The Bucks County Intermediate Unit is using its seven 3D printers and laser cutter to help in the fight against COVID-19. At most times, the Bucks County Intermediate Unit is busy delivering educational programs from school to school. Now, with schools shut down due to the new coronavirus, the agency has a new focus — making personal protection equipment for those fighting the virus.Lindsey Sides, the intermediate unit's supervisor of STEAM (Science, Technology, Engineering, Art and Math), learned that some 3D printers were being used to make masks and other equipment for medical workers and first responders.
She started investigating and, ultimately, got intouch with a professor at Cornell University who had mobilized a team that used 3D p...

Governor Tom Wolf today urged Pennsylvania manufacturers that currently are producing or can pivot to producing COVID-19-related supplies to submit their information to the newly developed Pennsylvania Manufacturing Call to Action Portal. "We're asking everyone to do their part to mitigate the spread of COVID-19, including ensuring that our health care system is prepared to care for patients and that there is access to critical personal protective equipment and products as more individuals and businesses take preventive measures," Wolf said. "Throughout our commonwealth's history, our manufacturing sector has answered the call to move us forward and contributed tremendously in times of turbulence. I call upon our private sector to be a part...

The SBA and Treasury Department have launched the new Paycheck Protection Program to help keep employees on payroll and small businesses operating. PLEASE NOTE WE ARE SHARING THE INFORMATION WITH YOU BUT BCEDC cannot administer the program, please contact your bank. PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION FOR BORROWERS The Paycheck Protection Program ("PPP") authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The loan amounts will be forgiven as long as: The loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made; and Employee an...

​The spread of the COVID-19 virus continues to present new challenges for our communities, businesses, and Pennsylvania's economy. Governor Wolf has taken action to protect the public and businesses in order to slow the spread of the virus. On March 19, Gov. Wolf issued an order to close all non-life sustaining businesses. The complete list of non-life sustaining businesses is found on our website along with frequently asked questions for all life-sustaining businesses. Businesses that were ordered to close under this order and believe that they could help mitigate the COVID-19 crisis or provide essential services, have until Friday, April 3, 2020 at 5PM to apply for a Business Exemption Waiver. After that time...

Information on Governor's Order Recent Order Pertaining to Life-Sustaining Businesses.  Businesses are encouraged to direct any general questions they may have about their business and this order, by emailing ra-dcedcs@pa.gov The Administration has set up a waiver process. If you have a company that believes they should be considered a life-sustaining-business and would like to apply for a waiver, please send an email to one of the following: ra-dcedcs@pa.gov – resource account to send questions about whether businesses need to close RA-dcexemption@pa.gov – resource account if businesses want to apply for a waiver and want information on the process Also, there is additional information and & resources on the PA DCED website at www...

Bucks County Business Owners: Pennsylvania's disaster declaration has been approved by SBA and our small businesses and private non-profits are able to apply for an SBA Economic Injury Disaster Loan (EIDL) online at https://disasterloan.sba.gov/ela. Businesses should be prepared with the documentation needed to apply. For example, they will be asked for federal business and personal tax returns, and historical and projected revenue. All businesses are able to review the SBA Disaster Business Loan Application paper forms and requirements at https://disasterloan.sba.gov/ela/Information/PaperForms. A complete and thorough application will be eligible for funding (an incomplete application will delay the process.) The most up-to-date website on...

Economic Development Impact Survey  The Southeast Region is conducting a Business Impact Study to determine how your business is affected during the COVID 19 situation. 

Manning-MFG, LLC, through the Bucks County Economic Development Corporation (BCEDC), was approved for a $640,000 PIDA loan at a 3 percent fixed interest rate for 10 years for the acquisition of an existing 28,060 sq. ft. multi-occupancy building in Bristol Township. The facility is currently fully occupied with four longstanding tenants who will continue their agreement with Manning-MFG, LLC. The total project cost is $1.6 million.

The Pennsylvania Industrial Development Authority (PIDA) recently approved five new low-interest loans to businesses for expansion and job creation. The authority also provides low-interest loans and lines of credit to companies for the development of industrial parks and multi-tenant facilities. For applications received by March 31, interest rates will vary between 2 percent and 3 percent. "Access to low-interest capital is critical for small business growth," Gov. Tom Wolf said. "The commonwealth's partnership will provide the affordable capital needed to bolster expansion projects and job creation, without the burden of exorbitant interest rates." PIDA approved $52.9 million in low-interest loans last year, and so far, this year has app...

PIDA provides low-interest loans for businesses that commit to creating and retaining full-time jobs and for the development of industrial parks and multi-tenant facilities. Loan applications are packaged and underwritten by a network of certified economic development organizations (CEDOs) such as Bucks County Economic Development Corporation (BCEDC), that partner with PIDA to administer the loan program.   The loan rate announced for the first quarter of 2020: PIDA-3% fixed for full term of loan; other options available. Equipment-3% fixed full term of loan Loan rates are valid for application submitted until 3/31/2020. Conact BCEDC, 215.348.9031 for information on how we may assist you to move your business i...