• Business Growth Black & White

    BUSINESS GROWTH

    Business activity in the region drives employment and creates opportunity while generating the tax revenues that enable the public sector to provide and coordinate crucial services.

THE LATEST ON BUSINESS GROWTH

THE WORLD CLASS BUSINESS GROWTH AGENDA

 

In 2013, the Economy League and the CEO Council for Growth released the Global Positioning Strategy (or GPS) for World Class Business Growth in Greater Philadelphia. The culmination of a multi-year regional priority setting and strategy development effort facilitated by the Economy League, the Business Growth GPS outlines goals, priority strategies, and key indicators to help focus and guide cross-sector collaboration to boost business growth throughout our region.

 

THE WORLD CLASS VISION

 

New and growing businesses fuel a dynamic regional economy that builds on Greater Philadelphia's industry and research strengths and connects to global opportunities.

 

 

Starting & Growing Businesses
Destination
Greater Philadelphia is a place where entrepreneurs can successfully create and grow businesses to scale.
World Class Starting & Growing Businesses Strategies
Strengthen entrepreneurial networks
Increase availability of growth capital
Innovation
Destination
Greater Philadelphia is a leader in bringing innovative ideas and technologies to the marketplace.
World Class Innovation Strategies
Support cluster-focused talent development
Connecting industry and universities to drive technology transfer
Selling to the World
Destination
Greater Philadelphia's businesses capitalize on global export and investment opportunities.
World Class Selling to the World Strategies
Advance the region’s position as a hub for global business
Market the region’s business assets and success stories

THE WORLD CLASS BUSINESS GROWTH INDICATORS 

Starting & Growing Businesses
New Businesses
Venture Capital
Entrepreneurship
Small Business Employment
Innovation
Federal R&D Funding
Technology Transfer
Selling to the World
Exports
International Visitors
New Businesses
While the number of new establishments has increased in six out of 11 counties in our region since 2011, the region’s growth rate was the slowest among the 10 largest U.S. metros.
Read More
PERCENT CHANGE IN NUMBER OF BUSINESSES BY COUNTY (2011-2015)
  • FEATURED CAMPAIGN

     

    DEVELOPING A METRO EXPORTS STRATEGY

     

    Despite more than 80 percent of global GDP growth projected to occur outside the U.S. between 2013 and 2018, only five percent of American companies currently export and, among those that do, 58 percent export to only one market. These numbers underscore the significant opportunity for Greater Philadelphia and other U.S. metros to grow by going global. In fact, estimates indicate that doubling Greater Philadelphia’s annual export growth rate to bring it in line with competitor metros could generate up to 40,000 new jobs in our region over five years.

    • Current Campaign Regional Exports