Erie County Gaming Revenue Authority (ECGRA)Founded in February 2008, ECGRA was established by Erie County government to administer Erie County’s share of gaming funds from the Commonwealth’s Department of Revenue.
A grant-making organization, ECGRA’s mission is to catalyze the nonprofit sector toward economic and community development. Grants are made in four key areas:
- Economic Development
- Lead Assets
- Regional Assets
- Historic investments in small businesses to two revolving loan funds, the Erie Innovation Fund and the Start, Grow & Prosper Initiative, totaling over $2.2M
- Investment in the region’s special events and community & lead assets of more than $1M
- Municipal investment for public safety, infrastructure, and facilities over $5M
- Collaboration with the Erie Community Foundation to support social service agencies with $250,000
- Total money at work in Erie County: Just under $20M
Perry N. Wood
Diane K. Kuvshinikov
Erie County Gaming Revenue Authority
5240 Knowledge Parkway, Suite A
Erie, PA 16510
Start, Grow, Prosper InitiativeThe Start, Grow, Prosper Initiative is a collaboration of the Erie County Gaming Revenue Authority (ECGRA), Ben Franklin Technology Partners of Central & Northern PA, the Economic Development Corporation of Erie County and the Gannon University Small Business Development Center (www.sbdcgannon.org).
The Initiative was seeded with a $1.65 million dollar grant from ECGRA in October of 2010. The purpose is to provide assistance and financing to small businesses starting up and expanding through a suite of options designed to target job creation in Erie County. Financing options include:
- Micro-loans up to $25,000
- Working capital, machinery & equipment, real estate acquisition up to $250,000
Barbara Ward, Business Consultant
Gannon University SBDC, Ward018@gannon.edu
Ph (814) 871-7204
Cell (814) 882-7343
Fx (814) 871-7383
Erie Innovation FundThe Erie Innovation Fund is a partnership between the Erie County Gaming Revenue Authority (ECGRA) and the Ben Franklin Technology Partners of Central & Northern PA. The purpose of the fund is to increase business growth in Erie County by making additional investment capital available to local technology entrepreneurs as well as established companies/manufacturers looking for new market opportunities. The Erie Innovation Fund invests up to $250,000 in two types of companies:
- Erie County-based, early stage, tech-based companies (typically pre-revenue) that can provide a concrete plan for the development and commercialization of a technology that will likely result in increased competitiveness along with the creation and retention of jobs.
- Erie County-based, established companies/manufacturers, with less than 500 employees, that have a concrete plan to develop a new product or process that will likely result in increased competitiveness along with the creation and retention of jobs.
To learn how your business can benefit, contact:
Liz Wilson, Director of Marketing
Ben Franklin Technology Partners CNP
Ph (814) 898-6541