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Philly daily roundup: East Market coworking; Temple’s $2.5M engineering donation; WITS spring summit

Plus, Pennovation Accelerator applications are open.

SCULPTURE OF BEN FRANKLIN AT THE FRANKLIN INSTITUTE'S "THE ART OF THE BRICK" EXHIBIT (Sarah Huffman/Technical.ly)

Welcome to the daily roundup of the latest from Philly's tech and entrepreneurship scene. Want this in your inbox? Subscribe for free.

WeWork bets on a Philly location

Five months after filing for bankruptcy and downsizing its local footprint, WeWork just confirmed it’s keeping its lease for the space at 1100 Ludlow St. in Center City.

The global coworking operator once had five Philly locations, but closed various spots over the years. Most recently, the company stopped operating in its Northern Liberties location, shortly after filing for Chapter 11 — but it now cites Philadelphia’s “new momentum” as the reason for sticking around.

➡️ Read more about WeWork’s presence in Philly’s coworking ecosystem

The women leading Vanguard’s IT services

It’s still not easy to be a woman leader in IT, but Vanguard has been working to empower its female workforce. Not an empty claim — the women at the top testify to it.

“Vanguard is very unique from an employee perspective, in that we believe in the significance of balance. It is manifested in just about every aspect of what I experience on a day-to-day basis. We all produce hard and meaningful work that we’re passionate about, but the company supports us as humans, too,” said Jennifer Manry, Vanguard head of corporate systems.

➡️ Learn about Manry’s and two of her colleagues’ career journeys in this sponsored article

News Incubator: What else to know today

• Temple University’s College of Engineering received a $2.5 million donation from Professor Emeritus of Electrical and Computer Engineering Brian Butz and his wife Susan, who is also an alumna. The donation will support AI research. [Temple News]

• Plymouth Meeting-based biotech company Inovio Pharmaceuticals is selling 2.5 million shares of its common stock at $7.693 per share. The company expects to make $36 million this week. [Philly Biz Journal]

• There is still time to purchase tickets for the Women in Tech Summit’s spring summit in Philadelphia. WITS is the only tech conference that features only women and non-binary identifying speakers. [WITS/Technical.ly]

• Applications for the Pennovation Accelerator 2024 are open now until May 10. This accelerator offers weekly lectures, mentorship and networking opportunities and concludes with a pitch day. [Pennovation]

🗓️ On the Calendar

• Coffee and Code at Philly is hosting its weekly meetup on Saturday April 20 at 1 p.m.  [More Details]

• PACT is hosting its annual Phorum Technology Conference on April 30 at Live Casino. [Register Here]

 

Sarah Huffman is a 2022-2024 corps member for Report for America, an initiative of The Groundtruth Project that pairs young journalists with local newsrooms. This position is supported by the Lenfest Institute for Journalism.
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