The Hatboro Innovation District is located in the heart of Pennsylvania`s Lehigh Valley, just minutes from Allentown and Bethlehem. The district is made up of approximately 300 acres, home to a variety of small businesses and incubators, including Hatboro Creative, an arts incubator focused on expanding the creative economy; The Hatboro Collective, an incubator of craft and creative enterprises; and Hatboro Park.
The district is home to many innovative companies, including a large manufacturing hub with over 100 companies; a vibrant start-up community; and a number of smaller, locally based businesses. The region has been recognized as one of the top places in the United States for entrepreneurship.
The City of Hatboro has recently been recognized by Forbes as a “Great Place to Launch a Business.” Forbes described Hatboro as a “booming innovation district in the heart of Pennsylvania’s Lehigh Valley.”
With support from the City of Hatboro, the Greater Lehigh Valley Economic Development Corp. and others, the Hatboro Innovation District is actively working to position the region as a national leader in business and job growth.
The town of Hatboro is home to a large number of small businesses that offer everything from custom window treatments to mobile hair salons. While many people assume that starting a new business means opening a storefront on Main Street, Hatboro is a prime example of how an entrepreneur can launch their business without the need for a storefront or physical location.
Small businesses in Hatboro, PA don`t require large investments. In fact, many are able to be launched by just a handful of people, all working remotely and sharing their expertise. The key benefit of a business that operates without a storefront is the ability to scale the business as needed. Small businesses can be started with as little as $100.
One of the primary focuses of the district is the expansion of the creative economy. To help support and expand the creative economy, the district offers multiple opportunities to build a successful business. Some of the programs available include incubation, business coaching, funding, mentorship, marketing assistance, and other resources to entrepreneurs and small businesses.
Launching a business can be a big decision. If you’re considering opening a business in Hatboro, PA, here are five reasons to do so.
1. Location
The borough has a strong economy, with many businesses already operating within the area. This can give you an advantage, as competition is likely to be fierce. The borough offers good transportation options and a variety of shopping centers, making it easier to get to work. There are several schools in the area, including local public and private schools, and the borough has a thriving arts scene.
2. Industry
The borough’s proximity to Philadelphia gives you access to a large and diverse client base. There are many industries that are located in the area, including manufacturing, financial, health care, and retail.
3. Education
The area offers a variety of educational institutions, from public to private, and you can often find free or low-cost programs. This means that you have access to a wide range of training and education. There are also colleges and universities, like Temple University and Penn State, in the area.
4. Employment
Hatboro has many jobs in the area, including health care, retail, food service, and financial services. If you’re looking for employment in Hatboro, PA, you’ll find plenty of opportunities.
5. Quality of Life
The borough has many amenities, from parks to museums to trails. There are also restaurants, cafes, and shops nearby. You’ll have easy access to Philadelphia and the surrounding areas.
When it comes to business success, location is crucial. If you’re planning to open a business in Hatboro, PA, take some time to research the area. These five reasons to open a business in the borough can help you make the right decision.