Pennsylvania Governor Administration Announces First Round of COVID-19 Working Capital Access Program Funding

The Pennsylvania Department of Community and Economic Development (DCED) Secretary Dennis Davin announced that 126 companies in 30 counties have received approved funding through a new program developed under the Pennsylvania Industrial Development Authority’s (PIDA) Small Business First Fund, the COVID-19 Working Capital Access Program (CWCA), totaling more than $10 million.

A list of approved projects can be found here.

PIDA staff continue to review submitted applications for approval and are actively working with DCED’s Certified Economic Development Organizations (CEDOs) to disburse CWCA loan funds at the time of approval. Information on future awardees will be released as it becomes available. 

DCED continues to update its website with financial and other resources