Non-qualifying expenses include fees for securing other financing, interest on borrowed funds, refinancing of existing debt, lobbying, fines, application preparation fees, and costs incurred prior to the approval of PIPE grant funds.
Eligible applicants include businesses, economic development organizations, hospitals, municipalities, and school districts. There is a nonrefundable $100 application fee, and the first PIPE approvals are expected to be in early 2017. For additional information and requirements for PIPE applications, please visit http://dced.pa.gov/programs/pipeline-investment-program.
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