About PIDC

PIDC is Philadelphia’s public-private economic development corporation. It is a nonprofit  joint venture between the City of Philadelphia and the Greater Philadelphia Chamber of Commerce, founded in 1958.  We offer flexible financing tools, a targeted portfolio of industrial and commercial real estate, and decades of Philadelphia-based knowledge to help our clients invest, develop, and grow. LEARN MORE


PIDC does not offer grants directly.  PIDC is the conduit for several city and state grants which are funded through other organizations such as Redevelopment Assistance Capital Program (RACP) Grant, Stormwater Management Incentives Program (SMIP) Grant, and Storefront Improvement Program.  Find out about how PIDC can assist with the application and administration of these grants.