JULY 2023

SPOTLIGHT ON BUCKS BUSINESS


terraindelval


Terrain Opens Café, Retail and Event Space at Delaware Valley University

Urban Outfitters’ Terrain has made its way to Doylestown, located on Delaware Valley University’s campus in the former Market at DelVal building. This is the third Terrain location to open in Pennsylvania. The official opening day was June 29th. 

Amenities at Terrain at DelVal include a retail store, nursery, garden cafe, and private event space. Design by Terrain team members provide assistance for those who need gardening advice or help with floral and interior design.

NOTEWORTHY NEWS


BCEDC is Excited to Announce a New Director on the General Board

Sherri L. Schulz, First Bank, Senior Vice President, Regional Branch Manager

Sherri Schulz is a Senior Vice President / Regional Manager with 12 years of retail and business banking experience in leading teams and clients toward achieving success. Throughout her banking career, Sherri has focused her skillset and specialized in cash flow solutions to Businesses, Nonprofit Organizations and Government Agencies. Before becoming a Banker, she was a business owner for the prior 18 years.

NOTEWORTHY NEWS


Lower Bucks County Chamber of Commerce Names Joseph Szafran Executive Director

The Lower Bucks County Chamber of Commerce (LBCCC) today announced that Joseph Szafran has been named Executive Director. The addition of Szafran concludes a search by the Board of Directors.

“We are very excited to have Joe join the Chamber in this leadership role,” said Kristen Farry, chair, LBCCC Board of Directors. “He brings more than 20 years of public relations and community engagement experience and has a unique combination of knowledge, skills, and passion that will assist us in strategically growing the Chamber.

NOTEWORTHY NEWS


BCEDC is Re-Certified as Bucks County’s CEDO

In June, the BCEDC satisfied requirements of the PA Industrial Development Authority (PIDA) and the PA Department of Community and Economic Development (DCED) to maintain its designation as a Certified Economic Development Organization (CEDO). CEDO designation is required by the Commonwealth to market, package, and administer economic development low interest loan programs on behalf of PIDA and DCED to businesses throughout Bucks County.

FINANCIAL TOOLBOX


Third Quarter 2023 PIDA Rates Below Commercial Mortgage Lenders

Below are the updated 2023 third quarter interest rate options for qualifying PIDA loan applications. These rates are in effect for loan applications received through September 30, 2023.

For Real estate loans financing eligible land and building costs, borrowers will have the following interest rate options:

BCEDC ANNUAL EVENT


BCEDC 64th Annual Members & Friends Event

September 21, 2023 at Northampton Valley Country Club in Richboro, PA

It's almost that time of year again! Get ready to meet up with your friends and colleagues to discuss economic development in Bucks County at this year's Annual Members and Friends Event. Network and enjoy cocktails and appetizers inside or outside on the spacious patio! We will be announcing the Keynote Speaker soon!

Register early and SAVE!

THE BOTTOM LINE


Mental Health Support for Businesses and Groups

Mental health issues have become increasingly common today at work, at home, and in schools. 

50% of Americans suffer from anxiety, stress, and insomnia. 

90% of employees report that workplace stress impacts their mental health.

67% say they want access to better mental health resources from employers. 

Healthy, fulfilled team members are key to reducing healthcare costs and improving participation and productivity. 

THE BOTTOM LINE


Learn What Your Business Can Do By Adding a Call Center Solution to Your Telecommunication Strategy

Call center solutions play a key role in providing a higher level of customer service for businesses. With its advanced features and capabilities, it enables businesses to effectively manage inbound calls, improve customer interaction and deliver a superior customer experience. In this article, we’ll explore how call center software achieves this goal and the various benefits it brings to businesses.

THE BOTTOMLINE


Preventing Fraud in Your Business Accounts

By Fulton Bank

Over the last few years, we have seen a dramatic rise in payment fraud trends. All types of companies and industries are impacted, and fraudsters are using advanced technology and knowledge to commit payments fraud, in addition to “old fashioned” check theft and forgery. Be aware of the types of fraud businesses experience, and train all of your employees on how to be alert for each type. 

COMPANIES ON THE MOVE

Two BCEDC Members Represent the Lessee and the Lessor

Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, recently announced that it represented N. Jonas & Company, Inc. in the leasing of a 19,082 sq. ft. unit within a 78,058 sq. ft. modern one-story building located at 855 Dunksferry Road, Expressway 95 Industrial Center, Bensalem, Bucks County, PA from Philadelphia NLM TT, LLC who was represented by Pat Gilmore of The Flynn Company.

MEMBERS CORNER


Andrew C. Salvucci, Esq., Abstract One, LLC

Andrew C. Salvucci, Esq., owns and operates Abstract One, LLC, a Bucks County based title agency licensed in PA, NJ. MD, TN and FL. The company handles both residential and commercial real estate transactions. Mr. Salvucci has over twenty-five years experience in the title industry and has closed thousands of real estate transactions.

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