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EPA’s Jackson: Valley is ‘revitalizing’
By Steve AlthouseLisa Jackson, EPA Administrator Some people say you are the company you keep. If so, then the Lehigh Valley Land Recycling Intiative is keeping some company. During her address Monday at the 2011 National Brownfields Conference, EPA Administrator Lisa Jackson gave an awesome speech about how important the remediation of brownfields sites are as an engine to spurring economic growth and creating a better quality of life in our communities. Talk about some serious passion READ MORE…
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Prospect alert keeps companies up-to-date
By Steve AlthouseOne of LVEDC’s most important functions is to showcase regional development opportunities to prospective companies. As a way to keep the broker, developer and business community up to date, Regional Development Manager Jarrett Witt has developed the LVEDC Prospect Alert. READ MORE…
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Status is important
By Holly EdingerLast summer 11 organizations came together to apply for a grant through the U.S. Department of Housing and Urban Development (HUD). The grant program was the Sustainable Communities Regional Planning Grant. This grant was one of a few programs that are made possible through the federal Office of Sustainable Communities, a historic collaboration among HUD, U.S. Department of Transportation, and the U.S. Environmental Protection Agency. Locally, the 11 partners applied through the Lehigh Valley Economic Development Corporation as the Lehigh Valley Sustainability Consortium (LVSC). READ MORE…
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Entrepreneurs take note
By Steve AlthouseIt’s not easy starting out as an entrepreneur. For one thing you’re probably tight with cash and high on responsibilities. Not to mention your living room can’t double as your “world headquarters” forever. The Allentown Economic Development Corporation, one of LVEDC’s partners, wants to change that by offering high-tech communal entrepreneurship that will foster a community of innovators who can prosper collectively and individually. AEDC is opening a new communal working space at its Bridgeworks Enterprise Center at 10th and Harrison streets. Check out more here.
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Business resource expo is March 20th
By Steve AlthouseLVEDC is partnering with the U.S. Small Business Administration to present the Lehigh Valley Lender Match and Business Resources Expo. This is a free-of-charge event that will be held on Tuesday, March 20th from 5 to 9 p.m. at the ArtsQuest Center at Steelstacks, 101 Founders Way, Bethlehem. The event will allow entrepreneurs a series of 10-minute periods to pitch their financing needs to a variety of lenders in one-on-one meetings. Lenders interested in working with a prospective borrower will then schedule a follow-up meeting where a more-detailed interview will occur. At this time, the respective bank’s loan process will begin. The intent of this Lender Match Program is to enable interested borrowers to quickly meet with a number of lenders to gauge interest in their project. The Event’s Business Expo will include business resource displays and networking opportunities. John Kingsley and Judy Yanega from LVEDC’s Loan Division will be at the event to help with any questions you may have. To register to this free-of-charge event please follow the link below: http://events.sba.gov/eventmanagement/EventRegistration.aspx?id=b4e6c9aa-0720-e111-86ff-02bfa56e2a24
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School offers entrepreneurship program
By Steve AlthouseThe Baker Institute at Lehigh University has recently developed a Master’s in Technical Entrepreneurship program that will launch later this spring. Classes focus on innovation and new-venture creation, which supports the development of novel, innovative and commercially-viable technologies. The school is hosting an open house at 4:30 p.m. on April 4th at the Wilbur Powerhouse. To learn more about the Master’s In Technical Entrepreneurship program, please click here.
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Fair Housing Summit set for April 26
By Steve AlthouseThe future of the Lehigh Valley’s housing avaliability is not only a salient issue, but one that ultimately impacts our region’s quality of life for all residents. The Building a Fair and Affordable Lehigh Valley Summit on April 26th will attract all sectors of the housing industry, government and public. The group will examine issues such as zoning, fair housing for people with disabilities, lending, planning and zoning for inclusive communities. Event: Fair Housing Summit: Building a Fair and Affordable Lehigh Valley Time: 9:30 a.m. through 3:45 p.m. Date: Thursday, April 26 Location: The Holiday Inn, Ninth and Hamilton streets, Allentown This summit is the result of the combined efforts of the cities of Allentown, Easton, Bethlehem, Northampton County, North Penn Legal Services, KNTB Bank and various other interested individuals. The seminar features Jane Vincent, Regional Administrator for the Department of Housing and Urban Development’s Philadelphia Region and Michael Allen, Esq. a civil rights expert. For more information and registration click here.
