Business Incubators

The U.S. Small Business Administration has found that after four years, only 44 percent of firms remain in business. In contrast, the International Business Innovation Association (InBIA) has found that 87 percent of business incubator graduate firms were still in business.

Below are a few incubators available in the Lehigh Valley:

  • Ben Franklin Tech Ventures Incubator – Located on the Mountaintop campus of Lehigh University in Bethlehem, this 109,000-square-foot facility is a nationally acclaimed high-tech workspace and community for early-stage companies, with incubator space and affordable wet laboratory facilities.
  • Bridgeworks Enterprise Center – Founded in 1989 in the refurbished former Mack Trucks Plant 4A, this 64,000 square-foot facility is the only business incubator in the Lehigh Valley dedicated primarily to manufacturing startups.
  • Pi: Partnership for Innovation – Located in the Southside Bethlehem Keystone Innovation Zone, on the 2nd floor of a 1911 silk blouse factory, Pi includes shared facilities and private, secure office suites ranging from 115 to 1,900 square feet.
photo-incubator

LVHN–One City Center, Photo Credit: Halkin | Mason Photography, Architect: granum a/i

Coworking Spots

A total of 71 percent of coworkers said their creativity had increased since joining a coworking space, according to the DeskMag Global Consulting Survey of 2012.

Below are a few coworking spots located in the Lehigh Valley:

Additionally, the Fab Lab, a prototyping lab offered by Northampton Community College, is open to the community.

Lehigh ValleyQuick Facts

Industry Spotlight

9.1% of Labor Force
Employed in Professional, Technical, Financial & Business Services
Q2 2017

By the Numbers
$39.1 Billion

Gross Domestic Product
2016

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City Center Lehigh Valley
Industry Spotlight

10.5% of Labor Force
Employed in Manufacturing
Q2 2017

By the Numbers
$3.44 Billion

Exports
2015

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Air Products
By the Numbers
$59,989

Median Household Income

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PPL Electric Utilities
By the Numbers
24,246

New Jobs Created Over Past 5 Years

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National Penn
By the Numbers
659,312

Population

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Olympus
By the Numbers
344,623

Labor Force

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Lutron Electronics
Industry Spotlight

33% of Labor Force
Employed in Health Care, Social Assistance & Education

By the Numbers
4,399

Technology Patents from 2000-2015

Investor Spotlight
Mack Trucks
Industry Spotlight

10.7% of Labor Force
Employed in Accomodation, Food Services, Arts, Entertainment & Recreation

Investor Spotlight
UGI
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NFI
Industry Spotlight

15% of the total community college degrees awarded in PA
2015-2016 academic year

By the Numbers
$6.9 Billion

Manufactuing Contribution to GDP
2016

Investor Spotlight
BB&T
Industry Spotlight

68th largest metropolitan area in the U.S. by population

By the Numbers
$7.98 Billion

Finance, Insurance & Real Estate
Contribution to GDP
2016

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Seedcopa
Industry Spotlight

9,747 degrees awarded by colleges and universities
2014-2015 academic year

By the Numbers
$5.3 Billion

Professional & Business Services
Contribution to GDP
2016

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Fuling
Industry Spotlight

80,000 employed in "Eds & Meds" sectors

By the Numbers
21.7%

Population between ages 18 and 34

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Workforce Board