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Shaking Through 'incubator' makes music people can see

Weathervane Music is not a record label. It's an ecosystem, according to founder and executive director Brian McTear. The recording industry as we knew it a decade ago is gone, and that's probably a good thing, because artists rarely benefited from a top heavy system which rewarded executives while creating a kind of indentured servitude for musicians.

Weathervane's non-profit Shaking Through project sprouted from the idea of growing a musician's career from the ground up. Now in its second year and funded by a two-year, $50,000 grant from WXPN, Shaking Through takes the budding musician out of the garage and into a high end studio, complete with a seasoned producer who is redefined as a curator. In 2010, Shaking Through created 10 song and video packages; so far in 2011, six episodes have been released.

While plenty of things were wrong about the old system, some aspects were pretty great. A sharp editorial ear. State of the art recording studios. High production value music videos. "Everyone can make recordings in their bedrooms," says McTear. "We were trying to come up with a way to provide holistic grass roots support." McTear recasts the Kensington-based Shaking Through as a new music incubator.

Reserving the best qualities of the old industry while adding a millennial spin, "Shaking Through shows the birth of a song by an emerging artist," explains McTear, providing a transformational, collaborative production experience. Bands are selected by guest curators, who are respected members of the music community. Recent curators include WXPN's Bruce Warren; Ben Swanson, co-founder of the indie label Secretly Canadian; the Pelly Twins, sisters who DJ and blog about music; and Peter Silberman of the band The Antlers. Some curators participate in the 2-3 day sessions, which have an estimated value of about $10,000, far beyond the reach of emerging artists.

McTear, who also runs the for-profit Miner Street Studios, says the project is totally unique from all other music and video series on the web because Shaking Through sessions produce brand new material. Each month, Shaking Through creates a song and accompanying music video shot during production. The audience has a chance to go behind the scenes, get to know each artist, and lift the curtain on a previously invisible process.

McTear points to the success of Shaking Through artist Sharon Van Etten, who was recently signed to the Jagjaguwar label. Other emerging artists who've been shaken through include Strapping Field Hands, Reading Rainbow and Hezekiah Jones.

The future of Shaking Through depends on funding and other revenue streams. While McTear is in renewal talks now with WXPN, he is seeking additional sponsorship. He adds that music and video licensing could prove profitable over time.

Source: Brian McTear, Shaking Through
Writer: Sue Spolan

Local bipartisan effort to boost life sciences aims to maintain region's edge

Concerns about money are raising the legislative roof at the federal level. Meanwhile, jobs and innovation are flowing out of the US and into China, India and the EU. The US biopharmaceutical industry is undergoing major changes. Hundreds of small and medium sized firms require intensive capital to conduct research. Major players in the industry, including Sanofi-Aventis,Merck, Pfizer and AstraZeneca, have cut more than 43,000 jobs nationwide as of September 2010. Health care reform adds more uncertainty to the industry at large.

Rather than attempt to allocate nonexistent federal money for life sciences research and development, Representatives Chakah Fattah, Allyson Schwartz, and Pat Meehan, along with Senator Robert Casey Jr., have a plan to provide money on a national level for the life sciences industry though tax incentives. On July 25, the bipartisan group introduced The Life Sciences Jobs and Investment Act of 2011 at the University City Science Center, a locus of life science research.

"This legislation is about inventing the future," says Casey. "In Pennsylvania, we don't wait for events to overtake us."

Southeastern Pennsylvania's political leaders have a vested interest in life sciences, according to Schwartz, who pointed to the concentration of teaching hospitals, medical research and life science entrepreneurs here.

"It's one of the aspects of the American economy where we are still leading, but we won't continue if we can't compete," said Meehan, who stressed that the bipartisan effort will have a much better chance of passing. Schwartz added, "It's not an easy time to get anything done in Washington."

The legislation, introduced on July 25, doubles the credit from 20 to 40 percent for the first $150 million of life sciences research and development. Also, to encourage domestic productivity, companies that bring foreign profits back to the United States will enjoy a reduced tax rate, as long as those funds that are used to hire domestic scientists and researchers and make new investments in American research and development.

Source: Robert Casey Jr., Allyson Schwartz, Pat Meehan, US Congress
Writer: Sue Spolan

Community innovation at Stake with thriving local and organic fundraising dinners

You can have your stake and eat it too at this local micro-funding event. Philly Stake provides fast funding for great ideas, with a heaping helping of local cuisine and good cheer. On July 17, the group set up at Historic Bartram's Garden on the banks of the Schuylkill River in Southwest Philadelphia.

