General Info
RACP is a Commonwealth grant program administered by the Commonwealth of Pennsylvania’s Office of Budget for economic development projects.
Location: Philadelphia
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Investment Regions:
Investment Stages: late-stage, pre-seed, seed, series-a
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🤖 AI Activity Report
Status: active
AI Reasoning: Search results show multiple RACP grant awards in 2025 (e.g., press releases in March 2025 and April 2025 announcing RACP grants to local projects including a $6.98M award to a local development project and a $5M grant for Steamfitters apprenticeship expansion). The most recent identified awards occurred within the past 6 months from the reference date, with investments in March and April 2025 (examples include the local project announced by Senator Pisciottano and the Steamfitters program). Therefore the investor has recent activity within the 6-to-3-month window. The startup/project named in a found source: Steamfitters Local 420 Training (expansion project).
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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