PIDC

The Federal Reserve's 2026 Small Business Credit Survey is now open, and we are a partner in this effort.

Owners and key financial decisionmakers of for-profit businesses, share your recent experiences about what financial conditions you face, whether and how you use debt, and more. Your perspective matters. Answers to these questions contribute to data that directly inform the Fed, federal government agencies, service providers, policymakers, and others—a public good ultimately benefiting your business and others like yours.

Take the 12-minute survey now. Survey closes November 13th⬇️
https://www.greaterphlgrowth.com/sbcs

This , PIDC brought Philadelphia’s Hispanic and Latino business community together for the second annual Elevate & Connect: A Resource Night Celebrating Hispanic Heritage Month.

The event connected business owners with organizations offering financing, technical assistance, real estate services, and other resources to support business growth, while creating opportunities to build meaningful relationships and strengthen Philadelphia’s network of support.

Thank you to our partners, Greenline Access Capital, TD Bank, Rehobot Real Estate, GG CPA Services, Dominican American Chamber of Commerce, Philadelphia Department of Commerce, El Mole Poblano, Sylvia’s Bakery, and M Santos Interiors for helping make this event possible and creating opportunities for connection and collaboration.

Read more about the event⬇️

PIDC Celebrates Hispanic Heritage Month with Second Annual Elevate & Connect Business Resource Night - PIDC At PIDC, our mission is to help businesses and communities grow. That means connecting Philadelphia businesses with the financing, real estate opportunities, technical assistance, and other resources they need to turn ideas into action and take their next steps. Each year, from September 15 through....

🍂Happy First Day of Fall, Philly! Today marks the official start of the best season in the city. The air is getting crisp, the leaves are starting to turn, and every single neighborhood is about to bring that cozy warmth you can only find in Philadelphia.

Whether you’re a lifelong local or just stopping through, there is truly no better time to explore.

To help you kick off autumn the right way, we’ve curated the perfect Philly fall day! Check out our guide for cozy stops at our incredible PIDC clients, local flavors, and stunning scenic views you won’t want to miss ⬇️
https://pidcphila.com/blog/pidcs-perfect-fall-day/

Join us in congratulating two incredible members of the PIDC team on their work anniversaries: Markell, our Administrative Receptionist and Coordinator, and Darcela, Assistant General Manager, Navy Yard Electric Utility!

From keeping things running smoothly and making everyone feel welcome to helping power The Navy Yard, Markell and Darcela each play an important role in the work we do across Philadelphia.

We’re grateful for your dedication, expertise, and everything you bring to PIDC. Congratulations, Markell and Darcela!

Black-owned businesses are creating opportunity across Philadelphia. But for businesses ready to grow, access to capital can make all the difference.

A new guest commentary in The Philadelphia Citizen explores what it takes to help Black entrepreneurs move from growth to long-term sustainability, including the importance of flexible financing, business guidance and strong connections.

PIDC is proud to be part of that ecosystem, providing flexible, localized lending to Philadelphia businesses and helping entrepreneurs access the capital they need to grow.

Read the full article⬇️

Guest Commentary: Philly Black Entrepreneurs, Bet on Growth Two eminent African American business leaders on positioning Black-owned Philadelphia businesses for greater success

🎉45 YEARS AT PIDC!

Maryann McCann has been part of PIDC’s story for 45 years, and she’s had a front-row seat to Philadelphia’s transformation along the way.

Maryann joined PIDC in 1981 and has spent the past four and a half decades growing her career, taking on new roles, and contributing to some of Philadelphia’s most significant development projects.

Join us in celebrating an incredible milestone and an incredible career. Congratulations, Maryann, on 45 years at PIDC!

Read more about her career, the projects she’s worked on, and what she’s learned along the way⬇️
https://pidcphila.com/blog/45-years-at-pidc-maryann-mccanns-front-row-seat-to-philadelphias-growth/

Small-business owners: “no tax on tips” isn’t quite as simple as it sounds.

A new federal deduction allows eligible tipped workers to deduct up to $25,000 in tipped income from their federal taxable income—but there are important rules employers need to understand.

From distinguishing voluntary tips from mandatory service charges to properly tracking and reporting tips, employers have an important role to play.

Read more from The Philadelphia Inquirer⬇️
https://www.inquirer.com/business/small-business/tax-deduction-tipped-workers-gratuity-20260902.html

Philly Business owners, what's next for your business?

Opening a new storefront? Expanding? Investing in your business? The right resources can help you get there.

Join PIDC during MED Week, presented by the Office of Economic Opportunity, for “Unlock Flexible Capital & Resources for Your Business” on Wednesday, October 7.

Hear from Lawrence McComie, SVP & Chief Credit Officer of Financial Services at PIDC, during a fireside chat hosted by Camille Simpkins and Steven McAlpine.

Get the information you need to better understand your options for:
💰 Financing & capital
🏢 Real estate services
And more!

Don’t miss this opportunity to learn more about the capital, resources, and support available to help your business grow.

📅 October 7
🔗 Register today: https://pidcphila.com/events/

Unlock Flexible Capital &Resources for Your Business - PIDC Event Details Event Date Oct 07 Event Time 2:00 pm — 4:00 pm Location 4747 S Broad St Building 101, Suite 120, Philadelphia, PA 19112 Join PIDC on October 7th for a special MED Week workshop to learn about the financing products and services available to help Philadelphia businesses grow and achie...