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OMWOB seminar scheduled for April 25th
By Eduardo EichenwaldThe LVEDC Office of Minority and Women-Owned Businesses is hosting an event that will help grow your business amid a changing and challenging economy. Join OMWOB for a one-hour seminar titled “Effective Interviewing, Assessments and Hiring” followed by a panel discussion with representatives from LVEDC’s internship programs, Lehigh Valley SHRM, the Workforce Investment Board, and the Office of Vocational Rehabilitation on local resources for effectively staffing and growing your business. The event is sponsored by Penn State Lehigh Valley and the Sands Casino-Resort in Bethlehem. Location: Penn State Lehigh Valley 2809 Saucon Valley Road Center Valley Date: April 25th Agenda: 3 to 3:30 p.m. – Networking and registration 3:30 to 4:30 p.m. – Seminar 4:30 to 5:30 p.m. – Panel discussion Cost: $20. There is no charge for LVEDC investors or OMWOB directory members. To register, please call Eduardo Eichenwald at 610-266-2216 or email him at eeichenwald@lehighvalley.org
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D.E.P secretary to address Marcellus Shale
By Steve AlthousePennsylvania Department of Environmental Protection Secretary Michael Krancer will be the keynote speaker at an upcoming seminar entitled “Marcellus Shale: Pennsylvania’s Present & Future Needs/Issues/Impact. The event will start at 1 p.m. on April 20th Room 101 of the Packard Laboratory on the campus of Lehigh University. Sec. Krancer was nominated by Gov. Tom Corbett to head the D.E.P. and he was confirmed by the Pennsylvania Senate on April 26, 2011. Prior to his position as the secretary, he was a judge on the Pennsylvania Enviornmental Hearing Board. For more information on this event, please contact The Office of Interdisciplinary Programs at 610-758-3996 or by emailing incasip@lehigh.edu
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Statement on the Neighborhood Improvement Zone
By adminLVEDC statement on the Neighborhood Improvement Zone, issued April 18th, 2012 The Lehigh Valley Economic Development Corporation began its life in 1995 as a regional marketing organization, promoting the best development sites that the Lehigh Valley has to offer. That remains a prime function. Recently, as a result of broad input into our new strategic plan, we have grown to encompass critical new functions such as enhancing urban development and sustainable development, improvements that will help attract and retain the best and the brightest of the young generation. Rarely does the opportunity arise to combine these things in a complete way yet the Allentown Neighborhood Improvement Zone (NIZ) provides exactly that opportunity. It is a project that will transform Allentown and in the long term enable the entire Lehigh Valley region to rise to new levels of economic success. LVEDC is committed to adding to the collective wealth of the region by working with private-sector partners to market NIZ sites and benefits to companies OUTSIDE OF the Lehigh Valley, as we do for all quality development sites in the region. The NIZ brings an exciting addition to the menu of sites and programs we have to market and is another arrow in our quiver to compliment programs such as Keystone Opportunity Zones, Keystone Innovation Zones, Foreign Trade Zones and Governor’s Action Team incentives. Regional cooperation is never easy but because the Lehigh Valley has met previous challenges it has a burgeoning reputation for being up to the task. It has never been more important to work together and turn into reality the cliché that a rising tide lifts all boats. When these efforts succeed, and they will, it adds to the positive image of our region as an area that continues to proactively reshape its economy in constructive and creative ways. For our metropolitan area to be viewed nationally as a success and a desirable place to locate, the downtowns must be a success. The NIZ is a once in a lifetime opportunity to revive Allentown’s downtown and it is essential that we work together to make it happen and maximize the regional benefits it will bring to our region’s reputation and to economic prosperity.
