Economic Development – Page 4 – SEDA Council of Governments

Businesses: Survey on COVID Impact Now Open

Posted on April 11, 2022 by

Businesses in an 11-county region have the opportunity to complete a COVID-19 impact survey whose results will help SEDA-Council of Governments (SEDA-COG) further respond to the needs of businesses during this time. This survey checks in approximately one year after our first survey that assessed how businesses in our area were coping in the midst of the pandemic.

This survey has been developed to gauge the impact of the pandemic on overall business operations, as well as if and how businesses have successfully adjusted.

The survey questions include, but are not limited to, if the business and their staff have adequate internet access; adaptations they’ve made; types of services and assistance they need; and if they are interested in collaborating with other business owners.

It takes less than 10 minutes to complete, and businesses are asked to complete the survey by May 7.

Businesses should be located within the following counties: Centre, Clinton, Columbia, Juniata, Lycoming, Mifflin, Montour, Northumberland, Perry, Snyder, and Union.

SEDA-COG is a Lewisburg-based agency that builds strong economies and communities by partnering with, investing in, and revitalizing local companies and communities.
Betsy Lockwood, SEDA-COG Director, Project Development/Grants, said this is a tool to provide further assistance to businesses.

“While we have helped hundreds of businesses since the start of COVID-19, we created this 2nd phase survey realizing that businesses may still be struggling, perhaps with different issues. It is essential to capture the type of help and level of assistance businesses in our region need to continue fostering our local economy. The results also will identify ongoing and future responses needed during these unprecedented times,” Lockwood said. “The pandemic has created large gaps of need, and one of SEDA-COG’s primary roles is to bridge those gaps and help businesses and communities to meet their needs and empower them to reach their goals.”

The survey can be taken at https://seda-cog.org/covid-19-business-impact-survey/

For more information about the survey, contact Betsy Lockwood at elockwood@seda-cog.org.

As a community and economic development agency, SEDA-COG enhances the quality of life and economic advantage for residents and businesses in 11 central Pennsylvania counties through its vital partnerships and initiatives. SEDA-COG also is an advocate for the interests of its communities at the state and federal levels. For more information, visit www.seda-cog.org.

Request for Proposals: ARC Power Initiative

Posted on March 10, 2022 by

The ARC POWER Initiative 2022 Request for Proposals is open.

ARC POWER funds target federal resources to help communities and regions that have been affected by job losses in coal mining, coal power plant operations, and coal-related supply chain industries due to the changing economics of America’s energy production.

Please note that Letters of Intent (LOI) are due by April 4th, 2022. It does not lock you into an application but without an LOI, you are not able to apply.
ARC POWER proposals are due April 29, 2022.

ARC POWER website: https://www.arc.gov/power-how-to-apply/
RFP: https://www.arc.gov/wp-content/uploads/2022/02/POWER-2022-RFP.pdf

Betsy Lockwood is able to assist potential applicants. Please feel free to contact her at elockwood@seda-cog.org if you have any questions.

Unemployment, Labor Force Participation and Poverty Update

Posted on December 21, 2021 by

Unemployment Rate (February 2020 to October 2021):

SEDA-COG Region, Pennsylvania, and U.S.A.
In April 2020, at the peak levels of unemployment caused by the COVID-19 Pandemic, the SEDA-COG Region’s unemployment rate was nearly equal to the United States’ rate of 14.4% and was lower than the Pennsylvania rate of 15.9%. From April 2020 until December 2020, the SEDA-COG Region’s unemployment rate was on average below both the Pennsylvania and the national unemployment rate. However, in more recent months, SEDA-COG Region’s unemployment rate has been above both the state and national rate by a fraction of a percentage.
Source: Pennsylvania Department of Labor and Industry, Local Area Unemployment Statistics (LAUS)

Labor Force Participation Rate by Age Groups:

