The Commonwealth funds economic development programs via its official partners. PREP is a Commonwealth initiative that encourages regional coordination in economic development efforts as a service to the business community. The PREP program is designed to integrate the delivery system historically served by the following core service providers: Industrial Resource Centers (IRCs), Industrial Development Organizations (IDOs), Local Development Districts (LDDs), and Small Business Development Centers (SBDCs). As the region’s LDD, SPC is a core funded partner in the Southwestern Pennsylvania Partnership for Regional Economic Performance.
In 2016, the Partnership served over 2,000 clients in nearly 6,000 separate counseling sessions. This resulted in over $100 million dollars in increased sales and over 4,500 jobs created or retained. SPC continues to be an integral part of the Partnership and continues to provide services to the Southwestern Pennsylvania business community through the SPC-specific business development programs included in this section.
For questions about PREP, contact Abigail Stark at firstname.lastname@example.org or 412-391-5590 x343.
PREP Additional Initiatives
Through the PREP network, a Jobs1st Coalition was created which included all four Workforce Investment Boards and all core funded partners of the Southwest PREP network. The core purpose of the Coalition was to establish a formal two-way information exchange between the region’s workforce development delivery and economic development delivery systems. SPC and the PREP partners identified the workforce assets in Southwestern Pennsylvania and developed a Regional Workforce Resources website to host the compiled information.
SPC and the PREP network also worked together to develop a Southwest Pennsylvania Supply Chain Ecosystem (SPaSCE) that will support foreign direct investment (FDI) and the reshoring of manufacturing jobs back to Pennsylvania. SPC led the asset mapping and gap analysis exercise, with assistance from all partners, to evaluate the existing maps versus reshoring needs to identify where new partners, resources and expertise are needed. The Asset Map identified data and resources that would help manufacturers of all sizes become more aware of what the Southwestern Pennsylvania region has to offer in their reshoring process.