215-348-9031  |  115 WEST COURT STREET  |  2ND FLOOR  |  DOYLESTOWN, PA 1890


OCTOBER 2024
Speakers, Mr. Henry DeGeorge, Dr. Mark Covelle, and Dr. Michael Herrera.

NOTEWORTHY NEWS

BCEDC Annual Meeting 2024: Fostering Innovation in Career and Technical Education

On September 18, 2024, the Northampton Valley Country Club in Richboro, Bucks County, hosted the Bucks County Economic Development Corporation's (BCEDC) Annual Meeting. This year’s event brought together members, the Board of Directors, colleagues, and friends of BCEDC for an insightful meeting centered on the critical theme of Career and Technical Education (CTE).

With education and workforce development at the forefront, the meeting featured presentations from the three directors of Bucks County’s CTE programs. These leaders provided a deep dive into how CTE is shaping the future workforce, bridging the gap between academic knowledge and practical skills, and offering students a direct pathway to career success.

NOTEWORTHY NEWS

Visit Bucks County’s Annual Event

Bob Cormack, Executive Director, and Kelly Doughty, Executive Assistant, were delighted to attend Visit Bucks County’s Annual Event at the Lake House Inn, Perkasie, on Wednesday, October 9, 2024.

At the event, Paul Bencivengo, president, and CEO, unveiled Visit Bucks County’s newly released 2023 Annual Report. The report highlighted impressive growth in tourism, with Bucks County welcoming 8.2 million visitors last year.

FINANCIAL TOOLBOX

PIDA Program Rates Drop in the Fourth Quarter 2024

Below are the updated 2024 fourth quarter interest rate options for qualifying PIDA loan applications. These rates are in effect for loan applications received through December 31, 2024.

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

THE BOTTOM LINE

The Benefits of Working with a Telecom Broker

In today’s rapidly evolving telecommunications landscape, businesses are increasingly dependent on reliable, cost-effective communication solutions. Whether it’s internet services, phone systems, or data connectivity, making the right choices can significantly impact a company’s operations and bottom line. However, navigating the myriad of options from multiple providers can be overwhelming. This is where a telecom broker becomes invaluable.

THE BOTTOM LINE

The Small Business Development Center (SBDC): Helping Small Businesses in Bucks County Start, Grow, and Prosper!

Fortunately, the Pennsylvania Small Business Development Centers (SBDC) are here to help small business owners and aspiring entrepreneurs in Bucks County. Funded through the support of the Pennsylvania Department of Community and Economic Development, the U.S. Small Business Administration (SBA), and partnerships with educational institutions, the Pennsylvania SBDC network offers comprehensive services through its 15 centers across the Commonwealth.

THE BOTTOM LINE

Take Charge of Cyber Security this October with Kreischer Miller'sCyber Check-up

A single cyber incident can devastate your organization's reputation and finances. This Cyber Awareness Month, take charge of security!

To help you develop a better understanding of your organization’s cyber and information security risks, our Technology Solutions Group has created a Complimentary Cyber Check-up. This assessment can lay the foundation for developing an effective cyber and information security plan for your organization.

COMPANIES ON THE MOVE

BCEDC Real Estate Member SVN Ahia Commercial Real Estate, Property Sale Highlights in Feasterville, PA

604 E. Bristol Rd, Feasterville, PA

This 4.75-acre land development site, located in Lower Southampton Township, Feasterville, is a proposed self-storage development with approvals. Zoned as C-1, the site is well-positioned for commercial use. SVN represented the Seller, while Remco Realty Group LLC represented the Buyer. Price: $2.8M. 

COMPANIES ON THE MOVE

Roddy Inc. Brokers the Investment Sale of AutoParts Warehouse’s Suburban Philadelphia Headquarters

Roddy Inc., the Bensalem, PA industrial and commercial real estate brokerage firm, announced that it brokered the investment sale of the AutoParts Warehouse Headquarters Facility – a one-story building with two-story office area of ±55,919 square feet situated on 11.92 acres – to 355 S Flowers Mill Road LLC on behalf of Bugg, LLC.

COMPANIES ON THE MOVE

Colliers Facilitates the Sale of Pipersville Warehouse

Located at 32 Appletree Lane, the property is a multi-functional standalone industrial facility with office, light manufacturing and warehouse space. With twenty-foot clearing height, a drive-in bay and three exterior dock doors, the facility is well-equipped to serve a range of industrial tenants.

MEMBERS CORNER

Two BCEDC Members Selected as DVIRC Manufacturing Award Finalists

We are excited to share that two BCEDC members have been selected as finalists for the prestigious 2024 DVIRC Manufacturing Awards! These companies have demonstrated excellence, innovation, and a strong commitment to advancing the manufacturing industry.

 

2024 BCEDC Program Ad v2 copy

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