|
RECOVERY ZONE BOND FINANCING AVAILABLE
Today, July 15, 2010, Wayne County has been declared a recovery zone by the Wayne County Commissioners, making recovery zone bond financing available for Wayne County Projects. Recovery Zone Facility Bonds were created as part of the American Recovery and Reinvestment Act of 2009 to stimulate the economy by making below-market financing available for private business projects across the country.
Wayne County’s allocation of recovery zone facility bonds is $ 2,064,000. Recovery Zone Bonds are a new type of private activity bond, already authorized by the Internal Revenue Code of 1986. Pennsylvania Economic Development Financing Authority (PEDFA) will be the issuer of these bonds for Wayne County Projects and WEDCO will act as the Applicant/Agent for these project. Eligible uses of the funds include purchasing real estate, renovating a building, or purchasing machinery and equipment. Borrowers will be required to obtain a letter of credit to secure the bonds. The tax-exempt nature of these bonds affords borrowers a below-market interest rate.
|
|
|
THREE COUNTIES FORM MARCELLUS SHALE COALITION
Delhi, NY, Honesdale, PA, Monticello, NY (July 12, 2010) - The economic development agencies of three counties in the Delaware River corridor - Delaware County, New York, Wayne County, Pennsylvania and Sullivan County, New York - have formed a coalition to provide information to the region’s residents about the economic impacts of gas drilling.
The coalition will seek and provide research-based information to help communities make sound business and environmental decisions. Mary Beth Wood, Executive Director of the Wayne Economic Development Corporation commented, “By pooling our resources, we can gather the best information that’s out there for our constituents.” Safe and responsible gas development could provide the three counties with much needed jobs and economic growth.
|
|
|
BUSINESS DEVELOPMENT SEMINAR SCHEDULED FOR JUNE 25
Did you know that all of Wayne County is HUB-Zone certified which gives us an advantage in government contracting?
Or that Pennsylvania boasts one of the most robust international trade networks?
Northeastern Pennsylvania Alliance's expert team of enterprise developers are coming to Wayne County on Friday, June 25, 2010 for a two-hour seminar on tools and programs available to generate revenue for business. The event will be held from 10:00 AM to Noon at the Wayne County Visitors Center, 32 Commercial Street, Honesdale.
The program will include a look at financing programs available to small businesses, as well as information on government procurement and international trade.
Click here for more information or call Denise McLaud at NEPA Alliance at 570-655-5581.
|
|
|
HESS CORP. EXECUTIVE TO SPEAK AT APRIL 15 ANNUAL MEETING
HONESDALE, PA, March 19, 2010—Wayne Economic Development Corporation (WEDCO) will host their Annual Meeting & Dinner on Thursday, April 15, at Bryn Mawr Conference Center in Honesdale. Mr. Eugene (Gene) Linscomb, Business Manager – Global Exploration New Venture and Unconventional Resources for Hess Corporation, will deliver the keynote address.
The Annual Meeting will begin at 6:00 p.m. with a complimentary social hour, including hors d’oeuvres and a jazz ensemble. A buffet dinner will follow at 7:00 p.m.
Special thanks to our event sponsors: PPL Utilities, Hess Corporation, Reilly Associates, The Dime Bank, Linde Construction, Leeward Construction, Camp Bryn Mawr.
Seating for the dinner is limited, and reservations are required. The cost is $80 per person; $75 per person with two or more reservations. Tables of 8 are also available at a discounted cost. Contact WEDCO at 570-253-5334 or info@wedcorp.org for reservations.
|
|
|
SCORE Volunteers Sought for Wayne County
Put your experience to work in your community! SCORE is looking for community minded individuals (working or retired) who enjoy learning, problem solving and sharing their business knowledge with new and existing businesses. SCORE members provide business counseling services free of charge to people in the local community. Volunteers frequently counsel directly from their home or office. Entrepreneurial experience (while helpful) is not essential – SCORE needs volunteers with varied backgrounds including marketing, accounting, operations, human resources, IT, legal, etc.
The demand for SCORE services currently outweighs the number of SCORE counselors in Wayne and Pike Counties. If you would like to put your talent and experience to work helping your small business neighbors here in Wayne and Pike County call 570-253-1960. For more information on SCORE, what counselors do, qualifications to become a SCORE volunteer, and how you can help visit www.scorescranton.org
|
|
|
<< Previous 1 2 3 Next >> |
|
