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Mark your calendars for our annual Bringing the World to Northeastern Pennsylvania event,
Tuesday, September 10, 2019.
Meet one-on-one with your international team!
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New Markets Tax Credit (NMTC) Workshops
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Marts Center, Room 203
292 S Franklin Street
Wilkes-Barre, PA 18701
9:00 a.m. - 11:00 a.m.
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DeNaples Center
4th Floor, Room 405
900 Mulberry Street
Scranton, PA 18510
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NMTC-based gap financing is offered for projects that will significantly improve quality of life for individuals who live and work in underserved areas.
This workshop's objectives include:
- Brief overview of NMTC / why and how the credits can be used
- Example projects and case studies
- Overview of the NEPA Alliance NMTC intake process to collect eligible projects for inclusion in our allocation request
To register and for parking information visit:
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Member Spotlight
InXpress
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 This month's membership spotlight features InXpress, a 20-year-old shipping franchise. Currently, there is a total of 80 franchise units in the United States and over 350 around the world.
Recently NEPA spoke with Joseph Garzio, South Philadelphia franchise owner, who highlighted the capabilities of InXpress.
InXpress makes shipping easy and cost competitive for small and mid-sized businesses by operating as a company's personal shipping staff. With InXpress, a company can lower employee expenses and have more time to grow their business. The company also offer rates that are commonly lower than other carriers.
InXpress focuses on international shipping and domestic freight. Their primary international carrier is DHL Air Express, the world's largest carrier. Through working with InXpress, clients can receive a 70% discount from DHL's list rates. InXpress can also handle larger shipments through consolidated air freight and ocean carriers. Additionally, InXpress has rates with over 40 carriers for domestic freight.
Shipping can be difficult, expensive and time consuming. That's why InXpress has a team of shipping experts who remove all the confusion with shipping. They can provide quick quotes and immediately process paperwork.
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NEPA Alliance has several loan programs available for small businesses located 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.
Recently Funded Loans
Fitness Center - Mountain Top, PA
- This NEPA RLF EDA loan project was completed in partnership with MetroAction for the purchase of machinery, equipment, and minor real estate renovations.
Marketing Consulting Firm - Clarks Summit, PA
- This Lackawanna County Industrial Development Authority (LCIDA) loan project was completed in partnership with PS Bank for the financing of furniture, fixtures, and minor renovations.
Eye Care Facility - Honesdale, PA
- This SBA 504 loan project was completed in partnership with The Honesdale National Bank for construction, equipment, fixtures, and other minor closing costs.
 NEPA Alliance Business Finance Corporation is a state-wide CDC allowing for NEPA BFC to lend SBA 504 Loans to eligible small businesses located in the state of Pennsylvania.
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
- Up to 90% Loan to Value
- Up to $5.5 Million in SBA Financing
- Unlimited Total Project Cost
SBA 504 Loans Offer:
- As Little as 10% Equity Injection
- Terms up to 25 Years
- Guaranteed Fixed Interest Rate
*Eligibility Criteria Apply*
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July 17, 2019 - The Woodlands Inn
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The NEPA Alliance Procurement Technical Assistance Center is offering a free workshop on Federal Acquisition (FAR) and Defense Contract Audit Agency (DCAA) audits on July 17th from 8:00 a.m. to 3:30 p.m. at The Woodlands Inn, Wilkes-Barre, PA.
OVERVIEW
The FAR directly affects the purchase and sale of over $200 billion worth of supplies, services, and construction each year by federal procurement offices. It is the principal set of rules containing policies and procedures governing the acquisition activity of the federal government. It applies to all federal executive agencies in their acquisition of supplies and services.
The purpose of the FAR is to ensure purchasing procedures are standard, consistent, and conducted in a fair and impartial manner. FAR regulations govern three phases of the acquisition process: acquisition planning; contract formulation; and contract administration.