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SBKIZ company moves to the head of the class
By Steve Althouse 3/15/2012 2:37pmGoodSemester is a company on the move. The Lehigh Valley Economic Development Corporation’s Keystone Innovation Zone client is the brainchild of CEO Jason Rappaport, an ambitious and innovative Lehigh University student, who has used his own ingenuity to expand upon tradition. GoodSemester developed a new class of learning software built from the ground up around the collaborative web. Its aim is simple: Improve education at colleges and universities everywhere across the fruited plain and the world by creating an academic social network that uses the latest technology to enhance learning. Rappaport along with lead developer Scott Smallback and Vice President of Sales David Gritz are helping universities operate more effectively by creating a one-stop virtual community for professors to hold discussions, review coursework and issue grades. By creating an organized and searchable knowledge repository for course notes and student projects to enable a more productive use of academic resources as an economic resource, GoodSemester has moved to the top of the class. The latest development is the unveiling of the company’s new API (application programming interface) at the first-ever Lehigh Valley Hack 2012, which kicks off March 30that Ben Franklin Tech Ventures. API is something that will allow anyone to easily create apps that utilize GoodSemester’s core features. It will let anyone build powerful education services quickly, using the same tools used by GoodSemester. “The Lehigh Valley Hack 2012 is our first foray into API development,” Rappaport says. “For the first time ever, developers will be able to rapidly create incredible apps for education that utilize the powerful features we’ve developed forGoodSemester.” It represents a turning point for the company. “We’re not just a service companyanymore,” he adds. “Now we’re a platform. We’re finally going to be the operating system for education and help people easily create amazing new services that transform the classroom. That’s huge.” The Lehigh Valley Economic Development Corporation’s KIZ program helped GoodSemester in its formative stages with a grant that enabled Rappaport to attend his first trade show and build their first and only promotional video. The video proved indispensible in promoting the product. “Without the KIZ grant, there might not have been any means to marketing GoodSemester,” he notes. At the hack event, Rappaport will unveil the developer preview of their API. They’ll demonstrate how you can incorporate GoodSemester services into their own education apps to make them more interactive or build their own education services wholesale, using nothing but GoodSemester technology and a little good old-fashioned ingenuity. For more information about the Lehigh Valley Hack 2012 event, please click here.
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Don’t leave money on the table
By Steve Melnick 3/7/2012 2:52pmYou may be missing an opportunity to enhance your business. The Keystone Innovation Zone will be hosting a free tax credit seminar presented by MVM Associates of Fort Washington, Pa. TIME: 10 a.m. WHEN: Wednesday, March 14 WHERE: Northampton Community College Third floor, room 305 511 E 3rd St, Bethlehem, Pa. 18015 Credits to be discussed at this seminar include: KIZ Tax Credits Research & Development Tax Credits Job Creation Tax Credits Enterprise Zone Tax Credits and the new Keystone Special Development Zone Plan on attending this seminar and learn how to use these credits to better define your bottom line. RSVP to Steve Melnick smelnick@lehighvalley.org
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LVEDC hiring sustainable development post
By Steve Althouse 2/8/2012 9:53pmThe Lehigh Valley Economic Development Corporation, a 501 (c) 3 non-profit organization, is seeking the following individual: Coordinator, Sustainable Development The coordinator of sustainable development will support the director and the administration of a U.S. Department of Housing and Urban Development Sustainable Communities Regional Planning Grant. Work will include organization of public meetings, grant reporting and financial accounting. The incumbent coordinates monthly meetings of the LV Sustainability Consortium meetings and other committees as they are developed. The coordinator will support the director in data collection to ensure compliance with the contractual agreement with U.S. Department of Housing and Urban Development. Experience in grant administration and/or bookkeeping preferred. PRINCIPAL DUTIES AND RESPONSIBILITIES: Provide general administrative support to director of sustainable development. Track requests for payments and monitor compliance with budget Support implementation of partners responsibilities and contractual obligations In conjunction with director, review and update work plan This position is requires experience in Microsoft Quick Books and general accounting principles. Experience in Microsoft Office is required. Knowledge of contract management and grant administration is preferred. Book keeping experience preferred. Minimum education required is an associate’s degree and three years of work experience is required. Cover letter and resume should be sent to: Ms. Jean Mateff LVEDC 2158 Ave. C, Suite 200 Bethlehem, PA 18017 JMateff@lehighvalley.org
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Attention small business ventures and startups
By Steve Melnick 12/21/2011 9:04pmThe Southside Bethlehem Keystone Innovation Zone recognizes the goal of entrepreneurs or small business owners is to make money. But how many do? We want to make you one of them. You can have your path to profitability reviewed and evaluated by experts as part of the Southside Bethlehem Keystone Innovation Zone Commercial Competition. The winners of the competition will have the opportunity to become Keystone Innovation Zone clients and receive many KIZ benefits. Here are the eligibility guidelines: The competition is for small independent business ventures and startups that operate within the Lehigh Valley and are engaged in business within the broad guidelines of one of the KIZ approved business clusters listed below. - Advanced Materials & Nanotechnology - Life Sciences - Information Technologies & web based businesses - Opto-Micro Electronics - Alternative/Renewable Energy - Financial Services Early Stage Companies – Existing companies eight years old or younger that are engaged in business within one of the above business clusters. Companies have not yet achieved full sustainability. Startup Businesses - Any company with a limited operating history. Companies are generally in their first stage of operations and initially bankrolled by their entrepreneurial founders, as they attempt to capitalize on developing a product or service with a burgeoning demand. Ineligible - Any existing company or idea that has received venture capital financing is ineligible for this competition. Buyouts, expansions of existing companies, real estate syndications, tax shelters, franchises, licensing agreements for distribution in a different geographical area, are also ineligible. AWARDS Cash: First place: $7,500 Second place: $5,000 Third place: $2,500 In-Kind Awards - One year’s free rent in the PI Commercialization Center or other space in the KIZ. This is a $3,000 value - A free consultation with an accountant or bookkeeper for up to two hours. - Free consultation with an attorney for up to two hours. - Office furnishings allowance to$1,000 For a complete rules packet please contact Steve Melnick at (610) 266-7535 or at smelnick@lehighvalley.org Competition entries will be accepted until February 28th.
