Philadelphia – Page 73

Sustainability Tax Credit

Posted on February 4, 2013 by admin

PHILADELPHIA, PA — The City of Philadelphia released the application for the Sustainable Business Tax Credit, created by legislation sponsored by Councilman James Kenney and passed by City Council in December 2009. Though the bill was passed in 2009, the ordinance’s language says that the tax credit will be available for tax years 2012 through 2017, and 25 eligible businesses will receive a tax credit of up to $4,000 against the gross receipts portion of the Business Income and Receipts Tax. Businesses may qualify by obtaining B Corporation certification or meeting a list of criteria set by City regulations. The Sustainable Business Tax Credit Pending Regulations and Sustainable Business Tax Credit Application are available on the Mayor’s Office of Sustainability website at www.phila.gov/green.

Philadelphia was the first city in America to adopt a financial incentive for sustainable businesses. The credit formally acknowledges sustainable business practices in Philadelphia and encourages the growth of the local clean economy. Supporting the clean economy will help the City reach its sustainability goals outlined in Greenworks Philadelphia.

School Closings In Philadelphia

Posted on January 15, 2013January 15, 2013 by admin

Occupy Philadelphia Event
Tuesday, January 15, 2013 4:00pm
440 N. Broad St., Philadelphia, PA
STUDENT APOCALYPSE: A Brainless Future.

The School District plans to close down 37 schools. But are we ready for what will happen to students’ futures when you close down so many schools? It’s going to be a STUDENT APOCALYPSE!!! If they close our schools, nothing will be left.
Students will be shoved around the city and our schools will be worse. Nothing will be left BUT A BRAINLESS FUTURE. Join us as we show the city a dramatization of what could happen if the school closures move forward…set to the THRILLING music of Michael Jackson.

4pm on the front steps of the School District Building 440 N. Broad St. Philadelphia near Broad and Spring Garden.
https://www.facebook.com/events/467773956593297/

10,000 Small Businesses Initiative in Philadelphia

Posted on January 10, 2013 by admin

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