SEDA-COG Region, Pennsylvania, and U.S.A.
Labor force participation includes working-age adults who are either working or looking for work. During 2015-2019 American Community Survey, the labor force participation rate for the population of the SEDA-COG region (16 years and over) was 58.2%. This is lower than both Pennsylvania (62.8%) and the United States (63.4%). The graph illustrates labor force participation by age groups, comparing the SEDA-COG Region, the state, and the national rate. For the age groups between 45 years and over, the SEDA-COG Region’s participation rate is equivalent to the state and national rate. However, in the age groups between 20 years and 44 years, the SEDA-COG Region is below Pennsylvania and the United States. The 20 to 24 years age group is the most drastic, as the SEDA-COG Region’s participation rate is 60.7%, versus Pennsylvania at 73.8% and the U.S. at 75%. This is possibly a result of the proportionately large population of university students in the SEDA-COG Region, primarily in Centre and Columbia counties.
Source: U.S. Census Bureau, 2019: American Community Survey 5-Year Estimates

Poverty Status in the Past 12 Months (2019):

SEDA-COG Region, Pennsylvania, and U.S.A.
During 2019, 14% of the SEDA-COG’s Region was below the poverty rate. This is higher than both the state (12.4%) and the United States’ poverty level (13.4%). Six counties in the SEDA-COG region exceeded the state rate: Centre (18.2%), Clinton (15.5%), Columbia (15.0%), Lycoming (13.6%), Mifflin (13.5%), and Northumberland (13.2%). Of these six counties, Northumberland and Mifflin do not have large universities. Counties with large universities and students living off-campus, can statistically impact poverty rates. This is especially true for Centre (Penn State University) and Columbia (Bloomsburg University) and can be inferred to impact Lycoming (Pennsylvania College of Technology and Lycoming University) and Clinton (Lock Haven University).
Source: U.S. Census Bureau, 2019: American Community Survey 5-Year Estimates

Grant Bolsters Centre County Small Businesses

Posted on December 17, 2021December 17, 2021 by

Through the Centre County Commissioners Small Business Grant, using funds distributed under the American Rescue Plan, over 250 small businesses received assistance totaling $2.7 million dollars.

Businesses in Centre County were able to apply for these funds from July through October of 2021. Funds could help cover operating expenses incurred during 2021. Operating expenses included but were not limited to payroll, rent, mortgage, utilities, costs of goods, supplies, raw materials, etc. The average amount of grant funds awarded was $10,767.44.

SEDA-COG worked with independent contractor, Harry Mathias, for setting up the grant parameters, application, and review. Applicants were selected based on loss of revenue, having fewer than 500 full time employees, and impact felt from the COVID-19 pandemic. SEDA-COG worked in partnership with small businesses and the Centre County Commissioners to ensure they received the support they needed, including handling the accounting and distributing of grants funds.

Kim Wheeler, Executive Director of SEDA-COG says, “The Commissioners of Centre County recognized the need to support a diverse range of small businesses during an extremely trying time. SEDA-COG is grateful for this leadership in the region that had a positive impact on so many businesses and their families. The opportunity to collaborate with our member counties and coordinate this kind of support for the region’s economy is of upmost importance to us.”

“We appreciate SEDA-COG’s assistance in awarding the money so quickly to so many small businesses throughout the 4th largest county in Pennsylvania by area. Without SEDA-COG’s help, disbursement of the small business grant funds would have been delayed,” says Centre County Commissioner Mark Higgins.

Commissioner Higgins continued, “The Centre County small business community has been very appreciative of the Commissioners’ assistance. We have actually seen fewer businesses close than usual. Since so many of our businesses survived, our downtowns are now thriving. We also want to thank the citizens of Centre County for strongly supporting their locally owned businesses.”

SEDA-COG is a community and economic development agency in Lewisburg and is one of seven Local Development Districts in Pennsylvania. SEDA-COG enhances the quality of life and economic advantage for residents and businesses in the 11 central Pennsylvania counties through its vital partnerships and initiatives.

For more information, please contact Elaine Stauder, communications coordinator, SEDA-Council of Governments, at 570-522-7429 or estaude r@seda-cog.org