HELPING SMALL BUSINESSES GROW

by PIDCphila
May 21, 2015

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10KSB LogoPIDC continues to invest in growing small businesses in Philadelphia with continued partnership in the Goldman Sachs 10,000 Small Businesses initiative.The 10,000 Small Businesses program is designed to help small businesses create jobs and economic growth by providing entrepreneurs with access to capital, a practical business education, and business support services.

Since launching in Philadelphia in 2013, more than 150 CEOs have now completed the business education component. As a part of this program you will have the chance to learn in an intimate peer-to-peer environment with other chief executives and immediately apply these principles from the award-winning Babson College, ranked #1 by U.S. News & World Report magazine for more than 20 years for its Entrepreneurship education.

Community College of Philadelphia (CCP) manages the education component of this program, providing entrepreneurs in the greater Philadelphia region with access to practical business courses and powerful networking opportunities to help their businesses grow. Through the support of the Goldman Sachs Foundation, business owners selected to participate in the education program, receive a scholarship covering the full cost of tuition and program materials.

We urge you to take this chance, attend the information session, listen to the presentation and hear from alumni on the real impact of this initiative.

Wednesday June 3, 2015

7:30am- 9:00am

Northeast Regional Center| Community College of Philadelphia

12901 Townsend Road

Philadelphia, PA 19154

If you would like to be a part of this growing network of successful graduates, act fast. The deadline to apply for the next cohort is June 15, 2015. Apply Today!

PIDC manages the capital program for Philadelphia as well as provides business support services. PIDC’s Working Capital & Equipment Loan is generally available to any small business or nonprofit located, or planning to locate in Philadelphia. Applications are accepted on a rolling basis based on a few criteria:

  • Have at least four employees
  • Have revenues between $150,000 and $4 million
  • Have been in operation for at least two years
  • Are located or plan to locate in the City of Philadelphia
  • Priority given to businesses that are located in a low to moderate income census tract or primarily employ low to moderate income individuals

Funds from the program can be used for:

  • Working capital
  • Machinery and equipment
  • Building improvements
  • Leasehold improvements
  • Real estate acquisition & construction (speculative real estate ventures are not eligible)

To learn more on how PIDC can assist your small business to grow in Philadelphia through the Goldman Sachs 10,000 Small Businesses Initiative, please contact Chamor Hollinger at 215.496.8157 or .

 

 

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