Greater Philadelphia Growth Partnership Launches to Advance Regional Economic Growth & Opportunity

by Rachel Hazzard
June 22, 2026

Categories: Partner News,

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In May, leaders from across Southeastern Pennsylvania — including PIDC — joined together to officially launch the Greater Philadelphia Growth Partnership, a new cross-sector initiative designed to strengthen the region’s economic competitiveness and expand opportunity for residents across the five-county region.

As a partner in this regional effort, PIDC is collaborating with business, civic, philanthropic, workforce, and public sector leaders from Bucks, Chester, Delaware, Montgomery, and Philadelphia counties around a shared vision for long-term economic growth.

For decades, organizations throughout the region have worked together to support businesses, attract investment, and create jobs. The Greater Philadelphia Growth Partnership represents a new chapter in that work — one built on deeper collaboration, greater alignment, and a commitment to coordinated action across county lines.

A Regional Approach to Shared Challenges

The launch of the Partnership comes at a critical time for Southeastern Pennsylvania. Despite the region’s strengths — including world-class universities and research institutions, a diverse talent pool, robust infrastructure, and a strategic East Coast location — regional leaders recognize the need to address challenges like sluggish job growth and declining economic mobility.

The Partnership was created to help the region compete more effectively by aligning priorities, investments, and implementation efforts around a shared, data-driven growth strategy. Developed with support from The Pew Charitable Trusts and the Brookings Institution, the strategy identifies opportunities to drive economic growth while ensuring more residents can access quality jobs and career pathways.

The Partnership has identified three priority industries with strong potential for growth and economic mobility, selected based on their ability to generate high-quality, accessible jobs and build on the region’s existing assets and competitive advantages:

  • Enterprise digital solutions: Companies that create essential software and technology tools that help other businesses operate more efficiently, manage their work, and solve complex problems.
  • Precision manufacturing in industrial technologies: Businesses that make highly specialized, high-quality parts and equipment that are critical to industries like aerospace, energy, transportation, and advanced manufacturing.
  • Biomedical engineering and production: Companies that design, develop, and manufacture healthcare products and technologies, including medical devices, diagnostic tests, imaging equipment, surgical tools, medicines, and related systems.

Working Together for Greater Impact

At PIDC, we know that economic growth doesn’t stop at municipal boundaries. Regional collaboration is essential to creating the conditions that help businesses thrive, attract investment, and expand opportunity for communities across Southeastern Pennsylvania.

As Philadelphia’s public-private economic development corporation, PIDC is excited to support this new chapter of regional collaboration and the work ahead.

By aligning efforts across the region, the Greater Philadelphia Growth Partnership creates an opportunity to strengthen our collective competitiveness, attract new investment, and ensure economic growth translates into meaningful outcomes for residents throughout Southeastern Pennsylvania.

Learn more about the Greater Philadelphia Growth Partnership at greaterPHLgrowth.com.

Photo credit: Bowstring Studios

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