PIDC BLOG

Logistics & Distribution

September 25, 2019

September Logistics & Distribution Update

In early 2018, PIDC released Philadelphia Delivers: A Hub for Logistics & Distribution. Since the report’s release, Philadelphia has continued to see 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. This September, PIDC sold a parcel

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September 25, 2019

Tailored Transitions

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] In 2004, Starr Osborne founded Tailored Transitions a home staging, moving management, and interior design firm used by discerning real estate professionals, developers, and homeowners in the Delaware Valley. The business has accomplished a lot since it began in Starr’s own home before it grew into

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MED Week

September 25, 2019

Upcoming PIDC Fall Events

PIDC has some great events in store for you. October will be packed with a few awesome opportunities to network with others, learn from industry leaders, and get the resources to grow your business. Read more about our upcoming events for MED Week, Manufacturing Month, and our Fall Business Builder Workshops. Business Builder Workshops •

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AAPI

September 25, 2019

Asian American Chamber of Commerce of Greater Philadelphia

Longtime partner of PIDC, Asian American Chamber of Commerce of Greater Philadelphia (AACCGP), is dedicated to promoting regional economic growth between Asian & non-Asian businesses while advancing business-friendly public policies and servicing their members through outstanding programs, benefits, and services. Founded in 2002 by Narasimha Shenoy, the current president & CEO, the organization currently includes

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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

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Logistics & Distribution

August 26, 2019

Logistics & Distribution Update

In early 2018, PIDC released Philadelphia Delivers: A Hub for Logistics & Distribution. Since the release of that report, Philadelphia has continued to see significant real estate activity in this booming industry. Here are some updates to a small portion of the activity happening in Philadelphia. In addition to creating modern, new industrial space for

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August 26, 2019

Goldman Sachs 10,000 Small Businesses

[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=”] You built your business; Goldman Sachs 10,000 Small Businesses will help you grow it. Goldman Sachs 10,000 Small Businesses is a program for small businesses that helps

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August 26, 2019

Jobs, Internships, & Scholarships

[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=”] Here’s a roundup of two opportunities for students in Philadelphia—1) a new internship scholarship program recently launched by PIDC, and 2) an internship and job platform from

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Team Members

August 26, 2019

Meet The Summer 2019 PIDC Interns

[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 summer, almost a dozen talented interns joined PIDC to learn and assist us in driving growth to every corner of Philadelphia. Get to know our interns

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August 26, 2019

PIDC’s Business Builder Workshops

[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 a great time to be a business owner as PIDC kicks off the Fall 2019 season of workshops designed to provide critical business education to companies

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August 23, 2019

Olivieri & Associates

Olivieri and Associates Inc., a heavy-highway construction company based in South Philadelphia, has made major strides since its founding in 1999. Performing as a subcontractor for PennDOT on projects such as I-95 ramps and the City of Philadelphia Streets department installing curbs and sidewalks, Olivieri and Associates has established itself as a highly skilled and

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July 29, 2019

PHILADELPHIA’S SPECTACULAR HOSPITALITY & TOURISM

[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=”] Tourism and hospitality is one of the largest industries in the region. The money visitors spend supports local businesses, creates jobs, and generates taxes, helping to build

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July 29, 2019

WHAT DOES IT TAKE TO BE A QUALIFIED OPPORTUNITY ZONE BUSINESS?

In December 2017, Congress amended the Federal tax code by passing legislation commonly referred to as the “Tax Cuts and Jobs Act of 2017.” Under the Tax Cuts and Jobs Act of 2017, a program was created to incentivize investment into certain economically-distressed areas in the United States by providing preferential tax treatment to those

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July 29, 2019

PACDC EQUITABLE DEVELOPMENT CONFERENCE

[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, along with community developers, small business entrepreneurs, health practitioners, researchers, artists, educators, and activists, took part in the 2019 Forward Equitable Development Conference hosted by PACDC.

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July 29, 2019

IOVANCE BIOTHERAPEUTICS FACILITY GROUNDBREAKING AT THE NAVY YARD

[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=”] Iovance Biotherapeutics, Inc., a late-stage biotechnology company developing novel cancer immunotherapies based on tumor-infiltrating lymphocyte (TIL) technology, hosted a groundbreaking ceremony to build an approximately 136,000 square

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Sustainability

July 29, 2019

BIRCHTREE CATERING

[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=”] Behind the delectable cuisine is a small, woman-owned company started by Allegra Derengowski and Rasa Stirbys Benefico, two friends who met as waitresses and began their successful

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June 28, 2019

Baby Boomers and Millennials: A New Approach to Succession Planning

[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=”] Across the United States, about 10,000 baby boomers (individuals born between 1946 and 1964) are retiring every day. Baby boomers own about half of all privately-held businesses

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June 28, 2019

2019 BIO Recap

[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 life sciences community was in full force in Philadelphia for a jam-packed BIO Conference This year. On June 3-6, Philadelphia welcomed over 18,000 attendees from around

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