Last year, and for the first time in more than a decade, AEDC proactively solicited the support of local business partners to request contributions. The effort raised $48,000, much to the delight of Executive Director Scott Unger. Partners like Air Products, PPL, UGI, Lehigh Valley Health Network and others contributed the funds needed to allow AEDC to continue being a self-sustaining nonprofit organization.

“Ninety percent of AEDC’s operating revenue is self-generated,” Unger explained. “Six percent comes from public sector funds as fee-for-service for programs administered by AEDC, like the Enterprise Zone. The last 4 percent comes from the private sector. While that might seem like a small percentage of a budget, that 4 percent is an important piece of our annual financial puzzle.”

While Unger continues to identify the specific companies he is asking for support from in 2016, any small business is able to make a contribution, as are individuals who want to support AEDC’s economic development efforts in the Queen City.

“We’re looking for those community minded, big picture thinkers who see the progress we’ve made over 37 years and want to encourage it to continue,” Unger said. “They are the ones who understand our mission of restoring and returning Allentown’s most challenged real estate to productive use and increasing our city’s standard of living by helping manufacturing and technology companies to Start, Grow and Stay here.”

Interested in contributing to AEDC? Contact Scott Unger at sunger@allentownedc.com.