PIDC

07/17/2026

Please join us in welcoming the newest members of Team PIDC👋🎉

We’re excited to welcome several talented new team members, each bringing unique experience, fresh perspectives, and a shared passion for supporting Philadelphia’s businesses, neighborhoods, and communities.

From advancing economic development initiatives to helping strengthen the resources we provide to our partners, we’re thrilled to have them on board and can’t wait to see the impact they’ll make.

Get to know our newest colleagues⬇️
https://pidcphila.com/blog/meet-pidcs-new-team-members-summer-2026/

07/15/2026

Today, JPMorganChase announced a major investment in Philadelphia's future, and we're proud that PIDC and the The Navy Yard are a part of it.

Through a $6.5 million investment in our Community Development Financial Institution (CDFI), PIDC Community Capital will be able to expand access to the flexible financing that helps businesses in the maritime, defense and manufacturing sectors grow, innovate, and create quality jobs. It's an investment in the businesses that will shape the next chapter of Philadelphia's shipbuilding industry.

Just as important, this investment recognizes that a thriving industry depends on a strong workforce. Alongside support for PIDC Community Capital, a $2 million grant to The Skills Initiative will build on our long-standing partnership to expand workforce development efforts supporting Hanwha Philly Shipyard and other local employers, helping connect more Philadelphians to in-demand careers with family-sustaining wages.

For decades, the Navy Yard has been a place where industry evolves and opportunity grows. This investment helps ensure that momentum continues by supporting both the companies driving innovation and the people powering their success.

We're grateful to JPMorganChase, the City of Philadelphia Government, and all our partners for investing in a stronger, more competitive economy for Philadelphia.

Learn more⬇️
https://www.jpmorganchase.com/newsroom/press-releases/2026/24-million-strengthening-shipbuilding-philadelphia

07/14/2026

The Philly cheesesteak just landed at #5 on a recent World Cup food guide—ranking ahead of both New York pizza and the Boston lobster roll. We can't say we're surprised😏

As the world descends on North America for the FIFA World Cup, Philadelphia's signature sandwich is getting the recognition locals have been giving it for decades.

With millions of visitors exploring host cities, Philadelphia's restaurants and small businesses are showing the world what makes our food scene one of a kind.

Read more from Philadelphia Inquirer⬇️

The study placed the Philly cheesesteak at number five, outranking New York pizza by a long shot.

07/13/2026

📣Philadelphia small businesses: a new funding opportunity is available to support your growth!

The Pennsylvania CDFI Network’s Microgrants Program is now accepting applications through August 10, 2026, offering grants of up to $20,000 to help Historically Disadvantaged Businesses across Pennsylvania access capital and invest in their future.

Eligible Philadelphia businesses may qualify for funding to support growth, including businesses that:
✅ Generated less than $1 million in revenue in 2025
✅ Were established within the past 24 months
✅ Are located in underserved communities
✅ Are current or former clients of participating CDFIs

The application takes approximately 15 minutes to complete. Learn more and apply⬇️
https://pacdfinetwork.org/basc-microgrants-program/

07/10/2026

What does a year of impact look like at PIDC?

In 2025, we helped entrepreneurs grow, supported small businesses, advanced transformative development projects, and invested in opportunities that strengthen Philadelphia’s economy and neighborhoods.

From business financing and support services to major real estate developments and community investments, our 2025 Annual Review tells the full story of how we’re working to create jobs, drive growth, and build a stronger Philadelphia.

Read the full 2025 Annual Review⬇️
https://pidcphila.com/blog/pidcs-2025-annual-review-delivering-real-results-for-philadelphia/

07/09/2026

You've spent years building your business—but have you planned for what comes next?

Whether you're thinking about retirement, passing your business to a family member, selling to a trusted employee, or exploring other options, a succession plan can help protect the legacy you've worked so hard to create.

Key succession planning strategies for Philadelphia small business owners including:
✅Choosing an exit strategy
✅Valuing your business
✅Preparing the next generation of leadership
✅Creating a smooth transition plan

Planning ahead today can help your business thrive for years to come. Read more⬇️

Philadelphia’s small businesses are the backbone of the city’s economy, providing jobs, contributing to local culture, and driving community development. However, as business owners approach retirement or consider stepping away from their day-to-day roles, the question of what comes next becomes...

07/08/2026

Rising energy costs don’t have to mean unpredictable budgets.

Join the Philadelphia Energy Authority’s Solarize Greater Philadelphia Commercial Presentation at Ludington Library, Bryn Mawr on July 20th at 5pm to learn how commercial solar can help your organization reduce long-term energy expenses, stabilize operating costs, and build a more resilient future.

Designed for for-profit and nonprofit building owners, this webinar will walk you through the Solarize program’s streamlined, end-to-end process—from assessing your property’s solar potential to navigating RFPs, financing options, and installation.

Whether you're just starting to explore solar or ready to move forward, Solarize offers a one-stop resource to help simplify the process.

Plus, there will be plenty of time for Q&A with the experts. Refreshments will be available. Register now⬇️
https://www.eventbrite.com/e/solar-energy-support-for-greater-philadelphia-nonprofits-businesses-tickets-1991702120658

Welcome! You are invited to join a meeting: SGP webinar. After registering, you will receive a confirmation email about joining the meeting.

07/06/2026

Introducing this year’s main character: Our Annual Review.

A year’s worth of impact deserves a dramatic reveal. Whether you’ve partnered with us, followed our work, or are just getting to know PIDC, we invite you to take a look at this year’s Annual Review. Visit the link in our bio to read the full report and see what we’ve been up to over the past year.