PIDC

Award-Winning Biotech Training Program to Begin Recruitment with New Employer Partner in Life Sciences

Retrieved on: 
Wednesday, January 17, 2024

This workforce development training will support the talent needs of the rapidly growing cell and gene therapy manufacturing organization.

Key Points: 
  • This workforce development training will support the talent needs of the rapidly growing cell and gene therapy manufacturing organization.
  • "Our partnership with VintaBio marks an exciting era of Life Science development in Philadelphia.
  • “Where other companies at a similar stage may focus on degreed talent, VintaBio is widening its talent pool to include candidates who complete our training program.
  • Hiring local talent is advantageous at every stage of a company life cycle and we applaud VintaBio for recognizing this and taking action."

WSFS CARES Foundation Provides Third Quarter Grants to Organizations in Delaware and Pennsylvania

Retrieved on: 
Monday, September 18, 2023

The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to four organizations located in Delaware and Pennsylvania as part of its continuing series of philanthropic activities by WSFS and the Foundation.

Key Points: 
  • The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to four organizations located in Delaware and Pennsylvania as part of its continuing series of philanthropic activities by WSFS and the Foundation.
  • The WSFS funds will support the organization’s program for Number Sense: Changing the Math Mindset at CCSA.
  • Ward, Executive Vice President, Pennsylvania Market President at WSFS Bank and Chairman of the WSFS CARES Foundation.
  • “We’re very grateful that this funding from the WSFS CARES Foundation will help support PIDC’s small business lending and business support services, particularly for diverse business owners and entrepreneurs.

Award-Winning Biotech Training Program Connects Philadelphians with Quality Jobs in the Region’s Rapidly Growing Life Sciences Sector

Retrieved on: 
Monday, August 14, 2023

In a field that often requires PhDs or master’s degrees for most roles, the program – “Biomedical Technician Training Program: Aseptic Manufacturing” – creates opportunities for Philadelphians with at least a high school equivalency.

Key Points: 
  • In a field that often requires PhDs or master’s degrees for most roles, the program – “Biomedical Technician Training Program: Aseptic Manufacturing” – creates opportunities for Philadelphians with at least a high school equivalency.
  • The initiative is one way the region is working together to meet the talent needs in its rapidly growing cell and gene therapy sector.
  • The program connects Philadelphians to robust biomedical training at The Wistar Institute and offers program graduates a direct path to full-time, career-ladder employment as Associate Aseptic Manufacturing Technicians at Iovance.
  • Calibrated specifically to meet the needs of a burgeoning sector, the Biomedical Technician Training Program is designed for replication across industry employers.

Aeris Announces 45 New CDFI Ratings and 2 New Subscribers

Retrieved on: 
Monday, December 19, 2022

PHILADELPHIA, Dec. 19, 2022 /PRNewswire-PRWeb/ -- Aeris®, the leading expert in the financial and impact performance of CDFIs and other private impact loan funds, announced today that it has issued new annual ratings on 45 CDFIs in the past nine months. Two of these—Community First Fund and PIDC Community Capital—received new, standalone Aeris® Impact Management Rating Reports, which assess and report how a CDFI measures and manages impact.

Key Points: 
  • Two of these—Community First Fund and PIDC Community Capital—received new, standalone Aeris® Impact Management Rating Reports, which assess and report how a CDFI measures and manages impact.
  • Also today, Aeris announced two new subscribers to its information products: TD Bank and Tiedemann Advisors.
  • In addition to the in-depth analyses found in Aeris Rating Reports, Aeris subscribers utilize Aeris® Performance Maps and Aeris® Explorer, which track quarterly financial performance of rated and reporting CDFIs.
  • Since 2004, Aeris® Ratings, analyses, and data have grown to cover more than 150 CDFIs managing more than $19 billion in loan capital.

Founders First CDC Announces 30 Recipients of Job Creators Quest Grant

Retrieved on: 
Thursday, July 28, 2022

PHILADELPHIA, July 28, 2022 /PRNewswire-PRWeb/ -- Founders First CDC (Founders First), a 501c3 non-profit that empowers expansion and job creation in diverse founder-led, revenue-generating businesses, has revealed the list of grant recipients for Pennsylvania and New Jersey regions.

Key Points: 
  • PHILADELPHIA, July 28, 2022 /PRNewswire-PRWeb/ -- Founders First CDC (Founders First), a 501c3 non-profit that empowers expansion and job creation in diverse founder-led, revenue-generating businesses, has revealed the list of grant recipients for Pennsylvania and New Jersey regions.
  • Thirty Job Creators Quest grants totaling $100,000 have been awarded to business leaders in communities from Philadelphia and Bensalem, Pennsylvania to Camden and Newark, New Jersey.
  • The grant awardees were chosen for their compelling stories of entrepreneurship, impact on their communities, and potential for growth and hiring.
  • Since its inception, Founders First has served more than 450 companies that have created over 300 jobs and raised over $20 million among its founders.

Rite Aid Opens New Modern Headquarters in Philadelphia’s Navy Yard

Retrieved on: 
Wednesday, July 13, 2022

Today, Rite Aid (NYSE: RAD) unveiled its new headquarters in Philadelphias thriving Navy Yard district.

