Poverty's Edge

The Community Action Committee of the Lehigh Valley's take on poverty, how it affects our communities, and what we're doing about it.

20 Feb

RISING TIDE LENDS $427,000 TO 10 SMALL BUSINESSES

FOR IMMEDIATE RELEASE CONTACT:    Chris Hudock     484-893-1039   RISING TIDE LENDS $427,000 TO 10 SMALL BUSINESSES   The Rising Tide Community Loan Fund has made 10 new loans totaling $427,182 in the last year creating or retaining 94 jobs.  Of the businesses that received loans, 2 were minority-owned, 8 were women-owned, 5 are located in low- to moderate-income census tracts and 4 were headed by low- to moderate-income entrepreneurs. The following businesses received loans: Salon 516, LLC, a new salon in Bethlehem, borrowed $50,000 to set...

22 Aug

Lehigh Valley Meet the Buyers on October 22, 2013: An Opportunity to Expand Your Business

Lehigh Valley Meet the Buyers An Opportunity to Expand Your Business Join us for the Lehigh Valley’s first “Meet the Buyers” event to be held on Tuesday, October 22nd at SteelStacks in south Bethlehem. Over a dozen Lehigh Valley organizations have created this expo for small business owners to network and grow their businesses. This unique event features 50 corporate and government purchasing agents, such as PPL Corporation, Lehigh Valley Health Network, and Sands Casino Resort Bethlehem. Small business owners will have opportunities...

22 Apr

Ready, Set, Expo Workshop Series to Start on April 23, 2013

FOR IMMEDIATE RELEASE                                             For more information: Kimberly Stout (e) kstout@caclv.org (t) 610.433.5703 Sally Handlon (e) sally@hbrllc.com (t) 484.241.4124  Ready, Set, Expo Workshop Series to Start Lehigh Valley, P.A – Coming this Fall to businesses in the Lehigh Valley is the first Lehigh Valley Meet the Buyers Expo.  This will bring purchasing and procurement professionals from all levels of government (Federal, State, Local) as well as private industry...

16 Apr

PRESS RELEASE: LEHIGH UNIVERSITY INVESTS $250,000 IN LEHIGH VALLEY MICROBUSINESSES

LEHIGH UNIVERSITY INVESTS $250,000 IN LEHIGH VALLEY MICROBUSINESSES Unique Partnership with The Rising Tide Enables Students to Learn Community Development Lending By Making Loans Lehigh University officials and students joined representatives of The Rising Tide Community Loan Fund today to announce a unique partnership that will invest $250,000 in Lehigh Valley microenterprises through The Rising Tide Community Loan Fund.   Two Lehigh University seniors are learning community development lending, making loans from the university’s investment.  The press...

09 Nov

Video – Rising Tide Community Loan Fund

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16 Aug

Press Release: SMALL BUSINESS TRAINING CLASSES RECRUITING ENTREPRENEURS

Community Action’s “Start Your Business” Program to Start 29th Bi-Annual Sessions The Community Action Development Corporation of Allentown (CADCA) will begin its twenty-ninth “Start Your Business” program on Monday, August 20, 2012.  The comprehensive, 20-week program is held on Monday evenings from 6:30 to 8:30 PM at 702 Hamilton Street, Allentown. CADCA’s entrepreneurial training program was created for people of low- to moderate-income who are thinking about starting a business or...

01 Aug

Press Release: THE RISING TIDE BOOKS $219,335 TO 8 SMALL BUSINESSES, CONCLUDING THE MICROLENDER’S BEST YEAR EVER

22 Additional Jobs Were Created or Retained The Rising Tide Community Loan Fund made 8 new loans totaling $219,335, making 2011-2012 its best year since it was established in 2001.  During the fiscal year that ended June 30, 2012, The Rising Tide Community Loan Fund booked 19 loans totaling $585,805.  The loans resulted in 70 jobs created or retained. The following businesses received loans: Valley Stone Supply, a stone supply business located in Hanover Township, borrowed $35,000; Great Day Sports...

31 Jan

Press Release: SMALL BUSINESS TRAINING CLASSES RECRUITING ENTREPRENEURS

FOR IMMEDIATE RELEASE:  SMALL BUSINESS TRAINING CLASSES RECRUITING ENTREPRENEURS   Community Action’s “Start Your Business” Program to Start 28th Bi-Annual Sessions The Community Action Development Corporation of Allentown (CADCA) will begin its twenty-eighth “Start Your Business” program on Monday, February 6, 2012.  The comprehensive, 20-week program is held on Monday evenings from 6:30 to 8:30 PM at 702 Hamilton Street, Allentown. CADCA’s entrepreneurial training program was created for people of low- to moderate-income who are thinking about starting a business or expanding...

19 Jan

One Million Thanks to M & T Bank

We welcome back Ellen Larmer, director of Community Action Development Corporation of Bethlehem (CADCB) to Poverty’s Edge. Ellen has been director of CADCB for over 9 years and has over 15 years of experience in government, military and non-profit organizations, including working both locally and internationally for the protection and well-being of children and families. Thanks for contributing!   M & T Bank received a huge thank-you on September 15th for their million-dollar support of Community Action Development Corporation’s Neighborhood Partnership Program over the past ten...

23 Dec

Once Upon A Time…

We welcome Chris Hudock, director of The Rising Tide Community Loan Fund to Poverty’s Edge.  Chris is strong supporter of our local communities’ small businesses.  He has been providing financial support to small businesses in theLehighValley since 2005.  Thanks for contributing!  While this starts out like a fairy tale this is actually a true story.  Once upon a time, most communities consisted of a variety of small business owners.  One could easily walk down the street to your local drug store when...

14 Apr

Developing Microbusinesses Strengthens Communities

Special thanks to Ellen Larmer, Director of the Community Action Development Corporation of Bethlehem, for this op-ed piece that was featured in the Morning Call. Back in the 1960s, when I was a kid, fathers went to work. That is, it seemed, every father except mine. He called himself a self-employed marketing consultant and he worked from home. Nobody understood why my dad didn’t go to a job each day. I guess if you didn’t work for somebody...

28 Feb

ARRA Supported Program Creates and Saves Nearly 100 Local Jobs

Thanks to Kim Stout, Business Development Coordinator of Community Action Development Corporation of Bethlehem, for this post! In order to cope with the emerging needs of small businesses in Lehigh and Northampton counties, CACLV and Lehigh Valley SCORE partnered in 2010 in hopes of keeping small businesses in the Lehigh Valley open while maintaining the jobs that go with them.  A joint effort created the Small Business Assistance Program.  The Small Business Assistance Program...

27 Jan

Featured Entrepreneur – Jessie Thompson; The Yoga Loft

“Improving the quality of life by building a community in which all people have access to economic opportunity…” This is the first part of CACLV’s mission statement, and one of the ways that we pursue this effort is by providing support to local small businesses – the backbone of our local economy.  The Community Action Development Corporations of Allentown and Bethlehem and the Rising Tide Community Loan Fund – three of CACLV’s subsidiaries – provide resources and...

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