StartupPHL Call for Ideas Grant Awardees Announced

For Immediate Release: February 17, 2017

StartupPHL Call for Ideas Grant Awardees Announced

PHILADELPHIA – Today, Mayor Jim Kenney and the Department of Commerce announced the fifth round of StartupPHL Call for Ideas grantees. The Call for Ideas grant program funds innovative and exciting proposals that bolster Philadelphia’s continually expanding entrepreneurial ecosystem, while providing access and opportunities to all Philadelphians.

“The latest set of awardees represent a variety of industries – from tech to entertainment,” said Mayor Jim Kenney. “These programs will also serve a number of populations, including young people, small business owners and immigrants. I am eager to see the impact of our latest Call for Ideas grants and the programs they support.”

The Call for Ideas program provides small grants to organizations with ideas or initiatives that best meet the objectives of StartupPHL, including: Increasing business and job creation in Philadelphia; Enhancing collaboration between organizations that support entrepreneurs; Fostering networks and creating space for entrepreneurs to develop businesses and connect with mentors, advisors, talent and capital; and Deepening integration and coordination between city government, citizens, students, and the startup community.

“Call for Ideas is one of many ways we are fostering a positive reciprocal relationship between the City and Philadelphia’s entrepreneurs,” said Archna Sahay, Director of Entrepreneurial Investment for the City of Philadelphia. “The awardees chosen in this round all have the potential to make an impact when it comes to encouraging entrepreneurship, growing Philadelphia’s economy, and ultimately reducing poverty.”

The latest round of StartupPHL Call for Ideas provides funding to six organizations, bringing the total number of programs supported by this initiative to twenty-six. The grants awarded this round include:

  • Coded by Kids ($16,500) – Coded by Kids will use the Call for Ideas grant to support the development and piloting of a data science curriculum for students at two recreation centers in Philadelphia. The data science curriculum will use publicly available Open Data sets to teach students how to extract, analyze and present data.
  • Destined to Achieve Successful Heights, Inc. ($22,975) – DASH will partner with PSTV (the Education channel for The School District of Philadelphia) to help students produce, write and record their own original music with Grammy-nominated songwriters and producers while learning the real world economics of the music industry.
  • Free Library of Philadelphia Foundation ($17,200) – The Free Library will utilize the grant to expand business support to four neighborhood Library locations serving low-income communities. Each location will pilot integrated services including free classes, a core collection and seed funding.
  • The Hacktory ($24,000) – The Hacktory will host a summer hardware bootcamp for professionals in the region to learn a foundation of technical, fabrication and design skills through hands-on projects and experimentation.
  • SecondMuse ($25,000) – SecondMuse will use their funds to research and better understand the needs and resources available to Philadelphia’s existing hardware startup and manufacturing communities. Based on the findings, SecondMuse plans to co-design an incubator for hardware.
  • Welcoming Center for New Pennsylvanians ($25,000) – The Welcoming Center plans to use its Call for Ideas grant to cultivate entrepreneurial leadership among first generation immigrant youth and provide assistance to immigrant-owned small businesses with technology.

StartupPHL is a collaborative effort between the City of Philadelphia’s Department of Commerce and the Philadelphia Industrial Development Corporation (PIDC). The StartupPHL initiative encompasses a range of programs including the Call for Ideas grants, PIDC’s StartupPHL Seed + Angel Fund, and several measures to enhance visibility and connectivity of the startup community. The initiative aims to make our city a more attractive environment to launch and grow a business by investing in entrepreneurs who bring energy, ideas and vitality to Philadelphia, as well as further enabling the existing entrepreneurial talent that resides in the city’s different neighborhoods to flourish.

All applications were reviewed by a selection committee comprised of representatives from the City of Philadelphia, PIDC, and members of the entrepreneurial community. The first StartupPHL Call for Ideas was launched in October 2012 as part of the larger StartupPHL initiative. Twenty-six Call for Ideas grants have been awarded to date.

For more information on StartupPHL, visit: startupphl.com.

 # # #

StartupPHL is Heading to SXSW 2017

For Immediate Release: February 14, 2017

Mayor Kenney and Amplify Philly Initiative

Announce Details of 2017 SXSW Participation

 

PHILADELPHIA — Mayor Jim Kenney and the Philadelphia Department of Commerce will join a coalition of Philadelphia startups, corporations, musicians, and other partners in Austin, Texas  at the SXSW Interactive & Music Festival this March. The Amplify Philly initiative will promote Philadelphia as a hub for innovation, highlighting the companies, music, and technologies created here.

