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.

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Mayor Nutter Announces StartupPHL Investments, Creation of New StartupPHL Angel Fund, and Opens Latest ‘Call for Ideas’

Philadelphia, November 12, 2014 – Today Mayor Michael A. Nutter announced a range of investments in Philadelphia’s startups and entrepreneurs through Startup PHL, 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. The Startup PHL initiative encompasses a range of programs including the Call For Ideas, Startup PHL Funds, and the University City Science Center QED program. Through Startup PHL Funds and co-investments from First Round Capital six Philadelphia startups have received more than $1 million in combined seed or angel investment since October 2013, and through the Call For Ideas Grants ten organizations have received more than $200,000 in funding to support entrepreneurship programming.

“For Philadelphia to continue to grow we must be a city that welcomes exciting, innovative companies and the type of talented workforce that wants to work for those companies,” said Mayor Nutter.  “Through Startup PHL our goal is to send the message that Philadelphia is one of America’s great startup cities and that we are committed to helping entrepreneurs start and grow their businesses in our city.”

In October 2012 the City of Philadelphia, PIDC and First Round Capital announced the creation of the Startup PHL Seed Fund to invest in fast-growing startups in Philadelphia.  Today, First Round Capital and PIDC announced a combined $400,000 seed investment in Velano Vascular, an innovative medical device company, which has pioneered a needle-free method for drawing blood from hospitalized patients.  The company was recently recognized by the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National Hospital, Washington, DC and received a $50,000 prize for innovation in pediatric surgical care.

In addition to Velano Vascular, the Startup PHL Seed Fund has funded two other companies to date, including healthy meal delivery company Real Food Works, announced last year, and a third Philadelphia startup, which is not yet public. Also last year, PIDC made a $750,000 investment in the DreamIT Ventures program to support follow-on funding rounds of those companies participating in DreamIt Ventures’ highly successful accelerator programs.

Mayor Nutter also announced that PIDC and Josh Kopelman of First Round Capital have created the Startup PHL Angel Fund, which increases the range of Philadelphia funding options available to city’s earliest-stage startups.  Making investments from $25,000 to $100,000, the StartUp PHL Angel Fund co-invests alongside angel investors to help very early-stage companies build a minimum viable product or validate key assumptions.

“We are thrilled to contribute to the growing resources available to the Philadelphia community of entrepreneurs through the Startup PHL Seed and Angel Funds,” said Josh Kopelman, the founder of First Round Capital.  “PIDC has been a terrific partner in this endeavor, and we look forward to working with them and Mayor Nutter’s Administration to attract and support the next generation of Philly founders.”

Josh Kopelman and John Grady, President of PIDC, will announce the first three Startup PHL Angel Fund investments of $100,000 at an event this evening organized by Philly Startup Leaders, Technically Philly and Startup PHL to build connections between Philadelphia startups and young people studying in the city.

Squareknot is a way for people to create beautiful step-by-step guides. Users can collaborate on guides by branching off in separate directions to demonstrate their unique way of doing the same thing. By organizing steps and guides the same way that Google Maps might organize multiple routes, and combining that with the crowdsourcing philosophies of Wikipedia, Squareknot will become the de facto destination site for how to do things online.  Founder Jason Rappaport said, “When we were deciding where to put Squareknot, Philadelphia was a very clear choice for us. It’s turned out to be one of the smartest decisions we’ve ever made. Philly has proven itself to be one of the most supportive cities in the country. We feel like we can do something good and make a dent here.”

Tesorio enables companies to self-finance their daily operations, streamlining early payments on invoices so suppliers get paid early and buyers optimize returns on cash.  Carlos Vega, founder of Tesorio said, “Philly has a tight-knit and unassuming tech community that has been helpful at every step. Corporations and potential clients are always ready to talk. Investors and lawyers are accessible and generous with advice. Veteran entrepreneurs are collaborative and truly want to see you succeed. The strength of this network and abundance of talent from local universities drove us to choose Philly for Tesorio.”