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LVEDC receives historic $3.4 M grant
By Steve Althouse 11/21/2011 10:10pmMonday, November 21st was a day for the LVEDC record books. Thanks to the collaborative efforts of many talented people and agencies, LVEDC was awarded a historic $3.4 M grant from the United States Department of Housing and Urban Development (HUD) to develop the Lehigh Valley Sustainable Plan during a news conference held at the Community Action Committee of the Lehigh Valley (CACLV) in Bethlehem. The amount was the largest the organization’s ever recevied. As noted above, this was by no mean a solo effort. LVEDC had the cooperation and collaboration of several very talented and important partners throughout the Lehigh Valley whose total efforts produced this regional success. The funding was allocated to the Lehigh Valley Sustainability Consortium, consisting of 11 public and non-profit entities. The Lehigh Valley Planning Commission; Lehigh and Northampton Transit Authority (LANTA); Renew Lehigh Valley (RenewLV); the Lehigh County Department of Community and Economic Development; the Northampton County Department of Community and Economic Development; Wildlands Conservancy and the cities of Allentown, Bethlehem, Easton and CACLV. LVEDC served as the lead applicant. It is not an exaggeration that this intiative will positively impact the quality of life for all Lehigh Valley residents. The LVSC will create a sustainable Lehigh Valley by implementing the Comprehensive Plan The Lehigh Valley… 2030, which meets the definition of a sustainability plan and embodies the six livability principles. LVSC will further the adoption of the plan by promoting adoption of affordable housing policies at municipal level and fostering transit related land development to support public transportation. LVSC will also prepare an Assessment of Jobs/Housing Balance and a Regional Economic Development Plan that promotes sustainability. Throughout the development of the Regional Economic Development Plan and promotion of the Comprehensive Plan LVSC will engage the community through public participation sessions. All types of communities will be targeted in this process to ensure all populations are given voice in direction of the region. The Consortium aims to develop stable, working communities by connecting workers with economic opportunities throughout the region and bringing jobs back to the cities. The opportunity gaps and the distributional inequalities in the region will widen unless addressed by aggressive policy that is both sustainable and transformative. The first step of this process will be an update to the report titled An Affordable Housing Assessment of the Lehigh Valley, 2007 including data associated with Housing in the Lehigh Valley, 2008. This update will direct the implementation strategies of the Lehigh Valley Affordable Housing Effort that is housed at CACLV. The Consortium will foster transit related land development as a key component to creating a more livable Lehigh Valley. LANTA will monitor land development and pursue ordinance changes along priority transit corridors. In addition, LANTA will be a key partner in the development of the regional Comprehensive Economic Development Plan. A Jobs and Housing Study will be developed by LVPC and will be the jumping off point for a Comprehensive Economic Development Plan. This Economic Development Plan will focus on increasing economic competitiveness and improving the relationship between job locations and housing opportunities. An economic model will be employed to create and analyze various economic scenarios as part of this plan. Finally, the region will become more sustainable by fostering three catalytic projects — one each in Allentown, Bethlehem and Easton. These projects will directly improve and support existing communities, and increase the access to jobs for these neighborhoods. Throughout all pieces of the work plan, the Lehigh Valley Sustainability Consortium will engage the communities. By utilizing the resources of CACLV all of the partners in the Consortium will have meaningful input from under represented populations of the two counties.


