Pennsylvania Minority Business Development Authority (PMBDA)
Pennsylvania Department of Community & Economic Development
Who can apply
An eligible applicant is a for-profit business enterprise (other than non-franchised restaurants) that is owned or controlled by one or more socially or economically disadvantaged persons who are residents of this Commonwealth. The disadvantage may arise from cultural, racial, chronic economic circumstances or background or other similar cause. Such persons include, but are not limited to the following: African Americans, Hispanic Americans, Asian Americans, Native Americans, Eskimos, and Aleuts.
About this opportunity
PMBDA program provides low-interest loans to for-profit business enterprises that are owned or controlled by one or more socially or economically disadvantaged persons who are residents of this Commonwealth. Land and building acquisitions; Building construction and renovations; Machinery and equipment costs including acquisition and installation; Working capital Costs.