We are honored to announce that our President & CEO, David A. Kahley, was named the “2021 Preservationist of the Year” by the Young Preservationist Association of Pittsburgh. The announcement was part of the annual award program of the Young Preservationist Association (YPA) that was virtually released on December 21, 2021. The announcement of the Preservationist of the Year begins … Continue reading
News Archives
A congratulatory note from the President & CEO
The Great Allegheny Passage Conservancy (formally the Allegheny Trail Alliance) and Fourth Economy (an economic development consulting firm) deserve a standing ovation for their just released Economic Impact Report on the Great Allegheny Passage. If you are interested in outdoor recreation, environmentally sustainable development and Trail Towns, I suggest you dig into their Impact Report. I have seen thousands of … Continue reading
Hazelwood will once again have a brewery times 3
Our Hazelwood Project made the front page of the Pittsburgh Post-Gazette on Saturday, August 15th. Bob Batz, the author of the article, nicely covered the history of the brewery and our redevelopment effort. Read the PDF here. It begins in the lower left corner of the page.
The Progress Fund helps borrower with state loan
Ben Peoples Industries was recently featured in a Tribune-Review article “State loans survival money to some hard-hit businesses” published on Friday, May 15, 2020. Read the full story.
April Relief Payment
The Progress Fund was mentioned in the Tribune-Review article “Allegheny, Westmoreland groups offer help to region’s small businesses during tough time” published on Wednesday, March 18, 2020. Read the full story.
“To Infinity and Beyond!”
Riley’s Pour House takes us to the top We are numbers people, numbers enable us to measure results. So, $75,000,000 is a big important number to us. With our recent loan to Riley’s Pour House in Carnegie PA, The Progress Fund has made over $75,000,000 loans to small businesses across Pennsylvania, West Virginia, Maryland and Ohio. The results from those … Continue reading
Some former coal towns turn to nature tourism as a new economic driver
Last night, our regional story went national on Marketplace Business News! Last year, our work along the GAP aired on the local environmental show, the Allegheny Front. It was re-broadcast last night as part of NPR Marketplace’s national show. Continue reading
Nonprofit funders are growing craft beverage producers in Appalachia
Our Craft Beverage Fund supports budding local brewers, distillers and winemakers. Because we’re a nonprofit, we can give tastemakers extra help with uniquely designed terms to grow their boozy business. We can accept offbeat collateral like grapevines or bottle labels, and help beverage makers get more funding for better equipment or the freshest, more high-quality ingredients— so they can craft every sip. … Continue reading
Explore the projects that earned us the prestigious 2017 Pennsylvania Historic Preservation Award
The Progress Fund will receive this year’s highest honors, the F. Otto Haas Award, from Preservation Pennsylvania at an awards ceremony in Harrisburg on October 12. Continue reading
Progress Fund marks 20 years growing small businesses
We celebrate our 20th anniversary on December 7, 2017. The Tribune-Review put out the scoop early. They did a nice and informative front page article. We thought you’d like to see it. Read the full story.