Scranton Office of Economic

The mission of Allentown Economic Development Corporation ( AEDC ) is to identify, encourage, develop and manage business projects for the benefit of Allentown, its citizens and the Lehigh Valley. Incorporating the adaptive reuse and recycling of existing buildings and infrastructure is an important goal of AEDC's urban development strategy. Formed in 1979 as a 501 ( c ) corporation AEDC is controlled by a volunteer board of directors comprised of business and community leaders. AEDC is a non-profit economic development organization in the Lehigh Valley. AEDC works closely with the City of Allentown's Department of Economic Development and partners with many organizations to support development initiatives by removing blighted properties, stabilizing neighborhoods and attracting new job opportunities by expanding commercial enterprise within the community. Over the years AEDC has worked closely with the City of Allentown and Lehigh County on many projects. These have included the America On Wheels Museum on Lehigh Landing, the redevelopment of a brownfield site into a newly constructed industrial building, Bridgeworks by the Creek Industrial Center, and the assemblage of real estate to facilitate the development of class A office buildings such as PPL Plaza and the Butz Building. Many of AEDC's projects capitalize on the benefits of Pennsylvania Enterprise Zone ( EZ ) and the Keystone Opportunity Zone ( KOZ ) Programs. These programs offer specific benefits and powerful incentives. AEDC also runs the Bridgeworks Enterprise Center, an industrial center and a small business incubator facility located in the former Mack Truck manufacturing site. AEDC is dedicated to the development and execution of comprehensive community-based plans for improving Allentown.

The Northeastern Economic Development Company (NEDCO) is a non-profit organization based in Moosic, PA, dedicated to promoting economic growth in the region. They specialize in providing financing solutions through the Small Business Administration (SBA) 504 Loan Program, helping small businesses secure funding for fixed-asset projects. With low-interest rates, low down payments, and long-term financing options, NEDCO supports regional businesses in accelerating their growth and preserving capital. Through their evaluation of loan packages, submission of recommendations to the SBA, and oversight of the loan closing and servicing process, NEDCO assists small businesses in accessing capital with lower costs, improved cash flow, and favorable loan terms. With a focus on commercial real estate funding, machinery and equipment financing, business debt refinancing, and eco-friendly initiatives, NEDCO provides collateralized, government-guaranteed, low-risk lending options for businesses in Pennsylvania.Generated from the website

The Lehigh Valley Economic Development Corporation (LVEDC) is dedicated to fostering a prosperous economic environment in Lehigh Valley, Pennsylvania, where both employers and residents can thrive. With a focus on regional development, the organization engages local experts and supports various industries including life sciences, advanced manufacturing, and professional services. Located in the historic Bethlehem area, LVEDC facilitates access to resources such as workforce development programs and economic incentives, which are essential for attracting businesses and talent to the region. Committed to inclusivity and diversity, LVEDC champions a vision of community growth and success that includes a vibrant quality of life for all its residents. Generated from the website