LVstartup: Allentown Business Incubator Named PEDA Program of the Year
By Colin McEvoy on November 6, 2015
Written and distributed by the Entrepreneurship Council of the Lehigh Valley, LVstartup is focused on the needs of startups in the region, providing information about local events, news, and resources available to entrepreneurs.
LVstartup is released the first Thursday of each month. If you’re interested in subscribing, sign up here. If you’re not signed up, but would like the most recent issue forwarded to you, contact [email protected].
The newest edition, released today, featured the announcement that the Allentown Economic Development Corpororation‘s (AEDC) business incubation program received the 2015 Program of the Year award from the Pennsylvania Economic Development Association (PEDA).
“Business incubation is one of the cornerstones of good economic development. It is also one of the most difficult to achieve,” said Dave Black, PEDA Awards Committee Chairperson. “It is labor and cost intensive and return on investment is limited, while business development is slow. However for organizations like AEDC that support business incubation, it sends a message to both local and passing entrepreneurs that the community being served does have their eyes focused on the future, jobs of the future and future opportunities for the region’s emerging workforce.”
The LVstartup featured other news stories, including a Bethlehem company topping the LVB list of Fastest Growing Companies, the Southside Bethlehem KIZ looking back on a successful year, Lehigh Valley tourism reaching an all-time high, and the approaching groundbreaking for the long-awaited Waterfront project in Allentown.
The new LVstartup issue also highlights various upcoming events, like the LVEDC Fall Signature Event: “Mack Trucks in the Lehigh Valley and in the World” on Nov. 11, as well as Ben Franklin Venture Idol on Nov. 12, AEDC’s Flex Launch and Coworking Space unveiling on Nov. 13, and “CREATIVATE: Explore Creativity and Innovation” hosted by Lehigh University’s Baker Institute.
Each month, LVstartup also spotlights a Lehigh Valley startup. This issue, the company is LightLab International Allentown, LLC, is an independent photometric testing laboratory that provides testing services for the lighting industry.
The Entrepreneurship Council of the Lehigh Valley is a council of the Lehigh Valley Economic Development Corporation (LVEDC), whose mission is 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, Allentown Economic Development Corporation (AEDC), the Bethlehem Department of Community and Economic Development, Ben Franklin Technology Partners, and others.
LVEDC’s Statement on Kraft Heinz Manufacturing Plant Announcement
Below is the Lehigh Valley Economic Development Corporation's (LVEDC) regarding the recent announcement by Kraft Heinz about their Upper Macungie Township manufacturing plant:[...]Continue to Next Page