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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 […]
Saved For A Rainy Day: 5 Pieces Of Advice For Founders And Investors Navigating An Economic Downturn
March 15, 2023
At Broad Street Angels’ annual meeting, Keriton’s Rich Mager and ROAR’s Yasmine Mustafa shared their experience as CEOs amid a challenging few years. Their advice was given three weeks ago, but since the demise of Silicon Valley Bank, it might have been more prescient than these startup pros realized. At its annual meeting the end […]
Philadelphia Venture Report 2022
March 7, 2023
Philadelphia’s VC ecosystem proved resilient in 2022 and now counts itself in the top five ecosystems in the United States in terms of deal flow. The city has taken in more than 1,000 investments over the past two years, worth $12.7 billion altogether. Long known as a biotech hub, Philadelphia is also gaining ground in […]
CollX Raises $5.5M To Scan And Evaluate Value Of Trading Cards
March 1, 2023
Card collectors often dispute how much their cards are worth. New Jersey-based CollX provides a free iOS and Android app to card enthusiasts that allows them to scan their trading cards and get value in return. Launched in January last year, the app has now more than 600,000 users who have scanned more than 100 million cards. CEO Ted Mann told […]
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 […]
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