Tag: Philadelphia

bookmark_border10,000 Small Businesses Initiative in Philadelphia

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Philadelphia, PA — The City of Philadelphia announced a partnership with Goldman Sachs 10,000 Small Businesses initiative to help create jobs and economic growth by providing small businesses in the Philadelphia region with practical business education, business support services and access to capital.

Community College of Philadelphia will deliver the business education portion of the program, and Philadelphia Industrial Development Corporation (PIDC) and Community First Fund will originate loans to small businesses. Goldman Sachs and the Goldman Sachs Foundation are committing $20 million to the program in the greater Philadelphia area.

PIDC and Community First Fund will originate loans to small businesses. PIDC, a nonprofit, public-private partnership between the City of Philadelphia and the Greater Philadelphia Chamber of Commerce, targets the city of Philadelphia. Community First Fund’s target market consists of 13 counties in central Pennsylvania. The bulk of Community First Fund’s lending is focused on the cities of Reading, Lancaster, York and Harrisburg.

The Goldman Sachs 10,000 Small Businesses initiative will offer:

* Business and Management Education: Small business owners will have access to a practical business education delivered in partnership with Community College of Philadelphia, the largest public institution of higher education in the City. Small business owners will develop a business growth plan to help them increase revenues and hire new employees. Classes are free to business owners accepted through a competitive application process.

* Access to Capital: Goldman Sachs is committing $15 million of lending capital to Philadelphia and central Pennsylvania small businesses. The loans will be originated by local community-based partners, PIDC and Community First Fund.

* Business Support Services: Business advice, technical assistance and networking will be offered to participating small business owners through partnerships with Community College of Philadelphia, community-based partners and national business organizations, as well as the people of Goldman Sachs.

The program will begin in May 2013. Applications for the education component of the program are being

bookmark_borderPennsylvania Air Quality Partnership

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The goals of the Air Quality Partnership are to increase the public’s understanding on the impact of air pollution, provide alerts for days with high air pollution, provide health effects information and guidelines to prevent or reduce exposure, and finally encourage voluntary actions to reduce air pollution emissions, especially on “Action Days”.

The Partnership forecasts “Action Days,” or days when the air is expected to be unhealthy to breathe. Using a color-coded scale, the forecast informs people about the predicted ozone and fine particulate matter (PM2.5) levels and any precautions that need to be taken.

Ozone in the stratospheric ozone layer protects us from the sun’s harmful rays. But at ground-level, where we breathe it, it’s not so good for us. In the summer, sunlight and high temperatures ‘bake’ pollutants emitted by motor vehicles, power plants, industrial manufacturing and other sources to form high levels of ground-level ozone, commonly known as smog.

Particle pollution is the term for tiny drops of liquid or small particles of dust, metals and other material that float in the air. Some particles are large or dark enough to be seen as soot or smoke. Others are so small that they can only be detected with an electron microscope. Particle pollution comes from a variety of sources such as cars, power plants, factories, construction sites, forest fires, and municipal waste incinerators.

bookmark_borderThe City Of Philadelphia

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