PEDA - Pennsylvania Economic Development Association

News

  • 09/09/2013 12:01 PM | Anonymous member (Administrator)

    PennDOT and the State Transportation Commission (STC) have shared the new STC website.  Included on the website is the Twelve Year Program (TYP) Update Comment Period, which closes on October 7, 2013.   All are invited to provide comment for the update of the 2015 TYP.

  • 08/12/2013 12:23 PM | Anonymous member (Administrator)

    Registration is now open for PEDA's 2013 Fall Conference being held at the DoubleTree by Hilton Hotel & Suites Pittsburgh Downtown from October 21 - 23, 2013.  The Pittsburgh region is recognized as much for its rich industrial history as for its resilience and successful transformation to meet the business, educational and recreational needs of its residents and visitors.  Through partnerships, innovations and collaboration, the Greater Pittsburgh region is a shining example of excellence in economic development.  Learn more about the region hereDownload the Conference Registration Brochure here.

     

    PRECONFERENCE SESSION:

     

    During our preconference session entitled "Economic Development Financing: Deal Structuring", participants will be treated to the insights of 3 expert panelists from the worlds of economic development, law and banking.  Learn more about our PEDI-recognized preconference session here.  

     

    SPONSORSHIP OPPORTUNITIES:

     

    As you review the conference agenda, we invite you to also learn more about available sponsorship and exhibitor opportunities associated with the 2013 Fall Conference.  As the statewide association for economic developers, we believe these venues are ideal for receiving continuing education, making new connections and sharing best practices.  Please consider raising your own profile or that of a partner by participating as a sponsor for the 2013 Fall Conference.  PEDA thanks the following sponsors who have already committed.

     

     

    PLATINUM SPONSOR

     

     

    GOLD SPONSORS

     

    SILVER SPONSORS

     

                                           

         

     

    BRONZE SPONSORS

     

                     

     

                

         

     

     

     

    attendee gift SPONSOR

    Exhibitors & Supporters:

    Team Pennsylvania Foundation

     

    Centre County Industrial Development Corporation

     

    Business & Community Financing Solutions

     

    Economic Progress Alliance of Crawford County

     

    SSM Group, Inc.

     

    Moody & Associates

     

    Regional Development Funding Corporation

     

    Cohen & Grigsby

     

    First National Bank

     

    Houston Harbaugh

     

    HOTEL ACCOMMODATIONS:

     

    Room rates for this conference have been reserved for $159/night for single, double, triple and quad. To make a reservation, please call (800) 222-TREE (8733) (or 412-281-5800) and refer to the 2013 PEDA Fall Conference room block. Reservations may be made until September 19, 2013 or until the expanded room block has been filled, whichever comes first.

     

    Pending availability, this discounted overnight rate will be extended 3 days before and 3 days after the conference when referencing the highlighted code above.

     

    Additional Room Block

    With PEDA's room block at the DoubleTree filling rapidly, PEDA has secured an additional block of rooms at the neighboring Pittsburgh Marriott City Center at a rate of $159 per night for the evenings of October 20th, 21st and 22nd. If you are unable to secure a room at the DoubleTree,
    please click here to reserve your room at the Marriott. If calling the number provided at the linked page, please reference the PEDA Fall Conference Room Block.

  • 07/17/2013 10:03 AM | Anonymous member (Administrator)

    Please mark your calendar for these upcoming PEDA and PEDI opportunities (highlighted text indicates registration is open) and visit our website, where important information on new offerings is regularly being added. 

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    REVISITING THE ECONOMIC DEVELOPER'S TOOLBOX* Webinar! Registration is open!

    September 11, 2013 2.00 organizational PDUs (Finance)

     

    PEDI CREDIT ANALYSIS 101: A 360 DEGREE VIEW OF CASH FLOW ANALYSIS* Registration is open!

    September 25, 2013 6.00 organizational PDUs (Finance)

     

    ECONOMIC DEVELOPMENT FINANCING - STRUCTURING THE DEAL* (DoubleTree Downtown Pittsburgh - Preconference)

    October 21, 2013 3.00 organizational PDUs (Finance)

     

    2013 PEDA FALL CONFERENCE (DoubleTree Downtown Pittsburgh) Discounted overnight code is available!

    October 21 - 23, 2013 PDU information is forthcoming.

     

    EB-5 FINANCING & THE ANATOMY OF A DEAL* Webinar!

    December 11, 2013 1.50 organizational PDUs (Finance)

     

    WORKFORCE DEVELOPMENT: BEST PRACTICES IN PARTNERSHIPS* Webinar!

