PIDC BLOG

Hispanic & 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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Hispanic & Latino

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

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September 27, 2021

PIDC Fall 2021 Events You Don’t Want to Miss

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] 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

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Funding Update

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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Hispanic & Latino

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

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NMTC

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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Black-Owned

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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Scholarship

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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AAPI

August 23, 2021

Shop PHL: Into the Office

Whether your company is going back to work in the office, starting a hybrid working environment, or still operating remotely, we have a few PIDC clients that can help your company make a more seamless transition. Image courtesy of Team Clean, Floss Barber & Yikes Sanitize Team Clean Team Clean is a Black-owned/woman-owned commercial, janitorial

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Black-Owned

July 26, 2021

Custom Arts Studio

Custom Arts Studio is an award-winning, woman-owned company in Philadelphia specializing in custom art and design. It has been featured in multiple media and shopping outlets, including CBS Philly, Philly Metro, 6abc, Wooder Ice, The Philadelphia Tribune, QVC, and the Home Shopping Network (HSN). Moreover, Custom Arts Studio was recently selected as artist-in-residence for the

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Team Members

July 26, 2021

Meet the Summer 2021 PIDC Interns

[av_image src=’https://pidcphilablog.com/wp-content/uploads/2021/07/interns-2021-zoom-computer-1000×400-1.jpg’ attachment=’10293′ 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_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] This summer, 10 talented interns from various parts of the world joined PIDC virtually to learn and assist us in driving growth to every corner of Philadelphia. Get

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Press Release

July 22, 2021

Comprehensive Report Identifies Current Gaps & Critical Steps To Level The Playing Field For Entrepreneurs Of Color In Philadelphia

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] Local Entities Seek to Address Fundamental Barriers to Wealth Faced by BIPOC-Owned Businesses and Identify Concrete Course of Action Forward PHILADELPHIA, PA — In an effort initiated as one of the priorities in the City’s inclusive growth plan, “Growing with Equity,” and intensified amid widespread calls

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Press Release

July 12, 2021

RFQ Issued for Prime Ben Franklin Parkway Property

CONTACTS: City, Paul Chrystie, ; PIDC, Jessica Calter, Requests for Qualifications Issued for Prime Benjamin Franklin Parkway Property Exciting opportunity for redevelopment of two key locations including the former Family Court Building and additional adjacent lot at 1901 Wood Street PHILADELPHIA —PIDC, on behalf of the City and PAID, today released an exciting RFQ

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SHOP PHL

June 28, 2021

SHOP PHL: Summer Fun Edition

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” custom_class=” admin_preview_bg=”] Now that all Safer-at-Home restrictions have ended, more businesses are operating at full capacity, most museums and attractions are open, and some people are returning to workplaces. To assist in this transition, the city launched Ready.Set.Philly, a collaborative civic initiative to safely bring people back to

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June 28, 2021

City & PIDC Announce Awards from COVID-19 Hospitality Industry Recovery Program (CHIRP)

More than 980 Philadelphia businesses selected to receive over $17 million in grants PHILADELPHIA, PA (January 13, 2021) – The City of Philadelphia and PIDC today announced that 981 Philadelphia businesses have been selected to receive a total of over $17 million from the Pennsylvania COVID-19 Hospitality Industry Recovery Program (CHIRP), the statewide program created by

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Restart Action Plan

May 24, 2021

The Navy Yard Selects Dominion Energy for the Electric Utility Operations & Maintenance Contract

Working in partnership with the City of Philadelphia Department of Commerce, the Chamber of Commerce for Greater Philadelphia, and Philadelphia Works, we have jointly identified four phases of work to drive an equitable economic recovery in Philadelphia: 1. RESPOND 2. RESTART 3. RECHARGE 4. REIMAGINE In July 2020, we announced our full recovery plan, detailing

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Client Stories

May 24, 2021

Powel & SLA-MS

In December 2019, Drexel University and the School District of Philadelphia held a groundbreaking ceremony to celebrate the new construction of a 2-story 90,000 square foot school building in the Powelton section of Philadelphia, a federally designated Promise Zone with a poverty rate of 48%. Fast-forward to 2021, and the construction project is now complete,

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