A sliding scale admission fee of up to $20 gave over 250 attendees the opportunity to hear about 10 local startup projects while enjoying a locally sourced organic dinner. It was immediate gratification. At the end of the night, three groups were handed cash to carry out proposals.

Tidal Schuylkill River Tour received $1,000 to collaborate with the Philadelphia Wooden Boat Factory in creating a vessel that will go out on a river tour; Fair Grounds won $600 to build a food and sculpture garden in East Kensington; and Sunday Suppers received $500 to encourage family dinners in low income areas of Philadelphia.

Theresa Rose, who by day works for the City of Philadelphia's Office of Arts, Culture and The Creative Economy, is the founder of Philly Stake, which is not connected with her work for the government. "I was excited about the idea of having a platform for people to get together and share ideas," says Rose. "There's so much going on in Philadelphia, but not so many outlets for us to share with each other." The July event was the third in the growing series, which began last September.

A shorts and sundress clad crowd set up blankets on a grassy bank overlooking the 46-acre botanic gardens and enjoyed a summer menu that included veggie and meat tamales, salads, dessert, beer and wine served on vintage plates collected at local thrift stores. Ten fundraising hopefuls, chosen randomly from a pool of 21 applicants, presented projects. Voting ballots were collected and tabulated on the spot to determine the night's winners.

It takes a lot of volunteer effort to orchestrate Philly Stake. There are 18 dedicated core organizers, according to Rose, who donate time and skills, including chefs Eliot Strathman and Eric Blasco. Rose got the idea for the program after attending Feast in Brooklyn and says it fulfills a need for a place to exchange creative ideas and foster connections. The next Stake dinner is planned for this fall in Center City.

Source: Theresa Rose, Philly Stake
Writer: Sue Spolan


Cluster-struck: Assessing the future of industry clusters

As America races to maintain standing in the global economy, industry clusters have been touted as a key strategy for technological innovation. While Silicon Valley and North Carolina's Research Triangle are held as bright spots where higher education meets high tech, few innovation clusters are successful. A recent column in the Washington Post dubbed government funded industry clusters "the modern day snake oil," doomed to fail.

At the third annual Regional Affinity Incubation Network (RAIN) meeting, held last week at the University City Science Center, David Finegold, Dean of Rutgers' School of Management and Labor Relations, responded. "A lot of efforts haven't panned out, but industry clusters are not without hope." He explained that early efforts were "real estate plays." What sets the tri-state region apart is the ability to build from that which is distinctive about this area, said Finegold, rather than starting from scratch and hoping that if it's built, innovation will come.

New Jersey, in particular, has nowhere to go but up, having ranked last in 2010 in U.S. job creation. While traditionally the state was a leader in biopharma and telecommunications, these industries made up a large-firm culture, and it's now time to build diverse networks, according to Finegold.

The University City District in Philadelphia is a 2.5 square mile powerhouse of commercial and institutional vitality, employing 70,000 people, according to UCD president Matthew Bergheiser. Forty percent of NIH funding in Pennsylvania is granted to projects within the boundaries of University City, and the Science Center has long been a fertile startup breeding ground that encourages organic growth, rather than superimposing ideas of innovation on an otherwise bereft area.

In Delaware, by contrast, plans are underway to convert Newark's former Chrysler assembly plant into an 250 acre innovation hub complete with living and working space, with an existing rail station to encourage commuters, and the potential to create collaboration across state lines, according to David Weir, PhD, Director of the Office of the Economic Innovation & Partnerships at the University of Delaware.

With a continued soft real estate market, Finegold offers that the way out of the recession is through leveraging human capabilities and university facilities. "We already have a great talent base here," said Finegold of efforts in Pennsylvania, New Jersey and Delaware, which he terms one of the most diverse regions on the planet.

RAIN is a regional network of over 40 research parks, incubators and support organizations located in the tri-state area.

Source: David Finegold, Matthew Bergheiser, David Weir, RAIN
Writer: Sue Spolan

PHOTO:

Former Chrysler Assembly Plant in Newark DE


PhillyMerge aims to connect geeks and suits to nurture startup community

In the game called World of Startup, the main characters are geeks and suits. PhillyMerge was created to help the two tribes meet on common ground, where developers and entrepreneurs can learn some slick moves from one another. It's a long standing and sometimes contentious relationship characterized by the blog Whartonite Seeks Code Monkey, in which MBAs are called to task for asking developers to work for peanuts.