VeryApt combines user reviews with big data analytics to deliver intelligent, personalized apartment recommendations.  Founder Ashrit Kamireddi explained his choice to locate in Philadelphia.  “When it came to choosing the long term headquarters for VeryApt, our primary focus was picking a city where we could hire high quality talent.  Philadelphia was the obvious choice because of its amazing universities, rapidly growing millennial population, and affordability. We have also been incredibly impressed by Mayor Nutter’s commitment to fostering entrepreneurship and we’re really excited to be part of Philly’s entrepreneurial revolution!”

“Together the Startup PHL Seed and Angel Funds provide much needed early stage capital to help make Philadelphia an attractive place for entrepreneurs,” said John Grady, President of PIDC. “PIDC is committed to driving growth throughout the city and our Startup PHL initiative is a great way to help support the growth for this important sector of Philadelphia’s economy. We are proud to partner with First Round Capital and Josh Kopelman to create these funds and invest in these terrific businesses to launch and grow here in Philadelphia.”

Finally Mayor Nutter announced that the City of Philadelphia’s Commerce Department is now accepting applications for the third round of Startup PHL Call for Ideas, a program providing grants to initiatives or organizations that are supporting startups and entrepreneurs in Philadelphia.  The program has provided ten grants to date investing $217,400 in Philadelphia’s startup community through a range of organizations such as Startup Corps, Philly Startup Leaders, Ben Franklin Technology Partners, Campus Philly, and the Philly Dev Camp.  The closing date for applications for the third Call for Ideas is Friday January 2, 2015.  Further information, along with details of previous investments and how to apply, can be found at www.startupphl.com.

“Supporting startups and entrepreneurs across Philadelphia through programs such as Startup PHL is one of our top priorities and we’re seeing real success from these efforts,” said Alan Greenberger, Deputy Mayor for Economic Development.  “Businesses from across the region, country and around the world are giving Philadelphia a second look as a place to locate due to our talented workforce, our livable downtown, the strong network to plug into, and the ease of doing business in our city.  It is thanks to partners such as PIDC and First Round Capital that the case for moving a business to Philadelphia is an increasingly convincing case to make.”

The growth of Philadelphia as a startup hub is an exciting trend for the future of the city.  From major corporations such as Comcast and Independence Blue Cross investing in innovation to the continued growth of grassroots efforts such as Philly Startup Leaders, N3RD Street, and Philly Tech Week, recent years have seen an increase in the level of activity supporting startups.  Companies such as RJ Metrics, Cloudmine, and Leadnomics have raised venture capital and moved into larger office space while businesses such as SevOne, Think Brownstone, and Eastern Standard have established Philadelphia offices.

PRESS RELEASE: Mayor Nutter, First Round Capital and PIDC Announce First Startup PHL Seed Fund Investment

Real Food Works moves headquarters to Philadelphia, receives $200,000 seed investment.

October 24, 2013 – Mayor Michael A. Nutter, along with First Round Capital and the Philadelphia Industrial Development Corporation (PIDC), announced that Real Food Works will receive the first investment from the Startup PHL Seed Fund. Real Food Works partners with local restaurants to provide customers with healthy prepared meals. It will receive a $200,000 investment from the Startup PHL Seed Fund.

“The goal of Startup PHL is to help innovative new companies to start and grow in Philadelphia, and this investment in Real Food Works is an example of that strategy,” said Mayor Nutter. “Lucinda and her team have created a company that supports the local economy and encourages people to eat healthy food. This investment will allow Real Food Works to continue growing and is the first of many investments in Philadelphia startups that will be made through Startup PHL.”

Real Food Works will receive a $200,000 investment from the Startup PHL Seed Fund, a $6 million seed stage investment fund, in which both PIDC and First Round Capital have invested $3 million. First Round Capital manages the fund.

John Grady, President of PIDC said, “We are proud of our partnership with First Round Capital and the City of Philadelphia to launch the Startup PHL Seed fund to increase the availability of seed-stage capital and to help make Philadelphia an attractive place for entrepreneurs. As a successful startup that has relocated to Philadelphia, Real Food Works is a perfect demonstration of the power of the Startup PHL Seed Fund making the City a great environment to launch and grow business.”

