395 Seneca Street
P.O. Box 1127
Oil City, PA 16301
Phone:
814.677.4800
Fax: 814.677.7663
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Can you believe it’s mid-July already? It seems to me we haven’t
yet had summer; although, I know better, as I walk out of my
house and hear the music – the buzzing of the bees, the humming
of the hummingbirds, and the water fountain splashing in my koi
pond. Summer is another beautiful season in Northwest
Pennsylvania. Take a bike ride on Presque Isle, go for a hike in
Cook Forest, visit the region’s wineries, enjoy the local fairs
and festivals or participate in the Fourth Annual Kinzua Country
Tango! Endless outdoor activities keep northwest Pennsylvania
alive with its citizens and tourists making music – the splashing
of the water in swimming pools, the roar of the motorcycles, the
laughter from children playing and adults engaged in conversation
on a quiet summer evening. Listen. Can you hear the music?
Vice President
Biden Visits Northwest Pennsylvania
On
Wednesday, July 1, Vice President Joe Biden traveled to northwest
Pennsylvania to highlight Recovery Act Broadband investments. He
was joined by Secretary of Commerce Gary Locke, Secretary of
Agriculture Tom Vilsack, Federal Communications Commission
Chairman Julius Genachowski, and Congresswoman Kathy Dahlkemper.
A number of other local officials were in attendance as well.
The event took
place at Seneca High School in Erie, PA. The Vice President took
this opportunity to announce that under the Federal Stimulus
Plan, $7.2 billion of funding is available for broadband
initiatives nationwide. Under the current notice of funds
availability (NOFA), which runs through August 14, $4 billion of
the funding is available and open for applications.
We were
honored to work with the USDA in helping to facilitate the event
in this region, which was chosen by federal officials. It truly
shows the potential of northwest Pennsylvania is not only noticed
by local residents, but by those that live and work far outside
our region. Thank you to everyone that attended and helped make
this a successful event!
New Keystone
Opportunity Expansion Zone (KOEZ) Awarded
The
northwest region will become home to another KOEZ. The
commission received notice last week that our application was
approved for a new KOEZ that incorporates properties in Corry,
Erie County; Marienville, Forest County; New Castle, Lawrence
County; and, Farrell and Greenville, Mercer County.
Congratulations to all involved!
Northwest
Commission Honored
The
Northwest Commission was honored with two National Association of
Development Organization (NADO) Awards for the Export Compliance
Center and the IGET.IT Broadband Awareness Initiative. The
Commission will be recognized at NADO’s Annual Training
Conference in Chicago, Illinois, held August 29 - September 1.
The Export
Compliance Center provides regional businesses with export
control regulations counseling and necessary assistance to attain
compliance with these regulations in order to export products to
foreign buyers. More than ten regional exporters received
assistance from this program within the first six months of
implementation.
The IGET.IT
Broadband Awareness Initiative has turned the old school concept
of “aggregating broadband demand,” upside-down and created an
exciting, compelling context for promoting aggressive development
of regional broadband infrastructure.
“Dirty hands,
iced tea, garden fragrances thick in the air and a blanket of
color before me, who could ask for more?"
-
Bev
Adams, Mountain
Gardening
Happy
Gardening!
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The Loan
Committee approved three loans in June:
-
Pennlake
Corporation d/b/a Conrader Valves of Erie County
-
PennTecQ,
Inc. of Mercer County
-
Valenza
Restaurant of Crawford County
Recent Events
DCED increased the interest rate for the Small Business First (SBF)
loan program. The rate is now 5% or based on the 10 year
Treasury bill plus one percent, whichever is less. The rate
will be fixed for the term of the loan.
The Northwest Commission and SEDA COG were recently featured in
the Federal Reserve of Philadelphia online publication for
successful operation of their revolving loan funds. In the
article LDDS [Local Development Districts] Offer a Window on
Rural Pennsylvania, both organizations said that in 2008,
the number of applications and loans was below normal for the
small business sector, while the volume was substantial in the
agricultural sector. But as of this year, the Northwest
Commission have seen
an increase in businesses looking for working capital loans,
refinancing and smaller projects.
Since January 2008, the Commission closed 49 loans totaling
more than $5 million with a delinquency rate of four percent.
In addition, credit quality in applications and loans had not
declined.
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Government 101 – On the Road in Lawrence County
The Commission
is currently coordinating a Government 101 event for Lawrence
County (Ellwood City) in
September of 2009.
Please watch for updates regarding this event!
Regional Events:
SBA HUBZone and 8(a) Certification &
Contracting Workshop
July 29, 2009 - The U.S.
Small Business Administration will conduct an 8(a) and HUBZone
Certification & Contracting workshop from 9am - 12pm at
Riverside Center for Innovation, 700 River Ave., 1st floor
Conference Room, Pittsburgh (Northside). It is free to the
public. MBE/WBE and Veteran-owned businesses are encouraged to
attend. To register, contact Marisa Fentzel at 412-395-6560
ext. 109.
