Opportunity Fund
PURPOSE
Provides grant funds to companies or on behalf of companies that will create or preserve jobs within the Commonwealth. The program is intended to deal with significant projects that offer substantial economic impact either for the Commonwealth as a whole or for the locality or region in which the company will locate. Opportunity Grant funds may be used to finance job training, infrastructure, land and building improvements, machinery and equipment, working capital and environmental assessment and remediation. This program is marketed exclusively through the Governor’s Action Team. Requires creation or preservation of 100 full-time jobs located in communities or counties suffering from severe economic distress; or provide a substantial number of new employment opportunities within a high-growth industry.
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