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Business

Explore resources for businesses in Philadelphia, and for businesses here that are looking to grow and expand. Also, see resources that support businesses considering a Philadelphia location or just getting a business started here. 

Passion makes anything possible here.

Known for innovation in industries such as medicine, technology, entrepreneurship, education, energy, and design, we challenge the status quo, think differently, and push progress forward together.

We are the sixth largest city in the U.S. and the second largest on the East Coast. Strategically located within 2 hours of New York and Washington DC, we sit at the geographic center of the Northeast corridor, providing easy access to other global economic centers.

Did You Know?

#1 Emerging Startup Ecosystem in the U.S.

Philadelphia ranked #1 in the U.S. for emerging startup ecosystems in 2020. And rose to #27 in the world for startups as of 2022 according to Startup Genome.

13 Fortune 500 Companies

In total, 13 companies headquartered in the Philadelphia area earned spots on this year's (2022) list.

$453 Billion

Gross Metropolitan Product in 2021

Story of Innovation and Success

Stimulus Founder & CEO, Tiffanie Stanard, Featured in the National Microsoft Black Partner Growth Initiative

Story of Innovation and Success

Misfits Market is an online grocery delivery service that sells “ugly” organic produce for cheap. In the first four months of 2021 alone, Misfits Market rescued the same amount of food it saved in 2020 as a whole...In fact, it was just one of many businesses started by its 29-year-old founder Abhi Ramesh.

Industry Hubs

Eds & Meds

Starting in 2018, The Economy League launched an initiative, over the next 8–10 years, to “localize $500 million in contracts at 13 city hospitals and universities for goods and services—such as office supplies, lab equipment, food, video production, and web design

Food Innovation & Logistics

There are 30 Logistics Tech startups in Philadelphia. Here is a list of the 10 most exciting ones

Arts & Culture

“The arts are a major part of Philadelphia’s national reputation, and the long-term economic recovery of the city of Philadelphia is linked to the recovery of Philadelphia’s cultural community.”

Trade Logistics / Industry 4.0

If you drive a car, eat chocolate, read a newspaper, shop at a big box store, enjoy fresh fruit or work in a building made of steel, you can be sure the people of PhilaPort have directly impacted your quality of life.

eCommerce / Retail

More than just a city, Philadelphia is a wide variety of various towns, neighborhoods and even states, and the region’s dynamic shows through its produce environment. “The greater Philadelphia area is competitive and evolving,” says Jon Steffy, vice president and general manager at Four Seasons Produce in Ephrata, PA.
Active Coffee Shop

Top Global Identity Supporters and Partners

The following organizations are regional leaders who support and champion the Philadelphia regional brand narrative and are amongst the area's top regional employers
 

  • City of Philadelphia
  • Temple University
  • PACT
  • Campus Apartments
  • UCity Science Center
  • Independence Blue Cross
  • Ben Franklin Technology Partners
  • Accenture
  • Montgomery County
  • Cozen O'Connor

Incentives from Municipality

If you need to raise or borrow money, there are several options. Learn about tax credits, grants and incentive programs could help add cash to the bottom line.

Story of New Business & Development

J.P Morgan Chase Chairman & CEO Jamie Dimon speaks with CNBC's Jim Cramer about the bank's choice to open 50 retail branches in Philadelphia.