The University City Science Center accelerates technology commercialization, regional economic development, and the market availability of life-enhancing scientific breakthroughs by bringing together innovations, scientists, entrepreneurs, funding, laboratory facilities, and business services. Established in 1963 and headquartered in Philadelphia, PA, the Science Center was the first, and remains the largest, urban research park in the United States. Graduate organizations and current residents of the University City Science Center’s Port business incubators have created more than 15,000 jobs that remain in the Greater Philadelphia region today and contribute more than $9 billion to the regional economy annually. For more information about the Science Center, go to www.sciencecenter.org.
The University City Science Center started off the new year by welcoming four new companies into its Port Business Incubator in Philadelphia, PA. Three of the four companies, Immunocore, Kwelia and MedCity Media have taken desk space in the Bullpen, the Port’s newest co-working space, which opened in November 2011. Pharmaceutical Press is occupying office space in the Port’s Hubert J. P. Schoemaker Lab at 3624 Market Street.
The Bullpen isn’t just for relief pitchers anymore. The University City Science Center’s Port Business Incubator has opened a new co-working office space for emerging startup companies called the Bullpen. The new space, which offers entrepreneurs a desk, phone and high speed Wi-Fi, is located on the Science Center campus at 3711 Market Street in Philadelphia. Belgium-based Biologistics Consulting is the first company to call the Bullpen home.
What do entrepreneurs have in common regardless of industry sector? They can all benefit from interacting with seasoned professionals who specialize in assisting start-up companies to meet their growth potential. However, identifying and connecting with the appropriate “expert” can often be a daunting task. To help entrepreneurs navigate the world of business and professional services, the University City Science Center’s new Quorum Office Hours program brings an advisor to Quorum each month to meet one-on-one with entrepreneurs, answer their questions and offer advice.
J. Larry Jameson, M.D., Ph.D. has been elected to the Board of Directors of the University City Science Center. Jameson is the executive vice president of the University of Pennsylvania for the Health System and dean of Penn’s Perelman School of Medicine, where he is responsible for the oversight and strategic management of all of Penn Medicine’s academic programs, research activities and clinical services.
The University City Science Center and the Network for Teaching Entrepreneurship (NFTE) Philadelphia program office have teamed up to support young entrepreneurs in the Greater Philadelphia region through the Science Center’s new Quorum initiative. NFTE Philadelphia is the newest member of the Quorum Strategic Partner Alliance.
Craig R. Carnaroli of the University of Pennsylvania has been elected Chairman of the University City Science Center’s Board of Directors. Carnaroli succeeds Richard P. Jaffe, Esq. of Duane Morris LLP, who stepped down after chairing the Board since 2002.
University City Science Center President and CEO Stephen S. Tang, Ph.D., M.B.A. has been named to the U.S. Department of Commerce’s new Innovation Advisory Board, U.S. Commerce Secretary Gary Locke announced May 4, 2011.
Scientists and researchers from 17 universities and research institutions in Pennsylvania, New Jersey and Delaware have been invited to submit proposals for the third round of the University City Science Center’s QED Proof-of-Concept Funding Program.