News

AEDC Welcomes New Early-Stage Manufacturer to Incubator

TRuCapSol joins the business incubation program at Bridgeworks Enterprise Center Allentown, Pa. — May 14, 2018 — The Allentown Economic Development Corporation has approved TRuCapSol LLC to join its business incubation program at the…

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Transloading gives Allentown manufacturers additional shipping options

If you’re a manufacturer who thinks they can’t access freight lines for the shipping of the goods you produce, or for receiving the goods you use to make your products, then consider transloading. Transloading Overview You’ve probably…

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PMBDA loan helps Allentown insurance agency grow

When Rafael De La Hoz came to America from Colombia in 2004, he never envisioned he’d live in Pennsylvania and become a successful businessman in a city called Allentown, which he had never heard of before. Yet today he is living the…

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AEDC Bridgeworks Enterprise Center Recognized for Excellence by International Association

The Allentown Economic Development Corporation and its Bridgeworks Enterprise Center were recognized by the International Business Innovation Association on Friday when it received the IMPACT Award for February 2018. The monthly award…

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AEDC to administer PMBDA loan program for the Lehigh Valley

By the end of this month, Allentown Economic Development Corporation will be the official administering agency for the Pennsylvania Minority Business Development Authority Revolving Loan Fund. It already administered the loans for…

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Allentown production design company to take Center Stage thanks to Enterprise Zone Loan

When you attend a concert or show, you probably don’t give much thought to the work that went into designing and setting up the stage, sound, or lighting. But it’s the team of trained professionals who set up and run it that makes for…

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Is your company considering a loan? Here’s how to prepare for it.

By David Dunn, Program Manager, Economic Development Programs, Allentown Economic Development Corporation As a business undergoing or considering change, whether expanding or consolidating, you need to have cash on-hand to execute your…

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Polymer Contours set to grow business in 2018 thanks to automation

When we last interviewed Tyson Daniels, owner of Polymer Contours, Inc. in the Bridgeworks Enterprise Center in south Allentown, in March 2017 he set a bold goal: reaching $1 million in sales by the end of his fourth year in business.…

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Startups at Bridgeworks Enterprise Center Continue Steady Growth in 2017

Annual incubator impact survey shows modest increases in revenues and salaries Allentown, Pa. — January 26, 2018 — The Allentown Economic Development Corporation announced the aggregated results of its annual Incubator Client Impact Survey…

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AEDC and Regional Economic Developers Meet with State Representatives to Discuss Manufacturing and Retail Job Outlook

Photo Credit: April Gamiz, The Morning Call On Thursday, January 11, Pennsylvania House Democratic Policy Committee Chairman Mike Sturla and State Representative Mike Schlossberg hosted a roundtable discussion entitled “Where are the…

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AEDC 2017 Year in Review

It’s been an exciting year of change and development for Allentown Economic Development Corporation in 2017. A new staff member joined the team and new leadership is guiding our Board of Directors. A startup joined our Bridgeworks…

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Businesses receive state help to train next generation thru new apprenticeship program

Helping companies train the next generation of workers is the goal of a new initiative announced last month by Governor Tom Wolf and the Pennsylvania Department of Community and Economic Development. Photo courtesy of Pennsylvania……

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Bridgeworks welcomes International Business Innovation Association CEO

When it comes to business incubators, manufacturing-focused programs are a rarity. In fact, there is only a handful of manufacturing incubation programs in the country. And during her two years as President & CEO of the…

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PEDA Conference showcases AEDC’s role in the city’s resurgence

During the week of October 25, the Pennsylvania Economic Development Association held its Fall Conference in Allentown. The three-day event took place at the Renaissance Allentown Hotel and boasted record attendance with nearly 200…

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Why startups need to focus on generating sales and less on fundraising

I had the pleasure of escorting Kirstie Chadwick, CEO of the International Business Innovation Association, around the greater Lehigh Valley during Global Entrepreneurship Week. During her trip, she got to visit nine entrepreneurship…

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