to receive a loan under this program, the business must demonstrate a positive direct impact on the community in which it is located, on residents of that community, or on the local and/or regional economy.
  • The applicant must demonstrate the need for assistance through the program and commit to creating employment opportunities that meet the job creation incentives.
  • Loan funds are available for eligible businesses at an interest rate of 1.5% for terms of 7 or 15 years. The County can finance up to 50% of the eligible project costs.
  • Monthly repayments of principal will be required for the term of the loan.
  • County funds will be secured by a letter of credit from a financial institution.
  • Funding will be provided for land and/or business acquisition, construction/renovation activities, purchase of machinery and equipment, and professional and financial fees.
  • Funding may also be obtained for working capital by manufacturing firms.


To view the details of the program or for more information, please visit



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