The FAR document is comprehensive, complex, and continually changing. Small businesses pursuing or awarded government contracts need to have a working knowledge of the FAR to ensure they are getting the best possible contract and are in full compliance with all applicable laws.
FAR clauses are included in all federal government solicitations. In order to be awarded a contract, bidders must either comply with these provisions, demonstrate they will be able to comply at the time of award or claim exemption from them.
AGENDA
- Overview of Federal Acquisition Regulations
- Definitions of Commonly Used Terminology
- History and Importance of the DCAA
- Explanation of the Pre-Award Survey
- Steps to Prepare for an On-site Audit by DCAA
- Required Policies and Procedures
- Three CPE Credits in Government Accounting Will be Awarded
Presenter
Dr. W. Nick Cline, Principal at DCAA Consulting & Accounting Worldwide Inc., has worked in the private, public, educational, and health care systems after retiring from the United States Army Finance & Accounting Corps, where he was stationed in Germany, South Korea, Vietnam, and Japan. DCAA Consulting & Accounting Worldwide Inc. serves clients throughout the United States and in overseas markets.
BOTTOMLINE
To do business with the federal government, small businesses need to understand these regulations.
Registration will be from 8:00 a.m. to 8:30 a.m. The workshop will start promptly at 8:30 a.m.
There is no cost to attend this event, but space will be limited to the first 25 registrants.
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| Local Technical Assistance Program |
 The Northeastern Pennsylvania Alliance (NEPA) and PennDOT have partnered to offer the Local Technical Assistance Program (LTAP) training series in the NEPA Metropolitan Planning Organization (MPO) region, which includes Carbon, Monroe, Pike and Schuylkill counties, as well as the Lackawanna-Luzerne MPO region and Wayne County.
Stops Signs and Intersection Traffic Control
Tuesday, August 6, 2019
8:00 a.m. - 12:00 p.m.
Salem Township Building
38 Bomboy Lane
Berwick, PA 18603
570-752-4399
Speed Limits and Speed Management
Tuesday, August 13, 2019
8:00 a.m. - 12:00 p.m.
Schuylkill Community Education Council
1-7 West Center Street
Mahanoy City, PA 17948
570-773-1270
ADA Transition Plans and Self Evaluations
Thursday, September 12, 2019
8:00 a.m. - 12:00 p.m.
Northeastern Pennsylvania Alliance
1151 Oak Street
Pittston, PA 18640
570-655-5581
Full Depth Reclamation
Tuesday, October 1, 2019
8:00 a.m. - 12:00 p.m.
Salem Township Building
38 Bomboy Lane
Berwick, PA 18603
570-752-4399
Managing Utility Cuts
Wednesday, October 9, 2019
8:00 a.m. - 11:00 a.m.
Jim Thorpe Memorial Hall
115 East 10th Street
Jim Thorpe, PA 18229
570-325-3025
Salt and Snow Management
Thursday, October 10, 2019
8:00 a.m. - 3:00 p.m.
Pike County Training Center
135 Pike County Blvd.
Lords Valley, PA 18428
(570) 296-1960
Salt and Snow Management
Wednesday, October 16, 2019
8:00 a.m. - 3:00 p.m.
Washington Township Building
225 Frantz Road
Pine Grove, PA 17963
(570) 915-6113
Work Zone Traffic Control
Thursday, November 7, 2019
8:00 a.m. - 12:00 p.m.
Wayne Township Municipal Building
10 Municipal Road
Schuylkill Haven, PA 17972
570-739-2629
To register, visit
www.ltap.state.pa.us and log on using your username and password. First time users must set up an account by clicking on "Create Account." For technical assistance when registering, call 1-800-FOR-LTAP (1-800-367-5827) or contact
Kate McMahon, Senior Transportation Services Manager, NEPA Alliance at 570-655-5581, ext. 249 or
[email protected].
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Did you know that the 2020 Census is fast approaching and will be conducted on April 1, 2020? Information about the 2020 Census in Pennsylvania is available here.
For additional information,
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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