March 11, 2025
Navigating Credit: PIDC Breaks Down Credit Basics
If you’ve ever felt overwhelmed by the world of credit, you are not alone. Credit isn’t just a number; it’s a key to building a strong financial future. Whether you’re planning to buy a car, secure a business loan, or simply manage your finances more effectively, understanding credit is essential. March is Credit Education Month,
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March 4, 2025
What Is An Aeris® Rating & Why Is It Important for Borrowers?
When searching for a lender, business owners should make sure they’re working with a well-managed and financially stable institution. An Aeris® Rating can provide insight into the trustworthiness of a lending organization. What is an Aeris® Rating?Aeris® Ratings are independent financial assessments used to evaluate the performance of Community Development Financial Institutions (CDFIs). These evaluations
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February 24, 2025
Called to Serve Breaks Ground on the Reverend Leon H. Sullivan Community Impact Center with Help from PIDC
Called to Serve (CTS) recently celebrated the groundbreaking of the Reverend Leon H. Sullivan Community Impact Center with an event featuring remarks from PIDC, government officials, and the project development team. They highlighted how this transformative project builds on past achievements and sets a vision for the future of the community. Established in 2014 by
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February 19, 2025
Sending Love to Our PIDC Clients
At PIDC, we believe in reflecting on the relationships that matter most—both personally and professionally and we want to express our heartfelt appreciation to our clients. Whether you’ve attended one of our Business Builder workshops in English or Spanish, worked with our real estate team to find the perfect location for your business, or have
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February 18, 2025
PIDC Expands Commitment to Future Economic Development Leaders with Launch of New PhiDEL Scholarship
For Immediate Release: February 18, 2025 Contact: Kevin Lessard, PIDCSVP, Marketing Communications & Government PHILADELPHIA — Today, PIDC—Philadelphia’s public-private economic development corporation—is proud to announce the launch of the Philadelphia Diverse Emerging Leaders (PhiDEL) Scholarship and Internship Program. This new initiative builds on PIDC’s long-standing commitment to fostering the next generation of economic development
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February 11, 2025
Elevating Every Occasion—How Martha Santos Makes Events Shine
M Santos Interiors LLC turns moments into memories. Founded in 2018 by Martha Santos, this interior design and event planning company specializes in cohesive and visually stunning events. What began as a teenage passion for decorating has blossomed into a successful business that’s redefining Greater Philadelphia’s events industry. Santos has a background in interior design
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February 5, 2025
Applications Open: 2025 PIDC-D’Alessio Scholarship
PIDC launched the D’Alessio Scholarship for Urban Development in 2018 when the organization marked its 60th anniversary, and in recognition of Walt D’Alessio’s decades of commitment and leadership at PIDC; his many years of service to Philadelphia’s business, civic, and governmental communities; and his support for people across the profession. This year, the scholarship carries
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January 28, 2025
New Annual Reporting Requirement for Pennsylvania Businesses
New Annual Reporting Requirements for Pennsylvania businesses went into effect on January 1, 2025, after the Commonwealth of Pennsylvania passed Act 122 in 2022. This Act requires Pennsylvania-based businesses and those registered to do business in Pennsylvania to file an Annual Report with the Pennsylvania Department of State. Who is required to file an Annual
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December 18, 2024
How to Set Impactful Business Goals for the New Year
The beginning of every year is a perfect time to reflect on the past and set a clear course for the future of your business. Whether you’re looking to scale up, refine your operations, or explore new markets or growth opportunities, goal setting is a foundation for success. Setting goals isn’t just creating a list
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December 17, 2024
Celebrating Success: PIDC Client Milestones in 2024
As we look back on 2024, we’re thrilled to celebrate the incredible achievements of our clients across Philadelphia. From expanding their operations to celebrating major anniversaries to launching groundbreaking initiatives, these businesses and entrepreneurs have exemplified innovation, resilience, and impact in our community. At PIDC, we’re proud to support business growth and success every step
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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
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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
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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
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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
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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
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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
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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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