Pennsylvania Business Community Resources

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Pennsylvania Business Community Resources

Posted On : Aug-12-2013 | seen (921) times | Article Word Count : 545 |

When most people think about hotbeds of economic growth and opportunity in the United States, the typical responses are cities such as New York and San Francisco.

When most people think about hotbeds of economic growth and opportunity in the United States, the typical responses are cities such as New York and San Francisco. And while those coastal cities can be incubators for business innovation, there is another long-standing center of commerce - Pennsylvania. The Keystone State has been at the forefront of American commerce for years, from the era of the steel industry boom to today's innovative high-technology industrial successes. The state is also benefiting from a rise in banking and energy industries, particularly in Pittsburgh.

While the steel industry in the United States declined decades ago, Pennsylvania has adapted and grown, due in part to the resources made available to the Pennsylvania business community by the state. In addition to having a strong tradition of Pennsylvania companies and successful business people investing back into their own communities, a wide array of economic incentives such as those provided by the Pennsylvania Department of Community & Economic Development have fostered innovation and employment across the state.

Opportunities for Business in Pennsylvania

Part of what creates a strong Pennsylvania business community is that support systems are in place for a wide variety of industries and for businesses at all stage of their development. The state offers support programs for new businesses, start-ups, international companies looking to relocate, or established businesses seeking expansion. Geographically, Pennsylvania is an excellent location for businesses, as about 40 percent of the entire population of the United States is located within 500 miles of the state.

Educated Workforce and Commercial Infrastructure

Additionally, Pennsylvania offers the business community some invaluable resources via its infrastructure. Staying connected with the rest of the country and world is crucial for the success of any business. Pennsylvania provides an unparalleled opportunity to do so, with three major sea ports and six international airports within the state's borders. In addition, the state is home to many renowned public and private institutions of higher education, meaning that an educated workforce is always available. Companies investing in Pennsylvania know that they will have the opportunity to grow with capable leaders and forward-looking thinkers.

Investor Funding in Pennsylvania

In addition to all of the resources that Pennsylvania provides based upon the established infrastructure and educational institutions, the state provides generous funding for new and existing businesses hoping to get established or expand operations in the Commonwealth of Pennsylvania.

Part of what sets Pennsylvania apart from other potential markets across the United States and the world is the generous funding of the Commonwealth Financing Authority. The Commonwealth Financing Authority is the organization through which Pennsylvania's government provides various grants, loans and tax incentives to companies looking to invest in the state. Programs administered by the Commonwealth Financing Authority provide incentives for companies to build in economically depressed areas, offer advantages to small, local businesses and provide the means for local governments to make their particular jurisdictions more attractive to businesses from across the region and the world.

Whether businesses are looking to establish a main headquarters in already-popular areas such as Pittsburgh or Philadelphia, or they are looking to find a place all their own in a more rural area, Pennsylvania provides many networks of support for emerging businesses.

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<h1>Pennsylvania Business Community Resources</h1> Author: <a href='http://www.articleseen.com/profile_Mr William Hauselberg.aspx'>Mr William Hauselberg</a> When most people think about hotbeds of economic growth and opportunity in the United States, the typical responses are cities such as New York and San Francisco. And while those coastal cities can be incubators for business innovation, there is another long-standing center of commerce - Pennsylvania. The Keystone State has been at the forefront of American commerce for years, from the era of the steel industry boom to today's innovative high-technology industrial successes. The state is also benefiting from a rise in banking and energy industries, particularly in Pittsburgh.

While the steel industry in the United States declined decades ago, Pennsylvania has adapted and grown, due in part to the resources made available to the Pennsylvania business community by the state. In addition to having a strong tradition of Pennsylvania companies and successful business people investing back into their own communities, a wide array of economic incentives such as those provided by the Pennsylvania Department of Community & Economic Development have fostered innovation and employment across the state.

Opportunities for Business in Pennsylvania

Part of what creates a strong Pennsylvania business community is that support systems are in place for a wide variety of industries and for businesses at all stage of their development. The state offers support programs for new businesses, start-ups, international companies looking to relocate, or established businesses seeking expansion. Geographically, Pennsylvania is an excellent location for businesses, as about 40 percent of the entire population of the United States is located within 500 miles of the state.

Educated Workforce and Commercial Infrastructure

Additionally, Pennsylvania offers the business community some invaluable resources via its infrastructure. Staying connected with the rest of the country and world is crucial for the success of any business. Pennsylvania provides an unparalleled opportunity to do so, with three major sea ports and six international airports within the state's borders. In addition, the state is home to many renowned public and private institutions of higher education, meaning that an educated workforce is always available. Companies investing in Pennsylvania know that they will have the opportunity to grow with capable leaders and forward-looking thinkers.

Investor Funding in Pennsylvania

In addition to all of the resources that Pennsylvania provides based upon the established infrastructure and educational institutions, the state provides generous funding for new and existing businesses hoping to get established or expand operations in the Commonwealth of Pennsylvania.

Part of what sets Pennsylvania apart from other potential markets across the United States and the world is the generous funding of the Commonwealth Financing Authority. The Commonwealth Financing Authority is the organization through which Pennsylvania's government provides various grants, loans and tax incentives to companies looking to invest in the state. Programs administered by the Commonwealth Financing Authority provide incentives for companies to build in economically depressed areas, offer advantages to small, local businesses and provide the means for local governments to make their particular jurisdictions more attractive to businesses from across the region and the world.

Whether businesses are looking to establish a main headquarters in already-popular areas such as Pittsburgh or Philadelphia, or they are looking to find a place all their own in a more rural area, Pennsylvania provides many networks of support for emerging businesses.
About the Author: The author has an immense knowledge on <a rel="nofollow" href="http://www.techburgher.com/entrepreneurs/">Pennsylvania business community</a>. Know more about Pennsylvania business community related info in his website http://www.techburgher.com/entrepreneurs/
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Article Source : http://www.articleseen.com/Article_Pennsylvania Business Community Resources_275402.aspx

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The author has an immense knowledge on Pennsylvania business community. Know more about Pennsylvania business community related info in his website http://www.techburgher.com/entrepreneurs/

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