First Round Capital Managing Partner Josh Kopelman said, “We are excited to contribute to the growing vibrancy of the Philadelphia startup ecosystem, to be working with innovative partners, the Philadelphia Industrial Development Corporation and the City of Philadelphia. We are thrilled that our first investment together is in such a great company and entrepreneur. Real Food Works is tapping into an important trend of healthier eating, and the company’s scalable model and technology promises great growth. And, of course, backing a proven entrepreneur gives us tremendous confidence.”

Lucinda Duncalfe, Founder and CEO of Real Food Works, created the company after being inspired to eat a more healthy diet. She founded Real Food Works in May 2012 and incubated the company at Monetate in Conshohocken, Pennsylvania. In June 2013, Duncalfe moved Real Food Works to Philadelphia, where it is currently located at 224 North Juniper Street. Real Food Works employs 10 people.

“The investments from First Round Capital, Startup PHL and Benjamin Franklin Technology Partners are a vote of confidence in Real Food Works’ vision, technology, and team,” said Duncalfe. “We’re grateful for their support, and look forward to working together to make our dream of a healthier America based on a real food diet a reality.”

Benjamin Franklin Technology Partners of Southeastern PA is also an investor in Real Food Works. President and CEO RoseAnn Rosenthal added, “We’re happy to, once more, be an investor in one of Lucinda’s ventures. We’ve partnered in the past and are thrilled to see her launch yet another enterprise. Her actions reflect the commitment and confidence of entrepreneurs who have achieved success, here, and who are choosing to do it again, here.”

Mayor Nutter launched the Startup PHL initiative in October 2012. In March 2013, the City and PIDC announced that First Round Capital would manage the Startup PHL Seed Fund. The Startup PHL Call for Ideas, another portion of the initiative, is designed to provide small grants to organizations working to support entrepreneurs in Philadelphia. The second round of funding will be announced next week by the Department of Commerce, led by Alan Greenberger, Deputy Mayor for Economic Development.

“Philadelphia is increasingly seen as a home for startups, entrepreneurs and investment with more and more companies locating here” said Greenberger. “Startup PHL is the City’s effort – in partnership with First Round Capital and PIDC – to support this growth and attract new job-creating businesses, firmly establishing Philadelphia as a hub for innovation and entrepreneurship.”

Startup PHL:
Startup PHL is a collaborative effort between the City of Philadelphia Department of Commerce and the Philadelphia Industrial Development Corporation (PIDC). The Startup PHL Seed Fund is an effort by the City of Philadelphia and PIDC to increase the availability of investment capital for Philadelphia-based startups. The Startup PHL Call for Ideas is a grant program to support innovative proposals for ideas that support business creation and entrepreneurs of all stripes in Philadelphia. More information about Startup PHL can be found at www.startupphl.com. More information about the City of Philadelphia Department of Commerce can be found at www.phila.gov/commerce.

Real Food Works:
Real Food Works delivers fresh meals made with only all-natural whole food ingredients. The meals are developed and cooked fresh by a network of local independent restaurants, which create specific meals to meet the real food diet’s nutritional requirements — ensuring delicious, nutritious food. The real food diet has been popularized in New York Times bestsellers, including The China Study, VB6, and Whole, the Amazon best-selling documentary Forks over Knives, and by celebrities including Alec Baldwin, Gwyneth Paltrow and Alicia Silverstone. Located in Philadelphia, the company was founded by seasoned entrepreneur and healthy food fanatic Lucinda Duncalfe and is backed by leading investors. For more information, visit https://www.realfoodworks.com/.

