PIDC BLOG

Hospitality

April 4, 2025

Hops & Stops: Take a Tour of PIDC-Supported Breweries

Philadelphia’s craft beer scene is thriving, and many of the city’s standout breweries have something in common—they’ve received support from PIDC. Whether through financing to help them grow, property to help them expand capacity, or grants to get them through challenging times, we’re here to help them navigate Philadelphia’s business landscape. Hops & Stops is

Read More

March 28, 2025

An Updated Vision for the Lower Schuylkill Innovation Campus

Historical Context The Lower Schuylkill area of Philadelphia boasts a rich industrial heritage, serving as a vital economic artery for the city. In 2013, the City of Philadelphia introduced a comprehensive master plan to revitalize this 3,700-acre corridor, aiming to transform it into a vibrant, 21st-century industrial campus featuring a diverse array of businesses and

Read More

March 25, 2025

PIDC Kicks Off Yearlong Celebration of 25 Years of Successful Redevelopment at the Navy Yard

On March 20, PIDC hosted a press event to kick off the yearlong celebration marking 25 years of successful redevelopment at the Navy Yard. City officials, key partners, board members, PIDC alumni, and more gathered to reflect on the history of the Navy Yard and hear PIDC’s Vision for making it Philadelphia’s newest neighborhood. The

Read More

Client Stories

March 24, 2025

How Fireball Printing Grew Its Business and Impact in Philadelphia

If you’ve ever bought a perfect art print, been inspired by sharp signage, or flipped through a printed brochure, you know the power of high-quality printing. At Fireball Printing, it’s about more than just ink and paper—it’s about transforming ideas into lasting impressions. Started by Catherine Dentino and Paul Yavarone Jr. in 2008, Fireball Printing

Read More

SHOP PHL

March 21, 2025

Shop PHL: Women-owned Businesses

Are you looking to plan your next shopping trip, lunch outing, or your next woman-owned business in Philadelphia to support? PIDC is proud to share a sampling of our women-owned business clients helping power our city’s economy. This Women’s History Month, we encourage you to support, celebrate and shop local from the women who are

Read More

Press Release

March 18, 2025

PIDC Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2025

For Immediate Release: March 18, 2025 Contact: Kevin Lessard, PIDCSVP, Marketing Communications & Government Affairs215.496.8161KLessard@PIDCphila.com PHILADELPHIA —PIDC, Philadelphia’s public-private economic development corporation is proud to have been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2025, earning the #7 spot in the Economic Development category. This year’s list shines a

Read More

Team Members

March 17, 2025

Celebrating the Women of PIDC Who Drive Growth and Impact Across Philadelphia

At PIDC, the women who drive our mission forward are more than just professionals—they are leaders, innovators, teachers, and more. This Women’s History Month, we want to highlight them and their commitment to economic development, community impact, and business growth. We are extremely proud of the award-winning work that the women of PIDC do everyday.

Read More

March 11, 2025

Navigating Credit: PIDC Breaks Down Credit Basics

If you’ve ever felt overwhelmed by the world of credit, you are not alone. Credit isn’t just a number; it’s a key to building a strong financial future. Whether you’re planning to buy a car, secure a business loan, or simply manage your finances more effectively, understanding credit is essential. March is Credit Education Month,

Read More

Business Tips & Resources

March 4, 2025

What Is An Aeris® Rating & Why Is It Important for Borrowers?

When searching for a lender, business owners should  make sure they’re working with a well-managed and financially stable institution. An Aeris® Rating can provide insight into the trustworthiness of a lending organization. What is an Aeris® Rating?Aeris® Ratings are independent financial assessments used to evaluate the performance of Community Development Financial Institutions (CDFIs). These evaluations

Read More

Client Stories

February 24, 2025

Called to Serve Breaks Ground on the Reverend Leon H. Sullivan Community Impact Center with Help from PIDC

Called to Serve (CTS) recently celebrated the groundbreaking of the Reverend Leon H. Sullivan Community Impact Center with an event featuring remarks from PIDC, government officials, and the project development team. They highlighted how this transformative project builds on past achievements and sets a vision for the future of the community.  Established in 2014 by

Read More

Team Members

February 19, 2025

Sending Love to Our PIDC Clients

At PIDC, we believe in reflecting on the relationships that matter most—both personally and professionally and we want to express our heartfelt appreciation to our clients. Whether you’ve attended one of our Business Builder workshops in English or Spanish, worked with our real estate team to find the perfect location for your business, or have

Read More

PhiDEL

February 18, 2025

PIDC Expands Commitment to Future Economic Development Leaders with Launch of New PhiDEL Scholarship

For Immediate Release: February 18, 2025 Contact: Kevin Lessard, PIDCSVP, Marketing Communications & Government Affairs215.496.8161KLessard@PIDCphila.com PHILADELPHIA — Today, PIDC—Philadelphia’s public-private economic development corporation—is proud to announce the launch of the Philadelphia Diverse Emerging Leaders (PhiDEL) Scholarship and Internship Program. This new initiative builds on PIDC’s long-standing commitment to fostering the next generation of economic development

Read More

Client Stories

February 11, 2025

Elevating Every Occasion—How Martha Santos Makes Events Shine

M Santos Interiors LLC turns moments into memories. Founded in 2018 by Martha Santos, this interior design and event planning company specializes in cohesive and visually stunning events. What began as a teenage passion for decorating has blossomed into a successful business that’s redefining Greater Philadelphia’s events industry.   Santos has a background in interior design

Read More

D'Alessio Scholarship

February 5, 2025

Applications Open: 2025 PIDC-D’Alessio Scholarship

PIDC launched the D’Alessio Scholarship for Urban Development in 2018 when the organization marked its 60th anniversary, and in recognition of Walt D’Alessio’s decades of commitment and leadership at PIDC; his many years of service to Philadelphia’s business, civic, and governmental communities; and his support for people across the profession. This year, the scholarship carries

Read More

Business Tips & Resources

January 28, 2025

New Annual Reporting Requirement for Pennsylvania Businesses

New Annual Reporting Requirements for Pennsylvania businesses went into effect on January 1, 2025, after the Commonwealth of Pennsylvania passed Act 122 in 2022. This Act requires Pennsylvania-based businesses and those registered to do business in Pennsylvania to file an Annual Report with the Pennsylvania Department of State.  Who is required to file an Annual

Read More

Business Tips & Resources

December 18, 2024

How to Set Impactful Business Goals for the New Year

The beginning of every year is a perfect time to reflect on the past and set a clear course for the future of your business. Whether you’re looking to scale up, refine your operations, or explore new markets or growth opportunities, goal setting is a foundation for success. Setting goals isn’t just creating a list

Read More

Client Stories

December 17, 2024

Celebrating Success: PIDC Client Milestones in 2024

As we look back on 2024, we’re thrilled to celebrate the incredible achievements of our clients across Philadelphia. From expanding their operations to celebrating major anniversaries to launching groundbreaking initiatives, these businesses and entrepreneurs have exemplified innovation, resilience, and impact in our community. At PIDC, we’re proud to support business growth and success every step

Read More

Business Tips & Resources

November 21, 2024

10 Ways to Support Small Businesses in Philadelphia This Holiday Season

Supporting small businesses during the holiday season is one of the best ways to give back to your community and find unique, heartfelt gifts that stand out. When you shop local, you’re investing in your own neighborhood and helping local entrepreneurs thrive, while supporting countless local jobs. PIDC knows how important our local small businesses

Read More