The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP-NEP) Board of Directors has approved the investment of $315,700 in support of regional economic development.
Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority.
BFTP-NEP owns and manages Ben Franklin TechVentures, an award-winning business incubator, post-incubator facility on Lehigh University's campus in Bethlehem at which it is headquartered.
Embassy Bank for the Lehigh Valley has announced three recent promotions.
Embassy Bank promoted Michelle Barron to vice president of deposit operations.
Barron has 17 years of community banking experience, the most recent eight years with Embassy as assistant vice president, deposit operations.
Barron is a supporter of the Best Friends Animal Society, North Shore Animal Rescue League and the Association for Animal Protective Legislation and Law Enforcement.
Embassy Bank promoted Kathryn Wyant to assistant vice president in the finance department.
Penn State Lehigh Valley hosts its annual Undergraduate Research Symposium, 10:15 a.m. - 12:15 p.m. April 4, Room 135, Center Valley campus. An awards presentation follows at 1:30 p.m. The symposium is free and open to the public.
Eric Stephen Boyd, assistant research professor, Montana State University, is keynote speaker. His presentation, "Yellowstone through Space and Time: A Guided Tour through the Evolution of Life," is sponsored by the Penn State Faculty Invitational Lecture Series.
The Da Vinci Science Center has announced that Lin Erickson, who led the organization 1997 - 2005, has begun her second tenure as Executive Director and CEO.
Erickson was elected unanimously by the Da Vinci Science Center's Board of Trustees after a national search of nearly 175 candidates. She began her second tenure March 18.
She has more than 25 years experience spearheading educational initiatives for students from kindergarten through college, raising more than $46 million from public and private sources.
MFP Strategies has announced that Aaron Gabrielian and Jessica Edris have joined the firm.
Gabrielian has been hired as a Financial Advisor and is responsible for the management of client relationships and development of new clients. He is on the firm's Investment Committee.
Prior to joining MFP Strategies, he was a Financial Advisor for Morgan Stanley and maintains Series 7 and 66 licenses as well as a Financial Planning Specialist designation.
Data comparisons of February 2013 to last year at the same time indicate that closed sales were up 18.5 percent to 352, while inventory decreased 18.1 percent to 3,196 units and new listings decreased 11.3 percent to 838, according to the Lehigh Valley Association of Realtors (LVAR), based on a research report on the February housing market using data from its Multiple Listing System.
The monthly indicators show an increase in home sales, average sales price and the affordability index over the same time last year.
Val Maiatico Lewis, a Lehigh Valley native, has been named Senior Account Executive of BSI Corporate Benefits, a full-service insurance agency providing employee benefits and human resource consulting.
She is responsible for managing a portfolio of clients and developing new opportunities throughout the Lehigh Valley.
Maiatico Lewis joined BSI Corporate Benefits in August 2012 from Capital BlueCross where she managed major account (500-plus) group clients.
Ben Franklin TechVentures has announced that Lehigh Valley Angel Investors (LVAI) as a new affiliate partner.
The partnership with LVAI is said to allow Ben Franklin clients greater access and exposure to more organizations and individuals who, like Ben Franklin, are involved with helping start-ups with seed and first-round investments, according to Ben Franklin officials.
Ben Franklin TechVentures will provide resources and meeting space to LVAI, which was created in 2010 by Lehigh Valley entrepreneurs and business executives and had been seeking a base of operations.
Lehigh Carbon Community College (LCCC) hosts an Open House for prospective students, 6 - 8 p.m. April 4, Community Services Center, Main Campus, Route 309, Schnecksville, Northern Lehigh Township.
LCCC Admission and Financial Aid representatives, academic counselors and Academic Program coordinators will be on hand to answer questions.
To register for the Open House: lccc.edu/openhouse, or LCCC Admission Office, 610-799-1575.
The Allentown Neighborhood Improvement Zone Development Authority (ANIZDA) recently approved a loan to EPC Allentown, LLC, founded by the Butz Family and owner of the Butz Corporate Center.
The $10-million loan through National Penn Bank is the first private development loan that closed through ANIZDA.
"This transaction signifies the positive momentum in the revitalization effort of the city," said Greg Butz, President and CEO, Alvin H. Butz, Inc.