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

Succession Planning Strategies for Philadelphia Small Business Owners

Philadelphia’s small businesses are the backbone of the city’s economy, providing jobs, contributing to local culture, and driving community development. However, as business owners approach retirement or consider stepping away from their day-to-day roles, the question of what comes next becomes critical. Without a clear succession plan, even the most successful business can face challenges

Shop PHL: Black-Owned Businesses

Shopping at Black-owned businesses is a powerful way to support economic equality in your own neighborhood. Approximately 40 percent of Philadelphians are Black or African American, according to the 2020 census, yet they only account for 5.4 percent of businesses in the city. At PIDC, we’re continually working with our partners to increase that number

How to register as a minority-, woman-, or disabled-owned business in Philadelphia

Obtaining your certifications as a woman, minority, or disabled business enterprise (M/W/DSBE) can help grow your business and open new opportunities including government contracts, procurement programs, and networking opportunities. PIDC supports entrepreneurs and fosters a community that benefits Philadelphians from all backgrounds. That’s why we put together this guide to help you understand and navigate

11 Low-Cost Marketing Ideas for Small Business Owners

Marketing is critical to the success of your small business. It is often a prospective customer’s first impression and helps your business build awareness, attract customers, and drive sales. Effective marketing allows you to contend with competitors by establishing a strong brand and displaying what makes you unique. Small business owners often neglect marketing because

Remembering Walt D’Alessio: A Legacy of Vision, Dedication and Partnership

Updated 8/29/24 Celebrate the wonderful life of Walter D’Alessio. A memorial service honoring the life, legacy, and impact of Walt will take place on September 26th at 4pm. More information can be found here. Dear PIDC Stakeholders, It is with a heavy heart that we share the sad news of the passing of Walter D’Alessio,

Get to Know IBA, Philadelphia’s LGBTQ+ Chamber of Commerce

The population of LGBTQ+-owned businesses and organizations in the Greater Philadelphia area continues to grow, and resources for businesses and organizations are needed more than ever. PIDC partner Independence Business Alliance (IBA) serves as Philadelphia’s LGBTQ+ business resource hub, helping bring to life the dreams and aspirations of entrepreneurs in the LGBTQ+ community.  We asked

Elevating PIDC’s Queer Employees & Allies During Pride Month

June is Pride Month, a celebration and commemoration of lesbian, gay, bisexual, transgender, and queer pride. PIDC is committed to fostering a workplace culture where diverse talent can flourish and employees, regardless of background, identity, or circumstance, feel valued, accepted, and supported to succeed at work. With a team that mirrors the city we support,

Shop PHL: LGBTQ-owned

Looking for ways to celebrate and support the LGBTQ+ community in Philadelphia? One of the best ways to do that is by shopping at LGBTQ-owned businesses. By choosing to support LGBTQ+-owned businesses, you are contributing to a more equitable and vibrant city.  PIDC is proud to highlight some of our clients offering products and services

Driving Growth Throughout Philadelphia: PIDC’s 2023 Annual Review

We’re pleased to present PIDC’s 2023 Annual Review, highlighting our commitment to driving economic growth and fostering equitable development across Philadelphia last year. Despite the challenges posed by the global landscape, we have remained resilient, adaptive, and proactive in our efforts to support small businesses, spur real estate developments, facilitate lending, and administer grants for