Lehigh Valley Economic Development Corporation

atown

LVEDC News

Give the Gift of Easton With Expanded Downtown Merchants Gift Card Program

Colin McEvoy
Administrator

December 19th, 2014
News

It’s the season of giving. And now, it’s easier than ever to give a gift that will also support downtown Easton merchants. The Easton Main Street Initiative is expanding the reach and convenience of its Downtown Easton Gift Card Program, which supports about 50 of the city’s restaurants, shops, attractions and services. Previously only available […]

Read More

Lehigh Valley Early-Stage Technology Companies Receive Boost

Colin McEvoy
Administrator

December 19th, 2014
News

  Ben Franklin Technology Partners of Northeastern Pennsylvania have announced two local early-stage technology companies will receive $115,000 investments to help support regional economic development. The loans are part of the group’s effort to lead the state to a better economic future by building partnerships that develop and apply technology for competitive advantage. Orbweaver Sourcing […]

Read More

Lehigh Carbon Community College Center Launches New Workforce Programs

Colin McEvoy
Administrator

December 19th, 2014
News

The Lehigh Carbon Community College’s Center for Leadership and Workforce Development is launching two new programs aimed at strengthening the business environment of the Lehigh Valley and the state of Pennsylvania. They include a new assessment for businesses that helps with the creation of a cohesive and effective workforce team, and a new three-day course […]

Read More

West Hills Business Center Continues To Grow With Help From TIF

Colin McEvoy
Administrator

December 19th, 2014
News

Last year, the West Hills Business Center in Weisenberg Township made a splash when it was announced that National Freight Industries (NFI) would be moving in, providing warehouse and distribution services for Ocean Spray Cranberries Inc. Now, the $110 million business park is continuing to grow. Two new speculative industrial properties are currently under construction, […]

Read More

Looking Back on a Momentous Year for Allentown, City Center Lehigh Valley

Colin McEvoy
Administrator

December 19th, 2014
News

2014 was a big year for Allentown. After years of anticipation and months of construction, the PPL Center hockey arena opened its doors for the first time in September. The Lehigh Valley Phantoms made their season debut, the Eagles performed the venue’s inaugural concert, and Chickie’s and Pete’s served its first basket of crab fries […]

Read More

Nominations from Businesses Sought for Governor’s ImPact Awards

Colin McEvoy
Administrator

December 19th, 2014
News

The state of Pennsylvania is seeking applications for businesses eligible for the Governor’s ImPAct Awards, which honor companies that have made a substantial impact on the state through job creation or retention. Five Lehigh Valley companies were recognized last year with Governor’s ImPAct Awards. All 2015 nominations must be submitted by January 15 to be […]

Read More

Business of the Year Awards Honor Outstanding Lehigh Valley Companies

Colin McEvoy
Administrator

December 16th, 2014
News

Some of the most accomplished and respected businesses in the Lehigh Valley were recognized last week as part of the third annual Greater Lehigh Valley Business of the Year awards presentation. Nearly 400 attendees came out to Bethlehem’s ArtsQuest Center at SteelStacks for the December 9 ceremony, organized by Lehigh Valley Business and co-sponsored by […]

Read More

Bethlehem CRIZ Could Be a “Game-Changer,” Officials Say

Colin McEvoy
Administrator

December 12th, 2014
News

Within the next 5 to 7 years, Bethlehem Mayor Robert Donchez estimates the city could see up to $800 million in new investment and between 4,000 and 5,000 new jobs. That’s thanks to the City Revitalization and Improvement Zone (CRIZ), a new economic development tool that will allow state and local non-property taxes from newly-established […]

Read More

Shifting Earnings to Workers Will Strengthen Overall Economy

Colin McEvoy
Administrator

December 11th, 2014
News

This column, written by LVEDC President and CEO Don Cunningham, originally appeared in Lehigh Valley Business on Dec. 8, 2014. Each news cycle seems to offer commentary on how the economy is doing. Unemployment is down. Earnings are up. Gas prices are dropping. The headlines offer a helpful framework on the economic big picture but […]

Read More

LVEDC Loans & Interest Rates

Details Here

Type Rate Date
PIDA 2.5% 7/3/14
SBA 504 5.07% (20 years) 7/3/14
SBFF 3.5% 7/3/14
MELF 3.5% 7/3/14