StartupPHL Newsletter #43

State of Startups, White House Summit and A FinTech Tale

jeffvault

This week Mayor Kenney helped launch the Vault – the new innovation space at Sidney Kimmel Medical College at Jefferson. You can find more info about the innovative design medicine program online

Your weekend reading is right here.

State Of Startups 2016

Our friends at First Round Capital explore what it’s like to be an entrepreneur. Hear what 700+ Founders have to say.

See the Results, via First Round Capital

White House Teams Up With Stanford & Tech Leaders

The White House partnered with Stanford University and the Chan Zuckerberg Initiative to co-host the Summit on Poverty and Opportunity. The two-day event focused on using technology and innovation to address issues like poverty, inequality, and economic immobility.

Details, via BuzzFeed

Seeds Of A FinTech Startup

A story about FinTech, launching at any age, and knowing your market. Like, REALLY knowing your market.

Learn More, via The New York Times

StartupPHL Spotlight

PACT just wrapped up its annual IMPACT Capital Conference. Mayor Kenney opened the event and had some nice things to say about entrepreneurship and Philly’s tech industry.

If you weren’t able to make it this year, head over to the site to see who was there, find out what companies presented, and take a look back at over 20 years of the conference!

We want to shine a light on awesome things happening in the local community. Have something to share? Email us or tell us on social.


StartupPHL is the City of Philadelphia’s platform for supporting entrepreneurship and startup activity.

All events and applications noted in this newsletter are for informational purposes only and not an endorsement. We encourage readers to perform due diligence for any programs listed here.

StartupPHL Newsletter #42

Kenney Talks Tech, London Tops the EDCi, and New Data on Immigrants & Entrepreneurship

villagecapital

Democratizing #entrepreneurship at Benjamin’s Desk!  Village Capital was in Philadelphia last week hosting a healthcare forum at Benjamin’s Desk that also involved pitch mentor sessions. 

Your weekend reading is right here.

Mayor Kenney Talks Tech

In an Op-Ed for Philadelphia Magazine, Mayor Jim Kenney addresses the Philly tech scene and calls on entrepreneurs to think about what they can do to help move the city forward.
Read His Message Here, via Philadelphia Magazine

London Tops For FinTech & Other Cool Data Points

For the second year in a row, London has topped the European Digital City Index (EDCi), which ranks European cities by how well they support digital entrepreneurship, and how attractive they are to fintech founders and companies.
Learn More, via Business Insider

Immigrants & Entrepreneurship By The Numbers

A new study from the National Foundation for American Policy shows that 51% of billion-dollar startups in the U.S. were founded by immigrants.
Full Story, via The Wall Street Journal

StartupPHL Spotlight

Last week local leaders organized a workshop on the term sheet. The workshop grew from a handful of signups to over 100 registrants! A comprehensive write up on the event and lists of additional resources can be found on the PSL Listserv. Be sure to check it out!

We want to shine a light on awesome things happening in the local community. Have something to share? Email us or tell us on social.


StartupPHL is the City of Philadelphia’s platform for supporting entrepreneurship and startup activity.

All events and applications noted in this newsletter are for informational purposes only and not an endorsement. We encourage readers to perform due diligence for any programs listed here.

StartupPHL Newsletter #41

Shrinking Tax Gap, Micro-VC and Biases

saxbys

The Saxbys team hosted all the Philly-based companies featured on the Inc. 5000 list of America’s Fastes-Growing Companies, and Mayor Kenney stopped in to say a few words. Check out the full list

Your weekend reading is right here.

AHEM. The Tax Gap Between PHL & Its Burbs is Shrinking – Told Ya So!

The tax disadvantage of living in Philadelphia instead of the suburbs has dipped to its lowest point in at least 15 years, making the city more affordable in terms of taxes than many surrounding towns.

Get the Deetsvia The Pew Charitable Trusts

Why Micro-VC Will Drive Innovation Across the US

Availability of early stage funding can make or break entrepreneurial activity, and outside of the country’s largest tech centers Micro-VC funds are making a huge difference.

Learn More, via Medium

How Cognitive Bias Affects Venture Capital

The argument can be made that venture capitalist are particularly susceptible to cognitive biases, and those underlying inclinations can impact how money gets allocated.

Full Story, via Mattermark

StartupPHL Spotlight: We want to shine a light on awesome things happening in the local community. Have something to share? Email us or tell us on social.


StartupPHL is the City of Philadelphia’s platform for supporting entrepreneurship and startup activity.

All events and applications noted in this newsletter are for informational purposes only and not an endorsement. We encourage readers to perform due diligence for any programs listed here.

Call for Ideas Recipient Spotlight: TechGirlz

The following post has been adapted from content provided by Tracey Welson-Rossman, Founder of TechGirlz. 

TechGirlz has been fortunate enough to receive two grants from the Call for Ideas from StartupPHL. The grants have allowed us to beta test and iterate on ideas that have allowed us to expand the reach of how we inspire middles school girls to be part of the innovation economy.

