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PIDC We are Philadelphia’s public-private economic development corporation. We are Philadelphia’s public-private economic development corporation.

We provide financing and real estate products to businesses, nonprofits, and developers in all neighborhoods of Philadelphia. PIDC is a nonprofit organization founded by the City of Philadelphia and the Chamber of Commerce for Greater Philadelphia in 1958. MISSION & VALUES
Our mission is to grow a global economy through inclusive economic development that ultimately achieves a high quality of life for all who live and work in Philadelphia. PIDC works with companies of all sizes driving growth to every corner of Philadelphia. We work on projects that are big and small with businesses, developers, and nonprofits in every sector. PIDC is committed to driving transformative growth for Philadelphians with a human-centered approach by directing our financial and real estate services, knowledge, and networks toward creating a vibrant and sustainable Philadelphia. To achieve this mission, PIDC focuses on five areas:

CAPACITY: Create and sustain internal capacity and external partnerships to scale the availability and breadth of economic development resources and solutions to clients. CAPITAL ACCESS AND SERVICES: Expand financing and business support services to benefit under-resourced communities and marginalized populations. LAND USE: Catalyze development of projects that create quality jobs, advance equity, and promote sustainability. KNOWLEDGE & NETWORKS: Share knowledge and networks to respond to client, partner, and market needs. EMPLOYEE WELL-BEING: Elevate the physical, mental, and financial well-being of PIDC employees and provide opportunity for each to thrive and grow professionally. Learn more at www.pidcphila.com

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 bui...
10/16/2026

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.

PIDC is breaking down credit basics so you can unlock economic opportunities and take charge of your financial future⬇️
https://pidcphila.com/blog/navigating-credit-pidc-breaks-down-credit-basics/

Ready to take your business to the next level?Join PIDC and Community College of Philadelphia for a live information ses...
10/15/2026

Ready to take your business to the next level?

Join PIDC and Community College of Philadelphia for a live information session to learn about Power Up Your Business, a 12-week program that helps entrepreneurs strengthen and grow their businesses.

Through this peer-based learning program, participants will:
✅ Gain practical skills you can immediately apply
✅ Develop a clear business improvement plan
✅ Learn key foundations of small business management
✅ Receive expert guidance in marketing, finance, HR, operations, legal, and more
✅ Get coaching support from experienced business and financial coaches

The Power Up Your Business program, offered by Community College of Philadelphia, has helped nearly 400 small businesses grow revenue and jobs over the past six years and supported 1,000+ businesses with counseling and resources.

Join us on October 22 @ 10 am to learn more and get your questions answered.

Don’t miss this opportunity to invest in your business growth.



https://pidcphila.com/events

It may be hard to believe,  but the holiday season is right around the corner❄️🎁If you haven’t already, it’s time to sta...
10/15/2026

It may be hard to believe, but the holiday season is right around the corner❄️🎁

If you haven’t already, it’s time to start preparing your small business for the busiest shopping season of the year. The holidays offer you the chance to boost sales, attract new customers, and strengthen your business’s ties to your community. Having a solid plan in place is key to maximizing your success during the season of giving.

Check out this comprehensive guide to preparing your small business for the holidays, and make this holiday season your most successful yet⬇️
https://pidcphila.com/blog/mastering-the-holiday-hustle-tips-to-make-your-philadelphia-small-business-shine-this-season/

As autumn settles in and the city comes alive with color, now is the perfect season to discover some of Philadelphia’s c...
10/14/2026

As autumn settles in and the city comes alive with color, now is the perfect season to discover some of Philadelphia’s coolest breweries🍂🍻

Introducing Hops & Stops, your go-to guide for exploring the cozy neighborhood taprooms, craft b**r creators, and cutting-edge production breweries pouring passion into every pint. Check it out⬇️
https://pidcphila.com/blog/hops-stops-take-a-tour-of-pidc-supported-breweries/

We had a great day out in Olney with the Olney Community Collaborative (OCC)!Heather, Evelyn, and Steven  from our Lendi...
10/13/2026

We had a great day out in Olney with the Olney Community Collaborative (OCC)!

Heather, Evelyn, and Steven from our Lending Team recently joined OCC for a corridor tour, visiting six local businesses and hearing directly from owners about their growth plans and what they need to take the next step. Our team shared how PIDC financing and other resources can help owners move forward. Plus, they got to sample some delicious ribs from Ribs R Us!

Getting out into the community and having these conversations gives us a better understanding of what business owners are experiencing on the ground and how PIDC can be a meaningful partner in their growth.

Thanks to OCC and the business owners who welcomed us into their spaces!

Do your hourly employees split their time between home, the office, and client sites? Recent updates from the U.S. Depar...
10/12/2026

Do your hourly employees split their time between home, the office, and client sites? Recent updates from the U.S. Department of Labor clarify when the workday begins and what travel is compensable, and your business could be impacted.

Check out this recent article from the Philadelphia Inquirer and make sure you're compliant⬇️

Hybrid work arrangements have created more questions around what travel counts as work time, Gene Marks writes.

Small business owners: Share your experiences in the Federal Reserve's 2026 Small Business Credit Survey. Your voice mat...
10/09/2026

Small business owners: Share your experiences in the Federal Reserve's 2026 Small Business Credit Survey. Your voice matters. Survey closes 11/13⬇️
https://www.greaterphlgrowth.com/sbcs

It’s been a busy MED Week! Yesterday, we hosted “Unlock Flexible Capital & Resources for Your Business,” a workshop conn...
10/08/2026

It’s been a busy MED Week! Yesterday, we hosted “Unlock Flexible Capital & Resources for Your Business,” a workshop connecting Philadelphia business owners with the financing and resources they need to grow.

Camille Simpkins and Steven McAlpine joined Lawrence McComie, PIDC’s Senior Vice President & Chief Credit Officer, Financial Services, to walk through PIDC’s financing options, the loan application process, and what to expect after applying.

We’re proud to be part of a week of workshops and events across Philadelphia helping local businesses connect with the resources and support they need to thrive.

Yesterday, PIDC joined the City of Philadelphia Government's Office of Economic Opportunity for the MED Week Kickoff Bre...
10/06/2026

Yesterday, PIDC joined the City of Philadelphia Government's Office of Economic Opportunity for the MED Week Kickoff Breakfast and Awards Ceremony at the National Constitution Center.

We connected with business owners, shared resources, and celebrated the businesses and leaders helping move Philadelphia’s economy forward.

Our team will be at MED Week events across the city all week, and we’re looking forward to connecting with partners and bringing our city's business owners the resources they need to thrive!

Address

1500 Market Street, Ste 3500 West
Philadelphia, PA
19102

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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