Shapiro Administration Allocates $15M to Support PA Small Businesses

Pennsylvania's $15 Million Boost for Small Businesses

In a significant move to bolster the economic landscape of Pennsylvania, the Shapiro Administration has earmarked $15 million to support small businesses throughout the state. This initiative, a part of the Historically Disadvantaged Business Assistance Program, is set to launch ten new micro-grant programs aimed at providing much-needed financial aid.

The primary goal of this investment is to ensure that small businesses, particularly those that have been historically marginalized, receive direct financial support. These micro-grants are expected to play a crucial role in helping these businesses thrive in a competitive market. The Shapiro Administration is keen on "ensuring small businesses across the Commonwealth have the support they need to grow and succeed," a commitment they have emphasized in their recent announcements.

This investment comes as a part of a broader strategy to enhance economic development and community growth in Pennsylvania. By focusing on small businesses, the administration aims to create a more inclusive economic environment that benefits a wider range of entrepreneurs and business owners.

For more information on this initiative and to stay updated on how it unfolds, visit the PA Department of Community & Economic Development.