Urban Development Fund
Important features of this funding option:
Up to 40% of total project cost
• Maximum loan amount $250,000
• Minimum loan amount $25,000
Maturity: Up to 5 years for working capital, up to 7 years for equipment and up to 15 years for leasehold improvements; term not to exceed that of the private lender.
Who is eligible for this funding option?
Manufacturing; Commercial & industrial; Advanced Technology; Real estate development companies; Non-profit CDC’s engaged in business development projects
Range of funding: $25K to $250K
Contact: Center for Innovation and Entrepreneurship
Contact Phone: 412-255-6547
Website URL: www.ura.org
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