Governance
DCED Funding
This graph
shows funds allocated to the Dept. of Community and Economic Development (DCED)
from the state’s General Fund, by year. This is part of the annual budget
proposed by the Governor and altered or approved by the General Assembly. The
three DCED programs highlighted—the Ben Franklin Technology Partners,
Manufacture PA, and Partnerships for Regional Economic Performance (PREP)—are
central to fostering the Commonwealth’s entrepreneurial community and emerging
technology companies, often providing necessary capital before the private
market can feasibly be expected to step in.
Note re Small Business Assistance/PREP (red
series): In FY 2011, Industrial Development Assistance Local Development
Districts, Small Business Development Centers, and Industrial Resource Centers
were consolidated into Partnerships for Regional Economic Performance (PREP).
Note re Manufacturing PA (green series): In FY 2017-18, the Manufacturing PA line item was created at $12M.
That line includes the Industrial Resource Centers (IRCs). As a result of the
IRCs being moved out of the PREP line item, coupled with the creation of a new
program within the PREP line, the overall appropriation for PREP was reduced by
$2M, but its programs were not negatively impacted.
Source: Pennsylvania Department of Community and Economic Development