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LVstartup: How to Go From Rock Bottom to Millions of Dollars

By Colin McEvoy on April 6, 2017

LVstartup is a monthly e-newsletter about the Lehigh Valley entrepreneurial scene.

LVstartup is a monthly e-newsletter about the Lehigh Valley entrepreneurial scene.

Want to know where to find space for your startup in the Lehigh Valley? Or when the best events for entrepreneurs are being held? Or how six entrepreneurs hit rock bottom, then turned disaster and persistence into millions?

All of these and more are featured in the latest issue of LVstartup, a monthly e-newsletter for entrepreneurs and startups in the Lehigh Valley, which is released the first Thursday of each month.

Click here to see a full version of the new issue, and click here if you’d like to subscribe to the e-newsletter.

The April 2017 issue features a roundup of available incubator space in the Lehigh Valley, including such locations as the Ben Franklin TechVentures, Bridgeworks Enterprise Center, Easton coWorks, Pi: Partnership for Innovation, SoBeCoWorks, and Velocity.

It also features stories from the Lehigh Valley startup scene, including two Lehigh University students winning $10,000 for their “smart bracelet,” Pennsylvania Gov. Tom Wolf visiting an Allentown manufacturer, winners from the “What’s So Cool About Manufacturing?” student video contest, and the Colony Meadery winning two medals at the nation’s largest mead competition.

In addition, the issue features various stories of interest to startups, including one from Entrepreneur magazine called “From $0 to Millionaire: How 6 Entrepreneurs Went Broke, Then Became Successful.”

The latest LVstartup also spotlights several upcoming events, including “Manufacturing Momentum in Bethlehem,” the Lehigh Valley Collegiate Business Pitch Summit, a familiarization tour at the Lehigh Valley LaunchBox, and the 2017 Ben Franklin iXchange.

Additionally, LVstartup features a Lehigh Valley startup each month. This issue, the company is the Soltech Solutions, a manufacturer of state-of-the-art LED grow lights, which recently moved to the Lehigh Valley after a comprehensive locations search.

Visit here for a full archive of past LVstartup issues. To see issues from the past six months, click on the links below:

LVEDC’s Entrepreneurship Council of the Lehigh Valley aims to improve the entrepreneurial environment of the region by listening to its entrepreneurs, identifying their unmet needs, communicating regional entrepreneurship initiatives between council members, and connecting local resources to continue the development of new entrepreneurial support initiatives.

LVstartup receives input from various organizations that serves the local entrepreneurial community, including LVEDC, the Baker Institute for Entrepreneurship, Creativity and Innovation at Lehigh University, Lehigh Valley Tech, the Allentown Economic Development Corporation (AEDC), the Bethlehem Department of Community and Economic Development, Ben Franklin Technology Partners, Penn State Lehigh Valley, and others.

State of Lehigh Valley Discussed at 2017 Commercial Real Estate Outlook

With more than 100 million square feet of total inventory, the Lehigh Valley is one of the largest industrial markets on the East Coast, and in the country. That was on[...]

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Lehigh ValleyQuick Facts

  • Industry Spotlight

    13.8% of Labor Force
    Employed in Professional & Business Services
    Q4 2016

  • By the Numbers
    $39.1 Billion

    Gross Domestic Product
    2016

  • Investor Spotlight
    City Center Lehigh Valley
  • Industry Spotlight

    9.8% of Labor Force
    Employed in Manufacturing
    Q4 2016

  • By the Numbers
    $3.44 Billion

    Exports
    2015

  • Investor Spotlight
    Air Products
  • Industry Spotlight

    1,504 Total Office Buildings
    Q2 2017

  • By the Numbers
    $57,510

    Median Household Income

  • Investor Spotlight
    PPL Electric Utilities
  • Industry Spotlight

    1,770 Total Industrial Buildings
    Q2 2017

  • By the Numbers
    24,400

    New Jobs Created Over Past 5 Years

  • Investor Spotlight
    National Penn
  • Industry Spotlight

    5.0% Industrial
    Vacancy Rate
    Q2 2017

  • By the Numbers
    658,477

    Population

  • Investor Spotlight
    Olympus
  • Industry Spotlight

    7.7% Office
    Vacancy Rate
    Q2 2017

  • By the Numbers
    342,493

    Labor Force

  • Investor Spotlight
    Lutron Electronics
  • Industry Spotlight

    17.2% of Labor Force
    Employed in Health Care & Social Assistance

  • By the Numbers
    5,073

    Technology Patents from 2000-2015

  • Investor Spotlight
    Mack Trucks
  • Industry Spotlight

    9.1% Increase in exports
    Among top 20 markets nationally in export growth

  • By the Numbers
    25.8 Million

    Total Office Inventory (Square Feet)
    Q2 2017

  • Investor Spotlight
    UGI
  • Industry Spotlight

    10.1% Industrial rent growth
    Second highest in the U.S.

  • By the Numbers
    115.5 Million

    Total Industrial Inventory (Square Feet)
    Q2 2017

  • Investor Spotlight
    NFI