PIDC shows government agencies how to be effective and relevant in a changing world

[billy ross]

Diane Mastrull: Shedding an image, lending a paw

"Partnering with other CDFIs is something Grady is exploring, he said, noting that "we all share the same mission: How do we increase entrepreneurial activity?" Collaboration could mean microlenders handling smaller loans for PIDC, or even PIDC offering them financing and back-office support, he said."



Read more: Diane Mastrull: Shedding an image, lending a paw
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We definitely need more entrepreneurialism in Philly. That's what made this city, and what will save it. Kudos to John Grady for seeing how PIDC can help push the city's rebirth forward while at the same time remaining relevant in an era of deindustrialization. I wish him luck. Smaller scale is definitely the way things are moving, and oddly Philly is at the forefront of that, because corporations shun us, so we've got to make it happen ourselves, just as John is doing. Just look at all of the new construction happening in Philly. It's overwhelmingly small scale. We are rebuilding our small company infrastructure in Philly that was shattered in the bad old days.