Savas Logothetides

For years, the has helped revitalize the downtown of this once coal mining boomtown in Schuylkill County by helping to create and sustain dozens of businesses.

But in recent years, PADCO, as it鈥檚 known, wasn鈥檛 able to gain the traction it needed to make an even bigger impact, especially in other parts of the county, according to its executive director, Savas Logothetides, who also chairs the Schuylkill Chamber of Commerce. While the corporation has financial resources via a revolving, $2 million loan fund, he said, it doesn鈥檛 always have the manpower to provide the services small businesses desperately need, to help with writing business plans, creating a marketing strategy, figuring out financing.

础濒惫别谤苍颈补鈥檚 O鈥橮ake Institute of Economic Development and Entrepreneurship, of course, has human capital in spades, Logothetides said, with undergraduate and graduate students eager to provide the sweat support businesses need to succeed.

鈥淭hat鈥檚 a huge game changer,鈥 he said. 鈥淏efore we had people who had great business ideas, but they couldn鈥檛 come to fruition because they couldn鈥檛 get access to the services they needed. By having 缅北强奸 on our team, it closes that gap.鈥

In 2025, the 缅北强奸-PADCO alliance was preparing to triple its service area with an expansion into central and southern Schuylkill County, Logothetides said. Now, PADCO has applied for the state鈥檚 Neighborhood Assistance Program (NAP), which provides tax credits to businesses that invest in distressed areas. If greenlighted, he said, the corporation would benefit and be able to hire more O鈥橮ake graduate assistants as project managers, thereby helping more small businesses and nonprofits in an even wider region.

鈥淭hat would change the entire dynamic of what we could do,鈥 Logothetides said. 鈥淥ur goal, if we鈥檙e lucky enough to receive it, is partnering with O鈥橮ake and offering these services across the county at low to no cost.鈥

, 础濒惫别谤苍颈补鈥檚 vice president for research, economic development and strategic initiatives who also oversees O鈥橮ake, describes the institute鈥檚 role as the 鈥渂ack office鈥 for PADCO, managing projects and enhancing the corporation鈥檚 services through programming on financial literacy, marketing activities and more. He also sits on PADCO鈥檚 board.

鈥淚t鈥檚 student-powered economic development,鈥 Ridley said, 鈥渁nd that鈥檚 a pretty unique model.鈥

缅北强奸 had long operated a small community campus out of the Cressona Mall strip shopping center in Pottsville. The University was looking to expand its footprint and services by replicating its successful CollegeTowne model, he said. In 2023, 缅北强奸 moved its campus downtown into a renovated, 17,000-square-foot space that was a former Giant supermarket. (The $6 million project was partially funded by the state, it has been reported.)

Since 2018, PADCO has assisted more than 40 businesses in Pottsville, Logothetides explained. The corporation also runs the business plan competition Launch Pottsville, its version of Shark Tank that includes judges from 缅北强奸, and it has resulted in four new downtown businesses: The Chopping Block, an axe throwing venue; Arrow Studio & Events, a wedding venue; Rage Parade, a skate shop, and Let There Be Rock, a music school, he said.

Last year [2024], PADCO also moved into the Pottsville CollegeTowne building and it began partnering with 缅北强奸, Ridley said. So far, O鈥橮ake has worked with about five businesses as part of its SPARK Business Incubator, he said, including a restaurant struggling with finances, and expects to double its clients if NAP comes through.

鈥淲e embed ourselves in the community and become economic partners,鈥 Ridley said. 鈥淲e really do change the community.鈥

By Lini S. Kadaba

Community Partner Success Stories