The 5,500 people who live in the northeastern Pennsylvania town of Lehighton use electricity distributed by the borough government. In 2014, some of that power is expected to be generated by a hydroelectric plant at a nearby lake.
The re-purposing of older properties is cheaper than new development, with easier financing, and usually results in superior projects, from theaters to schools to hospitals.
Purpose collided with creativity at Ben Franklin Tech Ventures during a three-day event that featured entrepreneurs, designers, developers, and college students.
Five teams competed for $10,000 and a shot at nationals, and four students took home the prize for its innovative "Closing Schools, Opening Opportunities" plan.
Plehn Analytics, recipient of a recent $150,000 grant from Ben Franklin Technology Partners of Southeastern PA, is the first company of its kind to produce financial reports with information sourced directly from a range of government agencies.
New and expanding businesses in the central and northern parts of the state now have more of a shot at getting the money they need to reach their goals.
Economic development officials in Scranton are working to lure biotechnology companies into northeastern Pennsylvania, and they're building a new business incubator to aid in that task.