Uncategorized
Economics / Incubators / Philadelphia

University City Science Center welcomes three new companies

Europe’s largest organization for advancing chemical sciences has landed. The Royal Society of Chemistry, which has a worldwide network of members and an international publishing business, needed to set up an East Coast base to continue its expansion. So, RSC and two other organizations, including a second foreign group making their first U.S. home in […]

University City from above. (Photo courtesy of the Science Center)

University City incubator and research park the Science Center includes a series of facilities hugging the Market Street corridor between 34th and 38th streets. Photo courtest of the Science Center.

University City incubator and research park the Science Center includes a series of facilities hugging the Market Street corridor between 34th and 38th streets. Photo courtesy of the Science Center.


Europe’s largest organization for advancing chemical sciences has landed.
The Royal Society of Chemistry, which has a worldwide network of members and an international publishing business, needed to set up an East Coast base to continue its expansion.
So, RSC and two other organizations, including a second foreign group making their first U.S. home in Philadelphia, have moved into the University City Science Center, the historic nonprofit� incubator and research park, according to a press release from the center [PDF].
With RSC, GADORE Center USA, an outpost of a German collaborative focused on renewable energy, is the newest participant in the center’s Global Soft landing program, which aims to help international companies develop a presence in the region’s life sciences and information technology markets. The program is housed at 3711 Market Street.
If the oldest and largest urban incubator and science park in the world wasn’t draw enough, Philadelphia’s growing reputation as a life sciences hub might help. And, yes, the companies also made mention that a big draw was Philly’s location between the American legislative capital and de facto financial home.
It doesn’t hurt that the center is zoned both as Keystone Opportunity and Innovation zones, which gives participating companies the opportunity for significant tax incentives. Resident companies employ some 7,500 people. See a list of those resident companies here.
The National Center for Patient Interactive Research, a newly established advocate for patient-generated data included in health information technology, also joined the center, opening operations at the center’s port business incubator, located at 3701 Market Street.
The center, which encompasses 15 buildings and 17 acres on the Avenue of Technology, boasts assisting the growth of more than 400 companies. The nonprofit is owned by 32 academic and media research institutions, including the University of Pennsylvania, Temple and Villanova universities. The center also has a campus in Newark, Del.

Engagement

Join the conversation!

Find news, events, jobs and people who share your interests on Technical.ly's open community Slack

Trending

How venture capital is changing, and why it matters

What company leaders need to know about the CTA and required reporting

The ‘Amazon of science stores’ and 30 other vendors strut their stuff for Philly biotech

Why the DOJ chose New Jersey for the Apple antitrust lawsuit

Technically Media