News

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SEPTA train

A new agreement between the city of Philadelphia and SEPTA is designed to promote diversity in contracting and supply the transit agency with the materials it needs to move into the future.


Deputy Managing Director Mike Carroll, who is also a SEPTA board member, said the Equity in Infrastructure...

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The Dorrance H. Hamilton Center for Culinary Enterprises

Our Community Development Corporation has made it to the semi-finalist round of the Truist Inspire Awards.

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Honeysuckle founders, Omar Tate and Cybille St. Aude-Tate

Center for Culinary Enterprises client business, Honeysuckle, was awarded $150,000 and is nearly ready to open their storefront.

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juneteenth parade float

West Philadelphia's 2022 parade and festival celebrating Juneteenth was a great success, bringing pride, unity, and business to the 52nd St corridor.

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Juneteenth parade, Phila

This Sunday, June 19, is Juneteenth, a federal holiday commemorating the end of slavery in the United States. The date marks the day in 1865 enslaved people in Galveston, Texas were finally told of their freedom, more than two years after the signing of the Emancipation Proclamation.


A recent...

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hope2.0check

Funding will go towards continuing The Enterprise Center's 52nd Street corridor revitalization project.

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(left to right) Councilwoman Jamie Gauthier, Della Clark, Stephen Briggs

The funding will aid The Enterprise Center, and is a continuation of Wells Fargo’s pledge to support small businesses in a variety of ways.


The 52nd Street business corridor in West Philadelphia will be receiving an extra boost!


On Monday, June 13, Wells Fargo announced that it will provide...

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hope 2.0 check presentation

The 52nd Street business corridor will get improvements ahead of Philadelphia’s Juneteenth Parade and Festival, thanks to funding received as part of Wells Fargo’s “HOPE 2.0” initiative. The $250,000 in funding, presented to The Enterprise Center today, is a continuation of Wells Fargo’s “HOPE, USA”...

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Sen. Vincent Hughes

The Pennsylvania CDFI Network held a gathering at the Capitol on Wednesday, joined by The Enterprise Center as a member organization and constituent CDFI. The organization is lobbying for the state to disperse additional funding to benefit small businesses.

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Mikey likes it

Comcast has just announced the next round of the Comcast RISE Investment Fund, offering $10,000 monetary grants to eligible Small businesses owned by POC and women in Atlanta, Detroit, Philadelphia, Pittsburgh, and Twin Cities. Applications will be open from June 1-14.

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Della Clark announcing the new Innovate Capital Growth Fund

Who's who in the local technology and business community? These Philadelphians are opening doors and bringing others together in another challenging year.


If you wanted to join the Philly tech community today and hit the ground running, who should you meet? Who would help you on your way? It’s a...

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TEC from EL platform

The Enterprise Center in Philly pioneers a new idea to fill in the equity gap by getting private investment fund managers to invest in more women- and minority-led businesses.


The Enterprise Center’s new Innovate Capital Growth Fund is specifically seeking out minority- or women-owned businesses...

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Minority Woman Shaking Hands in business Deal

Founders First CDC Job Creators Quest Grant

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Togo delegation visitors in front of CDC satellite office

A group of organization leaders and activists from the country of Togo visited The Enterprise Center Community Development Corporation for a discussion around initiatives and good works, plus a tour of the 52nd St. corridor.

Comcast recently officially announced of the latest round of RISE grant funding to be distributed. The Comcast RISE Investment Fund will provide $1 million in grants to support Philadelphia small businesses hardest hit by the pandemic.

The national nonprofit Founders First CDC has announced its second expanded “Job Creators Quest Grant for qualified businesses in Pennsylvania and New Jersey.


The program will total $100,000 and be awarded to 30 minority and underrepresented businesses in the neighboring northeast states. Grant...

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TEC JP Morgan Chase Group Photo

The Enterprise Center and JP Morgan Chase hosted a volunteer cleanup event at Malcolm X Park on Wednesday, May 11, 2021.

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Honeysuckle Breakfast boxes

The Enterprise Center, Walnut Hill Community Association, and Central City Toyota partnered to provide Honeysuckle Provisions breakfast boxes to 80 Walnut Hill residents.

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Small Business Week Wells Fargo Grants

In honor of National Small Business Week, Wells Fargo convened a panel discussion of local leaders in partnership with the Enterprise Center, Camden Business Association, Camden Community Partnership, Latin American Economic Development Association and Parkside Business & Community in Partnership...

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Two men standing next to biz on wheels

Councilwoman Cherelle Parker on Monday morning kicked off National Small Business Week with a news conference outside the New Olympia House restaurant, 7242 Castor Ave.


Parker was joined by officials of the Pennsylvania Community Development Financial Institutions Network, city commerce...

