Bob Cormack will utilize his 42 plus years of experience in economic development to assist the Pennridge School Board. Bob and his family have resided in the district for over 30 years. Cormack has also served on the Upper Bucks County Technical School's Advisory Committee for 20 years, and was a member of the most recent Pennridge comprehensive planning committee. As a parent of three children who attended Pennridge K-12; one who was in the gifted program, one with special needs and a third who took the middle of the road classes, my wife and I got to experience a wide range of what Pennridge has to offer kids with all different interest and ability levels. I have no other intention but to serve the district in providing the...

PIDA (Pennsylvania Industrial Development Authority) interest rates are the lowest they have been all year.  Rates are as low as 1.75% for Real Estate or Land and Machinery & Equipment 2.75% fixed. Why choose a PIDA loan? Many businesses are eligible for this type of loan. PIDA is not a substitute for conventional bank lending but works in conjunction with banks or other lenders to provide as much as 50% of the project cost to a maximum of $2,000,000. PIDA's below market interest rate is a major benefit for cash flow savings.  To learn more about how the low interest rates can assist your business goals, Contact BCEDC, 215.348.9031

The Pennsylvania Industrial Development Authority (PIDA) announced interest rates for economic development loans to businesses. The PIDA program offers low-interest loans to eligible businesses that commit to creating and retaining full-time jobs. Right now, PIDA's interest rates  are 3.00% for real estate and 3.00% for equipment financing for any PIDA borrower whose loan application is received on or before September 30 2019. Lowest rates this year! Depending on the project, rates and terms can be fixed up to 15 years. PIDA LOANS-Real Estate-3.00%, Equipment-3.00% Why choose a PIDA loan? Many businesses are eligible for this type of loan. PIDA is not a substitute for conventional bank lending but works in conjunction with ba...

On Thursday, June 20, 2019, Bob Cormack, BCEDC Executive Director and Jim Pawlikowski, Loan Manager presented information about BCEDC's Loan programs and Tax Credits to Pritchard, Bieler, Gruver & Willison P.C. accountants at their location in Colmar, PA.  PBGW accountants were given tools to better advise their clients about growing and utilizing tax credits to raise cash for their business. PBGW accounts were able to earn CE credits.  Please contact our office 215.348.9031 to learn more about BCEDC's presentation to Accounting firms or PBGW accounting services 215. 997.6700.

The Smart Electric Power Alliance (SEPA) has named PPL Electric Utilities as the 2019 SEPA Power Players Investor-Owned Utility of the Year. Now in their eleventh year, the SEPA Power Players Awards honor utilities, their industry partners and individual thought leaders, providing the vision, models and momentum for the electric power industry's smart transition to a clean, modern energy future. Chosen by an independent panel of judges with diverse experience in the electric power industry, PPL Electric Utilities and winners in six other categories will be celebrated at an awards gala on Monday, July 29, co-located with SEPA's Grid Evolution Summit in Washington, D.C. "The utility industry is undergoing a period of transition and change. As...