PIDC BLOG

January 29, 2020

Thank you to our Investors

[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=”] The new year is off to a great start as PIDC recently closed four major investments, totaling more than $4.8M, at the end of 2019. The funds

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January 29, 2020

What the Small Business Reorganization Act of 2019 May Mean for Your Small Business

[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=”] The Small Business Reorganization Act of 2019 (the “Act”) was executed on August 23, 2019 and becomes effective in February 2020. With the Act, Congress amended the

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Scholarship

January 29, 2020

PIDC Selects Recipients for the First Ever PIDC-D’Alessio Scholarship for Urban Development

PIDC is proud to announce the first winners 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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NMTC

January 29, 2020

The Clay Studio Breaks Ground on New Facility

The groundbreaking is a culmination of a $13.7 million capital campaign, which was supported by an allocation of New Markets Tax Credits from PIDC. In this project, PIDC joins lending partners Local Initiatives Support Corporation (Philadelphia), Reinvestment Fund, and Wells Fargo. The new facility at 1425 N. American St. is a milestone for the nearly

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Business Builder Workshops

January 29, 2020

PIDC Kicks Off 2020 Business Builder Workshops

PIDC’s Business Builder workshops provide critical business education to businesses and organizations from every market sector. Presented by subject matter experts, these workshops are foundational in building skills, making connections, and providing components needed to reach strategic growth goals. The workshops are free and available to established businesses only (no start-ups). PIDC is kicking off

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January 15, 2020

ANNE BOVAIRD NEVINS NAMED AS NEXT PRESIDENT OF PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION

[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=”] PIDC’s Chief Strategy and Communications Officer, Anne Bovaird Nevins will be the eleventh chief executive and the first woman to serve in the role in PIDC’s 60-year

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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

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December 19, 2019

Stormwater Grant Program

[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=”] The Philadelphia Water Department’s stormwater grant program started in 2012 to provide financial assistance to non-residential property owners who desire to build green stormwater infrastructure to manage

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December 19, 2019

Future of Work Updates

[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=”] On November 6-7, Federal Reserve Bank of Philadelphia, City of Philadelphia, Chamber of Commerce for Greater Philadelphia, and Drexel University joined forces to host a Business innovations

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Logistics & Distribution

December 19, 2019

December Logistics & Distribution Update

In early 2018, PIDC released Philadelphia Delivers: A Hub for Logistics & Distribution. Since the report’s release, Philadelphia has seen significant real estate development in this booming industrial sector. In this monthly series, you can catch up on the ongoing logistics and distribution activity happening in Philadelphia. In yet another sign of the depth and

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SHOP PHL

November 25, 2019

ShopPHL Small Business Saturday

Season’s Greetings! The holidays bring lots of opportunities to enjoy the amenities and shopping experiences Philadelphia has to offer. PIDC is proud to work with many fabulous Philadelphia businesses. We invite you to check out some of our retail small business clients below as you consider where to shop this holiday season. Shopping small helps

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November 20, 2019

John Grady to Step Down as President of PIDC

NEWS RELEASE: Wednesday November 20, 2019 CONTACTS: Liz Ferry, Chamber of Commerce 215-790-3794 Deana Gamble, City of Philadelphia 215-686-6210 Jessica Calter, PIDC 215-496-8161   JOHN GRADY TO STEP DOWN AS PRESIDENT OF PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION (PIDC) Long-time PIDC leader to transition to a private sector role in late-January PHILADELPHIA – (November

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Sustainability

October 29, 2019

Triple Bottom Brewing

[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=”] Triple Bottom Brewing recently celebrated a grand opening at their location at 915 Spring Garden in the West Poplar/ Callowhill neighborhood of Philadelphia. And according to CEO,

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Logistics & Distribution

October 29, 2019

October Logistics & Distribution Update

In early 2018, PIDC released Philadelphia Delivers: A Hub for Logistics & Distribution. Since the report’s release, Philadelphia has seen significant real estate development in this booming industrial sector. In this monthly series, you can catch up on the ongoing logistics and distribution activity happening in Philadelphia. In March 2018, PIDC issued an RFP for

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MED Week

October 29, 2019

Minority Enterprise Development Week Highlights

Presented by the City of Philadelphia, Minority Enterprise Development (MED) Week highlights minority businesses and resources to help them grow. Throughout the second week of October, organizations from across the region hosted events focused on this year’s theme, “Moving the Needle.” To kick off MED Week festivities, PIDC served as one of many vendors at

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Sustainability

October 29, 2019

Manufacturer Resources that Increase Your Bottom Line

[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=”] Earlier this month, PIDC partnered with the Southeastern Pennsylvania Manufacturing Alliance (SEPMA), Philadelphia Works, PECO, and the U.S. Environmental Protection Agency (EPA) to host a premiere event

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October 17, 2019

RFP for Equitable Entrepreneurship Assessment and Strategy

For Immediate Release: October 17, 2019 ContactsAbby Douglas — United Way of Greater Philadelphia and Southern New Jersey856-583-1855,   Kevin Lessard — City of Philadelphia251-683-2067,   United Way of Greater Philadelphia and Southern New Jersey, in partnership with the City of Philadelphia and PIDC, Releases RFP for Equitable Entrepreneurship Assessment and Strategy PHILADELPHIA – United Way of Greater Philadelphia and Southern New

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Team Members

September 25, 2019

Meet PIDC’s New Team Members

[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=”] This year, PIDC hired several talented and experienced employees in various fields. It is our pleasure to introduce you to our new additions to the PIDC team!

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