The one day conference, held July 15, drew about 50 business types and coders to Huntsman Hall at the Wharton School of the University of Pennsylvania. Organized by Steve Rittler and Adam Tuttle, who met at the Philadelphia Cold Fusion User Group (CFUG), the event offered an even split of speakers. Chris Stanchak from TicketLeap told war stories about founding and growing the online event ticketing company, overcoming hiccups and navigating through three successive builds.

Attorney Frank Taney, who practices at Buchanan Ingersoll & Rooney, addressed legal issues confronting emerging businesses. Jim Caruso of the accounting firm Fesnak and Associates explained financial forecasts and projections, and helped one attendee understand why his spreadsheets were flawed.

Rittler and Tuttle said PhillyMerge ran like clockwork, with a running commentary on twitter and feedback boards. "People are really happy," said Rittler. "They like the flavor. It's different from what you usually see, where there's not a lot of crossover."

Total cost of the conference was estimated at $3000, and because Tuttle works at Wharton Learning Lab, space that would have doubled the cost was donated gratis. Sponsors included Adobe, Chariot Solutions and Duck Duck Go.

While Tuttle and Rittler did not ask this year's attendees if they played for the geek or suit side, they estimate it was about 70/30 in favor of techies. "That's a lesson learned," said Tuttle, who garnered a wealth of wisdom for planning and running next year's conference. Like a tenet heard often in entrepreneurial circles, PhillyMerge isn't built for exit. It's built for lifestyle.

Source: Steve Rittler, Adam Tuttle, PhillyMerge
Writer: Sue Spolan

Foobooz serves up job listings for area food industry

You go to Foobooz for the latest inside info on the Philly restaurant scene, and now the foodie website is positioning itself to be the first stop for food industry job seekers. "We really want Foobooz to be the home page for restaurant news," says Art Etchells, founder and primary content provider. "Our audience is not only people who are passionate about going out to eat, but also passionate about creating food. So many people reading the site are already in the hospitality business."

Etchells says the idea for food related job listings came while visiting a bar owner who was shaking his head about the quality of resumes he was receiving via Craigslist. Etchells realized a job section on his site would be one more way to cultivate content. While the competitively priced job listings have been a quiet part of Foobooz for the better part of a year, Etchells is only now starting to promote the section, and there's been a concurrent uptick in submissions from area dining and drinking spots.

Currently, there are opportunities all over the Delaware Valley for line cooks, managers and even a summer camp director in the Poconos. Top kitchens like Zahav and the STARR Restaurant Group are represented. This is just the beginning of what Etchells terms a natural companionship.

Foobooz, which launched five years ago, was purchased by Philadelphia Magazine in December 2010, providing Etchells himself with a new job description. While he used to do most of his blogging from The Beauty Shop Cafe, he's now got a room with a view in the highrise offices of Philly Mag. But he still makes a morning ritual of stopping at his favorite coffee spot, where he gets the latest gossip from neighbors and local chefs.

As Philly's premier eating ear to the ground, Etchells reports that the hot dog is the new hamburger, and he's looking forward to the annual summer influx of local tomatoes and corn on Philadelphia menus.

Source: Arthur Etchells, Foobooz
Writer: Sue Spolan

CityRyde hiring developers after winning funding, validation for carbon reduction measurement

CityRyde, the Philadelphia-based startup that makes software to turn bike rides into cash, has become the first company to receive validation for its carbon methodology. "It's software that tracks every bike ride," explains Tim Ericson, CityRyde CEO and co-founder. All those accrued miles can then be sold as carbon credits as part of a worldwide effort to reduce greenhouse gas emissions, adds co-founder and COO Jason Meinzer.

The company also announced that it will be receiving a total of $345,000, half from Virginia-based New Dominion Angels, and half in matching funds from Ben Franklin Technology Partners of Southeastern PA.

CityRyde started as a Philly bicycle sharing concept. While there are no communal bikes on the streets here just yet, in a few years, CityRyde has instead positioned itself as a global software solution provider at the juncture of transportation and energy.

