Stroudsburg – On Thursday, April 4, 2024 members of the Pocono community gathered to celebrate the Grand Re-Opening of the M&T Bank branch located at 900 North Ninth Street. “We are so excited to share this exciting time with so many members of the …Read More »
Sign up today for a FREE Small Business Consulting session with a Small Business Development Center Consultant! See links below for registration: April – https://pasbdc.ecenterdirect.com/events/31340 May – https://pasbdc.ecenterdirect.com/events/31341 …Read More »
Penn’s Northeast proudly acknowledges role in contributing to this significant achievement. Pittston, PA – For the first time, Northeastern Pennsylvania was recognized as one of the best locations across the entire United States for economic developm …Read More »
Eligible small diverse businesses can apply for funding grants to assist with working capital, inventory, equipment, marketing, and costs to support ongoing operations.
Over the past year, DCED has been working hard on developing a comprehensive, 10-year economic development strategy – the first of its kind in nearly two decades. The goals are clear – to make Pennsylvania a premier state to do business, outcompete oth …Read More »
A Disaster Declaration that was just made for an area of Northeast PA including Monroe County covering flooding that occurred on September 9 2023. The document below provides information on assistance for businesses and/or homeowners that may have been …Read More »
See links below for registration: January – https://pasbdc.neoserra.com/conferences/31081 February – https://pasbdc.neoserra.com/conferences/31082 March – https://pasbdc.neoserra.com/conferences/31083
Investments will spur business and economic development in 23 counties and support nearly 300 jobs statewide
Returning passenger rail services to Northeastern Pennsylvania has been a priority of Congressman Cartwright since first joining Congress, and on Friday, December 8 he announced that our rail project has qualified for federal funds. This week, U …Read More »
Monroe County approval: • The FABPAC Corporation, through Pocono Mountains Industries, Inc., was approved for a 15-year $554,935 loan at a 4.50-percent reset interest rate to help renovate its newly acquired 288,000-square-foot commercial packing manufacturing facility at 1941 Paradise Trail in Stroud Township. The renovations include new offices, a conference room, a cafeteria, restrooms, entrances, a reception and waiting room, executive suites, a sample room, and locker rooms. The company, also through Pocono Mountains Industries, Inc., was approved for a three-year, $100,000 SBF-Working Capital loan at a 5.00-percent fixed interest rate, which will be used for administrative, payroll and inventory expenses. The total project cost is $1,309,870. Fifty-seven new jobs will be created as a result of the project within the next three years.