Philadelphia Industrial Development Corporation:
Beginning in 1958 as a non-profit joint venture between the City of Philadelphia and the Greater Philadelphia Chamber of Commerce, PIDC is Philadelphia’s economic development corporation. In the past 55 years, PIDC has invested more than $11.4 billion in Philadelphia supporting $21 billion of total project costs. Currently managing a diverse loan portfolio in excess of $600 million, PIDC brings years of experience and a wealth of knowledge to structuring real estate and financing transactions that attract investment and create and retain jobs in the City of Philadelphia. PIDC has partnered with First Round Capital to create a $6 million public/private venture fund, the Startup PHL Seed Fund. Both PIDC and First Round Capital have invested $3 million and First Round Capital manages the fund increase the availability of investment capital for Philadelphia-based entrepreneurs.

Ben Franklin Technology Partners of Southeastern Pennsylvania:
Celebrating its 30th Anniversary, Ben Franklin Technology Partners of Southeastern Pennsylvania is a national, award winning organization that provides capital, knowledge and networks that help innovative enterprises generate jobs and economic growth. Ben Franklin is the single largest investor in seed-stage companies in this region, and is one of the most active seed-stage investors in the United States. Three-quarters of all recent venture funded companies in the Greater Philadelphia region had previously received funding from Ben Franklin. The Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority.

Philadelphia Welcomes Entrepreneurs

Philadelphia’s own NextFab, a high-tech workshop and prototyping center, will host a casting call for ABC’s Shark Tank reality show on May 11th. This is the only East Coast casting call, and the expectation is that more than 500 folks from the region will travel to Philadelphia for the opportunity to spend two minutes with producers.

Local media has taken notice, and Next Fab is prepared. Participants can find up to the minute information on transportation and visitor information, and special pre-event practice sessions, by subscribing to the NextFab Shark Tank mailing list and by following NextFab on Facebook and Twitter. You can also follow the conversation via #SharkTankPHL on Twitter and Instagram.

Visiting entrepreneurs take note: Philadelphia is a growing hub for entrepreneurs. With changes to the City’s tax code, zones that offer tax credits and savings, and a growing investment community, Philadelphia has a lot to offer growing companies. 

Jump Start Philly is designed to attract new businesses and entrepreneurs that create jobs to Philadelphia by exempting them from paying the Business Income and Receipts Tax during the first two years of operations. Additionally, fees will be waived for eligible new businesses for a variety of licenses and registrations, including the Commercial Activity License, formerly the Business Privilege License.

Philadelphia Job Creation Tax CreditTo qualify for the credit, a business must demonstrate the ability to create at least 25 new full-time jobs, or increase full-time workforce by at least 20% within the required five-year period. The business must also demonstrate financial stability, project viability and the intention to maintain operations within the City for a period of 5 years from the date the tax credit certificate is submitted to the Philadelphia Department of Revenue.

Keystone Innovation Zones (KIZ) are specially designated areas throughout Pennsylvania that receive special tax treatment. Philadelphia’s KIZ is administered by the University City Science Center KIZ program. Although often Life Sciences focused, KIZ benefits have been expanded to include Information Technology companies. You can also learn more about KIZs here.

Tech companies located in Philadelphia can also apply to the Startup PHL Seed Fund, a $6 million investment fund that helps tech startups grow.

 

First Round Capital to Manage $6 Million Startup PHL Seed Fund

Philadelphia, March 19, 2013 – Mayor Michael A. Nutter announced today that the Philadelphia Industrial Development Corporation (PIDC) will partner with First Round Capital, one of the most active investment firms in the country, to invest in and manage the Startup PHL Seed Fund, a new effort by the City of Philadelphia and PIDC to increase the availability of investment capital for Philadelphia-based startups.  Both PIDC and First Round Capital will invest $3 million and First Round Capital will manage the fund to make early-stage investments on behalf of the Startup PHL Seed Fund.  First Round Capital will not receive a management fee, or any other form of compensation, for managing the Startup PHL Seed Fund.

“Supporting entrepreneurs, startups and small businesses in Philadelphia is a priority for my Administration and is crucial for the future of our city. I am thrilled that one of the leading investment firms in the country will partner with us in this effort,” said Mayor Michael A. Nutter.  “Josh Kopelman is one of the most successful investors in the venture community and a leading entrepreneur who has demonstrated his commitment to this city time and time again.  With his help and the support of our entrepreneurial community, Philadelphia will once again be recognized as one of America’s leading cities for innovation and entrepreneurship.”

