The Enterprise Center, the West Philadelphia-based nonprofit offering business education and capital resources, is officially launching its fund to support investments in women- and minority-owned businesses. Called the Innovate Capital Growth Fund and aiming to cap at $50 million, the plans for the fund were first announced over two years ago.
PHL Inno: Bachelorette party planning startup raises $8M seed round, nets investors with ties to Tinder, OkCupid
Bach, a Philadelphia-based bachelorette party planning app, has raised an $8 million seed round from investors including executives with ties to dating apps Tinder and OkCupid.
Technically Philly: What founders said at LIFT Labs Accelerator Roadshow’s Philly pit stop
Less than a year after Comcast opened its much-anticipated home for startups in its new Comcast Technology Center in 2019, the pandemic forced the company to close its doors.
Technically Philly: Trip planning platform BACH just closed an $8M seed round amid that wedding and travel surge
BACH, the Philly-founded platform designed to streamline bachelor and bachelorette party planning, was making a name for itself last summer when pandemic restrictions were lifting and travel was picking up.
Technically Philly: ‘Where you put your money matters’: Angel investor Teresa Esser explores new ways to drive social impact home
Teresa Esser wants people to “follow the money.” It’s a piece of advice she was given early on in her career in publishing, in the late ’90s when she imagined making a living as an academic writer. Instead, the MIT grad cut her teeth making cold calls and getting comfortable with rejection
Technically Philly: ‘Physical cybersecurity’ is a thing — and other lessons from off the industry’s beaten path
When you think of cybersecurity, what may come to mind are things like antivirus software and suspicious emails — and you would be right. But cybersecurity is more than that.
Philly Voice: New Institute for Health Equity aims to address Philly’s disparities in maternal outcomes, telemedicine access
Underserved communities in Philadelphia face many barriers to receiving medical care, a persistent issue that has contributed to a lengthy list of inequities – from maternal health outcomes to insurance access.
Technically Philly: FinPay has ‘robust’ product and hiring plans amid raising a $15M growth round
Seven-year-old, King of Prussia-based fintech company FinPay, which services the healthcare industry, announced a $15 million round of fundraising aimed at product and staff growth this week.
Ebony: Black and Mobile Brings Black-Owned Restaurants to Your Doorstep
In 2016, David Cabello took a huge risk. An undergrad student at Shippensburg University of Pennsylvania at the time, he left school and decided to bet on himself. “I just knew I wanted to help my people,” Cabello tells EBONY. “My desire wasn’t geared towards restaurants. It wasn’t geared towards any specific type of business. I just wanted to help the Black community.”
Technically Philly: Want to learn about blockchain, crypto and Web3 in Philly? Start here
When you think of Web3, you’re probably thinking cryptocurrencies, NFTs, privacy and some metaverse-adjacent topics — and you’re right. Whether you’re a newbie trying to learn more about those complicated topics or more experienced and looking to connect with fellow enthusiasts, Philly has a number of resources to check out.