March 6, 2014
by PIDCphila
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INTEREST RATES REDUCED TO ENCOURAGE SMALL BUSINESS AND MANUFACTURING GROWTH AND JOB CREATION

Continuing to advance his JOBS1st PA initiative, Governor Tom Corbett announced that he has directed the Department of Community and Economic Development to reduce the interest rates of three business loan programs to encourage small business and manufacturing growth and … Continue reading

October 4, 2013
by PIDCphila
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UPDATE ON MAYOR NUTTER’S MANUFACTURING TASK FORCE

In early 2013, Mayor Michael Nutter in partnership with Councilman Bobby Henon issued Executive Order 5-13 establishing the Mayor’s Manufacturing Task Force.

April 5, 2013
by PIDCphila
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GREATER PHILADELPHIA CHAMBER OF COMMERCE HOSTS ANNUAL REGION ON THE RISE EVENT

On April 3rd the Greater Philadelphia Chamber of Commerce held its annual Region on the Rise event at the Radisson Plaza-Warwick Hotel.

March 7, 2013
by PIDCphila
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GOLDMAN SACHS 10,000 SMALL BUSINESSES INITIATIVE

PIDC is a proud partner of Goldman Sachs 10,000 Small Businesses in Philadelphia. Goldman Sachs 10,000 Small Businesses is a $500 million initiative designed to help small businesses create jobs and economic growth by providing entrepreneurs with access to capital, … Continue reading

March 7, 2013
by PIDCphila
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NEW MARKET TAX CREDIT PROJECT OXFORD MILLS, WELL UNDER WAY

In October 2012, PIDC closed on a New Markets Tax Credit (NMTC) financing for the adaptive reuse of a former factory complex in the South Kensington neighborhood of Philadelphia.  Oxford Mills is a $37.8 million mixed-use project that will develop … Continue reading

March 7, 2013
by PIDCphila
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THE NAVY YARD – 2012 REVIEW AND 2013 PREVIEW

The Navy Yard had a very busy and successful 2012, including numerous groundbreaking and grand opening ceremonies, the launch of new shuttle services, and fun events like the first Lunch Truck Lineup. With 2013 well underway, The Navy Yard already … Continue reading

February 7, 2013
by PIDCphila
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PIDC 2012 YEAR-END REVIEW

Philadelphia’s economic strength lies in the diversity and innovation of its people, its institutions, and its business community. 

January 10, 2013
by PIDCphila
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PHILADELPHIA PARTNERSHIP RECEIVES GRANT FOR ADVANCED MANUFACTURING ACCELERATOR

This past October, a Philadelphia-based partnership led by the Delaware Valley Industrial Resource Center (DVIRC) with participation and support from PIDC was successfully awarded a $1,892,000 grant from the federal government for the creation of an Advanced Manufacturing Accelerator focused … Continue reading