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Pennsylvania Industrial Development Authority

Pennsylvania Industrial Development Authority

Harrisburg, Pennsylvaniadced.pa.gov

Overview

The Pennsylvania Industrial Development Authority (PIDA) is an independent authority that provides low-interest loans and lines of credit for eligible businesses in Pennsylvania. The program aims to stimulate job creation and retention through financing for land and building acquisition, construction and renovation, machinery and equipment purchases, and working capital. Loan applications are administered through a network of local certified economic development organizations (CEDOs). Eligible industries include manufacturing, industrial, agriculture, research and development, hospitality, and others.

Portfolio Companies

4

Investments

CompanyDateStageLead
Maola Local DairiesMar 2024DebtCo-investor
AstroboticNov 2023DebtLead
iDEAL SemiconductorAug 2022DebtCo-investor
BrightFarmsOct 2020Series ELead

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
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2026

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FAQ

Firmographic Details

HeadquartersHarrisburg, Pennsylvania
Year FoundedN/A

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.