Pennsylvania: A Hub for Innovation and Design
Pennsylvania is home to 12.9 million residents and boasts a $930 billion economy, ranking among the top U.S. states for business and innovation. With a strong foundation in manufacturing, architecture, engineering, and life sciences, PA offers fertile ground for companies driving research, development, and sustainable design.
Key Industries
- Architecture & Engineering: Over 409 architecture firms and 64,000 professionals in design and engineering services.
- Manufacturing: Nearly 15,000 firms, contributing $41 billion in annual wages.
- Life Sciences & Technology: Southeastern PA is a leading hub for biotech and tech-driven R&D
Main Incentives
EPSA USA specializes in helping businesses leverage:
- Pennsylvania R\&D Tax Credit
- Annual cap: $60 million, with $12 million reserved for small businesses
- Credits can be sold or assigned for added flexibility
- Section 179D Deduction
- Significant savings for energy-efficient building design projects
- Additional Grants & Programs
- Targeted support for innovation in manufacturing, architecture, and sustainable technologies
Keyfigures
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~12.9 M
People in PA
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~15,000
Manufacturing Firms
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~409
Architecture Firms
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~64,000
Employees in the Architecture & Engineering workforce
Timeline of PA State R&D Credit
Apply
Application window: August 1- December 1
Review
Applications are reviewed after December 1 deadline.
Approval
May 1st of the following year, the Department of Revenue issues approval and credit certificates.
Claim or Transfer
Apply credits to your tax return or sell/assign for liquidity
Credits carry forward for 15 years
Credits carry forward for 15 years
Partners in PA
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