Partnerships for Regional Economic Performance (PREP)
The PREP grant funds Pennsylvania regional consortia to deliver integrated business support and innovation services focused on key industry sectors like manufacturing, technology, and life sciences.
Funder: Pennsylvania Department of Community and Economic Development
Due Dates (Anticipated): September 2026 (work plans & budgets) | September 2026 (invoices) | May 15, 2027 (budget revision requests)
Funding Amounts: No set minimum/maximum; prior years ~$7.38M total; awards typically for one-year regional consortia budgets.
Summary: Supports regional consortia of economic development organizations in Pennsylvania to deliver coordinated, customer-focused business development services.
Key Information: Forecasted opportunity—dates and requirements may shift; only one consolidated application per region accepted.
Description
The Partnerships for Regional Economic Performance (PREP) program funds regional consortia of economic development service providers across Pennsylvania to deliver coordinated, client-centered support for businesses and entrepreneurs. By integrating the efforts of Industrial Development Organizations (IDOs), Local Development Districts (LDDs), and Small Business Development Centers (SBDCs), PREP aims to streamline business assistance, foster innovation, and advance Pennsylvania’s Ten-Year Strategic Plan for Economic Development. Eligible activities include technical assistance, training, strategic planning, network integration, and outreach to priority industry sectors such as manufacturing, life sciences, agriculture, robotics, and technology.
