Before its tenth birthday, Innovation Philadelphia will have to decide what it wants to be when it grows up.
The grant-funded economic development group, with a goal of attracting young professionals to the city’s “creative economies,” was formed in 2001 during Mayor Street‘s administration with support from economic and academic leaders. More recently, though, the group has been better known for underwriting research to help postulate how the city can attract young professionals. With those ends, it hosts the annual Global Creative Economy Convergence Summit and produces the Entrepreneur’s Resource Guide.
The organization is also broke.
Philadelphia’s creative economy ecosystem is far from reaching its full potential, and we think there is still a role for the organization. But it’s going to take some serious steering.
Read more at Philly Mag’s Philly Post.-30-
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