    January 29, 2014 1.50 organizational PDUs (Workforce Development)

     

    2014 PEDA SPRING LEGISLATIVE CONFERENCE (Hilton Harrisburg)
    April 28 - 30, 2014
    PDU information is forthcoming.

     

    FOSTERING LEADERSHIP COMPETENCIES Webinar!

    May 7, 2014 1.50 organizational PDUs (Organizational Management)

     

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    REDEVELOPING BLIGHTED PROPERTIES: FINANCING SOLUTIONS*
    ON DEMAND WEBINAR
    1.50 organizational PDUs (Finance)

     

    MEASURING IMPACT TO BUILD SUPPORT FOR ECONOMIC DEVELOPMENT PROGRAMS*
    ON DEMAND WEBINAR  1.50 organizational PDUs (Marketing / PR)

     

    BEST DATA SOURCES FOR ECONOMIC DEVELOPMENT RESEARCH*

    ON DEMAND WEBINAR 1.50 organizational PDUs (Marketing / PR)

     

    REDEVELOPING BLIGHTED PROPERTIES: TOOLS AND STRATEGIES*

    ON DEMAND WEBINAR 1.50 organizational PDUs (Real Estate Development / Redevelopment)

     

    LENDING IN GREENER PASTURES: TAKING A CLOSER LOOK AT AGRICULTURAL ECONOMIC DEVELOPMENT LENDING*
    ON DEMAND WEBINAR  1.50 organizational PDUs (Finance)

     

    TRENDS IN ONLINE SITE SELECTION & GIS TECHNOLOGY*
    ON DEMAND WEBINAR 
    1.50 organizational PDUs (Real Estate Development / Redevelopment)

     

    Note: Organizations designated by DCED as certified providers cannot earn all non-finance electives in the same Discipline in consecutive fiscal years.

    Please contact PEDA Headquarters to provide your input on training needs, speaker suggestions or other professional development-related input.

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    Joshua L. Skopp

    Executive Director

    Pennsylvania Economic Development Association
    Pennsylvania Economic Development Institute

    908 N. 2nd Street, Harrisburg, PA 17102

    717-441-6047 / 717-236-2046 (fax)
    www.peda.org

  • 06/25/2013 3:25 PM | Anonymous member (Administrator)

    Registration is now open for 2 September Institute trainings.  Please follow the links below to learn more, to view registration brochures or to register!

     

    REVISITING THE ECONOMIC DEVELOPER'S TOOLBOX* Webinar


    The availability of dollars once accessible through popular economic development programs has steadily declined with each new budget cycle. As various funds have been exhausted or altogether dispensed of during this era of waning funding, economic developers have found themselves needing to be increasingly innovative in order to successfully carry out their entities’ missions. While innovation drives the economy of the commonwealth and nation as a whole, it is critical that industry professionals maintain a practical awareness and understanding of fundamental programs available to them outside of and unaffected by the budget cycle.

    The primary goal of this program is to provide participants with an overview of key statutory programs, considered essential – but often overlooked – instruments in the economic developer’s toolbox. A complementary goal of this program is to introduce participants to new economic development tools which may only be available for a limited period of time, but which are designed to provide eligible projects with the funds needed to bring them to fruition. By gaining a fuller understanding, participants will be able to maximize the effectiveness of their leadership in their communities and regions.

    No matter your level of experience in designing economic development packages for your clients, the aim of this program is to introduce you to and familiarize you with a variety of fundamental tools developed to help you get projects done in your community. Through participation in this program, you will increase your knowledge and be well positioned to evaluate your own practices with those of your peers, thereby improving your overall effectiveness as an economic developer. All economic development professionals whose responsibilities include working with clients or financing programs will benefit from this program.

    Click on the session title above to learn more.

     

    CREDIT ANALYSIS 101: A 360 DEGREE VIEW OF CASH FLOW ANALYSIS* Live Event

    During this program, the concepts outlined in the agenda below will be covered in-depth, providing participants with a thorough understanding of what financial information is key from potential clients, how to use this information to consistently make sound credit decisions, and what alternatives may exist in assisting potential clients in need of strengthening their financials in advance of a successful financing pursuit. They will also gain skills aimed at helping them to identify a potential client’s underlying reasons for borrowing. Case studies will further enhance participants’ knowledge using real world scenarios.

    Credit analysts, business finance officers and business development professionals would benefit from attending this program, as well as other individuals seeking to gain a fundamental knowledge of credit analysis and underwriting. Novices can expect to leave with a strong foundation in the credit analysis process, while more seasoned professionals will benefit from a fresh look at this key area of professional competency.

    Click on the session title above to learn more.

    These sessions are recognized by PEDA, the Pennsylvania Economic Development Institute and by the EDP certification program of the Northeastern Economic Developers Association (NEDA).  

