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$1M ag grants offered to boost state’s competitiveness; retain jobs
The state Department of Agriculture is offering $1 million in grants to boost the competitiveness of horticulture specialty crops. The grants, funded through the U.S. Department of Agriculture (USDA) Specialty Crop Block Grant program, are available for crops including fruit, nut, vegetable, nursery, honey and floral products. “Pennsylvania leads the[...]
Pa.’s college saving program upgraded to Gold Morningstar rating
Pennsylvania’s 529 College and Career Savings Program Investment Plan has received the highest designation possible from Morningstar. Treasurer Stacy Garrity said that the plan’s Gold rating puts it among the best in the nation. “I’m thrilled that our PA 529 IP received a Gold designation from Morningstar,” Treasurer Garrity said.[...]
30 state ag producers and rural small businesses get USDA grants
The U.S. Department of Agriculture (USDA) is awarding $3.6 million in grants to Pennsylvania agriculture producers and rural small business owners to improve energy efficiency and generate new income. USDA Administrator, Rural Business Cooperative Service Dr. Karama Neal said Thursday that the grants will help 30 entities make energy efficiency[...]
CRIZ nets Bethlehem more than $2.7M for revitalization
Bethlehem will receive more than $2.7 million from the City Revitalization and Improvement Zone (CRIZ) program to spur revitalization, business and job growth. Secretary of Revenue Pat Browne today announced the funds are part of nearly $17 million to be returned to three communities participating in the CRIZ program. “This[...]
SLUHN receives ‘generous’ gift for pediatric services
St. Luke’s University Health Network (SLUHN) recently recognized the founder of a literacy professional development company and his wife for a donation to pediatric services at St. Luke’s Children’s Hospital in Bethlehem. The undisclosed gift from Mike and Jean Grabaritz will be represented by a plaque in the St. Luke’s Pediatric[...]
Fulton Bank to move Saucon Valley Financial Center
Early next year, Fulton Bank will be moving its Saucon Valley Financial Center to the Promenade Shops in Center Valley, Fulton spokesman Steve Trapnell confirmed. On Jan. 5, 2024, the current location at 3727 Route 378, Lower Saucon Township, will permanently close. On Jan. 8, 2024, Fulton will start receiving[...]
SBA: women-owned small business loans reach $5.1B
SBA-backed loans to women-owned small businesses are up nearly 70%, totaling $5.1 billion in fiscal year 2023. SBA Administrator Isabel Guzman, celebrating the 35th anniversary of the Women’s Business Ownership Act of 1988 (H.R. 5050), announced the year’s results. The Women's Business Ownership Act of 1988 helped change the way[...]
NEIF seeking investors for energy efficiency project funding
Allentown-based National Energy Improvement Fund has launched a new offering on the Raise Green Impact Investment Platform. The Certified B Corp. Has had six previous offerings on the platform, all of which it said were successful. NEIF described Raise Green as the national standard for broad-based funding of companies supporting[...]
2023 Reader Ranking Video Reveals: Finance, Investments and Insurance Category
https://youtu.be/LQEAYdd7qhU
Negotiating the best compensation and executive perks package
The unemployment rate in the United States has remained below 4 percent since January 2022, according to the Bureau of Labor Statistics. Competition for workers is high across many sectors. Anecdotally, demand for executives at various levels in the Lehigh Valley is consistently strong. This market dynamic is one reason[...]
Fulton Bank opening Center Valley branch
Fulton Bank will soon be opening a new branch at the Shops at Saucon Valley in Center Valley. “We’re committed to serving the Saucon Valley and excited to be opening a financial center at the Promenade Shops,” says Curt Myers, Fulton chairman and CEO. “This center will allow us to[...]
HAP: Hospitals strong economic driver despite COVID costs
Despite the enormous cost of the COVID-19 pandemic and historic workforce shortages, Pennsylvania hospitals and health care systems continue to play a significant role in the state’s economy. The Hospital and Healthsystem Association of Pennsylvania (HAP), in an analysis of fiscal year 2022, found hospitals and health care systems supported[...]
