Impact

Biomeme To Launch Portable Sample-To-Answer PCR System, Host-Response Testing

October 4, 2022

The pandemic wrought remarkable changes in diagnostics, some of which may improve healthcare for future generations. It also precipitated a dramatic expansion for Philadelphia-based mini PCR instrument and assay developer Biomeme. The company is now using revenues from CAP and CLIA accredited testing labs it owns to create a sample-to-answer instrument and further differentiate itself […]

Social Impact Has Value. Are You Capturing It?

August 26, 2022

The first step for your business is “to understand what impact you are having and be able to articulate it.” Start with ImpactPHL’s new Investable Impact Toolkit. What is the purpose of business? Many will suggest that the purpose is to create value. Traditionally that means creating a product or service that customers will pay […]

Generation Change Philly: The Impact Investor Evangelist

August 25, 2022

Engineer-turned-angel investor John Moore helped launch ImpactPHL with the goal of making Philly the social impact investment capital of the country. Five years later, he may be succeeding. Agame of darts brought angel investor John Moore to Philadelphia in 2003. A Harrisburg native trained as an engineer, Moore lived with his family in Wilmington, Delaware, from […]

Hair Scarves And Sea Life Savers Won Big At Pennovation Accelerator’s 2022 Pitch Day

August 2, 2022

Ten founders shared their startups at the accelerator’s fifth annual pitch event. Here’s how it went down. Peach Brown, founder of Sledge Scarves, drove home the strength of her non-slip hair scarves by lifting a bowling ball with one in front of pitch judges. The feat of strength came during Pennovation Accelerator’s fifth annual pitch day on Wednesday. […]

Science Center’s New Startup Development Program Is Aimed At First-Gen STEM Students

July 29, 2022

The STEM Founders Fellowship will give 10 postgraduate degree candidates $50,000 and a full year of support to turn their research or idea into a business. As Philadelphia expands its reputation and capacity for the life sciences industry, it’s also folding in efforts toward accessibility. A unique program coming to the University City Science Center in the form […]

‘Is It The Right Time To Do This?’

July 28, 2022

Omar Mencin, Ben Franklin Technology Partners’ managing director of tech, has some suggestions on whether now is the best moment to build a company — and how the investor can help. As a founder or entrepreneur, when you concentrate hard on the headlines, you’re bound to get a headache. Even amidst the seemingly strange news […]

Philadelphia on The Cusp of Becoming a Top 10 Startup Ecosystem in The U.S., Report Finds

June 15, 2022

Philadelphia has the world’s 27th-best startup ecosystem and ranks at No. 11 in the U.S., according to an annual report by Startup Genome. The city inched forward one spot in both the international and national rankings after coming in at No. 28 and No. 12, respectively, in 2021. This year, the report lauded Philadelphia for […]

Philly is Movin’ on Up in the Top 30 List for Global Startup Ecosystems

June 15, 2022

For the third year in a row, Philly is trending upward on the Startup Genome’s Global Startup Ecosystem Report (GSER) report. After ranking No. 28 on the org’s global list for best ecosystems for startups in 2021, Philadelphia lands at No. 27 in 2022. In 2020, Philly was ranked as the top “emerging” startup ecosystem […]

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 […]

How Do You Raise Your First VC Round or Set Your Startup Valuation? These Philly Investors Have Some Advice

May 17, 2022

If you’re a first-time founder looking to raise an institutional round of venture capital for the first time, how do you know where to start? How does one know how much to raise or where their valuation lies? It’s a position many startup founders will find themselves in within their first few years. It’s also […]