     

     

    Joshua L. Skopp | Executive Director

    Pennsylvania Economic Development Association

    Pennsylvania Economic Development Institute

    908 North Second Street | Harrisburg, PA 17102

    Phone: 717.441.6047 | Fax: 717.236.2046

    www.peda.org | ~Upcoming Events~
  • 06/24/2013 4:19 PM | Anonymous member (Administrator)

    C. Alan Walker, Secretary, PA Department of Community and Economic Development

     

    Governor Corbett has worked hard to ensure Pennsylvania job growth and as a result of his policies, more than 125,000 private sector jobs have been created since January 2011.

     

    As head of the Department of Community and Economic Development, my agency supports the economic growth of Pennsylvania by encouraging business to choose Pennsylvania as the best place in the country to grow and create jobs. 

     

    Business growth is vital to any state’s economic health, and a modern, high-capacity transportation system is critical to businesses looking to grow.

    It’s no accident that trucking and logistics companies decided decades ago to make Pennsylvania’s highway corridors their major transportation hub. But the same highway system and transportation infrastructure that lured those companies here is aging and traffic congestion is getting worse.

     

    Every year, nearly half-a-trillion dollars of goods and services move through our state transportation system. Maintaining and expanding Pennsylvania’s transportation system is vital to keeping our businesses connected to the global economy.

     

    One of the first things that manufacturing companies evaluate when deciding where to locate is the availability of fast, efficient transportation.  They want to be able to move raw materials in quickly, for just-in-time delivery and then move finished products to market with the same ease.  

     

    For logistics companies, good transportation is at the heart of what they do.  Be it over-the-road trucks or shipping by rail, if the transportation infrastructure is not high capacity and safe and dependable, these job-producing companies will look at other states to locate their business.

    Governor Corbett’s plan would tackle an issue that has been neglected for nearly three decades, making available nearly $2 billion in additional yearly funding for our transportation system. The plan would raise revenue while reducing consumer taxes, calling for a 17 percent reduction in the retail gas tax paid by customers at the pump.

     

    Transportation is also proven to create jobs.  In total, the governor’s transportation plan could add 50,000 good-paying jobs through sustained investment in maintenance and improvement projects on an annual basis. And having a sustainable, long-term solution will ensure Pennsylvania is an attractive location for businesses to expand or begin their operations – this will also lead to future job growth.

     

    Governor Corbett’s transportation plan is a long-term solution to our infrastructure needs that does not leave the bill to our children and grandchildren.

     

    As the Secretary of the Department of Community and Economic Development and a member of the Transportation Funding Advisory Council, I am in strong support of the governor’s plan and truly believe it will lead to a stable, world-class infrastructure system for all Pennsylvanians now and into the future.

  • 06/21/2013 10:57 AM | Anonymous member (Administrator)

    Subject:  DCED Interest Rates

     

    Governor Corbett remains committed to putting Pennsylvania back on the path to prosperity through the implementation of strategic policies and initiatives that improve the state’s business climate and encourage new growth.  Toward this end, the administration has identified various fundamental factors that must be addressed to ensure continual economic growth, including the ability of our businesses to access much-needed capital.

     

    In December 2012, the Corbett Administration reduced the interest rates of four DCED business loan programs to improve access to capital and encourage business expansion and attraction, and to spur new job creation. Interest rates for the Machinery and Equipment Loan Fund (MELF), the Small Business First (SBF) Program, the Pollution Prevention Assistance Program and the Export Financing Program were reduced from 2.75 percent to 1.50 percent. DCED also waived its standard fees charged to borrowers.

    DCED’s lower interest rates were initially available for program applications received through March 31. However, the immediate and positive impacts realized from Governor Corbett’s initiative, led to the extension of the interest rate reduction for an additional three months through June 30. 

     

    Since the initial announcement of the interest rate reduction, 42 SBF loan applications and 32 MELF applications have been submitted to DCED for consideration. These 76 independent project proposals forecast the potential creation of more than 1,500 jobs and the retention of more than 8,600 more jobs. In 2011, prior to the interest rate reduction, DCED received a total of 34 SBF applications and only six MELF applications the entire year. The additional loan programs included in the lowered interest rate also had an uptick in applications.

     

    As June 30 approaches, I wanted to make you aware that DCED will not be further extending the interest rate reductions. The reduced rate will apply to applications received through June 30, there will be no exceptions.

