Bucks County is focused on building a community of startups and entrepreneurs as its economy emerges from the pandemic. The county is funneling funding into programs like nonprofit Startup Bucks’ early-stage startup program, as well as allocating money to its Office of Workforce and Economic Development to support entrepreneurs. Bucks County has allocated $250,000 to […]
The Chamber of Commerce for Greater Philadelphia announced Tuesday the creation of the Diverse Procurement Collaborative to increase opportunities for small, Black and brown-owned businesses by partnering with buyers to establish procurement goals and strategies. The Diverse Procurement Collaborative is part of the Chamber’s Recharge & Recover PHL initiative, a coalition to devise, present and […]
The Philadelphia Alliance for Capital and Technologies (PACT) and Ben Franklin Technology Partners are teaming up with Coded By Kids to make Mentor Connect, a program that matches founders with experts, more diverse. They say it’s the first of its kind in the city. In a city whose tech sector is steeped with racial and […]
Mentorship is widely noted as one way to boost underrepresented entrepreneurs. So as part of the Department of Commerce’s PHL: Most Diverse Tech Hub initiative, Philly nonprofit Coded by Kids is partnering with two orgs on their longstanding program to get young business talent connected to mentors. Ben Franklin Technology Partners and the Philadelphia Alliance […]
While 2020 was a disruptive year for just about every market and industry imaginable, startups and venture capitalists found their footing in the latter half of the year. It’s a somewhat surprising trend outlined in PACT’s 2020 Venture Report which uses PitchBook data to analyze how Philadelphia fared amid the pandemic. We saw similar trends […]
This year has presented plenty of problems for us both as people and as professionals. We’ve watched a global pandemic change so much about how we navigate our personal and work lives, and a social and racial justice movement bring to light the many flaws in our existing systems. It’s upended how and where we […]
Department of Community and Economic Development (DCED) Secretary Dennis Davin and the Ben Franklin Technology Development Authority (BFTDA) announced that $1 million has been awarded to the Global Opportunity Philadelphia Fund to invest in early stage technology companies in the Greater Philadelphia region. The Global Opportunity Philadelphia Fund was formed by Ben Franklin Technology Partners […]
While the world watched the science industry research and battle the COVID-19 pandemic, the Philadelphia region slid into a higher ranking on the top U.S. life sciences market, a report by real estate firm CBRE shows. The region placed eighth among the country’s top life sciences clusters in 2019, and this year, it rose to […]
Black leaders and entrepreneurs in technology aren’t new to the scene. Think of inventors like Dr. Mark Dean, who contributed numerous key patents for the development of the personal PC during his time with IBM, or Annie J. Easley, who developed software for NASA’s Centaur rocket stage. Both Dean and Easley had to navigate more […]
Philadelphia is the top emerging startup ecosystem in the United States, according to a new report from startup research firm Startup Genome. The list of the top 100 emerging startup ecosystems in the world was released as part of Startup Genome’s Global Startup Ecosystem Report released Thursday. Unlike its rankings focused on the top ecosystems […]