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Cumberland County offers business memberships in Cumberland Valley Alliance

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The Cumberland Area Economic Development Corporation this morning announced the creation of the Cumberland Valley Alliance, a membership-based program offering several perks.

For a fee ranging from $100 to more than $4,500 annually, businesses receive services that can include networking, seminars and legislative updates.

“Through the Alliance, CAEDC will be your one-stop shop for economic development information, including legislative updates, bill analyses, statewide economic development news, demographic and market analysis, workforce development, and new development projects throughout Cumberland Valley,” the agency said in a news release.

Jonathan Bowser, CEO of CAEDC, said the agency seeks “private sector investments” to replace public sector dollars.

In recent comments about the Cumberland Area Economic Development Corporation, Commissioner Jim Hertzler noted the county cut its contribution to the agency from $90,000 to $40,000 this year, with the expectation the agency would be “self supporting” in the future.

One hundred percent of the investment generated from the CVA will fund existing financing programs, the release states, in addition to funding business attraction efforts through direct marketing.

The CVA includes three levels of membership: Friends ($100-$1,499), Members ($1,500-$4,499) and Founders ($4,500 and up). With each level come additional services that range from greens fees at the CAEDC golf tournament to being an annual tourism conference sponsor.

“For every dollar invested, we have returned $127 in additional investment, which has equated to over $10 million in additional annual tax revenue to our local economy,” CAEDC said in the news release.

CAEDC will continue to work on behalf of all businesses in the county, Bowser said.

“With being a partner of the Alliance, it is a way businesses can greater support our efforts and through our efforts have a more direct impact on our local economy,” he said via email. “In addition, businesses that already support us financially will have a more seamless, packaged opportunity to sponsor CAEDC events such as our annual golf event and Highway to Growth seminars.”

John Hilton

John Hilton

John Hilton covers Cumberland County, manufacturing, distribution, transportation and logistics. Have a tip or question for him? Email him at johnh@cpbj.com. Follow him on Twitter, @JHilton32. Circle John Hilton on .

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Comments


Gray Area said:
This seems like a great move by CAEDC to move away from funding needs away from from the county and developing more attractive and strategic relationships with the businesses in the county. Good for them.

March 8, 2014 6:44 am

CommissionerGary said:
Steve w. Your assertions are ludicrous. CAEDC was formed to help nurture economic growth options at the local level, something no regional entity Is truly capable of, especially those that have no real interest in doing so, like CREDC. Our county taxpayers are finally receiving real attention to the need for business supported tax relief to residents and expansion of our taxbase, thanks in oart to CAEDC. Significantly, the board of commissioners that formed CAEDC nearly a decade ago understood what regional players never have, and that is that public accountability is part of the public mission of economic development. Those who talk about partnership need to try living it sometime.

February 25, 2014 2:27 pm

steve w. said:
We didn't need CAEDC and we certainly don't need another chamber of commerce. Haven't we wasted enough taxpayer money in Cumberland County already because our elected officials can't get along with others? What's next, we will quit Pennsylvania and start a new state?

February 25, 2014 12:56 pm



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