Bedford – The Bedford County Development Association (BCDA) recently held a Financing Seminar to educate local businesses about public loan programs.
Over thirty local businesses and bankers learned about loan programs available to a wide array of industries including agriculture, hospitality and tourism, manufacturing, child day-care, construction, developer, research & development, defense conversion, recycling, mining and service enterprises.
Six speakers gave overviews of their programs including representatives from PA Department of Community & Economic Development (DCED), Southern Alleghenies Planning & Development Commission (SAPDC), Catalyst Connection, The Progress Fund, Altoona-Blair County Development Corporation (ABCD), and the Small Business Development Center (SBDC).
Sponsors included: Altoona First Savings Bank, First National Bank of PA, Hometown Bank of PA, Ritchey, Ritchey & Koontz, Small Business Development Center and Somerset Trust Company.
For information on public business finance opportunities please contact Terri Brumbaugh at BCDA at (814) 623-4816 or via e-mail brumbaugh@bcda.org.