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check presentation

Wells Fargo, The Enterprise Center, Nonprofit partners celebrate Small Business Week in Camden by convening stakeholders, surprising local business owners with $10K at event Small business owners also received resources from The Enterprise Center’s Biz on Wheels, curbside business services specialty vehicle and mobile business services team as they toured Camden business corridors.

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group shot, curbside vehicle in background

“Biz on Wheels” will visit a different commercial corridor each day of National Small Business Week.

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small biz week, group shot

Councilwoman Cherelle Parker amongst other Philadelphia leaders in business and politics alike held a press conference to acknowledge the beginning of National Small Business Week.

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52nd street legends award

On Friday April 22, 2022, The Enterprise Center Community Development Corporation received a 52nd Street Legends Award for keeping the district clean and the community proud.

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SBA logo

The U.S. Small Business Administration (SBA)  today announced that it will host its first-ever Small Business Investment Company (SBIC) Diverse and Emerging Fund Manager Forum on April 25. The event will feature the Honorable Administrator Isabella Casillas Guzman and leaders across the...

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Nina Bryan at her stand at Reading Terminal Market

CCE client Sweet Nina's is finding a new permanent home in Reading Terminal Market

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Shelby Scales speaks at Innovate Capital Growth Fund Launch

Della Clark, president of The Enterprise Center is seeking to raise $50 million for the Innovate Capital Growth Fund to address the capital gap faced by numerous minority and women owned businesses in the mid-Atlantic region.


With the launch of the fund, TEC becomes the first Minority Business...

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Andrew Cherry speaks at Innovate Capital Growth Fund Launch

One of the most prominent non-profit organizations in West Philly, The Enterprise Center, is launching a fund in order to help struggling businesses owned by women and people of color within the Philadelphia, New Jersey and the Mid-Atlantic area.


Many up-and-coming entrepreneurs and businesses...

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group photo of Innovate Capital team & investors

The Enterprise Center, the West Philadelphia-based nonprofit offering business education and capital resources, is officially launching its fund to support investments in women- and minority-owned businesses. Called the Innovate Capital Growth Fund and aiming to cap at $50 million, the plans for the...

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Miguel Estien and crowd at Innovate Capital Growth Fund Launch

Della Clark, president of the Enterprise Center of West Philadelphia, is raising $50 million for a new, for-profit fund investing in small businesses run by women and underrepresented entrepreneurs in Pennsylvania, New Jersey and other mid-Atlantic states, the founders said Monday.


Clark’s...

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group photo of Innovate Capital team & investors

On 4/11/2022, The Enterprise Center celebrated the launch of the Innovate Capital Growth Fund, a licensed Small Business Investment Company (SBIC) as designated by the US Small Business Administration (SBA). Innovate Capital is a new for-profit fund, focused exclusively on investing growth equity capital in minority and women-owned businesses.

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Della Clark speaks at Innovate Capital Growth Fund Launch

The Enterprise Center said Monday that it is launching a Small Business Investment Company (SBIC) that will provide growth equity capital to local “standout” minority- and women-owned businesses in the Philadelphia region.


An SBIC is a privately owned and operated company that makes long-term...

PHILADELPHIA, April 8, 2022: The collaboration between Morgan Lewis and The Enterprise Center to help small businesses during the pandemic was recognized April 7 by the Philadelphia Business Journal with a 2022 Faces of Philanthropy Award. The program highlights socially impactful work between for...

At a time when affordable housing and job markets are at a crisis point, one organization in Philadelphia is tackling the challenge head-on — and centering women developers of color in the process.


A $900,000 specialty fund from The Enterprise Center, a nonprofit that supports small and mid-sized...

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Della Clark and Blessy Thomas in audience at Innovate Capital Growth Fund Launch

Philadelphia-area partnerships between for-profit companies and nonprofit organizations are taking local philanthropy to new heights.

Read the full article here.

At a time when affordable housing and job markets are at a crisis point, one organization in Philadelphia is tackling the challenge head-on — and centering women developers of color in the process.

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Photo of Congressman Dwight Evans
Congressman Dwight Evans has been a staunch advocate for the 52nd Street Initiative. Photo Credit: AL DÍA Archives.

U.S Congressman Dwight Evans received a $1million grant to renovate West Philadelphia’s 52nd Street.

This money will go towards West Philadelphia’s famous 52nd Street in order to add more businesses and create more jobs, while also revamping the area to give it a makeover.

This new business...

Following the passage of the $1.9 trillion American Rescue Plan a year ago almost to the day, the Nowak Lab and New Localism Associates created an “Investment Playbook” tool to help cities maximize the fragmented flow of federal funds by strategically selecting geographies of opportunity and...