Pottstown Area Economic Development, Inc. (PAED) is a 501c(3) non-profit corporation originally formed in 1965 as Pottstown Area Industrial Development (PAID), to promote commercial and industrial development in Pottstown, Pennsylvania. PAED’s mission is to lead, coordinate and implement an overall diverse and responsible economic development strategy for the Borough of Pottstown designed to stimulate investment which will maintain and enhance the tax base; retain and create job opportunities; and restore, re-imagine or remove under-utilized buildings.