Team PA supports Pennsylvania’s International Week; Governor touts Innovate in PA as a high-wage job accelerator; Governor announces 300-plus new jobs with PPG Industries; Registration open for economic development course
Team PA supports Pennsylvania’s International Week
Department of Community and Economic Development Secretary C. Alan Walker announced Pennsylvania International Week, Sept. 16-27, during which the state will host a number of events for Pennsylvania companies looking to grow internationally.
“Governor Corbett’s commitment to drive international business interest in the commonwealth has allowed for Pennsylvania companies to enter into new foreign markets,” Walker said. “This past year, the Office of International Business Development helped Pennsylvania businesses generate nearly $800 million in export sales supporting more than 7,000 new Pennsylvania jobs.”
The Corbett administration has made helping Pennsylvania companies access the broader international marketplace a priority. These efforts have helped companies grow and, during the past year, created 7,027 new jobs and generated approximately $59 million in state tax revenues.
The state is sponsoring a number of events statewide, as a part of Pennsylvania International Week, to assist commonwealth companies looking to sell products and services overseas. Pennsylvania’s international trade representatives will meet at each event with companies seeking foreign market intelligence, agent and distributor candidates, as well as industry and government contacts.
Pennsylvania International Week is hosted by DCED’s Office of International Business Development, a professional team of international economic development specialists, in partnership with its 10 Regional Export Network (REN) partners across the state, Team Pennsylvania Foundation and many other public and private sector partners in each region. Due to popularity, the Pennsylvania International Week evolved into a two week event to meet the demands of increased participation.
This year’s events will include a series of presentations, seminars and networking events for businesses at 11 locations throughout the state.
Read the full schedule of PIW events.
Governor touts Innovate in PA as a high-wage job accelerator
Governor Tom Corbett toured Innovation Works’ AlphaLab, a leading business startup facility, where he joined members of the legislature to launch Innovate in PA, a new program created to accelerate high-wage job growth through supporting entrepreneurs and startup businesses.
“With 98 percent of new jobs in Pennsylvania coming from startups and small emerging growth companies, Innovate in PA is a common-sense approach to economic growth,” Corbett said. “Innovate in PA’s investments will help forward-thinking companies inspired with vision to become household names, turning Pennsylvania into the next Silicon Valley.”
Innovate in PA will offer $100 million in deferred tax credits to insurance companies in the state to raise funds over multiple years. The funds raised will be directed to the highly successful Ben Franklin Technology Development Partners, three Life Sciences Greenhouses and the Venture Capital investment program.
Innovate in PA is projected to create a minimum of 1,850 technology jobs, nearly 3,500 indirect jobs and more than double the return-on-investment back to the state. For every dollar invested via Innovate in PA in early-stage businesses, it is projected that $2.37 will be returned to the state in additional tax revenues.
“With Innovate in PA we offer new ways to support creative thinking and business know-how with vital investment,” Corbett said. “Every great business begins with a bold idea and we are here to give you that initial boost to propel your startups from a plan on paper to a thriving company that embodies the American dream.”
Governor announces 300-plus new jobs with PPG Industries
Governor Tom Corbett announced PPG Industries, Inc. will establish its North American Architectural Coatings headquarters in Butler County and expand the company’s existing technology center in Allegheny County, adding more than 300 new jobs in both counties.
“We continue to see momentum building in the Pennsylvania economy and businesses are moving here to grow,” Corbett said. “Today is a win for southwestern Pennsylvania, proving that the best way to spur new job growth is to work with local leaders and businesses. We appreciate our partnership with Allegheny and Butler counties, and the Allegheny Conference, to help bring more than 300 new jobs to the region.”
This project is expected to generate an investment in excess of $14 million for infrastructure, equipment and employee training. The company is projected to create more than 300 jobs between both sites and retain another 2,500 positions throughout the state.
PPG, a coatings and specialty products company, will establish its North American Architectural Coatings business at an approximately 120,000-square-foot facility in Cranberry Township, Butler County, consolidating operations from Louisville, Ky., Dover, Del., and Strongsville, Ohio.
Registration open for economic development course
Since 1987, the Economic Development Course in Pennsylvania has served the needs of full-time economic development practitioners and those involved in economic development in a secondary way.
The course draws participants whose background range from the seasoned professional to the beginning practitioner. Participants learn theoretical and practical approaches to economic development.
The Economic Development Course in Pennsylvania is accredited by the International Economic Development Council (IEDC). The IEDC is the nation’s largest membership organization for economic developers. The course is considered the equivalent of the IEDC’s Introduction to Economic Development Course, and serves as a requirement to sit for the Certified Economic Developer (CEcD) exam.
The course will be held Dec. 2-5, 2013, at the Eden Resort, Lancaster. For more information, visit the course website.