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Montgomery County Industrial
Development Corporation

420 West Germantown Pike
East Norriton, PA 19403
610-272-5000 | Fax 610-272-6235

MCIDC Business Financing Programs

BEN FRANKLIN PARTNERSHIP: CHALLENGE GRANT PROGRAM

Descriptions: Supports the development and application of new products, technologies, and ideas among entrepreneurs and established companies. Operates regionally with four centers strategically located throughout the Commonwealth.

Eligibility:

  • Advanced technology
  • Start-ups or existing firms

Eligible Uses:

  • Research and development
  • Technology transfer
  • Joint research and development between private companies and universities
  • Entrepreneurial assistance
  • Training

Where to Apply: Ben Franklin Technology Partners

Amounts: Services and levels of investment vary by region and by the type and developmental stage of the client's firm

Terms/Conditions: Investments, often with payback provisions. Specific terms may vary by region and by type of assistance provided.

 

 

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