Job Creation Tax Credit (JCTC)

Provides a $1,000 tax credit to approved businesses that agree to create new jobs in the Commonwealth. A business must agree to create a minimum of 25 new jobs or new jobs equaling at least 20% of its existing workforce within three years.

Guidelines

For a complete listing of potential economic development incentive programs, please visit www.newpa.com.

Note: Certain programs are subject to funding availability, approval, and job creation requirements. All programs require an application in order to access funds.