What we do
The Department of Commerce helps businesses—large and small—thrive in Philadelphia. Philadelphia is the ideal home for your business, offering:
- A central location along the Northeast corridor.
- A ready and talented workforce.
- Competitive office rents and commercial real estate costs.
- Vibrant commercial districts and growing innovation industries.
- World-class dining, history, and cultural attractions.
We work to:
- Attract and grow a diverse set of businesses.
- Revitalize neighborhood commercial districts throughout the city.
- Support small businesses and improve their access to funding.
- Build a strong talent pipeline.
- Increase economic opportunities for historically underserved business owners.
Connect
| Address |
1515 Arch St.
12th Floor Philadelphia, PA 19102 |
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business |
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Phone:
(215) 683-2100
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| Social |
Announcements
City launches latest round of Corridor Enhancement Grant
The City of Philadelphia launched the Corridor Enhancement Grant, a fund that contributes to neighborhood economic development and vibrant commercial areas.
The application deadline is April 14, 2025, at 11:59 p.m.
The Corridor Enhancement Grant supports community-serving nonprofits dedicated to enhancing the appearance, safety, livability of business districts in the neighborhoods they serve. The goal is to increase foot traffic, attract new businesses, promote available commercial real estate and a sense of community. Applicants are encouraged to submit projects that enhance the “look and feel” of their local commercial areas.
Eligible organizations can apply for an award amount of between $10,000 and $40,000 to complete their project.
Sign Up for Updates: Philadelphia Small Business Catalyst Fund
Philadelphia Mayor Cherelle L. Parker wants everyone to have access to economic opportunity. That’s why she signed the PHL Open for Business Executive Order, asking all City departments to streamline and simplify the experience of doing business with and in the city, driving inclusive growth for all.
Great news! In support of this, the Department of Commerce announces the launch of the Philadelphia Small Business Catalyst Fund (“the Fund”), a $5 million investment designed to accelerate the growth of high-potential small businesses and entrepreneurs across the city. We are developing a model within City government to keep empowering entrepreneurs and strengthening Philadelphia’s economy.
To be notified when the Expression of Interest form for the Philadelphia Small Business Catalyst Fund is available, click here.
