(To read more on the debt and equity markets, click here.)

ERIE, PA-Gov. Ed Rendell has provided an aggregate of $17 million in grants from the Redevelopment Assistance Capital Program to fund five projects here. The largest portion of the funding, $6.5 million, will help complete the $100-million Erie County Convention Center, which calls for a 135,000-sf exhibition facility, a 200-room hotel and a 300-vehicle parking facility along the Downtown bayfront.

Another $4 million in RACP funds have been awarded for development of the Erie Technology Incubator at Gannon University. This is a joint project between the university and the Greater Erie Industrial Development Corp. designed to house high-tech startup companies.

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