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Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
Bridgeworks Enterprise Center - Allentown Economic Development Corporation
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Bridgeworks Enterprise Center - Allentown Economic Development Corporation

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An informational presentation about the Bridgeworks Enterprise Center in Allentown, PA. This project of the Allentown Economic Development Corporation houses a small business incubator focused on …

An informational presentation about the Bridgeworks Enterprise Center in Allentown, PA. This project of the Allentown Economic Development Corporation houses a small business incubator focused on manufacturing. Small business loans and incentives are available to entrepreneurs and start ups.

Published in: Real Estate
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  • AEDC invested $2.4 million in renovation BEC is 85k SF with 42k SF rentable space
  • tech assistance = biz plan writing entrepreneurial ed = programming, including SCORE, SBDC, etc. start-up capital = BEC loan program, EZ rlf shared services = receptionist, fax/mail service, internet, utilities
  • 36 grads employing 296 people
  • also consider businesses that provide support services to manufacturers
  • great place = subdiv ordinances, zoning, tax code all friendly for mfg
  • Transcript

    • 1. Bridgeworks Enterprise Center Business Incubator
      • Matthew Tuerk
      • Allentown Economic Development Corporation
    • 2. Allentown Economic Development Corporation
      • For over 30 years, AEDC has facilitated economic development in Allentown
      • AEDC provides economic development services, including small business financing and site location assistance
      • Our mission is to identify, encourage, manage, and develop business opportunities for the benefit of Allentown, its citizens, and the Lehigh Valley
    • 3. Mack Plant 4A in 1925
    • 4. Bridgeworks Enterprise Center 2010
    • 5. Turning a Mack Plant into a Business Incubator
      • In 1988, AEDC acquired Mack Plant 4A and transformed it into the Bridgeworks Enterprise Center, home to the Bridgeworks Business Incubator
    • 6. How do we incubate businesses at the Bridgeworks?
      • Technical assistance
      • Entrepreneurial education through partners
      • Start-up capital
      • Shared services
      • Subsidized real estate
      • Facilitate entrepreneurial interaction
    • 7. Types of Bridgeworks space
      • Collaborative Workspace
        • Open floorplan with wireless internet, workstations and private meeting rooms
      • Home Office Alternative
        • +/- 200 square foot suites with a shared conference room
      • Manufacturing Suites
    • 8. What is the manufacturing space like?
      • Suites range from 1,200 to 6,500 square feet with 15’ ceiling clearance and wood or concrete floors
      • Clients have 24-hour access to their unit and ample parking
      • Shared conference room
      • 2 shared loading docks are available for spaces without dock doors
      • Spaces feature amazing natural light
    • 9. Who has been through the program?
      • Graduates include VistaCom, Applied Separations, AERC, and Solar Tech
      • Current clients include Luminaire Testing Lab, ColdEdge, and MTS Ventures
    • 10. What kind of clients are we looking for today?
      • In 2010, we are focused on our mission of providing incubation services to small manufacturers. We are particularly interested in companies that fabricate products that are employed by the clean/green technology industries
    • 11. Why small manufacturing?
      • Allentown is a great place to make things
      • Allentown’s industrial buildings were built for small manufacturing
      • Nearby workforce
      • Good access to commercial transportation
    • 12. Upcoming Events
      • May 20
        • AEDC/LVEDC Hackerspace & Shared Fabrication Shop Panel Discussion
        • ULI/AEDC Urban Industrial Event
    • 13. Questions?
      • contact:
      • Lewis Edwards
      • [email_address]
      • (610) 770-1015
      • www.thebridgeworks.com

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