The Pittsburgh Life Sciences Greenhouse reported thriving activity this month, hitting $13.2 million in direct investments and 57 companies that have attracted more than $400 million in additional funding to the region.
We talked to BFTP Director Terry Singer about the success of the program and how it can help the economy through tough times.
Six new startups have joined AlphaLab, a software incubator on the South Side that fosters the growth of software, Internet and entertainment technology companies in the region.
Brent Matzelle. His Philly-based startup, Vuzit, is an online platform for viewing electronic documents and media that are not designed for online viewing--like PDF files.
Nine Pennsylvania companies begin the year with a fresh infusion of capital by the Ben Franklin Technology Partners of Central and Northern Pennsylvania. �
In an uncertain economy, top VC firms in Pennsylvania are sticking to what they know works best: software and information technology companies with solid business models and well-laid plans for growth.
Four Philadelphia-area angel investor groups joined forces to fund NanoPack Inc., a materials science company, with a $1.1 million investment late last month.
With credit markets frozen and the economy in recession, it might seem like the proposed 1,500-foot American Commerce Center in Philadelphia will need a series of miracles to survive.
The Ben Franklin Technology Partners of Northeastern Pennsylvania announced Tuesday it will invest $1,144,400 in support of regional economic development.