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


DECEMBER 2019

HAPPY HOLIDAYS FROM BCEDC!

BCEDC'S ACCOMPLISHMENTS IN 2019

NOTEWORTHY NEWS | ELECTRICITY SHOPPING

In Pennsylvania, Residents Can Shop for Their Electricity Provider

Tis the season for shopping. Did you know there is a way to shop this month that won’t cost you a cent and can actually save you money?

In Pennsylvania, residents can shop for their electricity provider – the company that sells you the electricity you use. Your current electric utility will still deliver electricity to you, send your bills and respond to any power outages that may occur. But shopping for an alternative electric supplier can save you money if you shop wisely and pay careful attention to contract terms.

NOTEWORTHY NEWS | WARRIOR RISING

TEAM Bucks Member, Temple Small Business Development Center, and Warrior Rising Launch “Small Business Special Forces Incubator” 

A print maker, a health and wellness coach, a cardboard manufacturer sit in a classroom among other classmates with two major things in common; all are veterans and all are entrepreneurs ready to grow their business.

THE BOTTOM LINE | WEBSITE MAINTENANCE FEES

Keeping Up with the Internet – Why Website Updates & Security Maintenance are Vital

There are many factors that dictate the success of a website, such as design, SEO, content and functionality. An important factor that many businesses tend to ignore is website maintenance, often opting out of a maintenance plan to save money, leaving their websites vulnerable to attack and failure. 

SAVE THE DATE

FINANCIAL TOOLBOX | PIDA

Economic Impacts of PIDA Real Estate Loans for the Entire Commonwealth*

As a condition of the program, recipient companies pledge to retain and/or create full-time jobs. Loan applications are packaged and underwritten by a network of certified economic development organizations that partner with PIDA to administer the program.

FINANCIAL TOOLBOX | LOAN PROGRAMS

Current Loan Programs

Diverse Business Financing Initiative (DBFI)

The fund is to support and grow qualifying diverse businesses committed to full-time job creation and retention. Small businesses operated by minorities, women, veterans, service-disabled veterans, LGBT individuals, and more qualify for low-interest loans packaged and underwritten by the BCEDC in partnership with PIDA. Contact us 215.348.9031 to learn how we may help your business grow or visit www.bcedc.com/funding-sources/loan-programs/other/dbfi.

COMPANIES ON THE MOVE | CAPITAL HEALTH

Capital Health Acquires Lead Certified M.O.B. in Lower Makefield Township, PA

Major Hospital System Continues Expansion into Bucks County, Pennsylvania

Capital Health, the Hopewell, NJ based hospital system and one of the Delaware Valley's leader in providing progressive, quality patient care recently acquired a lead certified, Class A medical office building in Yardley, Pennsylvania. 

COMPANIES ON THE MOVE | RODDY INC.

BCEDC Member Frank Roddy Assisted Pan-X Services, LLC with Building Purchase

Roddy Inc., the Bensalem based industrial and commercial real estate brokerage firm, announced that it represented PAN-X Services LLC, an entity related to Panadyne, Inc., in the acquisition of 440 Stump Road, Montgomeryville Industrial Center, Montgomeryville, Montgomery County, PA, which was purchased for $1,325,000.

BCEDC BUSINESS HAPPENINGS | MONTCO PIDA LOAN

BCEDC Partners with Montgomery County Commerce Department on a New PIDA Loan Approved in Montco

BCEDC & MCCD are excited about what this partnership will do for local businesses, our counties and the region.

MEMBERS’ CORNER | DENISE M. BOWMAN

AMM Partner, Denise M. Bowman Elected Common Pleas Court Judge

AMM is very proud to announce that, our Partner, Denise M. Bowman, was elected to serve as Judge on the Bucks County Court of Common Pleas. 

MEMBERS’ CORNER | NAI MERTZ

NAI Mertz’s Jeff Licht and Adam Lashner Broker Lease Transactions Totaling over $3 Million in 3rd Quarter 2019

Over 125,000 SF in Leases Recorded Throughout Bucks County, PA

NAI Mertz, a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania, announced that the team of Jeff Licht, SIOR, senior vice president, and Adam Lashner, SIOR, vice present, completed over 125,000 square feet in lease renewals totaling more than $3 Million throughout Bucks County, Pa. in the third quarter of 2019.

MEMBERS’ CORNER | PPL

Reliable, Affordable, Sustainable

Our grid is very similar to our highway and local roadway system. Transmission is the highways, delivering electricity efficiently and safely over long distances. Improving and expanding transmission provides reliable, affordable, sustainable electricity.

PPL started investing heavily in their transmission system in 2013, and continued this work every year since.

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