Business Tips & Resources
November 21, 2024
10 Ways to Support Small Businesses in Philadelphia This Holiday Season
Supporting small businesses during the holiday season is one of the best ways to give back to your community and find unique, heartfelt gifts that stand out. When you shop local, you’re investing in your own neighborhood and helping local entrepreneurs thrive, while supporting countless local jobs. PIDC knows how important our local small businesses
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November 21, 2024
Angie Millan: Inspiring Entrepreneur Turned PIDC Partner & Client
Woman-owned and operated businesses continue to grow and PIDC Partner and client Angie Millan shows that having an entrepreneurial spirit can help set your business up for success. Millan started her entrepreneurial journey in 1998 when she opened “Angie’s Auto Tags,” one of Philadelphia’s trusted one-stop shops for services including car insurance, title transfers, notary
Read MoreLower Schuylkill River
November 20, 2024
Driving Growth: PIDC Recaps This Season’s Economic Development Conferences
At PIDC, we recognize that staying informed and connected is essential to driving meaningful impact in Philadelphia’s communities. That’s why our team members actively participate in conferences, events, and workshops focused on community, professional, and economic development. These opportunities allow us to learn from industry leaders, share best practices, and exchange ideas with peers from
Read MoreTeam Members
November 15, 2024
PIDC Cares: Nonprofits Our Team Loves
At PIDC, we’re committed to not only growing Philadelphia’s economy but also to supporting the organizations that make our city a stronger and more inclusive place. In the spirit of the holiday season, we asked our team members to share some of their favorite nonprofits making our city better for all. Whether they’re feeding the
Read MorePartner Spotlight
November 14, 2024
Get to Know the Urban Land Institute Philadelphia—Where the Future is Built
PIDC is proud to have a network of partners working together to ensure Philadelphia continues to attract business investment, development, and job creation by connecting you to resources that can help you reach your goals. One of these partners, the Urban Land Institute (ULI) Philadelphia, is making a big impact across our city. ULI is
Read MoreSHOP PHL
October 24, 2024
SHOP PHL: FALL
As the leaves turn and the weather cools, there’s no better time to explore and support Philadelphia’s vibrant small business community. Whether you’re looking to enjoy a seasonal beverage, indulge in the flavors of fall, or find a festival for the whole family, PIDC has you covered with a guide of the must-see, must-shop, and
Read MoreTeam Members
October 24, 2024
Meet PIDC’s New Team Members – Fall 2024
We’re excited to introduce the newest additions to PIDC’s growing team! Each of these talented professionals brings unique skills, experiences, and fresh perspectives that will help drive our mission to foster economic growth and opportunities throughout Philadelphia. As PIDC continues to support businesses, nonprofits, and developers in our vibrant city, these new team members will
Read MoreBusiness Tips & Resources
October 24, 2024
Mastering the Holiday Hustle: Tips to Make Your Philadelphia Small Business Shine This Season
The holidays are fast approaching and if you haven’t already, it’s time to start preparing your small business for the busiest shopping season of the year. The holidays are not just a festive time of year—they’re also crucial for small businesses, offering you the chance to boost sales, attract new customers, and strengthen your business’s
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October 22, 2024
PIDC Funds Renovation and Expansion of Delaware Valley Community Health’s New Family Medicine Residency Program
Delaware Valley Community Health (DVCH) is a community health center that’s been providing affordable, accessible, culturally competent healthcare services throughout the Delaware Valley Region for over 50 years. A mainstay in the city, DVCH helps patients regardless of their ability to pay at the time of service. DVCH has nine neighborhood locations, seven of which
Read MoreMED Week
October 21, 2024
Recap: Minority Enterprise Development (MED) Week 2024
From October 7 through 11, the City of Philadelphia hosted the 40th annual Philadelphia Minority Enterprise Development (MED) Week, providing diverse business owners with resources to help them grow as well as reward business owners and entrepreneurs who continue to thrive, boosting Philadelphia’s business scene. This year’s theme was “Investing in the Future: 40 Years
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October 16, 2024
PIDC Community Capital Announces $4 Million Grant From Philanthropist MacKenzie Scott’s Foundation
FOR IMMEDIATE RELEASE:October 15, 2024 CONTACT:Kevin PIDC Community Capital Announces $4 Million Grant From Philanthropist MacKenzie Scott’s Foundation The Community Development Financial Institution (CDFI) arm of Philadelphia’s economic development corporation is thrilled to receive the unexpected gift to support its mission of driving growth across Philadelphia PHILADELPHIA — Today, PIDC — Philadelphia’s public-private economic
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September 24, 2024
Meet Kersy Azocar, Cornerstone of PIDC’s Business Builder Workshops en Español
In October 2021, PIDC introduced Business Builder Workshops en Español, Spanish-language workshops led by Hispanic and Latino(a) professionals. These much needed business support workshops address a wide variety of business challenges faced by Hispanic and Latino(a) business owners. To date, PIDC has held 40+ Business Builder Workshops en Español, and it would not have been
Read MoreScholarship
September 24, 2024
PIDC Announces Recipients of the 2024 PIDC-D’Alessio Scholarship for Urban Development
PIDC is proud to announce the sixth-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. Walter D’Alessio’s decades of commitment and leadership
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September 23, 2024
How Queen & Rook Mastered the Game of Small Business Success
In the age of smartphones, streaming services, and video games, it’s easy to forget the charm of face-to-face interactions and the simple joy of sitting down to play a board game. But there’s a place in Philadelphia that is keeping the beauty of board games alive: Queen & Rook Game Cafe. Queen & Rook opened
Read MoreBusiness Tips & Resources
September 20, 2024
How to Protect Your Philly Small Business from Predatory Lending Practices
Funding is critical to the success and scalability of small businesses. Business owners need access to adequate funding for a variety of needs, including payroll, utilities, inventory purchases, and technology to name a few. Because financing is necessary for business growth, bad actors use predatory lending practices to take advantage of hard working small business
Read MoreNMTC
September 19, 2024
PIDC Announces It Has Received A $55 Million Allocation In Federal New Markets Tax Credits
The 9th award for PIDC Community Capital for a total of $473 million in New Markets Tax Credit allocations over 16 years For Immediate Release: September 19, 2024 Contact: Kevin Lessard, PIDCSVP, Marketing Communications & Government Today, PIDC—Philadelphia’s public-private economic development corporation—announced its CDFI subsidiary, PIDC Community Capital, was awarded $55 million in New
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August 29, 2024
Looking Back At PIDC’s COVID-19 Response
PIDC has a 65-year history of leading Philadelphia’s economy through periods of economic change. In March 2020, when the COVID-19 pandemic prompted the city to restrict in-person activities to curb the disease’s spread, PIDC promptly sprung into action, marshaling our capital to assist businesses in navigating an unparalleled crisis. PIDC developed the Restart PHL Loan
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August 29, 2024
How to Build an Effective Advisory Board for Small Businesses
Small businesses are becoming the world’s most growing type of business whether people are selling digital products, services, sweet treats, or clothing. The journey of starting and operating a small business is exciting yet challenging. You wear many hats, acting as CEO, accountant, marketer, sales representative, customer service agent—the list goes on. As a business
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