Author: Inquirer

The Philadelphia Region Won A New Federal Tech Hub Designation For Life Sciences

October 24, 2023

The Philadelphia tech hub will try to advance manufacturing and commercial development of cell and gene therapies. The Philadelphia region has been selected as one of 31 federal innovation and technology hubs, making the area eligible to compete for a grant of up to $75 million to advance the area’s life sciences industry, the Biden […]

Two Philly-Area Groups Vie For New Federal Regional Tech Hub Designation

August 18, 2023

Under the CHIPS and Science Act, the U.S. Commerce Department will award 20 or more winning regions $50 million to $75 million to create globally competitive industry clusters. Two Philly-area groups focused on biotechnology and precision medicine want to win a new federal designation as regional tech and innovation hubs under a U.S. Department […]

How Philly-Area Businesses And Start-Ups Can Tap Into $584M In New Federal Funding

March 29, 2023

$584 million in federal funding has been targeted for businesses in the Delaware Valley under the State Small Business Credit Initiative program. Millions in federal funding is earmarked for Pennsylvania, New Jersey, and Delaware to help small businesses. But where does it come from and how can local entrepreneurs get it? The money is coming […]

War Costs — And Sales — Mount For PA Companies With Ukraine Ties A Year After Russia Invaded

March 1, 2023

When Russia attacked Ukraine last February, investors such as Pennsylvania’s state pension funds rushed to dump their Russian investments, horrified at the prospect of profiting from the unprovoked invasion. And firms with Russian and Ukrainian operations, like the Newtown, Bucks County-based EPAM — an information technology outsourcing firm which counted more than 20,000 staff in […]

June 14, 2022

Just two companies, DoorDash and UberEats — both based in San Francisco — arrange five out of every six restaurant meal deliveries in the U.S. More than half of Americans have used meal delivery services, with the typical customer spending more than $200, in the first quarter of 2022, according to Bloomberg Second Measure. But […]

A Gusher of $584M in Federal Aid Will Soon Open for Pa., N.J., and Del. Business Owners. Are You getting Yours?

May 25, 2022

The U.S. Senate rejected legislation last week that could have provided small businesses with up to $48 billion of additional aid to help them recover from the pandemic. So is this the end? With the expiration of both the Paycheck Protection Program and the Economic Injury Disaster Loans from the Small Business Administration, does this […]

The Delco Company Where Corporate America’s Old Phones and Computers go to Die

January 31, 2022

CyberCrunch is totally bent on destruction. Its two plants, in Aston and out west in Greensburg, Pa., are places where familiar electronics from Philadelphia’s biggest employers go to die. More precisely, to be shredded into high-tech confetti that data thieves can’t pillage, then sold to recyclers. The more digitized and data-dependent our working lives become, […]

Deals That Transformed Philly’s Tech Scene in 2021

December 28, 2021

The relentless rise in U.S. tech stock prices since the last recession, and the private-company valuations that follow those stock trends, this year fueled a rush of deals by Big Tech and private-equity giants, reshaping the landscape of Philly’s technology employers alongside everyone else. Just last week, Oracle, the Silicon Valley business-software giant, which has […]

Philly’s BIPOC Entrepreneurs Get New Promises to Fund Businesses and Correct a Historic Deficit

October 6, 2021

Kimberly Wilson, a Black woman who struggled to get white doctors to take her symptoms seriously after a 2017 fibroids diagnosis, founded digital start-up HUED a year later to enable Black and Latino patients to find culturally sensitive medical care. Wilson is a model for what many in the region hope to encourage: a Black […]

How to Get Hired in Philly’s Growing Robotics Scene

March 22, 2021

Her interest in robotics started with the comics. “I read a lot of Batman and Iron Man as a kid” in Egypt, said Nour Hussein. “Seeing the high-tech stuff being used by superheroes was fantastic for teenaged me, and I wanted to create technology.” Hussein eventually came to the engineering school at the University of […]