Josh Kopelman, First Round Capital’s founder, said, “We are thrilled to be participating in this effort. Mayor Nutter’s Administration has been very supportive of entrepreneurship and the Startup PHL Seed Fund is a very concrete example of how the City of Philadelphia is dedicating real attention and resources towards helping founders succeed in America’s founding city.”

‘We want the next company that’s born here to mature here:’ PIDC Senior Vice President Sam Rhoads on city’s StartupPHL Fund

November 16, 2012 | Technically Philly by Juliana Reyes

“During Tuesday’s information session on the city’s StartupPHL matching seed stage investment initiative, Sam Rhoads made one thing very clear: the city does not want the tech startups that get funded by the proposed $6 million city-backed fund to move to the suburbs — or anywhere, for that matter — once they receive investment

“We want the next company that’s born here to mature here,” said Rhoads, the Philadelphia Industrial Development Corporation‘s (PIDC) Senior Vice President of Finance. (On the other hand, the venture capital firm that handles the fund does not have to be within city limits.)…”

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Philadelphia Forms $6M Seed Fund Startup PHL to Keep Talent in Town

October 26, 2012 | Dow Jones, VentureWire

“Could the City of Brotherly Love do more to keep entrepreneurs in a long-term relationship? Philadelphia Mayor Michael A. Nutter believes yes. To that end, his administration is putting $3 million of public money up to launch Startup PHL, a $6 million total seed fund that will back companies committed to staying in Philadelphia…”

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Philadelphia Mayor to startups: Take the money and don’t run

October 26, 2012 | PandoDaily by Hamish McKenzie

“Philly has a problem: It struggles to keep good startups in the city. AdMob, Milo, Invite Media, Warby Parker, Venmo – they all started in Philadelphia. And they all left. The city, densely packed with great universities and tens of thousands of smart students, doesn’t have a problem with generating good ideas and getting young entrepreneurs started. It’s the support, early stage capital, and deep experience that have been lacking. Part of that might be about to change…”

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Mayor Nutter Launches Startup PHL

PRESS RELEASE: October 26, 2012

MAYOR NUTTER LAUNCHES STARTUP PHL, AN INITIATIVE TO SUPPORT PHILADELPHIA STARTUPS AND ENTREPRENEURS

Initial measures include public-private seed fund and ‘Call for Ideas’

Philadelphia, October 26, 2012 – Today Mayor Michael A. Nutter announced the creation of Startup PHL, an exciting new initiative to support Philadelphia startups and entrepreneurs. The initiative – a partnership between the City of Philadelphia and the Philadelphia Industrial Development Corporation – aims to increase the availability of seed-stage capital for startups and accelerate the development of a supportive environment for entrepreneurs already in the city, as well as establishing Philadelphia as a city of choice for new startups and entrepreneurs.

“Philadelphia is increasingly home to a dynamic, innovative startup and entrepreneurial community who are putting this city on the map as the place to be if you’re an entrepreneur,” said Mayor Michael A. Nutter. “The goal of Startup PHL is to build upon and support so much of the good work that is already being done, building more businesses, creating more jobs, and expanding entrepreneurial opportunities to even more Philadelphians.”

Startup PHL is initially composed of two initiatives:

The Startup PHL Seed Fund is a public/private venture fund which will make seed-stage investments in Philadelphia-based tech startups. PIDC will seed the fund with $3 million to be matched and managed by a private investment firm that will make investments on behalf of the fund. An RFP will be issued today to receive proposals from firms interested in matching and managing the fund. More information can be found at www.startupphl.com.

The Startup PHL Call for Ideas is a $500,000 fund to support innovative, exciting proposals for ideas and programs that support startups and entrepreneurs of all stripes in Philadelphia. The goal of this fund is to make grants to proposals that enhance collaboration in the startup community; attract new entrepreneurs from both within and outside the city; foster networks for entrepreneurs to collaborate with each other, mentors, talent and investors; and ultimately lead to more business and job creation in Philadelphia. To learn more and to submit an idea visit www.startupphl.com.

