The Progress Authority provides economic development technical assistance to address the needs of business. Its staff of highly motivated professionals has established a track record of excellence in working with businesses. We have had great success in leveraging incentive grant programs with low-interest loan financing to provide attractive financing packages for business development projects, infrastructure upgrades and workforce development programs. The Progress Authority also provides a direct, experienced link between businesses and local, state, and federal funding sources and regulatory agencies.
The Progress Authority can trace its roots to the Pennsylvania Enterprise Zone program. Our organization now manages Enterprise Zones in both Bradford and Susquehanna Counties, and this has provided us with local resources for business Dry Kiln development. The Progress Authority administers a local low-interest Revolving Loan Fund that helps to stimulate private investment in business development projects. Our RLF application form can be found under programs to the right.
In addition to the Progress Authority Revolving Loan Fund, an abundance of programs exist to support businesses in our community. The following links detail selected federal, state, and local agencies that have provided funding and support to economic development projects in Bradford and Susquehanna Counties. Additionally, Progress Authority staff members are happy to review potential projects and work to match up appropriate funding sources.