Businesses looking to get started in Monroe Country have real options to secure funding and become successful. Monroe County offers generous tax incentives, regional investors, and a startup ecosystem.
Ben Franklin Technology Partners
For seed funding, look no further than Ben Franklin Technology Partners. A total of $5 million is available in early-stage funding for vetted businesses, with up to $200,000 available per investment. Schedule a Meet Ben session for more information.
Pennsylvania Angel Network (PAN)
Reach out to a group of 20 angel networks throughout the state and secure funding for your next stage of growth. With nearly 500 individual angels in the network, you’re almost certain to find someone who believes in your organization. Contact PAN today!
Keystone Innovation Zones (KIZ)
Those founding a new company in certain areas of the state and of Monroe County, in particular, are eligible to access a pool of $15 million in tax credits. Companies under eight years old can earn up to $100,000 a year in transferable tax credits, which can provide early-stage funding as you grow your business in Monroe County. Contact Startup Pocono for more information.
Small Business Administration (SBA)
When you’re starting a business, you need all the help you can get. The federal government can help via the Small Business Administration, which offers free counseling and mentorship, guaranteed loans, and even government contracts for businesses just starting out.