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Stoker's Brewing Company Receives Loan
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Stoker's Brewing LLC received a $50,000 loan through the NEPA Alliance Tri-District loan fund, which includes funds from the Economic Development Administration (EDA) as part of a total project costing $140,000. The total project included the purchase of land, building and equipment. NEPA's loan helped the company purchase new equipment necessary to begin their operations. Other project funds consisted of $50,000 from Mauch Chunk Trust Company and a $40,000 equity injection from the borrower.
Stoker's was formed in July 2017 and is a self-distributing small microbrewery with a tasting room located in the heart of downtown Tamaqua. The company fills a niche in the Schuylkill County beer market by producing their own beer on-site in small batches, using only the highest quality ingredients and abiding by world class brewing standards. Stoker's is the area's only microbrewery, giving the business a distinct competitive advantage as it offers an alternative to other tavern concepts. Stoker's offers more than 8 high quality house-brewed beers on tap at all times. The owner, Douglas G. Drost, has extensive industry experience as an award-winning home brewer. He also attended America's premier brewing school, The Siebel Institute of Technology in Chicago, where he earned his Professional Brewer Certification.
NEPA's loan helped Stoker's purchase new microbrewery equipment that allows the business to keep up with the demand from customers. Brewing takes place every Monday with one additional brew day per month in order to produce the appropriate volume of beer.
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Global Access Program Funds Available
Global Access Program (GAP) funds are once again available. GAP is used to offset the costs associated with foreign market sales trips, trade missions, trade shows, Department of Commerce products and website globalization.
A few changes for this year to highlight include:
- Eligibility now includes: the company is seeking to export goods or services of U.S. origin or have at least 51% U.S. content.
- Post-activity survey
- Receipts must be submitted within 30 days of completed activity
- Domestic trade show justification form
Applications must be submitted at least 45 days prior to the activity. As always, funds are limited and available on a first-come, first-serve basis. Contact
Debbie Langan for more information.
3 Key Mining Markets in 1 Mission
The Appalachian Regional Commission (ARC) invites qualified Appalachian firms to participate in a Trade Mission to South Africa, Tanzania, and Kenya. The mining industry focused mission is scheduled for February 18 - March 1, 2019.
There is no fee to participate. Companies are responsible for all travel costs, lodging, meals, etc. Global Access Program funds are available for qualifying companies. Deadline to register is January 11.
Click here for more information.
To learn more about International Business Development assistance, contact NEPA's Senior International Business Manager, Debbie Langan, at 570-655-5581, ext. 233 or 866-758-1929.
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PennDOT Green Light-Go Program Now Open
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Application Period Closes January 11, 2019
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PennDOT
is currently accepting applications for funding through Green Light- Go Program. Applications are due by January 11, 2019. Funding can be used
for a range of operational improvements to existing traffic control signals located in Pennsylvania. These improvements include LED replacement; traffic signal retiming; study and removal of existing traffic-control signals; monitoring; and innovative technologies. Any county, city, borough, incorporated town, township or home rule municipality or any metropolitan planning organization or rural planning organization may apply. A 20% match is required. More information can be found here.
Please contact Kate McMahon, Senior Transportation Services Manager at 570-655-5581 ext. 249 with any questions.
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NEPA Alliance has several loan products available for small businesses in Carbon, Lackawanna, Luzerne, Monroe, Pike, Schuylkill and Wayne counties.
These low cost, low interest loans offer reduced down payments and standard loan term maturities for machinery and equipment, land and building acquisition, construction and renovation. Loan rates are fixed and generally below the prime lending rate.
Eligible businesses include Manufacturers, Industrial, Agriculture/Agribusiness, Hospitality & Tourism Related Enterprises, Recyclers, Day Cares, Computer Related Services, Advanced Technology, and Retail and Service Related Businesses. Other business sectors may also qualify.
 NEPA Alliance Business Finance Corporation has Small Business Administration (SBA) 504 loans available for eligible small businesses in Carbon, Lackawanna, Luzerne, Monroe, Pike, Schuylkill and Wayne counties.
Financing Structure
A bank or other lender finances 50% of the project cost and takes a first lien position on the assets financed. The SBA 504 loan  finances 40% of the project cost up to $5.5 million and takes a second lien position. The borrower then contributes a down payment of as little as 10%.
Small Businesses can Receive:
- Subordinate Financing
- 40% Funding
- Up to $5.5 Million in Financing Available
- Market Based Fixed Rate Financing
SBA 504 Loans Offer:
- Low Down Payments
- Long Term Maturities (10 & 20 Years)
*Eligibility Criteria Apply*
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| System for Award Management Update |
 The Procurement Technical Assistance Center (PTAC), at the Northeastern Pennsylvania Alliance, is taking this opportunity to alert all prospective and existing Federal Government contractors of the Department of Defense, the General Services Administration or the National Aeronautics and Space Administration about a recent Amendment to the Federal Acquisition Regulation: System for Award Management (SAM) Registration. This Amendment has become a Final Rule effective on October 26, 2018.
The following is a synopsis of the Amendment and what it means to contractors looking to or doing business with the Federal Government:
- To resolve an inconsistency involving the timing of a SAM registration, contractors are required to have an "Active" registration in SAM prior to submission of an offer.
- The Final Rule also requires contracting officers to use the name and physical address from the contractor's SAM registration for the contractor's provided unique entity identifier.
- The Contractor shall maintain an Active registration in SAM during contract performance and through final payment of any contract, basic agreement, basic ordering agreement, or blanket purchasing agreement. The Contractor is responsible for the currency, accuracy and completeness of the data within SAM, and for any liability resulting from the Government's reliance on inaccurate or incomplete data.
- To remain registered in SAM after the initial registration, the Contractor is required to review and update on an annual basis, from the date of initial registration or subsequent updates, its information in SAM to ensure it is current, accurate and complete.
- If a Contractor has legally changed its business name or "doing business as" name (whichever is shown on the contract), or has transferred the assets used in performing the contract, but has not completed the necessary requirements regarding novation (the substitution of a new contract in place of an old one) and change-of-name agreements, the Contractor shall provide the Contracting Officer a minimum of one business day's written notification of its intention to change the name in SAM, comply with the requirements and agree in writing to the timeline and procedures specified by the Contracting Officer. In addition to the notification, the contractor is required to provide the contracting officer sufficient documentation to support the legally changed name.
For personal and confidential SAM assistance, please contact
Karen Ostroskie
, PTAC Senior Government Procurement Manager;
Frank Migneco
, PTAC Government Procurement Manager;
Paula Terpak
, PTAC Government Procurement Specialist, or call 570-655-5581.
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Fly Between
Wilkes-Barre/Scranton & Pittsburgh
2 Times Daily
Prices Starting at $129
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Did you know that, according to a Research Brief from the Pennsylvania State Data Center, nearly one-half of individuals who moved from Pennsylvania to another state in 2016 moved to a Southern state? Florida was the most common destination and it was followed by New Jersey and New York.
The research brief is available here.
For additional information, contact
Steve Zaricki at 570-655-5581, ext. 258 or 866-758-1929.
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"This institution is an equal opportunity provider and employer."
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