PIDC BLOG

September 29, 2017

HELP BRING AMAZON TO PHILLY!

As we are certain you are well aware by now, Amazon has announced they are looking for a location for their new second headquarters.  Here at PIDC we have been working hard with our partners at the City of Philadelphia on Philadelphia’s proposal to become the home of Amazon’s HQ2 and the company’s next 50,000

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August 29, 2017

CLIENT FEATURE: WHY NOT PROSPER

(WNP) a grassroots nonprofit founded by a formerly incarcerated woman for other formerly incarcerated women located in the Germantown and Cobbs Creek sections of Philadelphia, is growing thanks to financing from PIDC.

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Sustainability

August 29, 2017

PHILADELPHIA WATER DEPARTMENT AND PIDC STORMWATER MANAGEMENT HIGHLIGHTED

  Launched in January 2012, the Stormwater Management Incentives Program (SMIP) grant program is designed to be a catalyst for transforming large, commercial impervious properties that generate high volumes of stormwater runoff and burden the city’s sewer system and waterways, into properties that build and maintain green stormwater management practices. These practices include rain gardens, vegetated infiltration

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July 28, 2017

CLIENT FEATURE: DISORB SYSTEMS

Based in North Philadelphia, DiSorb Systems manufactures and distributes a wide range of medical products to healthcare facilities throughout the U.S. and in many countries around the world. DiSorb has been a PIDC client for over 15 years.

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Real Estate Initiatives

July 28, 2017

LOWER SCHUYLKILL DEVELOPMENT STAKEHOLDERS PARTNER ON BUILDING HEALTHY CORRIDOR PROJECT IN GRAYS FERRY

ULI Philadelphia, in conjunction with PennPraxis, received a national grant to study the Grays Ferry corridor from Washington Avenue to Woodland Avenue.

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Team Members

June 26, 2017

MEET PIDC’S NEW TEAM MEMBERS

PIDC is excited to welcome a group of talented new members to its staff. Each brings exceptional experience to PIDC and will work hard to carry out our mission of driving growth to every corner of Philadelphia.

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June 26, 2017

CLIENT FEATURE: DKJ CONSTRUCTION

DKJ Builders and Construction Managers, Inc., is a construction, management and consulting organization with capacity to plan, design, oversee and execute any new construction, renovation, infrastructure and development project for commercial, residential and industrial clients. PIDC was able to provide DKJ Construction with a Contract Line of Credit Loan to bridge receivables on contracts with organizations

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June 8, 2017

REFERRAL SUCCESS STORY: M&T BANK AND OUTCAST STUDIOS

M&T Bank is dedicated to their small business customers. Chad Shank, Vice President, was able to identify the financing need of Outcast Studios would be a good fit for PIDC.

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May 21, 2017

CLIENT FEATURE: CASA PAPEL

Cecila and Nestor Torres are owners of Casa Papel – a boutique paper design and print company in Philadelphia. They specialize in creating one-of-kind design, stationery & paper solutions made with utmost craftsmanship. PIDC was able to get Casa Papel the flexible capital they needed to expand their business and launch online.  

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May 21, 2017

PIDC CELEBRATES SMALL BUSINESS WEEK:MAY 22-26

This week Philadelphia will celebrate small businesses across the city. Small businesses have a significant impact on Philadelphia’s economy and deserve much recognition for their contribution. PIDC is committed to the growth of small businesses in every neighborhood in Philadelphia and in the last 5 years, PIDC has invested more than $117M in small business

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May 21, 2017

FRANKFORD CDC EXECUTIVE DIRECTOR KIMBERLY WASHINGTON CREATING OPPORTUNITIES IN FRANKFORD

PIDC client Frankford Community Development Corporation (FCDC) is dedicated to development of lower Northeast Philadelphia through affordable and workforce housing development, job creation, improving outcomes around health and wellness and the sustainable improvement of the public space.

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May 3, 2017

PIDC CELEBRATES SMALL BUSINESS WEEK

NEWS RELEASE PIDC Celebrates Small Business Week with Announcement of $1.2 Million Investment Supporting Minority and Woman-owned Small Business Growth in Philadelphia

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April 18, 2017

INDEPENDENCE BUSINESS ALLIANCE EXPANDS RESOURCES AND GEARS UP FOR 10TH ANNIVERSARY

For the past ten years, the Independence Business Alliance (“IBA”) has served as the LGBT business community’s Chamber of Commerce for the Greater Philadelphia area. Its goals include providing opportunities, access and resources to LGBT professionals and allies in the Greater Philadelphia area, while promoting economic development, growth, diversity and leadership in the region.

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March 30, 2017

CLIENT FEATURE: A SPOTLIGHT ON P.A. FLY CONTRACTING

In celebration of Women’s History Month, we introduce to you one of our many successful women-owned business clients, Pamela Fly, president of P.A. Fly Contracting, Inc.  P.A. Fly Contracting, Inc. is a women-owned commercial carpentry subcontractor with more than 50 years of combined experience in the construction industry.

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March 30, 2017

SHOP PHL WOMEN-OWNED BUSINESSES

PIDC is proud to work with women-owned businesses. We are celebrating Women’s History Month with a series highlighting some noteworthy PIDC client businesses led by women. Check out these great businesses here.

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March 30, 2017

NEIGHBORHOOD ECONOMIC DEVELOPMENT RFP

The City of Philadelphia Department of Commerce is requesting proposals from Philadelphia non-profit neighborhood-based organizations to fund development costs related to the construction of commercial (and/or the commercial portions of mixed-use) development.  Recipients will be organizations that can demonstrate the capacity to complete the project.

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March 2, 2017

PENNONI PRESENTS 2017 ELLIPSE AWARD TO JOHN GRADY

PHILADELPHIA, PA – Pennoni presented the 2017 Ellipse Award to John Grady, President of the Philadelphia Industrial Development Corporation (PIDC). The Ellipse Award is bestowed annually to a member of the community who has improved the quality of life through pioneering or innovative approaches to infrastructure development or redevelopment.

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February 23, 2017

DIPINTO GUITARS RECIPIENT OF PIDC LOAN THROUGH CAPITAL CONSORTIUM

PIDC is an advocate for improving the access to capital for small businesses in Philadelphia. That is why it’s a member of the City of Philadelphia’s  Capital Consortium.

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