“I am excited the City will once again be part of Amplify Philly’s collaborative effort at SXSW,” said Mayor Kenney. “This initiative is proof of what can be accomplished through a successful public-private partnership. The investment being made by our corporate partners and anchor institutions shows a commitment to Philadelphia’s tech and entrepreneurial community. The City is thrilled to participate in one of the most influential tech conferences in the world, and I am personally looking forward to sharing with so many budding entrepreneurs why Philadelphia is the place to grow their business.”

Mayor Kenney is joining other mayors from across the country for The United States Conference of Mayors track during opening weekend of the 2017 SXSW Interactive Festival. The mayoral track connects several of the nation’s forward-thinking mayors with top innovators in the technology, entrepreneurship, media, nonprofit, philanthropy and creative sectors. In addition to individual and group meetings with industry leaders, Mayor Kenney will also take part in a panel discussion focused on the economic, social and cultural impact of extreme immigration policy on cities like Philadelphia. The panel, Building Bridges When Others Want to Build Walls, takes place on Saturday, March 11. On Sunday, March 12, Mayor Kenney will attend the SXSW Tradeshow to visit the Amplify Philly activation. The Philadelphia Department of Commerce, through its StartupPHL platform, will attend the festival and exhibit as part of the Amplify Philly booth.

For the second consecutive year, Amplify Philly is coordinating Philadelphia’s presence at SXSW. The 2017 initiative, organized by Philly Startup Leaders and REC Philly, is made possible through the support of 15 sponsors, including: StartupPHL, Comcast, University City Science Center, Guru, Zivtech, Ben Franklin Technology Partners, Chariot Solutions, Children’s Hospital of Philadelphia, University of Pennsylvania, Temple University, Visit Philadelphia, Philadelphia Convention & Visitors Bureau, Brandywine Realty Trust, Safeguard Scientifics, and CoStar360. This year, 18 Philadelphia companies will be exhibiting at the SXSW Tradeshow as part of the Amplify Philly activation: BioRealize, Boost Linguistics, Chariot Solutions, Comcast, Cosy, Eventuosity, Iqinetics, Keriton, LIA Diagnostics, MLeads, Neuroflow, Oat Foundry, Oncora, ROAR for Good, SafeStamp, Social Ladder, Stratis, and Zivtech.

Amplify Philly will also promote Philadelphia to the SXSW audience through two additional activities – a happy hour event and concert. The happy hour and accompanying interactive event on Monday, March 13 will feature entertainment by Philadelphia music legend DJ Jazzy Jeff. Invited guests will have the opportunity to network with Amplify Philly sponsors and participating companies. On Tuesday, March 14, the Amplify Philly Official Music Showcase will spotlight local talent, including: Bilal, DJ Aktive, Good Girl, The Districts, Son Little, The Dove & The Wolf, Julian King, and Queen of Jeans. The concert is open to all SXSW badge holders.

Additional details about the Amplify Philly initiative will be made available on AmplifyPhilly.com. Mayor Kenney’s public schedule will be released daily while he is in Austin.

 

# # #

PRESS RELEASE: University City Keystone Innovation Zone Expands to Old City, N3rd Street Startup Community

Eligible Startups will have Access Up to $100,000 in Sellable Tax Credits Annually

March 23, 2016 – Contact:  Ajeenah Amir ajeenah.amir@phila.gov

PHILADELPHIA– Today Mayor Jim Kenney and the Philadelphia Department of Commerce, alongside The University City Keystone Innovation Zone (UC KIZ), announced that the UC KIZ has received approval from the Pennsylvania Department of Community and Economic Development (DCED) to expand its existing boundaries to include the growing tech community in Old City, including the area along N. 3rd Street, known as “N3rd Street.”

“The expansion of the UC KIZ is an incredibly important development for Philadelphia’s startup community,” said Mayor Jim Kenney.  “The inclusion of Old City will bolster the already exciting growth of tech companies we’ve seen on and around N3rd St. We’re committed to helping Philadelphia’s innovation community flourish throughout the City, and tools like KIZs are a big part of that equation.”

As a result of the expansion, a new swath of companies in Philadelphia’s growing innovation ecosystem will be able to access up to $100,000 annually in sellable tax credits. The DCED could award as much as $1.2 million in tax credits to newly eligible companies within the expanded zone in 2017. Many KIZ Tax Credit awardees invest those funds in new employees, while others purchase equipment to further develop and commercialize products and technologies.

