Regional Center was viewed 4405 times (total).
Philadelphia Industrial Development Corporation (PIDC) Regional Center
PIDC, Philadelphia's public-private economic development corporation, in conjunction with CanAm Enterprises, LLC, prepared and submitted an application to have the County of Philadelphia designated as a Regional Center under the U.S. immigrant investor program.
PIDC is Philadelphia's public-private economic development corporation founded by the City of Philadelphia and the Greater Philadelphia Chamber of Commerce in 1958. 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. To achieve this mission PIDC attracts, manages, and invests public and private resources in the clients, communities, and markets that energize Philadelphia’s economy.
We offer flexible financing tools, a targeted portfolio of industrial and commercial real estate, and decades of Philadelphia-based knowledge to help our clients invest, develop, and grow. We also structure and invest in public-private partnerships for key City policy areas and development priorities.
PIDC promotes large-scale neighborhood economic development through partnerships with established community organizations on neighborhood revitalization projects. Clients range from commercial and industrial businesses to the developers of large, public purpose facilities, in all neighborhoods of Philadelphia. PIDC offers a wide variety of loan and grant programs. Although specific terms and conditions vary, many programs offer subordinated financing and below-market interest rates to encourage investment in Philadelphia. Use of loan funds is determined by the circumstances and may include real estate acquisition, construction, or machinery/equipment purchase. PIDC loan funds are usually leveraged with private debt and equity.Is the Regional Center a Public Agency, Government Entity or a Public/Private Partnership (EDC/EDA) affiliated or associated with one?
- Business Support & Waste Management Services / Convention & Visitor Bureaus / 561591
- Business Support & Waste Management Services / Convention and Trade Show Organizers / 561920
- Public Administration / Executive Offices / 921110
- Educational Services / Colleges, Universities, and Professional Schools / 611310
- Public Administration / Regulation and Administration of Transportation Programs / 926120
Designation Letter - DownloadDownload
Regional Center EB-5 Quick Facts
Number of Approved I-526: 1241
Number of Approved I-829: 1000
News & Updates
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.