Venango county economic development authority - FY23 congressional community project funding

The Venango County Economic Development Authority received a $600,000 Congressional Community Project Funding grant from the U.S. Small Business Administration (SBA) Office of the Chief Operating Officer. This Project Grant, awarded on August 1, 2023, will support small business development and entrepreneurship initiatives in Franklin, PA through February 28, 2025. The funding is provided through the SBA's Congressional Grants program (CFDA 59.059), which aims to foster small business growth and job creation through programmatic and construction activities. Additionally, the authority has previously received sub-awards from other federal agencies, such as the Department of Commerce and the USDA, to support economic development efforts in the region, including the renovation of a historic building to accommodate business expansion and the establishment of a business incubator and innovation center.