“We need to nurture the talent pipeline that exists in Pennsylvania from higher education to business ownership by providing as many opportunities as possible to support their efforts,” said Department of Community and Economic Development Secretary Dennis Davin. “We are thrilled with the success of the KIZ program and are extremely excited with the increased opportunities available in Philadelphia through the expansion of the UC KIZ.”

Pennsylvania’s Keystone Innovation Zone Tax Credit is a fundamental component of the KIZ program. Up to $25 million in credits are available each year to eligible companies. Companies without tax liabilities can sell their tax credits themselves or secure a third-party, independent broker to sell the credits on their behalf.

“Innovation and entrepreneurship are thriving all across Philadelphia – from University City and uCity Square all the way to N3rd Street,” says Stephen S. Tang, Ph.D., MBA, President & CEO of the University City Science Center, which serves as the fiscal agent of the UC KIZ. “Thanks to this expansion, the UC KIZ will be better equipped to accommodate and support the cluster of tech startups in Old City while helping to attract and retain even more early-stage companies in Philadelphia.”

Twenty-one startup companies in the UC KIZ received a collective $1.8 million in tax credits awarded by the DCED in 2015 as part of the KIZ Tax Credit Program. Over the last 10 years, 48 UC KIZ companies have benefited from almost $8 million in KIZ Tax Credits.

“Our recent KIZ Tax Credit award will help our company retain two software developers” says first-time applicant John Nosek, Founder and Vice President for Research and Product Innovation at Guiding Technologies. “Also, these tax credits meet requirements for matching National Science Foundation (NSF) SBIR Phase IB funding, which enhances our chances of obtaining much larger NSF SBIR Phase II and Phase IIB funding.”

About the University City Keystone Innovation Zone

The University City Keystone Innovation Zone was established in 2004 by the Commonwealth of Pennsylvania and the Ben Franklin Technology Development Authority as a Keystone Innovation Zone, a geographically designated zone designed to create a “knowledge neighborhood” that develops technology business communities by aligning talent and resources.  It is a partnership of BioAdvance, Drexel University, Thomas Jefferson University, the University City Science Center, the University of Pennsylvania, the University of the Sciences in Philadelphia and The Wistar Institute.. UC KIZ partners are committed to working together to ensure that life sciences and information technology opportunities are developed and supported to maximize the potential of university research, start-up companies and international companies seeking to locate in the region.  The Science Center serves as the administrative and fiscal agent of the UC KIZ.

For more information about the University City Keystone Innovation Zone, call (215) 966-6156 or visit https://www.sciencecenter.org/programs/university-city-keystone-innovation-zone.

RJMetrics pegged as one of the fastest growing startup at SXSW by Big Data firm

March 9, 2016 | Philadelphia Business Journal by Dan Norton

RJMetrics was tapped as the 10th fastest growing startup in the U.S. that will have a presence at South by Southwest, according to Mattermark, a Big Data analytics firm.

RJMetrics is the only Philadelphia startup on the list, although the City of Brotherly Love will have a large contingent at the Austin festival next week.

Robert Moore‘s a data analytics software startup facilitates data-driven business decisions for its customers. For the last few years, it has been one of Philadelphia’s most successful tech ventures.

READ MORE

Philadelphia is heading to SXSW2016!

Until now, Philadelphians have made their own ways through nine days of conferences and events at South By Southwest in Austin, Texas. But this year is different. A broad public/private coalition of local companies and organizations from enterprise to nonprofit have joined together to create SXSWPhilly.

You can participate without heading to Austin. Join us for the SXSW Sendoff party here in Philly on March 3rd at 6PM at Coda, 1712 Walnut St.

Registration is FREE, with food and cash bar.

Philly anchors Independence Blue Cross and Comcast NBCUniversal have already stepped up to sponsor, as well as local companies and organizations: Guru, Zivtech, Chariot Solutions, Children’s Hospital of Philadelphia, Pennovation Works, and Ben Franklin Technology Partners Southeastern Pennsylvania.

Showcasing the excitement of living and working in Philly at SXSW is a compelling proposition for the region’s businesses. It’s a great opportunity to recruit talent and create an emotional tie to our hometown. The StartupPHL booth will be surrounded by Philly startups: Cloudmine, RJ Metrics, Eventuosity, Zivtech, Chariot Solutions and Picwell. Attendees will enjoy Philadelphia-branded events, such as a concert of local talent produced by REC Philly and a VIP party.

