Author: Inquirer
The Philadelphia Region Won A New Federal Tech Hub Designation For Life Sciences
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 […]
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... Read More >Two Philly-Area Groups Vie For New Federal Regional Tech Hub Designation
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 […]
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... Read More >How Philly-Area Businesses And Start-Ups Can Tap Into $584M In New Federal Funding
$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 […]
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... Read More >War Costs — And Sales — Mount For PA Companies With Ukraine Ties A Year After Russia Invaded
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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... Read More >Philly-Area Tech Firm Aims to Deliver Food More Cheaply Than DoorDash or UberEats
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 […]
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