DSCC 2009 Land &
Maritime Supply Chains Business Conference and Exhibition
August 17-19, 2009 - The location will be the
Greater Columbus Convention Center located at 400 North High St., Columbus,
OH 43215. Registration is $550 and closes August 7. To view the
preliminary agenda,
click here. For more information regarding the event, please
visit
www.ndia.org/meetings/9780.
PTAC Training
Events
During these turbulent economic times, businesses throughout the
eight county region that the Northwest Commission serves are
constantly looking for new markets to sell their goods and
services and, like a good swimmer, they want to look before they
leap into something as vast as the government contracting
market. To assist these companies, the Northwest Commission’s
Procurement Technical Assistance Center (PTAC) / Government
Contracting Office has provided several no-cost courses
throughout the past year to regional businesses which have
covered a variety of government contracting related topics,
ranging from a “beginner’s course” (Govt 101) to more in-depth
topics (Govt 201). The response from the regional businesses has
been fantastic - over the last 12 months, the PTAC office has
seen a 200 percent increase in attendance at these training
events along with a 40 percent increase in businesses requesting
and signing up to become PTAC clients. These increases are not
only indicative of a vibrant business base in Pennsylvania’s
northwest region, but they also demonstrate the effectiveness of
the Northwest Commission’s PTAC program.
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Clarion,
Dongguk Universities sign ceremonial agreement
Clarion University President Joseph Grunenwald and IL Chung Kim,
Dean of International Programs and Education for Dongguk
University in Korea, have participated in a ceremonial signing of
an agreement that could result in an exchange program between the
institutions. The contact between the universities started when
Provost Valentine James and Jocelind Gant, assistant vice
president for international programs, represented Clarion
University in February during an educational mission to Asia
organized through the Center for Trade Development, DCED,
Harrisburg. For the full article of the Derrick newspaper,
click here.
PIW - Mark
your calendars!
The annual event for the international marketing program is vast
approaching. Pennsylvania International Week is scheduled
for the northwest region for September 9, 2009. It will be
located at Allegheny College, Schultz Banquet Hall, in Meadville.
Additional details are forthcoming.
India Trade
Mission 2009, Mumbai & Bangalore, India December 8 – 11, 2009
Exports from Pennsylvania to India increased by 28% in 2008.
During the trade mission, you will benefit from one day of
customized, one-on-one, pre-qualified, pre-arranged business
meetings in each city. On the second day, you will have the chance
to visit your potential partners at their facilities. Networking
luncheons in each location will provide you with the opportunity
to interact with local businessmen who are members of leading
industry associations and chambers of commerce. For additional
information and the registration form, please
click here.
Global Petroleum
Show 2010 Calgary, Canada June 8-10, 2010
Pennsylvania has once again secured a key spot at the Global
Petroleum show. The Global Petroleum Show is the most significant
petroleum event in the world. As a Pennsylvania company with
products/services in the gas and oil sector, you cannot afford to
miss this opportunity. For additional information and
registration form, please
click here.
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Commission Plays Key Role in Biden Visit
Northwest Commission staff played a key role in coordinating
an event in Wattsburg that included presentations by U.S.
Vice President Joe Biden, U.S. Secretary of Commerce Gary
Locke, U.S. Secretary of Agriculture Tom Vilsack,
Federal Communications Commission
Chairman Julius Genachowski, and U.S. Representative Kathy
Dahlkemper. The Commission was originally contacted by the
USDA on June 17 and asked to assist in
recommending locations and developing a guest list. The event
culminated with the announcement of $7.2 billion in broadband
stimulus funds availability.
W. Randy Rice with
Vice President Joe Biden
Commission Named “Review Partner” for Broadband Stimulus
Applications
The Pennsylvania Office of Administration (OA)
has selected the Northwest Commission and the six other Local
Development Districts of Pennsylvania (LDDs) to serve as “Review
Partners” for National Telecommunications and Information
Administration broadband stimulus proposals. Information
regarding the specific roles and responsibilities of the
Review Partners is available via a web page recently added to
the Northwest Commission website at
http://www.nwcommission.org/broadbandapp.
Bona Fide
Retail Request Program Ongoing – Future Directions in
Question
The Bona Fide Retail Request Program remains ongoing at the
Commission however new inquiries have slowed significantly
since April. Program emphasis is increasingly trending toward
providing updates on currently ongoing efforts. Technology
staff attributes the decline to the successful promotion of
the program and the fact that nearly 170 points of contact
have been established. As most communities are being placed
on “To Be Determined” or two year wait lists for deployment,
the Commission inquired about potential new directions
and priorities for the program in the funding cycle that was
originally anticipated to open in July. Responses to date
have not been definitive with uncertainty regarding the State
budget and the potential impact of the broadband stimulus
funds being cited as the reasons for longer consideration.
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