We are Philadelphia’s public-private economic development corporation. Our mission is to spur investment, support business growth, and foster developments that create jobs, revitalize neighborhoods, and drive growth to every corner of Philadelphia. Armed with flexible financing products, a targeted portfolio of industrial and commercial real estate, and decades of Philadelphia-based knowledge, PIDC provides the resources and expertise to help you invest, develop, and grow.

Business Builder Loans Overview

Project Development Loans Overview

Programs Summary

PIDC Website

 

Impact Loan Fund

With loan terms up to 7 years and rates as low as 3%, Impact Loans can help you expand your business. Whether you need to upgrade your equipment, improve your buildings or purchase more inventory, we are there to provide competitive financing to bring your business improvement ideas to life. We proudly serve Greater Kensington, Port Richmond, Frankford, Bridesburg and neighboring areas.

Impact Loan Fund Info & Map

For more information on Impact Loan Fund, contact Caitlin Rozman at
Impact Services Corporation at 215-739-1600 ext. 137, or email to
CRozman@impactservices.org

 

Business Security Camera Program

Program Description - The purpose of the Business Security Camera Programis to encourage businesses and property owners within the City of Philadelphia to install surveillance cameras, making areas safer for shoppers and the community while growing their vitality and economic performance. The program awards up to 50% of the total cost of eligible improvements. The camera security system must be installed on the outside of your building providing surveillance for your business and the public space.

Eligible Applicants - Applicants must be one of the following:
• The owner of a commercially occupied property. (Unoccupied properties may be considered but must
be occupied or have a signed lease agreement with acommercial tenant to receive reimbursement).
• An operating tenant business with approval of the property owner.
• An established business association or community based organization.
All applicants must be operating legally, properly registered, licensed with the City of Philadelphia and current with all City obligations, including but not limited to taxes, licenses, water revenue billings, as well as Business/Neighborhood Improvement District assessments, if applicable.

Camera Program Guidelines

Camera Program Application Form

Camera Program FAQ

For more information, contact:

Storefront Improvement Program

Program Description - The purpose of the Storefront Improvement Program is to encourage businesses and property owners within eligible neighborhood commercial corridors (see attached list) to improve their storefronts, making these areas more attractive to shoppers and growing their vitality and economic performance. The program reimburses owners of commercial buildings and businesses up to 75% of the total cost of eligible improvements, for a maximum reimbursement of $10,000 for a single commercial property or $15,000 for a multiple address or corner business property.

Storefront Improvement Program Guidelines & Application