Deputy Mayor for Economic Development, Alan Greenberger, who has led this effort for the Nutter Administration said, “We want to establish Philadelphia as a city where entrepreneurs can conceive of new ideas, grow their companies, hire people and, ultimately, stay. Since 2007 just four companies account for more than $1 billion worth of Philadelphia startups that have left the city in search of funding. Through Startup PHL we want to help more of those companies stay and grow in Philly by providing more capital and by tapping into the incredible imagination and creativity of our entrepreneurial community and partner with them to support startups and entrepreneurs in Philadelphia.”

Philadelphia has an incredible array of assets conducive to building a supportive environment for successful entrepreneurs and startups:

  • World-class higher education and research facilities
  • A dynamic and growing startup and entrepreneurial community
  • A burgeoning network of incubators and accelerators which are drawing entrepreneurs from around
  • the United States and the world to Philadelphia
  • A quality of life that is encouraging population growth, particularly among young people
  • Affordable lifestyle and environment in which to build a business
  • Tax structure increasingly favorable to small businesses, job creation and investment

The goal of Startup PHL – and many other partners long-engaged in this work – is to capitalize upon these assets, remove barriers to success, act as a catalyst, and grow Philadelphia’s entrepreneurial community.

“The City’s announcement today is music to the ears of all startup entrepreneurs; another path to capital, another source of hope for us to build businesses in Philadelphia,” said Philadelphia entrepreneur Khushboo Shah, CEO of Philadelphia startup Cirrimize, who spoke at the press conference about her company’s opportunity to grow in the City.

Establishing Philadelphia as a city of choice for startups and entrepreneurs is crucial for the future growth of the city and the region. This priority has been reinforced by the World Class Greater Philadelphia initiative – a regional improvement effort supported by more than 1,500 area business, nonprofit, government and community leaders coordinated by the Economy League of Greater Philadelphia – which earlier this year identified supporting our entrepreneurial community and increasing availability of growth capital as key business growth priorities for our region. “By focusing on growth capital for startups and supporting entrepreneurial networks, the City is making the kinds of investments that will drive business growth in our region over the long run,” said Economy League Executive Director Steve Wray. “These efforts are wholly in line with the priority regional strategies that are emerging through the World Class initiative.”

Partnering with the Department of Commerce on this initiative is the Philadelphia Industrial Development Corporation (PIDC). “Startup PHL is a perfect example of the partnership between the public and private sectors which PIDC embodies,” said PIDC President John Grady. “Our contribution to the Startup PHL Seed Fund will be leveraged with even greater private resources to fill a gap in the marketplace and provide muchneeded seed capital to startup companies in Philadelphia’s growing technology sector. We appreciate the opportunity to partner with Mayor Nutter and the entrepreneurial community to help make Philadelphia the smart choice for startups.”

Leading figures from the Philadelphia startup and entrepreneurial community welcomed today’s announcement. “This is a great day for Philadelphia and Philadelphia’s entrepreneurs,” said Bob Moul, CEO of appRenaissance and president of Philly Startup Leaders. “We choose to live and work in Philly because we love this city and because Philly offers an incredibly high ratio of opportunity to quality of life. It’s great to see the city now investing in us. We thank the Mayor, the administration, and PIDC for believing in us and we look forward to accelerating our work together to build sustainable and socially responsible businesses in Philadelphia.”

Long-time advocate and champion of entrepreneurs in Philadelphia, Steve Goodman of Morgan Lewis, said, “The initiatives announced today by Mayor Nutter tangibly place the City’s resources and muscle behind closing the funding gap, and are a culmination and new starting point in achieving the fruition of what I have depicted as the cosmic convergence.”

More information on Startup PHL can be found at www.startupphl.com or by following @startupphl on Twitter. Startup PHL complements a wider range of programs and measures to support small businesses and entrepreneurs in Philadelphia administered by the Department of Commerce, more information can be found at www.phila.gov/business.