PIDC BLOG

Real Estate Initiatives

April 22, 2024

Celebrating Earth Day: PIDC Helps Create a Sustainable Future

Earth Day is celebrated every year on April 22nd to bring attention to our environment and encourage individuals, small businesses, and large corporations to contribute to sustainability and environmental protection. It’s a day to celebrate the beauty of our planet and recommit ourselves to protecting the Earth from human threats like deforestation, pollution, and climate

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Furry Friends

April 11, 2024

Unleashing the Potential of Wag Days Philly

If you’ve taken a stroll through any Philadelphia neighborhood lately, you’ve likely noticed you’re sharing the sidewalk with more than just your neighborhood humans. Dogs rule this city, with pups living in almost one-third of all homes in Philly. Anyone with a dog knows they’re more than just a pet, they’re family. So, when you

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Furry Friends

April 11, 2024

Meet the Pets of PIDC

We’re pet people here at PIDC. From wagging tails to shiny shells (and one very special plant), our pets have a special place in our hearts. So today, we’re celebrating National Pet Day, a day to acknowledge the joy and love that pets bring to our lives by introducing you to our favorite companions. Our

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Client Stories

March 20, 2024

Move, Breathe, Thrive — The Growth of Monarch Yoga

Amid the uncertainty of COVID-19, while many businesses were pausing operations, one small business dared to defy the odds and  set up shop. Monarch Yoga emerged as a respite from the stress and loneliness many of us felt during the pandemic. Michelle Dillon opened Monarch Yoga in June of 2020 to answer the call for

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Black-Owned

March 20, 2024

Mixing Business with Family: Cathryn’s Cake Salon Finds Recipe for Sweet Success

In Philadelphia’s West Oak Lane neighborhood, there’s a bakery that’s about more than fresh cakes, pastries, and desserts; it’s about family. Cathryn’s Cake Salon is a testament to the power of family-owned businesses.  Inspired by Fluellen family matriarch Cathryn, the bakery is a true family affair. Cathryn’s Cake Salon is powered by mother Cheryl Foat

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March 20, 2024

7 Tips for You to Succeed in Your Internship With PIDC

As the 2023-2024 school year comes to an end, it is time to start applying for internships. Landing an internship in your desired field of work can help you decide what will be the right fit, improve your skill sets with hands-on experience, expand your network, and gain critical experience in working with a team.

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Black-Owned

March 14, 2024

Amazing Kidz Academy Celebrates 10 Years in Business

It’s no secret that there are lifelong benefits to early childhood education. Children who attend preschool are not only more likely to succeed in kindergarten, they’re successful throughout their entire school experience and beyond. Lisa Smith and Clarence Morris III, co-founders of Amazing Kidz Academy, know how important preschool education is to early childhood development

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Team Members

March 8, 2024

Recognizing the Women that Power PIDC on International Women’s Day

Today, March 8, is International Women’s Day, a global celebration dedicated to women’s rights and equality. On this day, we honor the incredible women who help power PIDC’s efforts to drive growth across Philadelphia. These individuals have offered their talents and expertise to serve small business owners of all backgrounds and to raise the profile

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February 27, 2024

New Reporting Requirements for Businesses under the Corporate Transparency Act

New Reporting Requirements for Businesses under the Corporate Transparency Act The Corporate Transparency Act (CTA) went into effect on January 1, 2024. Under the CTA, you may be required to report information about your business and its owners to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). Here’s the must-know information to

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Black-Owned

February 23, 2024

Spotlighting Black-owned Businesses During Black History Month—and all year long

This Black History Month, we’re honoring the achievements of Black business owners throughout Philadelphia, who help power our city’s economy and provide anchors for our neighborhoods. PIDC works every day to provide business owners the tools, knowledge, connections, and financing they need to reach – and exceed – their business goals.  As a celebration of

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Scholarship

January 26, 2024

Applications Open: 2024 PIDC-D’Alessio Scholarship

Walt D’Alessio committed more than 46 years to PIDC as its chief executive and Chairman. He embodies the core principles of the PIDC partnership—dedication, integrity, and an unwavering commitment to supporting growth throughout Philadelphia.  As part of PIDC’s 60th Anniversary in 2018, and in recognition of Walt’s decades of commitment and leadership at PIDC; his

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December 7, 2023

REDEVELOPMENT ASSISTANCE CAPITAL PROGRAM (RACP) OPENING DEC 8

The Pennsylvania Redevelopment Assistance Capital Program (RACP) offers matching grants funded by the Pennsylvania Office of the Budget for the acquisition and construction of economic development, cultural, civic, recreational, and historical improvement projects.  RACP will open for grant applications on December 8, 2023 and close on January 12, 2024.   Grants generally range from $1,000,000 to

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November 21, 2023

2023 CDFA National Development Finance Summit Recap

On November 9, PIDC had the pleasure of welcoming—and sponsoring— the Council of Development Finance Agencies (CDFA) to Philadelphia for its National Development Finance Summit. PIDC President Jodie Harris helped kick off the summit by sharing how we help grow our local economy and drive growth to every corner of our city through inclusive economic

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SHOP PHL

November 21, 2023

SHOP PHL: Support Local

As we gear up for the busy holiday shopping season, PIDC clients across the city have unique foods, beverages, and services available to support your every need.  Also, on Saturday, November 25, commercial corridors across the city are participating in the annual Small Business Saturday. Come out and shop at your favorite local small businesses—or

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October 26, 2023

EPA Cleanup Grant

Public Meeting NOTICE IS HEREBY GIVEN that a public meeting will be held remotely by the Philadelphia Authority for Industrial Development (the “Authority”) on Wednesday November 8, 2023, at 4:00 pm via online web conference with an option to call in via phone. The meeting’s purpose is to solicit public comments regarding the Authority’s draft

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SHOP PHL

October 20, 2023

SHOP PHL: FALL 2023 EDITION

Fall is here and what better way to celebrate this cozy season than with beverages, foods and events? PIDC is proud to highlight a variety of our unique client businesses that offer beverages, food and events to help you enjoy the new season. As you enjoy this spooky holiday season with your loved ones, we

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Partner Spotlight

October 20, 2023

MED Week 2023 Recap

PIDC joined our partners, including the City of Philadelphia, in hosting several events to celebrate Minority Enterprise Development (MED) Week and provide local businesses and entrepreneurs resources to help them start, grow, and expand. Unlocking the Path: A More Equitable Philadelphia The Philadelphia Navy Yard, managed by PIDC, was proud to host Councilmember Katherine Gilmore

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Team Members

October 20, 2023

Meet PIDC’s New Team Members – Fall 2023

PIDC continues to grow, drawing from Philadelphia’s top talent. We recently hired an excellent group of hardworking, talented, and experienced employees in various fields. It is our pleasure to introduce you to our new additions to the PIDC team! Holly Alsentzer Hometown: Flourtown, PA Role at PIDC: Executive Assistant at the Navy Yard What role

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