The startup's proprietary Inspire software enables bike sharing programs worldwide to create a new revenue stream. Ericson explains that Inspire "pinpoints the exact amount of carbon emissions saved, so it can be aggregated and sold within the carbon space."

Eight people now work at CityRyde, which is based at Drexel's Baiada Center. "We're hiring. It's part of Ben Franklin's requirement for funding,' says Ericson. "We anticipate having pretty extensive hiring spree in the next year." Developer positions will be advertised first, according to Ericson.

The idea for CityRyde came from a visit to Paris, where Ericson and Meinzer saw Velib' docks everywhere they turned. "Bike sharing has completely transformed the way the city moves, and reduced traffic by 8 percent within a year of implementation in Paris," says Meinzer, who terms biking the fastest growing form of transportation worldwide, with a predicted apex in 2017.

Source: Tim Ericson, Jason Meinzer, CityRyde
Writer: Sue Spolan

Entrepreneurial mom/lawyer makes business out of beauty in the gritty city

It's a gritty city, and someone's got to pretty it up. Sarah Holmes' Gritty City Beauty Company began as a personal quest for simple skin care products. "It started when I was pregnant," recalls Holmes, who had to give up tubes of topical ointment and needed a healthier alternative. She started making her own scrubs and masks, and it wasn't long before the full-time product liability lawyer saw a business idea in her afterwork potion making.

"It seemed like the more I cut out the prescription creams, the better my skin got," says Holmes, and Gritty City Beauty Company was born at the end of last summer. Holmes is also a wife and mother of a 15 month old toddler, yet she somehow finds time evenings and weekends to create and grow her line of organic beauty products.

Gritty City now carries soaps, scrubs and toners as well as all natural makeup. While the former can be cooked up in Holmes' Port Richmond kitchen, the makeup is created in a lab. While this type of product is not mandated by law, "You do have to adhere to certain manufacturing practices," says Holmes. "Ultimately you have to put out a product that is safe and can hold up to consumer use. I am very careful about that sort of thing."

Gritty City is primarily an online operation, and Holmes sets up tables at local outdoor events, where people are able to smell and test the items. Holmes was surprised to discover that she has a strong older customer base. If she had to guess, she would have placed her target customer in the 18 to 35 age range, but she actually gets a lot of buyers in their 50s and 60s.

Gritty City is also beginning to get placement in Philadelphia boutiques and has met or exceeded all its benchmarks so far. With no outside financing, Holmes relies on social media marketing, and Facebook and Twitter are driving traffic to the online shop. You can find Gritty City at Nice Things Handmade on Passyunk Avenue in South Philadelphia, and Vix Emporium in West Philly. Or head down to Headhouse Square on July 2, when Gritty City sets up shop at the Craft and Fine Arts Fair.

Source: Sarah Holmes, Gritty City Beauty Company
Writer: Sue Spolan

Student business plans out of North Philly, Bustleton take NFTE honors

It's never too soon to start your own business. Two Philadelphia high school students have won a business plan competition hosted by the Philadelphia chapter of the Network for Teaching Entrepreneurship (NFTE). Bianca Nieves, a senior at Esperanza Academy in North Philadelphia, won for a business based on her grandmother's Hispanic spice recipe, called Grandma's Secret.

Viktor Vabishevich, a junior at George Washington High School was the runner-up for Vito Lawns, a landscaping business that's already quite successful. Based in the Somerton section of Northeast Philadelphia, Viktor reports he takes care of around 40 neighbors' lawns after school and has made enough money to purchase two cars, while saving up for college.

Philadelphia NFTE serves over 1,500 students in 20 area schools. "These kids are coming from environments where they don't have the luxury of spending time with video games," says Sylvia Watts McKinney, Executive Director of NFTE Philadelphia. "These are kids with innately good business acumen, and they're put before a group of people who encourage them to take advantage of that talent."

NFTE's mentoring program runs throughout the entire school year, bringing dozens of area business leaders to high school students. McKinney reports that over 60 volunteers and judges participate. "Not only do we go to schools and teach them, but there are also opportunities throughout the year to meet entrepreneurs at Drexel and Community College of Philadelphia, helping students to build a resume, and teaching them how to get a job. We have coaches at Wharton and Temple." By bringing students to college campuses, says McKinney, the NFTE program demystifies the academic experience for kids who may be the first in their families to go to college.

