Pennovation Center: new Grays Ferry Penn campus incubator - Technical.ly Philly

Growth

Feb. 28, 2014 12:30 pm

Pennovation Center: new Grays Ferry Penn campus incubator

It builds off the work of Penn's four-year-old UPstart program, which helps faculty and students create businesses, and gives those businesses a physical place to call home. At least one UPstart business is located in the Pennovation Center already: Novapeutics, a diabetes treatment company.
Osage University Partners invests in university startups. This is an aerial rendering of Penn’s South Bank campus.

Osage University Partners invests in university startups. This is an aerial rendering of Penn's South Bank campus.

(Image courtesy of Penn)

Research and innovation have a new home at Penn.

Located in Penn’s new “South Bank” campus on the former 23-acre DuPont property in Grays Ferry, the “Pennovation Center” is a business incubator and lab space that aims to help the Penn community launch businesses, Penn recently announced.┬áIt’s part of Penn’s plan to expand its University City campus.

It builds off the work of Penn’s four-year-old UPstart program, which helps faculty and students create businesses, and gives those businesses a physical place to call home. At least one UPstart business is located in the Pennovation Center already: Novapeutics, a diabetes treatment company.

Another company using the space is KMeL Robotics, the robotics startup from Penn grads that focuses on the flying robots called quadrotors.

Building space at the South Bank campus is currently 200,000 square feet, but Penn hopes to develop that to 750,000 square feet over the next 20 years.

Find a list of the companies and research groups at the Pennovation Center here.

Projects: Upstart
-30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Sign-up for daily news updates from Technical.ly Philadelphia