Key Points: 
  • Today, Rite Aid (NYSE: RAD) unveiled its new headquarters in Philadelphias thriving Navy Yard district.
  • The Rite Aid Collaboration Center, located on the second floor of 1200 Intrepid Avenue, will bring Rite Aids remote corporate workforce and associates together in a modern space with state-of-the-art amenities.
  • Rite Aid has entered into a long-term lease with Ensemble Real Estate Solutions for the space which can accommodate up to 300 Rite Aid associates.
  • Rite Aid previously had its headquarters in Camp Hill, Pa. Rite Aid opened its first store then Thrif D Discount Center in Scranton 60 years ago.

NYC REIT Comments on Glass Lewis Report

Retrieved on: 
Tuesday, May 24, 2022

New York City REIT, Inc. (NYSE: NYC) (NYC or the Company) today issued the following statement in response to the report issued by Glass, Lewis & Co., LLC relating to the director election at the Companys Annual Meeting on May 31, 2022.

Key Points: 
  • New York City REIT, Inc. (NYSE: NYC) (NYC or the Company) today issued the following statement in response to the report issued by Glass, Lewis & Co., LLC relating to the director election at the Companys Annual Meeting on May 31, 2022.
  • Michael Weil, Chairman and CEO of NYC, said, This election is about one thing: choosing the best qualified person to serve on the NYC Board.
  • It is disappointing that Glass Lewis failed to recognize that electing her to replace a director with the track record and qualifications of Ms. Tuppeny would disrupt NYCs significant momentum."
  • NYC reminds shareholders of Elizabeth Tuppenys many outstanding qualifications:
    Relevant Real Estate Experience Independent board member of PIDC, a public-private economic development organization.

District of Columbia Teams Up with Plenary Americas, ENGIE North America, and EQUANS for Nation's Largest Urban Streetlight Modernization Project

Retrieved on: 
Thursday, May 19, 2022

WASHINGTON and HOUSTON, May 19, 2022 /PRNewswire/ -- Washington, D.C.'s District Department of Transportation (DDOT) and the Office of Public-Private Partnerships (OP3) announced the District of Columbia has entered a long-term public private partnership with the Plenary Infrastructure DC (PIDC) consortium to modernize more than 75,000 lights throughout the District.

Key Points: 
  • Considered the nation's largest urban streetlight modernization project, the $309 million DC Smart Street Lighting Project will convert all the city's street and alley lights to energy-efficient LED technology with remote monitoring and control capabilities.
  • EQUANS, an ENGIE company, as the Asset Manager of the infrastructure for the next 15 years.
  • With other consortium members on their project pursuits, KDC has raised private project debt in excess of $18 billion.
  • ENGIE North America and EQUANS: Michael Clingan, [email protected] , (832) 745-6057
    View original content to download multimedia: https://www.prnewswire.com/news-releases/district-of-columbia-teams-up-w...

NYC REIT Sends Letter to Shareholders Comparing Credentials of Board Candidates

Retrieved on: 
Monday, May 16, 2022

New York City REIT, Inc. (NYSE: NYC) (NYC or the Company) today sent a letter to shareholders clearly comparing the credentials of its experienced and highly-qualified director nominee, Elizabeth Tuppeny, to Comrit Investments 1, LPs (Comrit) inexperienced nominee, Sharon Stern.

Key Points: 
  • New York City REIT, Inc. (NYSE: NYC) (NYC or the Company) today sent a letter to shareholders clearly comparing the credentials of its experienced and highly-qualified director nominee, Elizabeth Tuppeny, to Comrit Investments 1, LPs (Comrit) inexperienced nominee, Sharon Stern.
  • The letter includes a chart that powerfully demonstrates that the choice is clear: Elizabeth Tuppeny is the best candidate for election to the NYC Board of Directors.
  • Further, NYC advises shareholders discard the white proxy card that they may receive from Comrit.
  • Do not be distracted from what this election is really about: choosing the best qualified person to serve on the NYC Board.

Founders First CDC Doubles Down on Grant Program for Pennsylvania and New Jersey Businesses

Retrieved on: 
Tuesday, May 10, 2022

PHILADELPHIA, May 10, 2022 /PRNewswire-PRWeb/ -- Founders First CDC ("Founders First"), a national 501(c)(3) nonprofit organization that empowers expansion in diverse founder-led, revenue-generating businesses, announced its second and expanded "Job Creators Quest Grant" for qualified businesses in Pennsylvania and New Jersey. The funding program totals $100,000 and will be awarded to 30 minority and underrepresented businesses in the neighboring states. Grant recipients will also receive a scholarship to its business accelerator, a program that includes leadership coaching and continuing business education.

Key Points: 
  • PHILADELPHIA, May 10, 2022 /PRNewswire-PRWeb/ -- Founders First CDC ("Founders First"), a national 501(c)(3) nonprofit organization that empowers expansion in diverse founder-led, revenue-generating businesses, announced its second and expanded "Job Creators Quest Grant" for qualified businesses in Pennsylvania and New Jersey.
  • The funding program totals $100,000 and will be awarded to 30 minority and underrepresented businesses in the neighboring states.
  • Grant recipients will also receive a scholarship to its business accelerator, a program that includes leadership coaching and continuing business education.
  • To qualify for the grant package, businesses must be located in Pennsylvania or New Jersey.