Pennsylvania Code
Title 12 - COMMERCE, TRADE AND LOCAL GOVERNMENT
Part III - Business Financing
Subpart C - Loans
Chapter 73 - PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY
Subchapter B - STATEMENT OF POLICY
JOB RETENTION PROJECTS
Section 73.211 - General
Universal Citation: 12 PA Code ยง 73.211
Current through Register Vol. 54, No. 44, November 2, 2024
Although PIDA has focused on encouraging new job creation, a need exists to provide financing to industrial development projects which retain quality jobs. If Pennsylvania's economy is to rival the economies of the world's industrialized countries, PIDA must react to the need to make existing Pennsylvania jobs more secure. Even when quality businesses are not creating jobs, their efforts to maintain and improve their competitive edge are essential to Pennsylvania's business vitality. In response to this need, PIDA will finance job retention projects.
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