Author: pbj_repost

Philadelphia is the Top Emerging Startup Ecosystem in the U.S., Report Says

July 10, 2020

Philadelphia is the top emerging startup ecosystem in the United States, according to a new report from startup research firm Startup Genome. The list of the top 100 emerging startup ecosystems in the world was released as part of Startup Genome’s Global Startup Ecosystem Report released Thursday. Unlike its rankings focused on the top ecosystems […]

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CEO RoseAnn Rosenthal Explains Why She’s Leaving Ben Franklin Technology Partners

June 24, 2020

After 25 years of leading the Philadelphia region’s most active seed fund, RoseAnn B. Rosenthal is preparing to hand over the reins of state-backed Ben Franklin Technology Partners of Southeastern Pennsylvania to a new leader. Current Chief Investment Officer Scott Nissenbaum will take on the title of president and chief operating officer on July 1 […]

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RoseAnn Rosenthal Stepping Down as CEO of Ben Franklin Technology Partners

June 18, 2020

One of the most influential figures in Philadelphia’s venture capital world is stepping down from her day job. RoseAnn B. Rosenthal, the longtime president and CEO of Ben Franklin Technology Partners of Southeastern Pennsylvania, plans to leave her role at the prolific seed fund in early 2021. The leadership transition will begin on July 1, […]

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How Philly Startup Leaders Turned a Tweet Into $450K for Underrepresented Entrepreneurs

June 17, 2020

It started with an email, followed by a tweet, and led to almost half a million dollars in new grant funds for underrepresented entrepreneurs. On May 31, after protests against police brutality and systemic racism began spreading across the country, Philly Startup Leaders Executive Director Kiera Smalls sent an email to a list of roughly […]

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How Philly Startup Leaders Turned a Tweet Into $450K for Underrepresented Entrepreneurs

June 16, 2020

It started with an email, followed by a tweet, and led to almost half a million dollars in new grant funds for underrepresented entrepreneurs. On May 31, after protests against police brutality and systemic racism began spreading across the country, Philly Startup Leaders Executive Director Kiera Smalls sent an email to a list of roughly […]

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Can a Free Lyft Ride Help Combat Opioid Addiction? Philly Startup Gets $252,000 to Find Out

June 15, 2020

A Philadelphia-based tech company is joining with the University of Pennsylvania, Lyft and a California health system to test out a thesis — affordable and reliable transportation can make it easier for patients to recover from opioid addictions. Roundtrip, based in Old City, makes a platform that helps health care providers coordinate patient transportation, anything […]

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Due Diligence During Covid-19: How Osage Venture Partners Vetted its Latest $3M Investment Remotely

May 18, 2020

After spending 15 years investing in early-stage software companies, Bala Cynwyd-based Osage Venture Partners just recorded a first. Its $3 million investment into contract management software company Malbek, announced Tuesday morning, marked the first time the firm completed its due diligence process during a global pandemic. The shift took hours and hours of Zoom meetings […]

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Straight Talk – A look at how the region’s economic development officials are tackling the pandemic.

May 7, 2020

Greater Philadelphia’s economic development agencies are gearing up for a slow reopening of businesses across the region, and leaders of those organizations say companies need to be prepared to spend some extra cash in a post-pandemic economy. The Philadelphia Business Journal brought together leaders from local economic development agencies for a live discussion about their […]

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SINK OR SWIM Inside the Covid-19 Impact on Philadelphia’s Startups, Investors

April 27, 2020

Running a startup is hard. Talk to any founder and they’ll have a story about hard-fought survival and how grit or a few strokes of luck meant the difference between shutting their company’s doors or raising that next round of cash. During the Covid-19 pandemic, their jobs – and the work of investors who back […]

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Ben Franklin to Deploy $2M to Help Struggling Philly-Area Startups, but Funding Threat Looms

April 24, 2020

The most active seed fund in the Philadelphia region is preparing to deploy $2 million in new capital to help struggling startups stay afloat and help fight the Covid-19 pandemic, but a potential threat to its state funding looms in Harrisburg. Ben Franklin Technology Partners of Southeastern Pennsylvania, a state-backed nonprofit, announced late Thursday it […]

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