Amid company turbulence, Project Liberty announces next class of startups - Technical.ly Philly

Business

Jul. 15, 2014 9:30 am

Amid company turbulence, Project Liberty announces next class of startups

It's the fifth class of startups to participate in the incubator, which is backed by a $345,000 Knight Foundation grant. Some of the five startups, which reflect less of the program's previous news media focus, moved in as early as June.

Yasmine Mustafa (center) is one of the founders participating in the fall 2014 Project Liberty class.

(Photo by Corinne Warnshuis)

Project Liberty, the incubator housed at Philly.com headquarters on Market East, announced its latest class yesterday. It’s the fifth class of startups to participate in the incubator, which is backed by a $345,000 Knight Foundation grant. Some startups moved in as early as June.

According to Project Liberty manager Cory Donovan, the startups include:

This cohort and the previous one are likely the least tied to the news media focus that the program was originally intended to incubate — being housed by a newspaper company and funded by a foundation with journalism roots. While it could mark a relative lack of high quality media technology firms in Philadelphia, it may also show a widening in the region’s startup class, as Project Liberty said last January that it would accept all types of startups, not just media-focused ones.

The news comes after a number of management and ownership shakeups at Interstate General Media, the parent company of Philly.com, the Philadelphia Inquirer and the Philadelphia Daily News. Philanthropist H. F. “Gerry” Lenfest became the sole owner of the company in June after buying shares from the family of the late Lewis Katz. Three of Philly.com’s executive producers and the company’s spokesman resigned. IGM has since appointed a new Vice President of News Operations.

Advertisement

Despite that, the startups remain excited about the opportunity.

“We’re loving it already,” SETVI spokesman Stephen Stewart wrote in an email to us earlier this summer. Among the perks: “Having an office to which we can come 24/7, access to conference rooms for meetings and hosting guests, the support of Project Liberty as we grow.”

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

Why working with the University City Science Center was a game changer for 4 Philly startups

Join the team behind a reimagined approach to consumer finances

In Philly, less than a fifth of all VC dollars go to women-founded companies

SPONSORED

Philly

Why working with the University City Science Center was a game changer for 4 Philly startups

Philadelphia, PA

Linode

Product Marketing Manager

Apply Now
Blue Bell, PA

Pinnacle 21

Senior Software Engineer

Apply Now
Philadelphia, PA

PromptWorks

Senior UX Designer

Apply Now

South Jersey’s Wodify hops across the Delaware, moves HQ to Center City

Orai lands $2.3M seed round led by Comcast Ventures

Live Philly wants to liven up your weekend

SPONSORED

Philly

Take a peek at the opportunities popping up at PromptWorks

Philadelphia, PA - Center City

Odessa

Sr. Business Analyst – Bilingual (Spanish)

Apply Now
Philadelphia, PA

Linode

Senior Software Engineer – Kubernetes

Apply Now
Philadelphia, PA

Linode

Software Development Engineer in Test

Apply Now

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

Do NOT follow this link or you will be banned from the site!