The first grant allowed us to put our undocumented and unorganized tech summer entrepreneur camp into an documented and organized fashion. Why is this important? For TechGirlz, it allows us to have more than the person who created the course to teach. It also allows us to feel confident about these courses to be used by others. They are now part of our TechShopz library. Since we have had success with this camp, we are working to have other groups utilize the materials to teach more girls about how they can be part of the tech startup economy.

The second grant allowed us to beta test a program to encourage more volunteers who are not tech professionals, but have tech skills – high school and college students. The school/student program allows us to partner with these secondary schools who are teaching tech courses and have their students, under the guidance of their teacher, instruct middles school girls. We spent the year putting the program together, creating relationships with schools and finally, beta tested the idea in March with Philadelphia Academies at Roxborough. Besides the obvious benefits to the middle school girls, there were some discoveries we made about the young adults. First, they were able to practice their new skills by teaching, they learned organizational and leadership skills and they were great role models for the younger kids. The outcome, we are currently working with 10 local schools to have TechShopz in the next school year. We will be tracking how many of these new instructors become instructors outside of their school environments and also how many of the middle school girls decide to take the tech classes at the high school level.

The StartupPHL Call for Ideas program funds innovative and exciting proposals that support Philadelphia’s entrepreneurial ecosystem. You can apply for the fifth round of Call for Ideas online now.

StartupPHL Newsletter #40

Clusters, Nostalgia and a Moon Landing

healthhack

We were honored to be on a panel of judges at Jefferson University’s Healthcare Hackathon last weekend. Amazing ideas and teams! Learn more: @healthhackphl. Photo via @rschwartz001.

Your weekend reading is right here.

Community Matters When Building a Company

Clusters are the new garage. World Economic Forum lays out why clusters, not the mythical garage, help accelerate innovation around the globe.

Learn More, via World Economic Forum

Nintendo is Bringing the Nostalgia this Holiday Season

Throwback! Because who doesn’t miss staying up all Christmas night trying to save Princess Peach?

Deets, via Wired

TeamIndus Making Moves Toward a Moon Landing

The only Indian entrant into the Google Lunar X-Prize is working towards being the first private company to land on the moon.

Read About Their Progress, via TechCrunch

techgirlz
Previous Call for Ideas Awardee TechGirlz is helping to reduce the gender gap in tech. Find out how they used their Call for Ideas Grant. Photo via TechGirlz

StartupPHL Call for Ideas Application is Live – Deadline is November 13

Do you or your organization have an idea that supports or enhances Philly’s entrepreneurial community? We want to know.


StartupPHL is the City of Philadelphia’s platform for supporting entrepreneurship and startup activity.

All events and applications noted in this newsletter are for informational purposes only and not an endorsement. We encourage readers to perform due diligence for any programs listed here.

StartupPHL Newsletter #39

GEW Philly, Broadband Access and Machine Intelligence

sidecar

Photo: Congrats to Sidecar on the new digs! We had a blast at the ribbon cutting. @getsidecar

Your weekend reading is right here.

It’s National Entrepreneurship Month! 

Global Entrepreneurship Week takes places November 14-20, and Philly has some great events lined up.

Check It Out, via GEW Philly

Bringing Broadband to NY’s Public Housing

Queensbridge, the largest public housing development in North America, is the pilot site for the New York City Housing Authority’s municipal broadband project.

Details, via Wired

Machine Intelligence and the Workforce

With $5 billion in venture investment, machine intelligence is poised to change the workforce landscape…but how?

Find Out More, via Harvard Business Review

firsthandPrevious Call for Ideas Awardee FirstHand is inspiring Philly’s next generation of STEM professionals. Find out how they used their Call for Ideas Grant. 

StartupPHL Call for Ideas Application is Live – Deadline is November 13

Do you or your organization have an idea that supports or enhances Philly’s entrepreneurial community? We want to know.


StartupPHL is the City of Philadelphia’s platform for supporting entrepreneurship and startup activity.

All events and applications noted in this newsletter are for informational purposes only and not an endorsement. We encourage readers to perform due diligence for any programs listed here.

Call for Ideas Recipient Spotlight: FirstHand

The following post has been adapted from content provided by David Clayton, Director of FirstHand.

A StartupPHL Call for Ideas Grant of $25,000 helped Round 3 recipient FirstHand inspire Philadelphia’s next generation of STEM professionals. The FirstHand program at the University City Science Center provides a unique opportunity for Philadelphia youth to explore the world of science and design in a hybrid bio-lab makerspace. The FirstHand Lab is located within one of the Science Center’s three startup incubators, where middle and high school students have the opportunity to discover new career pathways by interacting with the Science Center’s resident scientists and engineers, who are developing amazing new technologies such as immunotherapy and advanced 3-D bioprinting.

