Three Years of COVID-19: How PIDC Responded & How Our Clients Succeeded

March 10, 2023 marks three years since Philadelphia confirmed its first case of COVID-19. Philadelphians and people around the globe faced an unprecedented situation with devastating impacts on our health and our economy.  We at PIDC have been on the front line of the economic side of this crisis, acting with urgency and empathy to

Jodie Harris Named Next President of PIDC

CONTACTS: Kevin Lessard, Liz Ferry, Chamber of Sarah Peterson, City of Harris, who currently leads the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund), will be the 12th chief executive and the first African American woman to serve in the role in PIDC’s 65-year history. PHILADELPHIA (February 23,

PIDC Clients You Need to Know in 2023 – Black Business Owners

Honoring the legacy and great contributions of Black-owned businesses in Philadelphia, this Black History Month and beyond, we’re highlighting a few of our awesome PIDC clients. We’re proud to support local, diverse businesses through funding, workshops, and other services for business growth. Check out their success stories and what they consider the most rewarding part

Apply Now for Working Capital to Fund Rebuild Contracts

One major hurdle for small but growing contractors is maintaining a positive cash flow to fund upfront project costs and payroll, especially as they take on bigger projects and grow their operations. Larger contracts can have payment terms of up to 60, 90, or 120 days, which may not work for smaller businesses experiencing a

Introducing Our New PIDC Board Members

We are thrilled to welcome three new members to our PIDC Board of Directors. Meet our new members, Miguel Alban of Multicultural Banking Group, Jovan Goldstein of JT Goldstein, LLC, and Thomas A. K. Queenan of Mission First Housing Group. MIGUEL ALBAN Senior Vice President & National DirectorMulticultural Banking Group, Customers Bank Miguel Alban is

Meet PIDC’s New Team Members – Winter 2023

PIDC continues to grow, drawing from Philadelphia’s top talent. We recently hired an excellent group of hardworking, talented, and experienced employees in various fields. It is our pleasure to introduce you to our new additions to the PIDC team! Alicia Santiago Wallkill, NYNavy Yard Analyst & Project Manager What role will you play in helping

Shop PHL: New Year, New You

Whether you want to do home improvements, get in shape, implement healthier eating habits, grow your business, or improve your finances, there’s a local business for that, so we rounded up various PIDC client businesses that can help you jumpstart your new year goals. Use this new year as new motivation to support small businesses.

Applications Open: 2023 PIDC-D’Alessio Scholarship

Walt D’Alessio committed more than 46 years to PIDC as its chief executive and Chairman. He embodies the core principles of the PIDC partnership—dedication, integrity, and an unwavering commitment to supporting growth throughout Philadelphia.  As part of PIDC’s 60th Anniversary in 2018, and in recognition of Walt’s decades of commitment and leadership at PIDC; his

PIDC Celebrates Employee Milestones for Q4 of 2022

All of our employees are such a significant part of our team and we couldn’t imagine our workplace without them. Recently, a few of our employees reached their anniversary milestones and/or received a promotion. Please join us in congratulating them on their achievements.  Our employees have all worked hard for their accomplishments and we truly

2022 PIDC Highlights

It was another high-impact year for the PIDC team!  We continued to focus on our strategic priorities, including our leadership role in Philadelphia’s inclusive and equitable economic recovery from the impacts of the COVID-19 pandemic. With a strong foundation and 64-year track record, last year, PIDC identified the need to build upon the organization’s recent