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State

State legislation would expand access to solar power

By Melina Druga  |   June 3, 2024   |   Investment

Legislation recently reintroduced in the state Senate would expand access to solar power through a local voluntary program. Senate Bill 1227 would create the PA Local Solar program. The program wou...

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Penn State receives $4.4M investment for manufacturing programs

By Melina Druga  |   May 31, 2024   |   Featured

The Institute for Advanced Composites Manufacturing Innovation (IACMI) and the U.S. Department of Defense plan to invest $4.4 million in Penn State’s Behrend and University Park campuses. Fundi...

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Legislation would raise Net Operating Loss limit

By Melina Druga  |   May 30, 2024   |   News

State Reps. Josh Kail (R-Beaver/Washington) and Kristin Marcell (R-Bucks County) recently issued a memo to all members of the House of Representatives seeking co-sponsors for legislation that would un...

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Ben Franklin Technology Partners clients generated nearly $3B in revenue, report finds

By Liz Carey  |   May 23, 2024   |   Featured

According to a new report, clients of Ben Franklin Technology Partners generated $2.8 billion in revenue and secured $1.2 billion in post-Ben Franklin financing last year. The report, “2023 Annu...

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State Department of General Services launches Mentor-Protégé Program

By Melina Druga  |   May 22, 2024   |   News

The Department of General Services (DGS) recently launched the Mentor-Protégé Program (MPP), a program that will help small businesses, small diverse businesses, and veteran business enterprises com...

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PUC approves Frontier Commonwealth Settlement

By Liz Carey  |   May 21, 2024   |   Companies

The Pennsylvania Public Utility Commission (PUC) has given its final approval to a settlement addressing service issues with Frontier Commonwealth, lawmakers said last week. The settlement was in r...

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Rodale Institute receives $350,000 grant from Pennsylvania Department of Labor & Industry

By Melina Druga  |   May 17, 2024   |   Companies

The Pennsylvania Department of Labor & Industry (L&I) recently awarded Berks County-based Rodale Institute, an agricultural research and education nonprofit organization, with a $350,000 grant for the...

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State Republicans oppose Shapiro’s energy plan

By Melina Druga  |   May 16, 2024   |   News

Several House Republicans oppose Gov. Josh Shapiro’s energy plan, saying it would close local electric power plants and cripple mine land remediation efforts. One of two new bills in Shapiro’s ...

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Payroll modernization bill passes out of committee

By Liz Carey  |   May 14, 2024   |   Featured

State Sen. Nick Miller (D-Lehigh) announced Friday that his payroll modernization bill had passed unanimously out of the Senate Labor and Industry Committee. Co-introduced by state Sen. Lisa Baker...

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Business reporting bill heads to governor’s desk for signature

By Liz Carey  |   May 13, 2024   |   News

Legislation that would bring consistency to when companies doing business in Pennsylvania must file certain annual reports with the state is heading to Gov. Josh Shapiro’s desk for signature. The...

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Gov. Shapiro announces $10.6M for new pilot program to create business ready sites

By Liz Carey  |   May 10, 2024   |   Featured

On Wednesday, Gov. Josh Shapiro announced the state would make $10.6 million in grant funding to create sites across Pennsylvania become “shovel ready” to attract more businesses. In conjuncti...

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PA State Senate advances GOP tax cuts bill

By Kim Riley  |   May 8, 2024   |   Featured

The Pennsylvania Senate on May 7 approved legislation that Senate Republicans say would reduce taxes for working families, job creators, and energy consumers by roughly $3 billion a year. Specifica...

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Context Therapeutics gets FDA approval for clinical trials of cancer drug

By Liz Carey  |   May 7, 2024   |   Companies

On Thursday, Philadelphia-based Context Therapeutics, Inc. announced it had received clearance from the U.S. Food and Drug Administration (FDA) to begin Phase 1 clinical trials for its Investigational...

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House GOP, manufacturing industry highlight PA’s energy potential

By Kim Riley  |   May 6, 2024   |   Companies

Southeast Pennsylvania is rife with the untapped potential for exporting liquefied natural gas (LNG), just one more example of the state’s leadership ability in the nation’s power sector, said Sta...

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Bill package addresses post secondary education

By Melina Druga  |   May 6, 2024   |   Investment

The state Senate Education Committee recently advanced a seven-bill package designed to help more young people pursue post-secondary education and career training. Senate Bill 1150 would create the...

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Comcast to bring internet coverage to 13 counties

By Melina Druga  |   May 6, 2024   |   Companies

The Pennsylvania Broadband Development Authority recently awarded Philadelphia-based Comcast a total of more than $61 million in Broadband Infrastructure Program grants. The company will use fundin...

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U. S. Steel receives Governor’s Award for Environmental Excellence

By Melina Druga  |   May 3, 2024   |   Companies

The Pennsylvania Department of Environmental Protection (DEP) recently presented Pittsburgh-based United States Steel Corp. with the Governor’s Award for Environmental Excellence during an event in ...

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GOP-led bill creating Independent Energy Office, POWER Board makes it through Senate

By Kim Riley  |   May 2, 2024   |   Featured

The Pennsylvania Senate on Wednesday approved a Republican-led bill to establish a sweeping, new energy framework for the state. “Pennsylvania has one of the most diverse energy portfolios in the...

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DEP launches pilot program for construction stormwater discharge permits

By Melina Druga  |   May 1, 2024   |   News

The Pennsylvania Department of Environmental Protection (DEP) launched a 10-county pilot program on Wednesday, designed to improve and accelerate the review process for construction stormwater dischar...

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Fulton Bank acquires assets of failed Republic First Bank

By Dave Kovaleski  |   April 30, 2024   |   Companies

Lancaster-based Fulton Bank has acquired the assets of Republic First Bank after the latter became the first bank to fail this year. Last week, the Pennsylvania Department of Banking and Securities (...

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