The corporation is incorporated under the non-profit corporation law of the commonwealth of pennsylvania for the following purpose or purposes: - to enhance the economic development of the city of bethlehem and promote and assist the growth and development of business concerns, including small business concerns, in the said area. - the corporation is formed to receive and administer funds exclusively for education and charitable purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code of 1954 (or corresponding provision of any future united states internal revenue law). Its purpose shall be to assist in the development of projects, undertakings, studies and other activities in cooperation and in coordination with federal, state and local governmental and civic bodies for the elimination of slums, blight and blighting influences, and to aid, assist and foster the plannin

Acquire, hold, improve, develop and dispose of real property located in the city of bethlehem and to assist in the growth and development of small business concerns. to provide affordable rental spaces to small businesses and to continue to serve and attract small companies within the technology industry to the city of bethlehem.