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Statewide venture fund makes first investments

Four months after taking the field, a statewide venture fund is taking its first shots.The so-called GO PA Fund has invested in two companies, a financial technology firm based in Swarthmore and an advertising tech company based in New York, albeit with roots and some operations in Philadelphia. The fintech company is LoanStar Technologies, which helps […]

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Small housing group aims for bigger impact

About a dozen years ago, several members of East Chestnut Street Mennonite Church in Lancaster banded together to start a nonprofit focused on creating affordable housing, with a focus on people experiencing homelessness.Their first project was the purchase and conversion of a single-family home at 639 E. Chestnut St. Over the next decade, the nonprofit […]

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Edtech startup hires revenue chief

TEAMology, an education technology startup based in Chambersburg, has hired Gretchen Thompson as its first-ever chief revenue officer, where she will lead sales, business development, strategic partnerships and marketing initiatives.Thompson has held sales, marketing and leadership positions for a number of education-related startups, including ClassLink, Qwizdom and Vizzle. She worked most recently for Baltimore-based Allovue, which developed finance software for […]

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Court OKs lawsuit over solar hookups

A state court has handed a preliminary legal victory to a business owner in a fight over the cost of connecting solar projects to the electric distribution system.The Pennsylvania Public Utility Commission had objected to the business owner’s lawsuit on procedural grounds. But in a ruling last week, Commonwealth Court overruled the objections, allowing the case […]

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Low-cost carrier dropping HIA flights

Frontier Airlines is ending service at Harrisburg International Airport effective May 13, according to HIA spokesperson Scott Miller. Frontier offers nonstop flights from HIA to Orlando and in previous years had offered a nonstop flight to Denver. The change is part of a larger reshuffling of Frontier routes, including the addition of 17 new flights around the U.S. […]

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A speed bump for PA job growth?

Pennsylvania employers added more than 111,000 jobs in 2023, pushing the number of nonfarm jobs to a new state record, nearly 6.2 million, according to the Department of Labor & Industry.The jobless rate, meanwhile, was at 3.5%, down from 4.3% a year earlier. But things may not be as healthy as they look. Pennsylvania could be […]

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Court extends time for bankruptcy sale of Harrisburg apartments

A court hearing on the bankruptcy sale of Governor’s Square apartment complex in uptown Harrisburg had been scheduled for Feb. 29. However, it has been moved to April 2 per an order from Chief Bankruptcy Judge Henry Van Eck of the U.S. Bankruptcy Court for the Middle District of Pennsylvania.Why is this happening: The complex’s […]

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A peek behind the state plan for economic growth

Earlier this year, Gov. Josh Shapiro rolled out a plan for economic development in Pennsylvania that is expected to unfold over the next decade. Progress is likely to be measured in shorter increments of time.State lawmakers, who are being asked to fund parts of the plan, could start asking for results by next year.And therein […]

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Zoners turn down housing plan for former country club

Efforts to redevelop the former Red Lion Country Club in York County have taken a second hit.At a meeting on Feb. 27, zoning officials in York Township voted 3-2 to deny a developer’s request for a special exception to allow age-restricted housing under the property’s current zoning, which is for commercial office. “I don’t think […]

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WellSpan to acquire Lewisburg hospital

WellSpan Health has expanded to the east, west and south of its base in York County. The regional health system is now poised to reach north. WellSpan has agreed to acquire Evangelical Community Hospital, whose leaders have been looking for a partner that could shore up its ailing finances. Terms of the transaction, expected to close this summer, […]

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AG: “Sham” internet provider targeted rural York

A locally based company allegedly broke state law by reselling internet service in what the state attorney general described in a lawsuit as a “sham business.”The company, Davis Communications Internet Inc., subscribed to business internet plans, then advertised itself as an internet provider in its own right, specifically targeting consumers in rural York County, where internet […]

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Growing Lititz firm adds minority investor

The Benecon Group, has sold a minority stake to the private equity arm of New York-based investment giant Neuberger Berman.Terms of the transaction — described as “a significant minority investment” — were not disclosed. A Neuberger spokesperson declined to comment beyond the press release. Neuberger joins an ownership group that includes majority owner TA Associates, a Boston-based private equity […]

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High court rules in dispute over PA wage law

Pennsylvania’s top court has backed a lower court’s decision in a closely watched case involving application of the state’s prevailing wage law.The case hinged on conflicting views of the law, which sets a minimum wage for workers on publicly funded projects. What’s the issue: Whether prevailing wages should be paid on a private-sector project funded by […]

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Feds object to bankruptcy sale of Harrisburg apartments

Federal housing officials are objecting to the proposed sale of Governor’s Square, a beleaguered Harrisburg apartment complex whose owner declared bankruptcy last year.In a court filing this week, the U.S. Department of Housing and Urban Development argues there are not enough guarantees that the potential deal will preserve the complex’s status as affordable housing. HUD […]

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WellSpan eyes drone-delivery service

A regional health system is laying the groundwork for an aerial delivery service.WellSpan Health said yesterday it is partnering with San Francisco-based Zipline to offer a service that would ferry patient prescriptions, lab samples and medical products via autonomous drones. The health system offered no timeline for when service would begin. When it does, it would likely be […]

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Doceo leader talks succession, expansion

When John Lewis interviews younger job applicants these days, he fields questions he did not typically hear a decade ago.Applicants are asking more pointed questions about the future of Doceo, the regional office equipment and IT services company that he leads as president and CEO.“There’s no question that, when we are talking to younger talent, […]

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Deal could take Lanco tiny-home firms public

A tiny-home startup in Lancaster County is poised for the big time.A publicly traded shell company has agreed to buy Tiny Estates LLC and two related companies, Endeavor Tiny Homes LLC and Tiny Communities Fund LLC. The companies are led by CEO Abby Shank, a former KPMG auditor-turned-entrepreneur who started a tiny-home community outside Elizabethtown in 2018. Shank, who went on to build […]

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Rules on licensing for ex-convicts near finish line

State regulators have tweaked regulations that modify the professional licensing process for people with criminal backgrounds, following stiff pushback from critics of the original proposal.The rules implement a 2020 state law making it easier for people with criminal convictions to become accountants, barbers, nurses and real estate agents, among the many other professions that require a state […]

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entrepreneurship

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Statewide venture fund makes first investments

Small housing group aims for bigger impact

Edtech startup hires revenue chief

Court OKs lawsuit over solar hookups

Low-cost carrier dropping HIA flights

A speed bump for PA job growth?

Court extends time for bankruptcy sale of Harrisburg apartments

A peek behind the state plan for economic growth

Zoners turn down housing plan for former country club

WellSpan to acquire Lewisburg hospital

AG: “Sham” internet provider targeted rural York

Growing Lititz firm adds minority investor

High court rules in dispute over PA wage law

Feds object to bankruptcy sale of Harrisburg apartments

WellSpan eyes drone-delivery service

Doceo leader talks succession, expansion

Deal could take Lanco tiny-home firms public

Rules on licensing for ex-convicts near finish line

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