LVEDC continues to monitor the economic impacts on Lehigh Valley from the spread of COVID-19. We will keep this page updated with information about resources available to businesses as conditions continue to develop.


LVEDC has prepared information on its financing page about assistance to small businesses impacted by the coronavirus pandemic and mitigation efforts. Visit here for more information.

NOTE: As of 6 p.m. on March 31, the Pennsylvania Department of Community and Economic Development no longer is accepting applications for the COVID-19 Working Capital Access Program (CWCA). The applications received as of that time surpassed the funding available to the program.


COVID-19 Resources and Information Sources:


SBDC Webinars

The Pennsylvania Small Business Development Centers are hosting webinars that cover how a business or non-profit organization can apply for a federal Small Business Administration disaster loan. Upcoming webinars, with links to register are:

 

LVEDC Blog Posts Related to the COVID-19 Pandemic:


Governor Wolf’s Update to Businesses on Guidance for COVID-19 Mitigation

To view the governor’s list of non-life-sustaining vs. life-sustaining businesses, click here. (In extenuating circumstances, special exemptions will be granted to businesses that are supplying or servicing health care providers.)

Failure to comply with these requirements will result in enforcement action that could include citations, fines, or license suspensions.

If you would like to seek a waiver for your business, at this time the process available is to email: [email protected]. The Pennsylvania Department of Community and Economic Development has announced that businesses ordered to close under the governor’s order that believe they provide essential services and should remain open have until Friday, April 3, at 5 p.m. to apply for a waiver. After that time, the submission period will be closed. 

If you would like to contact the Administration with questions about whether you need to close your business, the process provided is to email: [email protected]


US Small Business Administration COVID-19 Guidance

SBA (Small Business Administration) extended its approval of disaster loan assistance to all Pennsylvania counties, including Lehigh and Northampton County.

Lehigh ValleyQuick Facts

By the Numbers
$40.1 Billion

Gross Domestic Product

Investor Spotlight
City Center Lehigh Valley
Industry Spotlight

11% of Labor Force
Employed in Manufacturing

By the Numbers
$3.65 Billion

Exports

Investor Spotlight
Air Products
By the Numbers
$62,489

Median Household Income

Investor Spotlight
PPL Electric Utilities
By the Numbers
26,000

New Jobs Created Over Past 5 Years

By the Numbers
669,899

Population

Investor Spotlight
Olympus
By the Numbers
345,260

Labor Force

Investor Spotlight
Lutron Electronics
Industry Spotlight

26.1% of Labor Force
Employed in "Eds & Meds" sectors

By the Numbers
5,073

Technology Patents

Investor Spotlight
Mack Trucks
Investor Spotlight
UGI
Investor Spotlight
NFI
Industry Spotlight

14% of the total community college degrees awarded in PA

By the Numbers
$7.4 Billion

Manufacturing Contribution to GDP

Investor Spotlight
BB&T
Industry Spotlight

69th largest metropolitan area in the U.S. by population

Investor Spotlight
Seedcopa
Industry Spotlight

10,328 degrees awarded by colleges and universities

Investor Spotlight
Fuling
Industry Spotlight

81,000 employed in "Eds & Meds" sectors

By the Numbers
26.97%

Population between ages 18 and 34

Investor Spotlight
Workforce Board