SXSWPhilly organizers are always seeking additional funding and support from area businesses; it’s not too late to get involved. There’s an active SXSWPhilly Google Group with over 70 members, and a number of committees ready to helping make this initial effort a success. If you are already planning to go to SXSW, let us know!

“The efforts of the group really mirror the overall personality of the city,” said Yuval Yarden, who’s leading the SXSWPhilly initiative and is also program director at Philly Startup Leaders. “Startups and established companies are working to mutually support each other. For example, funding from Independence Blue Cross helps secure a place in Austin for Philly biotech startups.”

Philly is unmatched when it comes to our vibrant startup culture, our internationally renowned artists, filmmakers and musicians. A super cool city like Philadelphia deserves celebrity status at SXSW. A heaping helping of love from Philly makes a much greater impact than a performance here, and a booth there.

SXSW 2016 takes place in Austin, Texas, from March 11-20, 2016. There are multiple tracks, but the primary track for tech and startups is SXSW Interactive, from March 11-15. During that time, visitors can participate in the Trade Show (March 13-16), as well as the Job Market and Health/MedTech expo (both March 12-13). The film conference and festival runs from March 11-19, and the SXSW music conference is March 15-20.

Sue Spolan is Director of Marketing at Zivtech, a Philadelphia startup that specializes in open source app and website development.

How Philly sees itself: Hub for health IT, civic hacking, tech diversity

Three areas where Philadelphia stands out.

January 13 | Technical.ly by Juliana Reyes

That’s when RoseAnn B. Rosenthal said it.

“I don’t want to be the Silicon Valley of anything,” said the longtime, esteemed CEO of state-backed investment firm Ben Franklin Technology Partners, sitting on a panel next to other healthcare and tech bigwigs who were part of the so-called Health Care Innovation Collaborative.

Ahh, shots fired.

Her comment was a clear, albeit playful, dig at Independence Blue Cross CEO Dan Hilferty, seated just to the left of her, who has been known to say that Philadelphia should become the “Silicon Valley of health IT.”

Hilferty picked it up immediately, and with grace: “From now on,” he said, “I will never use the term ‘Silicon Valley of healthcare innovation.’”

READ MORE

Hometown Glory: Get Startup Grants and Seed Investments From Your City

November 16, 2015 | Entrepreneur Magazine by Michelle Goodman

After earning an MBA from the Wharton School at the University of Pennsylvania, Ashrit Kamireddi was prepared to go wherever he had to in order to raise seed money to grow VeryApt, his apartment-review platform. But thanks to a $100,000 angel investment from Philadelphia’s StartUp PHL program, which invests in local entrepreneurs, he didn’t have to leave town. This was good news for Kamireddi, who has hired four full-time employees since raising a total of $270,000 in seed funds, and expanded his operations to 10 other cities. Philly, which launched its $6 million startup fund in 2012, is among several major cities offering grants and seed investments for entrepreneurs. Among them, Detroit boasts two venture funds for early-stage companies, with a portfolio of nearly 80 startups; Denver awards $35,000 in annual grants to new companies.

So, what’s the best way to gain access to these funds? To identify opportunities, check with your city’s economic development office, incubators, accelerators, co-working spaces, networking groups and anywhere else startup founders and advisors congregate. Begin building relationships long before you’re ready to raise capital—even a year or two in advance, advises Archna Sahay, Philadelphia’s manager of entrepreneurial investment, who regularly counsels entrepreneurs about pitching Startup PHL. “The minute you realize you want to take on the investment is when you need to start having that conversation,” she says.

READ MORE

From Fashion to Pop-Up Markets, New Grants Support Entrepreneurial Philly

November 6, 2015 | Next City by Cassie Owens

“Victoria Wright, Senpai & Kohai, Wild Mantle — these are some of the fashion brands that have hired sewers from the Refugee Women’s Textile Initiative, and put their work in stores. Last month, the Philadelphia-based RWTI won a grant for nearly $19,000, as part of StartUp PHL’s effort to spur entrepreneurship in the city. (The initiative is a collaboration from the commerce department and the Philadelphia Industrial Development Corporation.) In this latest funding round, six organizations received awards ranging from $6,000 to $25,000.”

