Partner News
December 16, 2021
JPMORGAN CHASE IS GRANTING $750K TO ‘BUILT BY PHILLY,’ A NEW DIGITAL RESOURCE FOR ENTREPRENEURS OF COLOR
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Partner News
December 16, 2021
JPMORGAN CHASE IS GRANTING $750K TO ‘BUILT BY PHILLY,’ A NEW DIGITAL RESOURCE FOR ENTREPRENEURS OF COLOR
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December 15, 2021
Top PIDC Stories of 2021
[av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] It’s hard to believe that 2022 is already upon us. We’re grateful to have spent this year working with you — our wonderful clients, partners, staff, supporters,
Read MoreSHOP PHL
December 15, 2021
Support Local Businesses: Holiday Shopping Guide 2021
If you’re looking for the perfect gift this holiday season, we are highlighting a variety of our client businesses that offer unique gifts for your needs. Plus, we’ve gathered a few holiday guides and events that are hosted by some of our incredible PIDC clients and partners. As you consider your options for shopping and
Read MoreSHOP PHL
November 22, 2021
Support Local Businesses: 2021 Holiday Edition
This holiday season, we are highlighting just a few holiday events for the entire family that are hosted by some of our incredible PIDC clients and partners. As you consider your options for shopping and holiday outings with your loved ones, we encourage you to support these local initiatives. Visit Philadelphia Holiday Parade Holiday performances
Read MoreFunding Update
November 22, 2021
Apply now for PIDC’s Restart PHL Loan
DETAILS Loan Amount: $25,000 – $250,000 Interest rate: 0% Term: Up to 5 years PIDC’S RESTART PHL LOAN CAN HELP… Support new revenue streams due to pivots in business models Provide working capital Purchase equipment Support payroll, rent, and mortgage expenses Increase inventory Technology upgrades Mobilization capital Re-hiring and employee training PRIORITIES Funds will be
Read MoreTeam Members
November 22, 2021
Meet PIDC’s 2021 New Team Members
PIDC continues to grow, drawing from Philadelphia’s top talent. This year, PIDC hired a great 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! Courtney Reymond Travis HOMETOWN:Hamilton, MA DEPARTMENT:Operations TITLE:Executive Assistant to the EVP & Chief Operating Officer
Read MoreClient Stories
October 28, 2021
PHILLY SHIPYARD HIRES 13 PIDC WORKFORCE DEVELOPMENT PROGRAM GRADUATES
Read more on the Navy Yard blog:
Read MoreLower Schuylkill River
October 27, 2021
Grays Avenue Corridor Clean-Up Day
Earlier this month, PIDC partnered with SEPTA, various City departments, and community groups to host a clean-up day for the Grays Avenue Corridor in Southwest Philadelphia. The corridor is the site of a year-long Complete Streets Concepts & Design Project (Complete Streets Project), led by SEPTA and supported by funding from a Helping Obtain Prosperity
Read MoreHispanic & 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
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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 MoreMED Week
September 27, 2021
PIDC Fall 2021 Events You Don’t Want to Miss
PIDC has some great events in store for you. This fall will be packed with a few awesome opportunities to virtually network with others, learn from industry leaders, and get the resources needed to grow your business. Learn more about our upcoming information sessions for the SBA’s Economic Injury Disaster Loans (EIDL), the Rebuild Contract
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September 24, 2021
COVID-19 Relief Pennsylvania Statewide Small Business Assistance Program Impact Report
The COVID-19 Relief Pennsylvania Statewide Small Business Assistance Program was a statewide grant program targeting small businesses impacted by business closure orders due to the COVID-19 public health crisis, so these businesses could get the relief they so desperately needed. The program provided grants ranging from $5,000 to $50,000 to small businesses that have been
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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 MoreNMTC
September 2, 2021
PIDC ANNOUNCES A $60 MILLION ALLOCATION IN U.S. TREASURY NEW MARKETS TAX CREDITS
The 7th award for PIDC Community Capital for a total of $373 million in New Markets Tax Credit allocations over 13 years PHILADELPHIA (September 2, 2021) – Today, PIDC announced its CDFI subsidiary, PIDC Community Capital, was awarded $60 million in New Markets Tax Credit (NMTC) allocation from the U.S. Treasury Department’s Community Development Financial
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August 24, 2021
Milligan Group
Milligan Group LLC provides a full range of electrical construction, voice, data, and fiber optics telecommunications infrastructure as well as video surveillance solutions so that businesses’ infrastructure needs are met for this ever-changing industry. It is a certified MBE, WBE, and DBE firm and a signatory of the IBEW (International Brotherhood of Electrical Workers) local
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August 23, 2021
Working Capital for Rebuild Contracts
One major hurdle for small but growing contractors is maintaining a positive cash flow to fund costs and payroll especially as they look to take on bigger projects and grow. Those larger contracts can have payment terms up to 60 or 90 days, which often does not work for smaller businesses. PIDC’s Rebuild Contract Line
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August 23, 2021
PIDC-D’Alessio Scholarship for Urban Development
PIDC is proud to announce the third-round recipients of the PIDC-D’Alessio Scholarship for Urban Development. The scholarship was launched in 2019 to support graduate students at Philadelphia schools seeking to pursue a career in urban development and finance. The scholarship was created by PIDC in recognition of M. Walt D’Alessio’s decades of commitment and leadership
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