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Seed Philly, the Center City incubator, received nonprofit status, according to founder Brad Denenberg. Seed Philly applied for nonprofit status two years ago, when it originally launched, Denenberg said, in order to be able to accept tax deductible donations. This isn’t an uncommon move for organizations that receive significant funding from government or other economic development sources. Seed Philly is currently home to 12 companies and five or six contractors, Denenberg said.
SnipSnap‘s Christmas wish? Coupon delivery by drone. Watch their video below.
Stephen Zarrilli, president and CEO of Safeguard Scientifics, is the new chairman of Benjamin Franklin Technology Partners‘ board, according to a release. The board elected a new vice chairman, as well as three other new members.
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