Entrepreneurship wasn’t even in RWTI’s sights in the beginning. The group grew out of Philadelphia Burmese Women’s Initiative two years ago, and the seeds were sown when Jessica Lee, an organizer and Ph.D. candidate in social work at Bryn Mawr College, polled women to find out what activities they’d like to undertake. With sewing classes as a top result, Lee began to search for an ideal classroom. Enter designer-teacher Rachel Ford, and her school MADE Studios. The initiative has expanded beyond proper sewing, to a curriculum around textile arts, with artist Shira Walinsky bringing in local designers to collaborate with participants on weaving projects. But Ford has her eye on small-batch manufacturing.

“What I’ve come to realize in my own world is that everybody is a designer,” says Ford. “Everybody ultimately gets to a place where they want to scale things and hire other people to do their sewing. And as it is now, there’s really a lack for [that workforce.]”

READ MORE

Mayor Nutter, Deputy Mayor Greenberger Announce New Startup PHL Call for Ideas Awards

Announcement wraps up 10-day focus on startups and entrepreneurship in Philadelphia

PRESS RELEASE: Philadelphia, October 8, 2015 – Mayor Michael A. Nutter and Deputy Mayor for Economic Development Alan Greenberger announced a new round of Startup PHL Call for Ideas grants to organizations that provide programs and events to support entrepreneurship in Philadelphia.  The announcement comes at the end of a series of events and announcements related to startups, innovation and entrepreneurship in Philadelphia, kicking off with Steve Case’s Rise of the Rest Tour last week and including the Forbes Under 30 Conference which concluded yesterday.  The grants announced today help programs supporting a wide range of entrepreneurs across Philadelphia.

“Over the last week we have showcased our city’s startups and entrepreneurs to leaders from around the country and around the world, demonstrating that Philadelphia is one of America’s top startup cities,” said Mayor Nutter.  “Increasingly, people are learning that Philadelphia has all of the raw ingredients necessary to start and grow exciting companies.  I am confident that the attention our city receives will only continue to grow as more founders and entrepreneurs choose Philadelphia as their home city.”

The latest round of Startup PHL Call for Ideas grants provides funding to six organizations, bringing the total number of programs supported by this initiative to twenty.  The programs funded in this round include:

  • Asociacion Puertorriquenos En Marcha ($20,000) – APM will convert a parcel of land at 6th and Susquehanna into a pop-up market place and provide entrepreneurial training to aspiring and nascent entrepreneurs, creating a gateway for entrepreneurial activity in this community.

 

  • Corzo Center for the Creative Economy at the University of the Arts ($15,000) In January 2016, the Center – in partnership with the Philadelphia Free Library – will offer an interactive, program to those considering a business based in the creative economy.  Participants will also receive two hours of one-on-one consulting and the opportunity to apply for seed grants.

 

  • Refugee Women’s Textile Initiative ($18,548) – The RWTI will empower refugee women with sewing and textile skills and manufacturing contacts to create independent businesses, develop a cooperative store, and merge traditional textiles with new art forms to overcome poverty and gain economic mobility.

 

  • Schoolyard Ventures ($6,000) – Schoolyard Ventures will create a marketplace where teens with great ideas can connect with those who wish to fund them. After helping over 800 middle school and high school aged students launch businesses providing over $70,000 in direct micro-capital to them, Schoolyard Ventures has learned that as little as $250 can help a young person launch a business, as well as build skills and improve the lives of others in the city.

 

  • TechGirlz Charitable Foundation ($19,990) – TechGirlz will provide a stipend or college credit for high school and college students who teach the TechShopz in a Box Program in workshops throughout Philadelphia. TechShopz in a Box is a TechGirlz-developed curricula for middle school girls.

 

  • Tiny WPA ($25,000) – The Building Hero Project is a design, leadership and entrepreneurship incubator for individuals ages 16 and up who want to be a part of a diverse community of civic change agents. Participants will learn how to design and build products for sale and manage an eCommerce store.

Startup PHL is an initiative of the City of Philadelphia’s Commerce Department, PIDC, and First Round Capital to provide funding for early-stage companies and to support programs that develop the startup community in Philadelphia.  Through Startup PHL Funds and co-investments from First Round Capital, nine Philadelphia startups have received more than $1.1 million in combined seed stage or angel investment since October 2013, and through the Call For Ideas Grants twenty organizations have received more than $400,000 in funding to support entrepreneurship programming.  Just last week Mayor Nutter, Deputy Mayor Greenberger, PIDC and First Round Capital announced a $100,000 Startup PHL Angel Fund investment in Scholly, an education startup in Philadelphia connecting students to scholarship opportunities.  Scholly also won the Rise of the Rest pitch competition securing a $100,000 investment from AOL founder Steve Case.

