Economic Development
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3 Tips for Getting Through Halloween With Good Scares
By Wendi Rank Halloween is the best holiday of the year. One might argue the best holiday is Christmas, or Thanksgiving, or – gah – Mother’s Day. One can argue Halloween isn’t even a holiday. But you and I know that’s wrong. Show me another day where you can enjoy two of the best contributions of humankind – Jamie Lee Curtis and Reese’s Peanut Butter Pumpkins. I mean,…
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These 8 Delaware County Zip Codes Are Among the 50 Wealthiest in Greater Philadelphia
Here are the eight wealthiest communities by zip code in Delaware County for communities with greater than 2,000 people, as compiled by Sharon Oliver for Philadelphia Business Journal. The chart shows how these eight communities rank when compared with the 50 wealthiest communities in the Greater Philadelphia region. The results are based on 2018 median…
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500 Delaware County Businesses Receive $6.3 Million in Grants From Delco Strong Program
The final distribution of Delco Strong 2 grants has been awarded to Delaware County business owners and non-profit organizations financially impacted by COVID-19. The Delco Strong 2 program, administered by the Delaware County Economic Development Oversight Board and The Foundation for Delaware County, provided $6.3 million in grants to 535 businesses and non-profit organizations in…
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Haverford Businesses Encourage Residents to Buy Local During the Pandemic With Gift Card Program
Haverford Township businesses are rolling out a unique digital gift card program they hope will keep the customers coming during the COVID-19 pandemic, writes Pete Bannan for the Daily Times. Starting Nov. 1, residents can buy the “Discover Haverford Keep It Local” gift card which can be sent via email, text or hard copy along…
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Hotels, Restaurants, Concert Facilities, Parks to Join Subaru Stadium in Chester
With the home of the Philadelphia Union, Subuaru Park, firmly in place, developers now plan to add hotels, restaurants, indoor concert and sporting facilities and expanded park and marina space to Chester’s waterfront, writes Colin Ainsworth for the Daily Times. And unlike previous West End waterfront redevelopment plans, this one is going to happen, say…
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With a Plan Now in Place, Chester’s Waterfront Is Ready for Extensive Development
There’s a master plan now to develop 100 acres of riverfront land surrounding Subaru Park, writes Natalie Kostelni for Philadelphia Business Journal. The Riverfront Alliance of Delaware County released the plan Tuesday for revitalizing an area from Highland Avenue to Norris Street. It covers the soccer stadium area and nearby Wharf building. “Many cities would…
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11 Delco-Based Companies Make Inc. 5000 List of Nation’s Fastest-Growing Private Companies
Eleven Delaware County-based companies have earned a spot on this year’s Inc. 5000 list of the nation’s fastest-growing private companies. The list ranks U.S. companies based on their three-year revenue growth. “This year’s set of winners places the bar very high indeed,” said Scott Omelianuk, Editor in Chief of Inc. Media. “Companies that made the…
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2 Delaware County Companies Make National List of Fastest Growing Companies
Two Delaware County businesses made the Inc. 5000 list of fastest-growing companies in the nation in 2020, writes Kennedy Rose for the Philadelphia Business Journal. The highest-ranked is Newtown Square-based Catalyst Experiential, which came in at No. 81 in the nation with a whopping revenue growth of 4,242 percent for the last three years. Catalyst…
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Application Deadline for Second Round of Delco Strong Grants Extended to July 14
Qualifying small businesses have until July 14 to apply online for a second round of Delco Strong grants. Nonprofits have until July 21. Funds can be used to cover working capital costs necessary to maintain a business during COVID-19 disruption. They can also defray the cost of items needed to operate safely during COVID-19 and…
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Struggling Delaware County Businesses Get Access to Second Round of Delco Strong Grants
An overwhelming response in May from local businesses asking for Delco Strong grants has prompted a second round of grants in July. On July 7, qualifying small businesses and nonprofits can apply online. Funds can be used to cover working capital costs necessary to maintain a business during COVID-19 disruption. They can also defray the…
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Pennsylvania’s Unemployment Recovery Second Quickest in Nation
Pennsylvania’s workforce is experiencing the second quickest recovery in unemployment claims in the nation, according to a newly released WalletHub report. To determine which states are recovering from COVID-19 the fastest, WalletHub compared the 50 states and the District of Columbia across three metrics based on changes in unemployment claims over three different periods. The…
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More Delco Strong Grants Coming for Local Businesses. You Can Learn More at a Free Webinar This Morning.
A second round of Delco Strong grants to help local businesses overcome the hardships of the pandemic have been approved unanimously by Delaware County Council. Delaware County Council voted June 17 to use CARES Act funds to help businesses and nonprofits in Delaware County with economic loss and recovery. Business owners interested in applying for…
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We Are All Susceptible to Conspiracy Theories, But Critical Thinking Can Help Us Move Beyond
Scientists have determined that while everyone is susceptible to believing in conspiracy theories, critical thinking is something that can help us move beyond this, writes Sarah Sloat for the Pocket. The human brain is a predictive organ which is always on the lookout for patterns that can help explain the world and help us survive…
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36 CEOs Join Regional Task Force to Jump Start Local Economy From COVID-19 Impact
Thirty six regional CEOs are part of a task force to get the Greater Philadelphia economy going again following the effects of COVID-19, writes Kennedy Rose for Philadelphia Business Journal. It is a partnership between the state of Pennsylvania, Philadelphia, Delaware, Chester, Montgomery and Bucks counties. Other components of the Philadelphia Regional Recharge and Recovery…
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Washington Post: A Look Back at an Overlooked Chapter of Philadelphia’s Segregation History
Nearly eight decades ago, African Americans in the Philadelphia area rallied to support eight black transit workers after their white colleagues staged a walkout due to their promotion to positions that were previously considered reserved for whites, writes Dustin Waters for The Washington Post. With nearly 4,500 white transit workers striking, trolleys and buses sat…
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Bloomberg: Don’t Kiss That Handshake Goodbye Just Yet
Many people believe that the handshake as a form of greeting will be gone forever due to the coronavirus pandemic, writes Devon Pendleton for Bloomberg. But history shows that several forms of greetings that involve human touch have always returned after short periods of decline, suggesting that the handshake will most likely survive this latest…
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Pennsylvania Allocates $225 Million in Grants for Small Businesses Support
$255 million in new grants have been allocated by Pennsylvania to support small businesses that have been impacted by the coronavirus pandemic and the subsequent state closure order, according to a staff report from the Philadelphia Business Journal. The grants come from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and was allocated…
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Bloomberg: Protests Over George Floyd’s Death Bring Grim Realities of Racial Disparity in America Into Spotlight
Protests over the death of an unarmed African American man at the hands of police have brought other grim realities of America’s racial disparity into the spotlight, including the fact that African Americans are lagging behind other groups in almost every economic measure, writes Catarina Saraiva for Bloomberg. In Minneapolis, where George Floyd was killed,…
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