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New Cumberland to invest in Business Development Corporation

Updated: Wednesday, October 9 2013, 09:35 PM EDT

By Jon Rudder

NEW CUMBERLAND, W.Va - As a way to grow the town's economy the village of New Cumberland has agreed to join the Business Development Corporation as a means to help attract business to the community.

New Cumberland has agreed to invest $1,500 annually to the corporation to hold a seat on its board of directors. As a seat-holder,
it will allow mayor and council to benefit from the expertise of the corporation.

BDC Executive Director Pat Ford said that New Cumberland has much to offer incoming businesses.

"They have a great location, great access, with both road, river and rail," Ford said. "I think it's a perfect mix of transportation logistics to be able to get this community on the map."

The BDC sets economic development efforts in a variety of ways, from showing properties to business prospects, to helping existing businesses with technical or financial issues.

"We're really excited to sit down with them to begin tackling some of the challenges that they've identified preliminarily and also work together to come up with some solutions to grow the local economy, not only in New Cumberland, but throughout the northern panhandle," said Ford.

One of the sticking points for the BDC in attracting business to Hancock County was a perception of a divide between the northern and southern half of the county. By adding New Cumberland to the fold, they hope to unify the economy county-wide.

"(Businesses) were either looking at the northern end and we can't seem to bring them to the southern end of the county, or we're showing prospects the southern end of Hancock County and we can't seem to get them to look in the northern part," said Ford.

New Cumberland Mayor Linda McNeil said that she was excited to become a part of the BDC and looks forward to following the lead of Ford and the corporation.

New Cumberland to invest in Business Development Corporation

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