“Our goal through Startup PHL is to provide more capital to growing startups in Philadelphia and to support collaboration and entrepreneurship across the city,” said Alan Greenberger, Deputy Mayor for Economic Development.  “We have invested around $1.5 million into our city’s ecosystem to date and, in the process, sought to elevate the profile of entrepreneurship in Philadelphia by working with incredible partners such as PIDC and First Round Capital.”

The applications were evaluated by officials from the City of Philadelphia’s Department of Commerce and PIDC along with representatives of the investment, academic, policy and startup communities.

###

Mayor Nutter Announces Startup PHL Investment in Scholly

Education startup the 9th Philly company to receive investment

PRESS RELEASE Philadelphia – Mayor Michael A. Nutter announced that the Startup PHL Angel Fund has made a $100,000 investment in Scholly, a Philadelphia startup which has developed an app that gives students a fast and simple way to find scholarships for college. Scholly also recently won the Rise of the Rest pitch competition securing a $100,000 investment from AOL founder Steve Case on his visit to Philadelphia earlier this week.

“My Administration has worked diligently to build on this city’s history of innovation by providing the support and programming needed by young companies to grow and prosper in Philadelphia,” Said Mayor Nutter. “More companies are choosing not just to launch in the City of Philadelphia but to stay and grow their businesses here as well. Talent is also staying and finding opportunities for themselves in the vibrant startup economy in Philadelphia. My Administration is proud to do all we can to continue to promote Philadelphia as one of America’s top startup cities. Thank you to our partners at PIDC and First Round Capital for making this work possible.”

Scholly has partnered with the White House’s My Brother’s Keeper Initiative to provide the app to 275k students across America each year. The app has also been endorsed by the Coca Cola Scholars Foundations and the Gates Millennium Scholars Foundation. In less than two years, Scholly has helped students raise at least $20 million in scholarship funds.

Scholly was recently on Shark Tank and was chosen as one of Inc. Magazine’s Top College Start Ups. The company has won UnderArmour’s Cupid’s Cup Competition as well as Drexel’s Incubator competition and was chosen as one of Philly’s Coolest Start Ups of 2013. Founder Christopher Gray, a recent graduate from Drexel and an Ernst and Young Entrepreneur of the Year for 2015 for Philadelphia, along with his co-founders Bryson Alef and Nick Pirollo launched the app in May 2013

“Startup PHL is a great opportunity for us and really shows that Philadelphia is growing as a startup ecosystem,” said Scholly founder Christopher Gray. “We are excited to make Philadelphia our home, create more jobs, and be a part of what will be one of the next hubs of entrepreneurship.”

Startup PHL is an initiative between the City of Philadelphia, PIDC, and First Round Capital to support the growth of startups in Philadelphia. The Startup PHL Seed Fund and Startup PHL Angel Fund are partnerships between PIDC and leading venture capital firm First Round Capital to make investments in Philadelphia-based startups. Scholly is the ninth company to receive an investment with $1,149,997 invested in Philly startups since 2013.

“I’ve known Chris since his days as a student investor with our Dorm Room Fund. He and his team at Scholly have accomplished an incredible amount in a very short period of time, and I’m thrilled to continue to work closely with them through Startup PHL.” said Josh Kopelman, Partner at First Round Capital.

“The success of the Startup PHL Initiative continues to showcase Philadelphia as a top competitor in the startup community,” said John Grady, President of PIDC. “PIDC is committed to investing in businesses like Scholly that not only serve Philadelphia’s economy but supports priorities like education. We are proud to partner with First Round Capital and look forward to supporting the next inventive entrepreneur.”

Startup PHL also provides grant funding through its Call for Ideas program. This grant program managed by the Department of Commerce provides grants to initiatives or organizations that are supporting startups and entrepreneurs in Philadelphia. The program has awarded over $300,000 in grants to date to support Philadelphia’s startup community through a range of organizations such as Startup Corps, Philly Startup Leaders, Ben Franklin Technology Partners, Campus Philly, Techgirlz and Coded by Kids. The next round of Call for Ideas grants will be made next week.

“Over the last few years Philadelphia’s profile as a city from which to launch and grow exciting, innovative companies has grown tremendously and the success of firms like Scholly is testament to that progress,” said Alan Greenberger, Deputy Mayor for Economic Development. “Philadelphia has become a city of choice for startups and for larger firms looking to acquire some of the top talent in the nation and I am proud of what we have been able to do to support the growth of this community.”