The Allentown Economic Development Corp. has hired a former program director for the Lehigh University Small Business Development Center to the newly expanded position as manager of its economic development programs.
David Dunn will be taking the lead on Allentown’s Enterprise Zone program, along with several other economic development lending programs that AEDC manages on behalf of the city.
Scott Unger, executive director of the AEDC, said Dunn’s primary responsibility will be in business retention and expansion, particularly at the AEDC’s Allentown Metal Works site, which he said is a vital part of the organization’s strategic plan.
“David’s background in banking, small business development and as a small-business owner gives him firsthand expertise that manufacturing companies can identify with,” Unger said. “We are confident that David’s unique perspective will allow AEDC to better serve our clients in the future.”
In addition to the Enterprise Zone program and its associated loan fund, Dunn will manage the Pennsylvania Minority Business Development Authority loan fund.
Unger said those loan programs encourage business growth throughout the city “by providing capital to invest in and develop properties, purchase equipment and, in some cases, provide working capital.”
Unger said such programs have been an important part of making the AEDC, which is a nonprofit, a sustainable organization that creates enough revenue to operate.
“With David joining AEDC, we plan to expand upon our current economic development programs,” Unger said. “Our goal is to not only be a touch point for Allentown manufacturers, but to serve as a meaningful conduit for programming that will drive our growth and, in turn, spur job creation.”