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Financing and incentives from government and non-profit organizations are available to companies looking to move, expand or grow jobs in Philadelphia.
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.
PIDC administers several Federal, State, and City grant programs. To learn more about the application and administration process of these grants, click here.
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.
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.
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.