McKinney reports that this year's business plan presentations were quite sophisticated, and in many cases could go head to head in competitions with adults. Vabishevich, who received a check for $1,000, and Nieves, who was awarded $1,500, will now advance to the national competition, held this fall in New York City.

Source: Sylvia Watts McKinney, NFTE; Viktor Vabishevich, Vito Lawns
Writer: Sue Spolan

Azavea hiring to keep up with growth, new projects in Philly and Toronto

Robert Cheetham, founder and CEO of Philadelphia-based geospatial analysis firm Azavea, is all about good growth. "We hire conservatively. We're not a venture capital funded company. We grow based on cash flow and the amount of business coming in, so there's not much margin for error."

His company is currently in the process of building staff. Some positions have recently been filled, while others are in the resume review stage, and still other positions are yet to be posted.

Azavea has built a strong reputation for merging geographic data with web and mobile software. Its high profile projects include the recently released PhillyTreeMap, which can easily be adapted to any city in the world and was funded by a research and development grant from the USDA; PhillyStormWater, to assist the Philadelphia Water Department's Green Stormwater Management Initiative, and a yet to be launched open source redistricting tool for implementation anywhere in America.

Azavea has just added several administrative and marketing assistants, a Graphic Information System (GIS) Analyst and a web designer. "We have grown every year we've been around," reflects Cheetham. "The last 2 years were relatively slow. Last year was 6 to 7 percent growth. The year before, nine percent. This year we're on track to grow 20 percent."

The secret of Azavea's growth is a mix of spending on business development and marketing through lean times, along with the lucky decision to hire a dedicated grant proposal writer just as the recession began. "We didn't necessarily anticipate the recession," says Cheetham, expanding Azavea nationally as well as internationally, with a recent job for the City of Toronto. "We get a fair amount of federal R&D work," says Cheetham, and while that's not the most profitable sector of the business, it's good for cash flow and pays for research that lays the groundwork for applications that can be adapted to any city or region in the world.

Azavea is always looking for great software engineers, a job sector that has remained fairly recession proof. In comparison, administrative job listings yield hundreds of resumes, and as a result, Azavea has developed a tool to select applicants. "We have crafted a questionnaire that requires job seekers to go to our website and look at the projects we do," says Cheetham.

Those who make it to the interview round have a much better take on Azavea's work and environment, and are able to explain exactly why Azavea is the right fit. It's almost like a college application, says Cheetham, who adds that he asks would-be employees where they heard about the job opening, allowing Azavea target the most effective places to advertise. Maybe there's a future app: Azavea Management Map?

Source: Robert Cheetham, Azavea
Writer: Sue Spolan

Science Center welcomes five early stage companies in lifesci, investment, and medical devices

Days before longtime tenant BioNanomatrix announced its move to San Diego, the University City Science Center recently welcomed five new companies, and continues to be an incubator for both startups as well as international companies wishing to establish a U.S. base and national companies hoping to move into the Philadelphia market.

The new tenants include life science companies Longevity Biotech, Claremont, and Epitek, Inc.; investment firm Karlin Asset Management; and Parsortix, Inc. a French company that specializes in the transportation and medical equipment sectors.

Scott Shandler is co-founder of Longevity along with Dr. Sam Gellman of the University of Wisconsin. "Longevity develops market leading, novel therapeutics for both rare and widespread diseases," explains Shandler, who has a dual background in finance and biochemistry.

Longevity's primary product is the proprietary Hybridtide platform, developed at Gellman's academic lab in Wisconsin, enables the development of new therapies to treat a range of diseases including primary arterial hypertension, small cell lung cancer, type II diabetes and HIV, according to Shandler. Longevity currently has a contract with Fox Chase Cancer Center. "The exciting science in Dr. Gellman's labs together with the increasing lack of products within the Big Pharma pipelines led me to commercialize this line of work," says Shandler.

Claremont's sole employee is Blandine Chantepie, the U.S. director of sales and business development. Chantepie fell in love with Philadelphia in general and the University City incubator in particular, having already occupied space at SciCenter while working for Claremont parent company Ballina Capital group.

Claremont's two divisions have quite different client bases. Its medical device division manufactures a laser for dental use. "They have been selling around the world, and are strong in Europe and Korea," says Chantepie. Now the company wants to make inroads into the U.S market. Already past the hurdle of FDA approval, it's just a matter of setting up a sales and distribution network, which is already showing early success. Chantepie cites the proximity of Penn Dental School as a selling point for the company's location.

