Named the #1 emerging startup ecosystem in the U.S., Greater Philadelphia is one of the best places in the world to start a business. Our region’s investment landscape is soaring higher than ever before, with nearly $8 billion in venture capital (VC) raised in 2021 alone. These VC deals fuel Greater Philadelphia companies that push the envelope in sectors ranging from biotechnology and drug development to internet, software, and e-commerce. Greater Philadelphia is the birthplace of groundbreaking ideas and successful $1B+ unicorns like Spark Therapeutics, Gopuff, Misfits Market, dbt Labs, and Phenom. Numerous incubators, accelerators, and industry groups provide a well-connected support network for new startups in the region. For every kind of startup or small business, Select Greater Philadelphia (Select) offers a suite of services to help entrepreneurs launch, grow, and thrive in our ecosystem.
Top: Central Green is a 5-acre, award-winning park in the heart of the Corporate Center in Navy Yard Philadelphia. The Navy Yard has 170 employers in the industries of retail, industrial, R&D, and institutional. Photo courtesy of PIDC. Below slideshow images courtesy of, in part: M. Edlow for GPTMC; Greater Wilmington CVB; and R. Rabena for VISIT PHILADELPHIA®.