Welcome Fund (EB-5)
CAPITAL YOU NEED TO GROW
The Welcome Fund (EB-5) Loan provides low-interest senior or subordinate financing for large-scale, job-creating projects in Philadelphia by leveraging immigrant investment.
The federal EB-5 program provides an opportunity for prospective immigrants to invest in U.S.-based commercial enterprises, qualifying the investors for residency status. The program is under the oversight of the United States Citizenship and Immigration Services (USCIS), which has approved PIDC and CanAm Enterprises to serve as a Regional Center for Philadelphia.
CONNECT WITH US
PIDC has financing resources to serve the unique needs of businesses, nonprofits, and real estate developers, including those that are BIPOC (Black, Indigenous, and people of color)-, women-, veteran-, immigrant-, disabled-, and LGBTQ+ owned and operated.
Find out how we can connect you to the capital or information you need to grow.
WHO WE FUND
Ideal sponsors for The Welcome Fund (EB-5) are strong government entities, corporations, or institutions. Projects must be located in a qualifying location and must be determined to meet job creation requirements.
WHAT WE FUND
- New Construction
- Building Renovations
- Tenant Improvements
- Machinery and Equipment
- Working Capital
HOW WE WORK
The first step in the PIDC EB-5 process is to submit an inquiry to PIDC online.
You will provide initial information about your project through our website, and a member of our team will contact you directly to discuss your loan request.
If there is a good fit with Philadelphia’s Welcome Fund, you will complete a full application and proceed through a thorough underwriting and due diligence process in partnership with CanAm Enterprises. CanAm Enterprises works to raise immigrant investment for projects once a commitment letter is issued. The PIDC and CanAm teams will work with you and answer your questions in each step of the process.
If at any point in the process PIDC is not the right match for your financing request, our team will direct you to partners that may be able to support you with access to capital.
LEARN MORE ABOUT THE EB-5 PROGRAM
EXPLORE EB-5 PROJECTS
CONNECT WITH US
PIDC invests flexible, affordable capital in growing companies because we know that local businesses create jobs, build wealth for entrepreneurs, and support neighborhood growth. Let us help your business grow