Calremont's train parts division looks to Amtrak and SEPTA for major contracts, and Chantepie says that Philadelphia's central spot along the heavily travelled Northeast Corridor is ideal. Many of Amtrak's corporate offices are right here in Philadelphia in the floors above 30th Street Station. Chantepie anticipates hiring employees within the next six to twelve months.

The remaining three companies moving into the SciCenter are early stage investor Karlin Asset Management, a Los Angeles based firm with $1 billion in equity capital; life sciences firm Epitek develops treatments for radiation exposure and methods of radiation prevention, and Parsortix is a particle separation company founded in 2006 that is developing applications for stem cells, oncology, pre-natal diagnostics and bacteria.

Source: Blandine Chantepie, Claremont; Scott Shandler, Longevity
Writer: Sue Spolan


Move over ice cream man, Healthy Carts are coming to Philly neighborhoods

Some Philadelphia neighborhoods have no choice about the food residents can buy. Corner stores stocked with sugary and salty processed snacks, Chinese take-out and pizza shops are the only options in many low-income areas of the city. The city's brand new Healthy Carts Initiative offers a solution to food deserts as well as providing employment to vendors.

"The program came out of the Get Healthy Philly Initiative," says Healthy Cart Coordinator Rachel Hynes, who is now accepting applications from individuals and organizations. "We approved the first five applications last week." Ultimately, the goal is to set up 20 vendors in this first pilot year.

Healthy Cart operators receive free small business training, waived fees, a streamlined inspection process and free EBT machines, which allow processing of debit, credit and food stamps/SNAP cards. "We are covering the minimum monthly EBT fees through March," says Hynes.

Vendors will be allowed to sell cut fruit and vegetables, as long as the chopping occurs in an approved kitchen. The initiative is administered by the Office of Food Protection, a division of the Department of Public Health, and the same group that oversees the city's growing fleet of food trucks.

To figure out which areas get carts, says Hynes, the Healthy Carts program employs a GIS (Geographic Information Specialist) who has mapped out the areas which are most in need. It's a matter of finding a balance of where there's a need and where cart owners will be successful, according to Hynes, who used the Green Cart program in New York as a springboard but added more features to the Philly program.

Cart owners can make a living wage, says Hynes, if they are out seven days a week and establish a routine. Vendors need to come up with their own business models and are responsible for sourcing, purchasing, storing and displaying their goods, with training from the city. Healthy Carts plans to partner with local community organizations and recreation centers to promote the new program.

Source: Rachel Hynes, Healthy Carts
Writer: Sue Spolan


Welcome to Quorum, the Science Center's clubhouse for entrepreneurs

"I was a Science Center squatter," says Han Cao, founder of life sciences startup Bionanomatrix, now valued at $40 million. It's success stories like these that inspired the new Quorum at the University City Science Center. Back when Cao was a struggling scientist, he occupied virtual office space at the SciCenter. But when rent money dried up, Cao camped out anywhere he could, hiding behind a column in the lobby or setting up shop by the coffee machine.

The Quorum is a well-appointed series of rooms that can be opened into one big space or divided into smaller areas. With a sweeping view of the city, SciCenter CEO Stephen Tang calls the space a clubhouse. "We acknowledge the universal need to meet people," says Tang, who feels that face time is an essential part of business success. With so many electronic ways to connect, meeting in person is harder when you don't know where to go.

Philadelphia's business and government leaders were present last Thursday to bless the grand opening of the 4,000 square foot Quorum, including Mayor Michael Nutter, Duane Morris attorney Richard Jaffe, who is the outgoing SciCenter Chairman of The Board, Craig Carnaroli, who replaces Jaffe in that role in addition to his day job as executive vice president of the University of Pennsylvania; Mel Baiada, founder of BaseCamp Business, and State Representative Jim Roebuck.

Upcoming events planned for the Quorum are designed to unite area business leaders with entrepreneurs; on June 20, Smart Talk: Adventures in Entrepreneurialism, Deloitte Fast 50 Secrets of Success features CEOs from some of the region's fastest growing companies giving advice to hopefuls who may one day be able to tell their own mutli-million dollar success stories.