     

    With only a short window of opportunity remaining, I encourage Pennsylvania businesses to take advantage of the reduced interest rates, and submit any outstanding applications prior to the cutoff date. For any questions, please call the Department of Community and Economic Development Customer Service line at 1.866.466.3972 

     

    Sincerely,

    C. Alan Walker

    Secretary

    Department of Community and Economic Development

  • 06/20/2013 11:43 AM | Anonymous member (Administrator)

    Continuing the momentum of creating a one-stop shop for business growth, the PA Business Development Authority (PBDA) now has a House bill number (HB1550). This is the first time this initiative has secured both Senate and House recognition. 

     

    Together, we have the opportunity to transform how businesses thrive in the Commonwealth of Pennsylvania, but we must act now or the opportunity will vanish.  Please join PEDA in voicing your support by sending an email to the sponsor and cosponsors of this legislation, particularly those of you whose representatives are on the bill.

  • 06/18/2013 10:10 AM | Anonymous member (Administrator)

    This October 21 - 23, 2013, PEDA will be holding its Fall Conference in Pittsburgh at the DoubleTree by Hilton Hotel & Suites Pittsburgh Downtown.  The Pittsburgh region is recognized as much for its rich industrial history as for its resilience and successful transformation to meet the business, educational recreational recreational needs of its residents and visitors.  Through partnerships, innovations and collaboration, the Greater Pittsburgh region is a shining example of excellence in economic development.  Learn more about the region here.

     

    Recent PEDA conferences have focused on current issues, industries and trends pertinent to economic development and to the regions selected for these events.  As our Conference committee and leadership strive to provide high quality content and venues, we also turn our attention to our members and partners whose participation as sponsors, exhibitors and advertisers allows us to continually improve the experience being offered.

     

    BENEFITS:

     

    As you read about the enclosed sponsorship and exhibitor opportunities associated with the 2013 Fall Conference, I encourage you to also consider partners in your own communities who may benefit from sponsoring this or future conferences or specific keynote speakers or from reserving an exhibit booth at one of PEDA's events.  As the statewide association for economic developers, we believe these venues are ideal for receiving continuing education, making new connections and sharing best practices.  Please consider raising your own profile or that of a partner by participating as a sponsor for the 2013 Fall Conference and feel free to contact me with any questions at 717-441-6047.  Thank you for your consideration.

     

    COMMITTED SPONSORS:

     

    PLATINUM SPONSOR

     

     

    GOLD SPONSOR

     

     

    SILVER SPONSORS

     

                                    

     

    BRONZE SPONSORS

     

                

     

    Exhibitors & Supporters:

    Team Pennsylvania Foundation

    Centre County Industrial Development Corporation

    KU Resources

    Business & Community Financing Solutions

    Economic Progress Alliance of Crawford County

    SSM Group, Inc.

    Cohen & Grigsby

     

    HOTEL ACCOMMODATIONS:

     

    Room rates for this conference have been reserved for $159/night for single, double, triple and quad. To make a reservation, please call (800) 222-TREE (8733) (or 412-281-5800) and refer to the 2013 PEDA Fall Conference room block. Reservations may be made until September 19, 2013 or until the expanded room block has been filled, whichever comes first.

     

    Pending availability, this discounted overnight rate will be extended 3 days before and 3 days after the conference when referencing the highlighted code above.

     

  • 06/14/2013 2:48 PM | Anonymous member (Administrator)

    In April 2013, PEDA distributed its member-developed 2013-14 legislative priorities (PDF WORD) aimed at sustaining Pennsylvania's economic development delivery system and advancing the Commonwealth's efforts to achieve well-being and economic prosperity. Among those priorities was Innovate PA which would potentially provide supplemental funding for 3 years to the BFTDA, the Ben Franklin Partners and PREP regional partners, implement recommendations of the Governor’s Life Science Advisory Council and enhance venture capital efforts and tech-based economic development projects in PA.

     

    PEDA has learned that the Senate Finance Committee will be considering SB 456 (Innovate in PA Program) on Wednesday, June 19th. If your Senator is one of the following members of this committee, please contact them now to request their support.

     

    Officers

    Brubaker, Mike, Chair

    Blake, John P., Minority Chair

     

    Majority

    Hutchinson, Scott E., Vice Chair

    Scarnati, Joseph B., III, Ex‑Officio

    Browne, Patrick M.

    Eichelberger, John H., Jr.

    Greenleaf, Stewart J.

    Vance, Patricia H.

     

    Minority

    Smith, Matt

    Teplitz, Rob

    Wozniak, John N.

     

    Thank you for your continued dedication to the development of a sustainable, innovation driven, 21st century economy.

    Best Regards,

    Joshua L. Skopp | Executive Director

    Pennsylvania Economic Development Association

    Pennsylvania Economic Development Institute

    908 North Second Street | Harrisburg, PA 17102

    Phone: 717.441.6047 | Fax: 717.236.2046

    www.peda.org | ~Upcoming Events~

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