Business Resources

Financing and incentives from government and non-profit organizations are available to companies looking to move, expand or grow jobs in Philadelphia.

Financing

PIDC Programs

  • Business Loans
    PIDC has an array of financing products available for qualifying businesses and non-profits looking to expand in Philadelphia. To learn more, click here
  • Project Development Finance
    For developers and others seeking funding to start or finish a project in Philadelphia, PIDC provides a range of adaptable financing solutions. To learn more, click here.
  • Tax Advantaged Financing
    PIDC can structure a variety of tax-advantaged financing to fund development projects. To learn more, click here.
  • Grants Administration
    PIDC administers several Federal, State, and City grant programs. To learn more about the application and administration process of these grants, click here.
     

State Programs

  • Pennsylvania Department of Community & Economic Development
    The Commonwealth of Pennsylvania offers a variety of financing, grants and incentives for businesses starting-up or relocating to Pennsylvania. To search through the various programs available, click here.
  • Benjamin Franklin Technology Partners of Southeastern Pennsylvania
    This organization provides access to capital, knowledge and networks that foster innovation, growth and success for both early-stage and established companies in Southeastern Pennsylvania. To learn more, click here.
     

Federal Programs

  • Small Business Administration (SBA) Loans
    The federal government offers a number of loans for small businesses through the SBA or private-sector lenders. To learn more, click here.
     

Alternative Programs and Microlending

Incentives

  • Jump Start Philly
    This City of Philadelphia initiative exempts qualifying new businesses from paying the Business Income and Receipts Tax (BIRT) during the first two years of operation. To learn more, click here.
  • Job Creation Tax Credits
    These incentives are available at the City level.
  • Keystone Innovation Zones (KIZs)
    This initiative from the Commonwealth of Pennsylvania offers salable tax credits to qualifying companies in targeted life science and technology sectors within special geographic districts. A large area of Center City is included within the University City KIZ. To learn more and see a map of the geographic boundaries, click here.
  • Workforce Development Grants
    Philadelphia Works invests federal funds to provide on-the-job classroom training for the prospective employees of qualifying companies. To learn more, click here.
     

Resources