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.

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-
CONTRIBUTE TO THE
JOURNALISM FUND

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

Advertisement

3 resources to help vetrepreneurs start their own businesses in Greater Philadelphia

Iterate, fast, feedback: 3 things to know about lean product design

Preparing future employers, not just future workers

SPONSORED

Philly

How Relay is helping enterprise clients get proactive about customer engagement

Philadelphia

Linode

DevOps Engineer

Apply Now

Philadelphia

Technically Media

Marketing and Partnerships Manager

Apply Now

Philadelphia

Perpay

UX Designer

Apply Now

Why this ‘Shark Tank’ alum brought his second startup to Philly [Entrance Exam]

Here’s how 11 startups grew during the second LIFT Labs Accelerator

This real-time ratings app tells you ‘What’s the vibe?’ of local businesses

SPONSORED

Philly

These hiring companies want to meet you at NET/WORK Suburbs

Chesterbrook, PA

Deacom

Inside Sales Representative

Apply Now

Horsham, PA

Penn Mutual

Product Owner/Business Transformation Specialist

Apply Now

Center City

Inspire

Member Experience Specialist

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!