Greater Reading Economic Partnership

News and Perspectives from Greater Reading Economic Partnership.

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The Top Resources for Startups

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In today’s globally accessible market, developing a startup takes much more than a great idea. To be truly successful, it’s important to take advantage of the wealth of resources available to you. Various organizations, publications, and influential people are certainly out there to point you in the right direction. This month, we’ve broken down the necessities to get your small business started down a profitable path. 

Funding 

The Importance of Economic Development Organizations

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In order to ensure the current and future success of businesses in a particular area, many state and regional governments enlist the help of economic development organizations (or “agencies”). In most cases, these organizations work with businesses and/or local government to act in the interest of local businesses, seek new economic opportunities, and develop new partnerships to drive economic growth. The duties and services of these economic development organizations vary by region, and this month we’re covering some of the most important items for driving future growth. 

Greater Reading Races to the Top

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Here is more proof that Greater Reading, PA is heading in the right direction. The Labor Market 150 Index, a new quarterly ranking from EMSI and CareerBuilder, assesses the labor market performance of the nation’s 150 largest metro areas. Greater Reading, PA ranks 4th out of 150 in Job Quality for 2014. The index combines 11 historical, current, and leading indicators and groups them in four categories: overall employment change, quality employment change, unique job postings, and unemployment rate. 

#MFGDAYBERKS

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In 2012 the Greater Reading Economic Partnership (GREP) launched a marketing campaign, Careers in 2 Years (CI2Y). This campaign is designed to target middle and high school aged students and their parents to consider career and technology school as a viable option for their future. This year, GREP launched Careers in 2 Years 2.0, targeting returning veterans and underemployed/unemployed individuals to promote retraining or additional training for a technical career.

Companies Expanding in Greater Reading, PA

Jon Scott's picture

Greater Reading, PA has continued to experience growth from within. Over the last three years, over 20 existing companies have expanded their operations. This is an important sign not only in our immediate local economy, but also in the regional, national and global economy.

While there are a variety of factors at play, we attribute the growth in Berks to lower costs, lower interest rates, and the willingness of companies to make investments in growing their companies.

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