Black-Owned
February 24, 2020
REC Philly
As the first of its kind, REC (Resources for Every Creator) Philly, serves as both a creative agency and a creative incubator with a mission to connect, empower and educate the creative community. Co-founders, Dave Silver and Will Toms, thought of the idea after they both finished college. The two had initially worked together through
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February 7, 2020
Announcing Navy Yard Leadership Transition
[av_one_third 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_image src=’https://pidcphilablog.com/wp-content/uploads/2020/02/pidc-kate-mcnamara.png’ attachment=’7981′ attachment_size=’full’ align=’center’ styling=” hover=” link=” target=” caption=” font_size=” appearance=” overlay_opacity=’0.4′ overlay_color=’#000000′ overlay_text_color=’#ffffff’ animation=’no-animation’ custom_class=” admin_preview_bg=”][/av_image] [/av_one_third][av_two_third 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=”]
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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
Read MoreScholarship
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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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
Read MoreBusiness 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
Read MoreEducation & 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
Read MoreLogistics & 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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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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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,
Read MoreLogistics & 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
Read MoreMED 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
Read MoreSustainability
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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