Source: Han Cao, Bionanomatrix; Stephen Tang, University City Science Center
Writer: Sue Spolan

Navy Yard's Greater Philadelphia Innovation Cluster hiring five

One of the goals of the Philadelphia Navy Yard-based Greater Philadelphia Innovation Cluster (GPIC) is job creation. And they've got your jobs right here. GPIC, a consortium includes Pennsylvania State University, Philadelphia Industrial Development Corporation (PIDC), Ben Franklin Technology Partners of Southeastern PA (BFTP/SEP), the Delaware Valley Industrial Resource Center, and the Wharton Small Business Development Center, has five available positions spread out among these members.

"This is an early wave," says Christine Knapp, Manager of Public and Client Relations at GPIC, her own position falling under the auspices of Penn State. "These are jobs that are really conducting the work of GPIC."

The available positions are a Post-Doctoral Scholar, an Intellectual Property Associate, a Program Director, a Database Analyst, and an Administrative Assistant. Knapp runs down the details. There has not been as much response to the architectural engineering post-doc scholar, as it is a highly specialized position in which the candidate would be assisting in the research and development of building systems.

The Intellectual Property Associate does not need a law degree; rather, says Knapp, the BFTP/SEP based position would take the lead in the commercialization and deployment task area. "One concern is that intellectual property is correctly managed," says Knapp. "Our companies have sensitive proprietary information, and as they are discovering things and getting them to the marketplace, we need to make sure that people get credit."

The Program Director is specifically associated with the Small Business Development Center of The Wharton School at Penn. "Each of the members is required to have a full time GPIC staff member, and this would be their liaison," explains Knapp.

The Database analyst is actually two positions, both at BFTP/SEP. "We are doing a lot of data gathering," says Knapp. "We're researching building energy use, consumption and performance." The analyst would also draw on existing databases, and ultimately the reports would be sent to the Department of Energy. "We want to be sure that the data is getting integrated and all task areas have access," says Knapp.

Finally, the Administrative Assistant will be working closely with Knapp at the Navy Yard, and ideally should be someone who can handle not only clerical tasks but also logistics, planning events and outreach engagement work. "It would be someone who is interested in moving up and taking on more responsibility," says Knapp, who expects hundreds of resumes. The GPIC positions will remain posted until filled, which is expected to happen around mid-July, but each position has its own timeline.

Source: Christine Knapp, GPIC
Writer: Sue Spolan


FLYING BYTES: SEPTA's TransitView, MAC founder raises $75M, and Phila. Printworks strikes chord

Flying Bytes is a recurring roundup of innovation and quick updates on the people and companies we're covering:

SEPTA launches TransitView

Back in January, we reported that SEPTA was weeks away from launching a real-time, system wide tracking program. The future is finally here. Like SEPTA's TrainView for regional rail, the new TransitView provides live updates on the whereabouts of buses and trolleys throughout the city. Also launched: SMS Transit Schedule Information, allowing customers to receive a text with the next four scheduled trips, and Schedules to Go, a mobile website function that provides information on the next ten scheduled trips.

Shah closes $72 million IPO with Universal Business Payment Solutions

Following a hot tip, we learned that Bipin Shah, creator of the MAC, was seeking $72 million for payments startup Universal Business Payment Solutions. On May 13, UPBS (NASDAQ: UBPSU) got its money. According to Shah's partner Peter Davidson, "we closed on 12 million shares at $6.00 per share. The underwriters have a 45 day option to cover any over-allotments, which they have not exercised to date." Investors include hedge fund magnate J. Kyle Bass, who purchased about 800,000 shares.

Philadelphia Printworks up, running, finding its market

The lovely ladies at the helm of Philadelphia Printworks are going full speed with their new T-shirt business. Co-founder April Pugh reports that most of PPW's customer base has come from custom work, particularly from local indie rock artists. PPW loves its rockers right back and offers a band discount. Pugh says she and partner Ruth Paloma Rivera-Perez are now seeking partnerships with retail outlets and will be selling at upcoming summer festivals.

Specticast expands with EuroArts partnership
Digital entertainment distribution company Specticast continues to widen its reach. The company, which we originally profiled back in April, announced an exclusive partnership with EuroArts, bringing live and pre-recorded events from Berlin's Philharmonie, The Sheldonian Theater at Oxford University, and Madrid's Teatro Real, according to Mark Rupp, SpectiCast president.

Source: Andrew Busch, SEPTA; Peter Davidson, UBPS; April Pugh, PPW; Mark Rupp, Specticast
Writer: Sue Spolan
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