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Angel Investors

BUSINESS
January 4, 2012 | By Joseph N. DiStefano, Inquirer Staff Writer
Three firms have been picked to share office space with The Inquirer and other Philadelphia Media Network outlets in the Project Liberty Digital Incubator , the newest local space dedicated to start-up tech businesses. The firms, selected by PMN adviser and incubator operator Ben Franklin Technology Partners of Southeastern Pennsylvania , are CloudMine , a smartphone applications developer platform headed by CEO Brendan McCorkle; voter-guide app developer ElectNext , headed by Princeton and Wharton-trained political scientist Keya J. Dannenbaum , and SnipSnap , a print-to-mobile coupon scanner conversion service headed by Ted Mann . "We're providing these companies free rent, free office equipment, and the infrastructure to operate their business, day-to-day, for a six-month period, while they agree to develop a media product for consideration" by The Inquirer, the Daily News , Philadelphia SportsWeek , and Philly.com , spokesman Mark Block said.
BUSINESS
August 28, 2000 | by Michael Hinkelman, Daily News Staff Writer
When cable TV executive Joseph W. Cece took over as CEO of Digital Access in January, a Bala Cynwyd-based startup that builds broadband networks in medium-sized markets such as Indianapolis, he confronted a situation many entrepreneurs would die for. Just before Cece came aboard, Digital Access won commitments from a bevy of venture capitalists - including two from Silicon Valley - for $450 million. Digital would have the funds needed to grow quickly. But not all local startups are as flush with venture capital as Digital Access.
NEWS
June 20, 2014
C ARLOS R. VEGA, 32, of Center City, is founder and CEO of startup Tesorio, an online marketplace that helps buyers and suppliers with cash management. Vega, a citizen of both Panama and the United States, is a recent Wharton grad with a masters in business. Tesorio was accepted into the Wharton Venture Initiation Program, which provides office space and other help for startups. Q: How did you come up with the idea for Tesorio? A: Access to financing can be tedious for small businesses.
BUSINESS
January 10, 2011 | By Mike Armstrong, Inquirer Columnist
Eighteen months ago, entrepreneur Brian Ruby was practically laughing in the face of the recession. He'd just moved his company, Carbon Nanoprobes Inc. , to Chester County from the Seattle area after landing an equity investment from the Life Sciences Greenhouse of Central Pennsylvania . The space in East Whiteland Township had a clean room in which the nanotechnology company would make probes that researchers could use on the tip of...
BUSINESS
June 17, 2015 | By Erin Arvedlund, Inquirer Staff Writer
Independence Blue Cross and Thomas Jefferson University and Hospitals will begin collaborating July 1 to fund innovations in health care and help identify and potentially give seed money to in-house entrepreneurs. Called the Independence Blue Cross-Jefferson Health Innovation Collaboration, the $2 million partnership will be funded evenly by IBC's Blue Cross Center for Health Care Innovation and Jefferson's Innovation Pillar. The partnership creates an entrepreneur-in-residence at Jefferson and funds a fall 2015 "hackathon," an entrepreneurship curriculum, and a business speaker series for medical students and faculty.
NEWS
December 16, 2009 | By Barbara Boyer INQUIRER STAFF WRITER
A Camden County criminal investigator's romance with a mortgage broker has cost her her job and could send her to prison for obtaining a fraudulent loan, officials said. Asha Ritchards, 31, of Sicklerville, appeared yesterday in U.S. District Court in Camden, where she tearfully pleaded guilty to one count of wire fraud and admitted she lied on loan applications for a house her then-boyfriend used as a rental property. "She fell in love with this guy. He's a smooth-talking, handsome guy," defense attorney Leonard S. Baker said.
NEWS
October 10, 2014
  HAL REAL, 61, of Wilmington, Del., is a former real-estate lawyer and founder of World Cafe Live, which is celebrating its 10th anniversary. Located in a former toilet factory on Walnut Street near 30th, the shrine to all music genres houses everything from WXPN's on-air studios to two main stages, a restaurant and recording studios, and is home to the World Cafe radio show. Q: How did you come up with the idea for World Cafe Live? A: I'm a lifelong pianist and wanted a club for grown-ups to hear live music, that was great for audiences and performers and had good food and drink.
BUSINESS
April 18, 2000 | By Joseph N. DiStefano, INQUIRER STAFF WRITER
Venture capitalists and "angel investors" who fed and were fed by the stock market's 1990s surge say the recent skid in technology-stock values has clouded the premium-priced promise that stampeded corporations, pension funds and rich individuals into investing in unproven companies that hoped to go public at high prices. "A lot of people at these [new] companies have lost tremendous amounts of paper value," said Andrew Martini, head of Bank of America's Radnor private banking office, which concentrates on high-tech executives.
BUSINESS
March 5, 2012
Ballard Spahr L.L.P. , Philadelphia, said John B. Langel has been named chairman of the litigation department, and William C. Rhodes has become chairman of the public-finance department. Langel led the firm's labor and employment group since its inception nearly 35 years ago. David S. Fryman , a litigator in the labor and employment matters, succeeds Langel as leader of the labor and employment practice. Gregory G. Schwab has been named to the board of Philadelphia VIP , a nonprofit legal-services agency that promotes equal justice for the poor by providing civil legal services.
BUSINESS
November 17, 1999 | By Ambre S. Brown, INQUIRER STAFF WRITER
To boost entrepreneurship among young adults in Philadelphia and Newark, N.J., the Prudential Foundation is giving a $2.5 million grant to extend the Prudential Young Entrepreneur Program, which it launched in July. The nine-week program for adults ages 18 to 30 is taught at the Enterprise Center on Market Street in West Philadelphia, where Prudential officials made their announcement yesterday. The money, which also covers course materials and $15,000 business start-up loans for eligible participants, is to be split between the two target cities.
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