Philly weekly roundup: $1.2M for Hopeworks; Goodbye Wells Fargo Center; Is the Digital Equity Act over?

This week in Philly, celebrating 15 years of PTW, what economic mobility looks like in the workplace and more.

Read on for Technical.ly’s weekly roundup of top news in the region.

📰 News Incubator: What else to know

• Startups and creators need to work together to solve their mutual problems, Calan the Artist writes. [Technical.ly]

• Have PTW 2025 FOMO? Check out our live blog that recaps all the events we attended last week. [Technical.ly]

• Tech workforce development org Hopeworks received $1.2 million from the Hg Foundation, which will support the org’s expansion to two new cities. The Camden-founded nonprofit expanded to Kensington in 2022. [Hopeworks/Technical.ly]

• Pennsylvania’s Department of Community and Economic Development awarded real estate developer Ensemble/Mosaic Navy Yard $30 million through the PA SITES program to develop manufacturing, life sciences and commercial spaces at the Philly Navy Yard. [DCED]

• The trend of startup weeks flourished because it brought communities together, but are they still necessary? [Technical.ly]

•  Share your thoughts about education, public safety and clean and green initiatives through the Philly Pulse: Community Poll. Responses are due June 1. [EVEV]

• The Pennsylvania Senate Communications and Technology Committee passed legislation to ban state government agencies from using TikTok because of security concerns. [PA Senate Repblicans]

• Comcast strikes again. The Wells Fargo Center in South Philly will be renamed to the Xfinity Mobile Arena starting in September. [NBC Sports Philly]

• Here are four common methods that founders use to find a buyer when it’s time to sell their business. But before you sell, make sure you have the motivation and energy to get the most out of it. [Technical.ly]

• The National Digital Inclusion Alliance rebutted President Trump’s claim that the Digital Equity Act is unconstitutional, citing bipartisan support when it passed. Philadelphia was selected to receive $12 million from the Digital Equity Act earlier this year. [NDIA/Technical.ly]

• Bucks County-based Windtree Therapeutics entered an agreement to purchase residential property in Texas. The biotech company plans to use real estate as a way to fund its drug development work. [Philly Biz Journal]

🗓️ On the Calendar

• Civic tech group Code for Philly will host its monthly Hack Night on May 13. [More details]

• Are you a woman interested in impact investing? Learn more at the Invest for Better Philly spring social event on May 13. [Get tickets]

 • Join Withum for a webinar on May 14 to learn practical tips for using AI at your company. [Register here]

• Code and Coffee Philly is hosting a startup coworking circle on May 16. [More details]

• Model Internet Club will meet once again at Iffy Books on May 18. [Details here]