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Economic Development

Appealing is an understatement for those who are considering starting or expanding one’s business in Upper Bucks County; the strategic location in the eastern United States, its natural beauty, cultural assets, schools and heritage provide the best of all environments.

Upper Bucks boasts a large population of approximately 100,000 leaving the community with a sizeable amount of skilled warkers. Approximately 50 percent of the workforce is employed by the service industry, but wholesale and retail businesses employ an additional 30 percent and the manufacturing sector employs another 20 percent. Education, financial services and healthcare also contribute greatly to the area’s economic climate. This, supplemented by the area’s close proximity to major markets in Philadelphia and New York, has aided greatly in the continuing stability of the region’s economy. Our location puts us ideally within a one-day’s drive of one-third of the U.S. population and easy access to major east coast markets, thanks to several nearby major thoroughfares that include U.S. Interstates 76, 78, 80, 81, 95, and auxiliary interstates, 476 and 676. Quakertown, the heart of Upper Bucks County, sits at the crossroads of State Route 309, 313 and 663.

Vision is another asset of our region and it starts with the largest borough, Quakertown. In 2010 the Borough of Quakertown adopted an Urban Vision and Revitalization Plan in spearheading efforts to leverage technical and financial resources necessary to shape and commence the planning process to expand the economic opportunities of the borough. The plan created a clear understanding of existing conditions and the necessary strategies to enhance growth in the downtown. The borough, in its effort to attract quality business, has created a tax abatement plan for downtown projects in conjunction with the Quakertown School District and Bucks County Government.

If financial assistance is needed, there are agencies available to assist you with financial and business planning. The Bucks County Economic Development Corporation (BCEDC), a not-for-profit agency, offers a wide array of services including financing, site selection, demographics, education, networking opportunities with economic development agencies, work force development and international trade. www.bcedc.com

The Bucks County Redevelopment Authority provides assistance to blighted, deteriorated or abandoned properties in cooperation with the local, county, state and federal governmental organizations having jurisdiction or at the invitation of a Bucks County property owner. www.bcrda.com

The Bucks County Industrial Authority is the county’s agency for economic development that provides small business lending. The Upper Bucks Chamber of Commerce is the one-stop location to provide you with all the available resources to make a perfect business decision to expand or locate in Uppers Bucks County. www.ubcc.org

Upper Bucks County has the vision, the tools, the natural environment, education, and quality of life that provide new and existing business with all the ingredients for “success”.

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Bucks County Economic Development Corporation
www.bcedc.com