The grant enabled FirstHand to purchase a laser cutting and engraving system, high-tech equipment normally only used by industry professionals. Middle schoolers work in small teams to create original designs and product ideas; using a laser cutter allows them to rapidly change and evolve their ideas through the prototyping process. In this manner, FirstHand is utilizing the laser cutter and other tools purchased using the Call for Ideas Grant to empower young people interested in the STEM fields.

The StartupPHL Call for Ideas program funds innovative and exciting proposals that support Philadelphia’s entrepreneurial ecosystem. You can apply for the fifth round of Call for Ideas online now.

StartupPHL Newsletter #38

Advice Bots, Space Startups, and Flying Cars

philly-x-chile

Photo: This week’s Philly X Chile event highlighted three Chilean startups on an American tour. Learn more about the companies that showcased – Ki Teknology, EXE and Tecnova Global Solutions.

Your weekend reading is right here.

In search of biz & career advice? There’s a bot for that!

The Harvard Business Review has created a Slack bot to dish out advice, pulling from more than 200 HBR articles about best practices. Each piece of advice comes with a article and bullet list of do’s and don’ts.

More, via VentureBeat

EU’s new space strategy – public investment to stimulate space startups

The European Union’s executive commission unveiled a strategy aimed at building a sustainable space economy.

Details, via SpaceNews

Guess what Uber’s promising now: Flying Cars

Flying cars aren’t just for the Jetsons…Uber Elevate could be a thing within a decade.

Prepare for Take Off, via Wired

StartupPHL Call for Ideas Application is Live – Deadline is November 13

Do you or your organization have an idea that supports or enhances Philly’s entrepreneurial community? We want to know.

syv

2015 Call for Ideas Awardee Schoolyard Ventures provides students with entrepreneurial programming and micro-funding to start their own businesses. Find out how they used their Call for Ideas Grant.

Philadelphia Startup Weekend Returns, November 11th – 13th

You’ll have 54 hours to pitch an idea, create a team, build and test a working prototype. Prizes go to the 1st, 2nd and 3rd place teams.

Get your tickets today! 


StartupPHL is the City of Philadelphia’s platform for supporting entrepreneurship and startup activity.

All events and applications noted in this newsletter are for informational purposes only and not an endorsement. We encourage readers to perform due diligence for any programs listed here.

Call for Ideas Recipient Spotlight: Schoolyard Ventures

The following post has been adapted from content provided by Rich Sedmak, Founder of Schoolyard Ventures.

What does it take to increase inclusivity and diversity in the PHL startup ecosystem? At Startup Corps and Schoolyard Ventures, we believe that developing a talent pipeline of traditionally under-served youth is necessary to leverage the talents of every Philadelphian. Over the last 3 years, over 400 high school students in Philadelphia have experienced launching their own companies and non-profits. With the help and support of funding from our StartupPHL Call for Ideas Grant, these students have had access not only to entrepreneurial programming and mentorship, but to micro-financing as well, to make their ideas a reality.

Through entrepreneurship programming, students in our city have received access to a supportive, entrepreneurial environment and culture that encourages taking calculated risks, in addition to a platform to access networks that they otherwise might not have access to. Via the micro-funding program, we’ve learned that as little as $250 can help a young person launch a business that could change their lives, as well as build skills and improve the lives of others in our city.

By developing talent among under-served populations and by providing students with access to networks, capital and knowledge not available in their schools, we’re hoping to provide every student in our city with the opportunity to participate in the entrepreneurial ecosystem.

The StartupPHL Call for Ideas program funds innovative and exciting proposals that support Philadelphia’s entrepreneurial ecosystem. You can apply for the fifth round of Call for Ideas online now.

StartupPHL Newsletter #37

Are you going to SXSW? Making great partnerships, and the Call for Ideas is open

science-center

Photo: We had a great time hearing from the innovative startups in the Digital Health Accelerator Showcase at Science Center this past week! Learn more.

Your weekend reading is right here.

Will we see you in Austin?

There are still a billion ways you can be a part of the scrappy movement, led by Philly Startup Leaders, to promote Philadelphia at SXSW. Sponsorship spots are still available. And be sure to let us know you’re going!

What are you waiting for? via PhillyMag

No duh…establishing entrepreneurial ecosystems generates new businesses and jobs.

Communities across America are harnessing entrepreneurism to drive growth

More, via Entrepreneur

Could your next product launch come from a great partnership?

Managing multi-party innovation ecosystems

Get the lessons learned, via Harvard Business Review

Get free startup advice and services at JumpStart StartUp

Hurry, this popup only lasts October 25 – 29th.

Get there, via Technical.ly

Bonus: StartupPHL Call for Ideas Application is Live – Deadline is November 13

Do you or your organization have an idea that supports or enhances Philly’s entrepreneurial community? We want to know.

 


StartupPHL is the City of Philadelphia’s platform for supporting entrepreneurship and startup activity.

All events and applications noted in this newsletter are for informational purposes only and not an endorsement. We encourage readers to perform due diligence for any programs listed here.