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Innovate in PA

civic

Jul. 11, 2013 12:30 pm

$75M+ in state tech investment to come with trimmed ‘Innovate in PA’ passage

A total of $100 million in tax credits can be auctioned off in a deal aimed at boosting state-backed early stage capital in Pennsylvania thanks to the trimmed down passage of the ‘Innovate in PA‘ program that was signed by Governor Corbett Tuesday.
civic

Jun. 27, 2013 12:30 pm

Innovate in PA state legislation to raise $157.5M for tech industry may stall

The bill, named "Innovate in PA" and being pitched as a "job creation bill," proposes selling $225 million in tax credits for at least 70 percent face value to raise money for state-backed economic development groups. But it's getting sidelined in a state senate committee.

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