PIDC BLOG

Client Stories

February 21, 2023

PIDC Client Spotlight: Silvia’s Bakery

PIDC client Silvia’s Bakery is a Hispanic-, immigrant-, woman-owned bakery that specializes in making Dominican cake, Hispanic desserts, custom cakes, cupcakes, cookies, and cake pops from scratch.  Owner Silvia Paulino grew up in a family of entrepreneurs. Her mother was a seamstress, and her father owned a grocery store in the Dominican Republic in which she often

Read More

Client Stories

October 27, 2022

Torrado Construction

PIDC client Torrado Construction is a Hispanic-owned general construction firm specializing in commercial construction, renovations and rehabilitations, concrete, removal services, and painting services. Luis E. Torrado, who established the company in 1995, has devoted his time to working on projects that bring positive change to underserved communities.

Read More

Black-Owned

February 23, 2022

PIDC Commercial Mortgage Loan

The Commercial Mortgage Loan was developed out of a capital need that PIDC identified for small businesses and nonprofits to purchase their existing locations and benefit from investment in their growing neighborhoods and commercial corridors. By allowing businesses to gain ownership of their physical asset, the Commercial Mortgage Loan helps to build wealth for entrepreneurs

Read More

Client Stories

January 24, 2022

LUHV Food

LUHV Food LLC is a woman- and Hispanic-owned manufacturing company dedicated to producing 100% nutritional vegan foods. The company was started out of necessity as owners Daniel and Silvia Lucci were experiencing personal financial hardship and health issues. Both were initially heavy meat eaters and with Daniel having experience as a restaurant chef of many

Read More

Hispanic & Latino

October 21, 2021

PIDC LAUNCHES BUSINESS BUILDER EN ESPAÑOL SERIES OF SPANISH LANGUAGE WORKSHOPS

This November, PIDC will kick off an eight month series of workshops on various topics for the Spanish speaking business community PHILADELPHIA (October 21, 2021) – This November, PIDC, Philadelphia’s public-private economic development corporation, will kick off an eight month series of workshops in Spanish as part of its strategy to assist Spanish-speaking entrepreneurs, one

Read More

Hispanic & Latino

October 21, 2021

ARTÍCULO PARA DIARIO EN LÍNEA (BLOG) / COMUNICADO DE PRENSA

PIDC LANZA UNA SERIE DE TALLERES EN ESPAÑOL “BUSINESS BUILDER EN ESPAÑOL” FILADELFIA (21 de Octubre del 2021) – Este Noviembre, PIDC, la corporación de desarrollo económico pública-privada de Filadelfia, iniciará una serie de talleres de ocho meses en español como parte de su estrategia para ayudar a los empresarios de habla hispana, uno de

Read More

Hispanic & Latino

September 24, 2021

Support Hispanic and/or Latino-owned Businesses

This Hispanic Heritage Month, we are highlighting just a few of our Hispanic and/or Latino owned PIDC client businesses and PIDC clients that primarily focus on services for Hispanic and/or Latino communities. Food Boricua Restaurant An authentic, family-owned Puerto Rican food restaurant with locations in Northern Liberties and Port Richmond. Don Pedro Meats & Market

Read More

Black-Owned

November 24, 2020

Technical.ly Philadelphia’s 10-Part Series on Black & Latinx Entrepreneurs

PIDC is excited to partner with Ben Franklin Technology Partners to support Technical.ly Philadelphia’s 10-part series on Black and Latinx entrepreneurs in Philadelphia, which launched in October.This 10-part series highlights Black and Latinx entrepreneurship in Philadelphia, including the inequities these founders face so they can be addressed — as well as explores what resources do

Read More

Hispanic & Latino

October 23, 2020

Greater Philadelphia Hispanic Chamber of Commerce

PIDC is a proud partner of the Greater Philadelphia Hispanic Chamber of Commerce (GPHCC) — a not-for-profit organization devoted to promoting the advancement and economic growth of Hispanic businesses and professionals in the greater Philadelphia region. Established in 1990, GPHCC accomplishes its mission through educational programs, a broad range of services, and special events. The

Read More

Hispanic & Latino

October 23, 2020

Support Hispanic and/or Latino-owned Businesses

This month, we are highlighting just a few of our PIDC client businesses that are Hispanic and/or Latino owned and/or businesses that primarily focus on services that help Hispanic and/or Latino communities. We encourage you to support these clients and other businesses throughout Philadelphia. Esperanza Health Center Esperanza Health Center is a multi-cultural ministry providing

Read More

Education & Medicine

December 19, 2019

Groundbreakings & Ribbon Cuttings

Some of PIDC’s spectacular neighborhood projects have recently cut the ribbons and celebrated opening their doors. Here are a few notable projects that have either renovated their current location or opened at an entirely new location. Community Partnership School is now in its 14th year of providing high quality and affordable early childhood and elementary

Read More

Hispanic & Latino

August 28, 2019

Impact Development Fund

After the successful investment of the initial round of $6M from the Impact Development Fund, PIDC launched a second round of $5M to support commercial, industrial, and mixed-use development on commercial corridors in Philadelphia’s low-income neighborhoods. PIDC’s Impact Development Fund provides new capital for neighborhood-based development, driving revitalization in communities that can often be overlooked

Read More

Hispanic & Latino

March 1, 2016

GROUNDBREAKING CEREMONY FOR $16M PLAZA ALLEGHENY SHOPPING CENTER

State and city officials and community members today joined Mayor Jim Kenney, project developer David Groverman, and PIDC for a groundbreaking ceremony at Plaza Allegheny, an 85,000 square foot mixed-use, retail shopping center in North Philadelphia’s Fairhill neighborhood.

Read More

Hispanic & Latino

August 13, 2014

PIDC CLIENTS HONORED WITH PHILADELPHIA BUSINESS JOURNAL MINORITY BUSINESS LEADER AWARD

Last week the Philadelphia Business Journal held its Annual Minority Business Leader Award ceremony celebrating successful minorities in the Philadelphia region.

Read More