Angel Network Proposed
for York County
York County Economic Development Corporation (YCEDC), in partnership with the York County Chamber of Commerce and the Pennsylvania Angel Network (PAN), hosted a meeting to launch a proposed angel investor group for the York County area on February 22nd.

The York County investor group was named the Investors Circle of York (ICY) at the meeting, attended by over 45 people. Darrell Auterson, YCEDC President, discussed the fundamentals of forming an angel investor group and the foundation that must be built to ensure success. Jan Rumberger, of the Central Pennsylvania Angel Network (CPAN) and past president of PAN, also spoke on the value of angel networks and their crucial role in early stage financing, preceding venture capital.

The primary objective of the evening was to introduce qualified investors to the process and highlight potential benefits of angel investing. ICY's purpose is to identify greater capital resources to support entrepreneurship and new business development within the county. The evening provided networking opportunities and an introduction to angel investment concepts. "The angel network is a major element of a three part financial strategy that includes the formation of a banking consortium and strengthened relationships with venture capitalists," stated Mr. Auterson.

For more information about the Investors Circle of York (ICY), please contact Darrell Auterson, YCEDC President, at 717.846.8879 or dauterson@ycedc.org.

Mushroom Council Endorses NutriCore NorthEast, Approves $26,000 Grant
NutriCore NorthEast, National Center of Excellence in Foods and Nutrition Research, received notification on February 16th that the Mushroom Council approved a $26,000 research grant to Penn State University (PSU). The Mushroom Council welcomed NutriCore NorthEast as a partner in their efforts to advance the health benefits of mushrooms and to support the mushroom industry in PA and the rest of North America.

NutriCore NorthEast President Darrell Auterson and Project Coordinator Alan Cotich attended the Mushroom Council's quarterly board meeting in San Diego on February 11th. The Council, funded by the USDA and with fees from its members, administers and oversees research and marketing programs for all mushroom growers and processors in North America.

The key objectives in attending the meeting were to secure the Mushroom Council's endorsement of NutriCore NorthEast and promote funding collaboration of a $52,000 project to enhance anti-oxidants in mushrooms proposed by researchers at PSU. Auterson and Cotich presented an overview of NutriCore NorthEast and led a detailed discussion of the PSU project.

For more information and news on NutriCore NorthEast, please visit www.nutricorenortheast.org.

Year In Review: #1 York County Companies
Congratulations to the following York County companies named #1 on the following lists as published by the Central Penn Business Journal during 2004.

Company	Category	Date Published
Coldwell Banker Commercial Bennett Williams	Real Estate: Commercial Real Estate Agency	2/4
Cintas Corp	Office Management: Commercial Launderers	2/13
Country Meadows of Leader Heights	Health Care: Nursing Home	4/16
Famous Hot Weiner	Hospitality: Restaurant	6/4
York College of Pennsylvania	General Interest: MBA Programs	8/13
Beard Miller Company	Financial Services: CPA Firms	9/10
Eichelberger Construction Inc. DBA ECI Group	Construction: General Contractors and Construction Managers	10/8
Wellspan Health	Health Care: Health Systems	11/4

Martin Memorial Library Holds Hard Hat Tour
YCEDC staff recently attended a hard hat tour of Martin Memorial Library's ongoing construction to expand its facilities. The library's expansion will encompass an adjoining building and will provide much needed space. The project is expected to be completed in the first quarter of 2006. YCIDA issued $4 million dollars in tax exempt debt to facilitate a portion of the project financing.

York County Directory of Industry & Technology
Now Available
The York County Directory of Industry & Technology is now available for purchase. The 2004-2005 edition features over 1,000 York County companies. The Directory is available in a bound book for $50 or as a searchable CD-ROM for $75. To order your copy, please stop by our offices in York at 144 Roosevelt Ave., Suite 100 or visit our web site at www.ycedc.org.

YCEDC Welcomes New Receptionist
The York County Economic Development Corporation is pleased to welcome Aeman Bashir as the new receptionist. A graduate of Juniata College and York College of Pennsylvania, Aeman has resided in York for eight years with her husband Wajid. Prior to moving to York, she served as a research assistant for Dr. Marvin Kosters of the American Enterprise Institute and also took part in the Americorps program in Washington, DC.