Business Funding Solutions in Pennsylvania
CAEDC’s funding solutions includes the following elements:
- Project Understanding – CAEDC works closely with our clients to gain a complete understanding of the project in order to best achieve their desired outcomes. Discussions with key stakeholders include the project concept, proposed execution, the budget, and progress monitoring including expected milestones.
- Identify Potential Funding Sources –CAEDC will identify all potential sources of local, state, and federal funding that could be utilized for the project.
- Analyze Funding Options – CAEDC prioritizes funding based on key factors, such as availability of funding, eligible uses, and project schedule.
- Develop Project Narrative –CAEDC prepares a project narrative to provide an overview of the client, project description, key benefits of the project, and economic impacts.
- Identify and Communicate with Project Stakeholders – CAEDC will outreach with elected officials, local and state economic development officials, and funding program managers.
View CAEDC’s wide variety of financing and grant programs to meet your specific project needs.
Program Application Development
Once CAEDC has decided to pursue a particular program, CAEDC:
- Prepares entire application and other required supporting documentation
- Submits application to appropriate program administrative office.
- Identifies legislators and other stakeholders – Public outreach
Program Administration – Post Award
After an award has been secured, CAEDC manages the drawdown of funds, monitors loan or grant compliance, and executes audit requirements.
Government Relations
Economic development projects, utilizing public financing & funding, require a comprehensive approach. CAEDC offers government affairs services in support of projects that require community and/or governmental support. Beginning with initial stakeholder assessments and engendering public support for a project, we monitor funding programs, manage the applications process, and provide direct governmental advocacy. As your economic development partner, CAEDC’s goal is to maximize the likelihood of success in obtaining stakeholder support and/or public financing of your project.
