Three companies rose to the top during the second of three planned Big Idea Contests in the PA Wilds region. One thing they all share: A commitment to community and doing good, whether that's through a piece of handmade art, a cup of coffee, or a software program.
Two innovative companies emerged victorious from the pitch competition, earning an infusion of cash to build their businesses. The winners represent very different sectors, demonstrating the dynamicism of the region's entrepreneurial ecosystem.
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.