As many as 75 percent of venture-backed startups fail; the failure rate of all U.S. companies after five years is over 50 percent. We take a closer look at three Commonwealth companies that have overcome the odds, making the transition from great idea to thriving company.
Justin Schenck created the Growth Now Movement podcast to inspire entrepreneurs and encourage self reflection. Now he's taking his message to the next level with a three-day festival in downtown Reading.
The organization's goal is to lead the region to a better economic future by growing early-stage companies, helping manufacturers achieve industry leadership, and promoting a favorable business environment.
Device Events strives to make information about medical devices available to providers and patients. Their idea bested the field at this pitch competition that seeds startups working outside traditional tech hubs.
This iconic Pennsylvania institution has been taking startups from great idea to thriving company since 1983, contributing billions to the state's economy. Check out four businesses — one for each of BFTP's regional headquarters — taking advantage of its incubation and acceleration resources to thrive, whether developing next-generation pregnancy tests, fighting bedbugs or saving lives with stroke prevention.