November 15, 2013
D OUG BALDASARE, 29, of Rittenhouse Square, is CEO of ChargeItSpot, a startup he founded on Arch Street near 17th that enables shoppers to charge cellphones for free. The company, launched in August 2012, has phone-charging kiosks in Pennsylvania and five other states. Q: How did you come up with the idea for ChargeItSpot? A: I was with friends in Miami in 2011 and all of us had forgotten to charge our phones overnight and we were splitting up and wanted to stay in touch.
July 22, 1988 |
Catalyst Energy Corp., the parent company of the firm that runs the Center City steam loop, agreed yesterday to a $202.5 million buy-out offer from the son of T. Boone Pickens, the Texas oilman and corporate takeover specialist. Thomas B. Pickens 3d signed an agreement with Catalyst, of New York, to acquire the approximately 18 million outstanding shares of Catalyst for $11.25 a share. Pickens formed a new company, Merrimac, for acquiring Catalyst's stock and taking the company private.
June 14, 2013
DAVID GAVIGAN, 26, of Fishtown, is owner of Everybody Hits, a batting cage on West Girard Avenue near 6th Street that opened in mid-May. It's the only automatic batting cage near Center City and it's open every day from noon to 9 p.m. Gavigan, a native of Reading, moved here in 2009 after graduating from Penn State. Q: What were you doing before? A: After college, I worked for a year with a nonprofit, Cradles to Crayons [which provides clothes and school supplies to homeless and low-income children.]
August 13, 2013 |
IT WASN'T a particular love of bicycling that prompted Izzat Rahman to start his business, Kayuh Bicycles, even before he graduated from Temple University. "I'd say that biking is an interest, but entrepreneurship is my passion," Rahman, 24, recently said. In 2009, Rahman, then 21, came from Kuala Lumpur, Malaysia, to study at Temple as a transfer student. "Kayuh" means "pedal" in the Malay language. Initially, Rahman started his business in the basement of the house where he was living as an undergraduate.
February 23, 2012 |
The founder of I'm Shmacked, the firm that posted video of local teens drinking and partying online, says he wants to "hash it out" on live TV with Lower Merion School District officials who objected to the post. Arya Toufanian, 19, of Potomac, Md., defended his business today, saying he "was not at all upset about Lower Merion complaining. " Asked to comment on the situation, Lower Merion schools spokesman Doug Young declined to be drawn into a debate with Toufanian. "Our focus is on the safety and well-being of our students, and that's the bottom line," Young said.
June 12, 2012 |
H.F. "Gerry" Lenfest, fresh from the successful opening of the Barnes Foundation gallery on the Benjamin Franklin Parkway - where he was a key supporter of the foundation's move from the suburbs to the city - has now focused his financial energy on building a new history museum near Independence Mall. At a news conference Tuesday, the American Revolution Center is expected to unveil New York architect Robert A.M. Stern's design for a new Museum of the American Revolution at Third and Chestnut Streets, and in support of the push for the museum, Lenfest will announce a $40 million challenge grant.
October 2, 2012 |
Growing a tree-service business that now has more than $1 million in revenue and is on the verge of something way bigger - becoming the first U.S. franchise of its kind - is not at all what Josh Skolnick had planned when he responded to a call for help four years ago. Skolnick was just doing a favor for a frantic father of young girls when the Fort Washington native responded to a request in June 2008 to take down a dead elm. Back then, trees...
November 20, 2009 |
Jennifer Zoga and Liz Bales tried to follow all the right steps when they started their new business in Chestnut Hill. They put together a business plan, found a location on a busy street, and lined up the necessary financing. But they didn't count on getting kneecapped by petty Philadelphia politics. Their story is a cautionary tale for anyone who wants to start a small business in this city. Zoga and Bales, two smart moms who live in Chestnut Hill, spent a couple of years planning Good Food Market, an upscale shop that sells prepared foods and caters to other busy neighborhood families.
November 6, 2013 |
Leaders of the largest employee union at The Inquirer on Monday declared they would stay neutral in the fight for control of the newspaper's parent company, despite fresh lobbying from co-owner George E. Norcross III. After meeting with him for nearly two hours, the executive board of the Newspaper Guild rebuffed Norcross' request that it back his effort to persuade co-owners Lewis Katz and H.F. "Gerry" Lenfest to sell their 42 percent stake in...
November 8, 2013
M ICHAEL A. BROWN, 38, of Blackwood, Camden County, is the founder and president of Environmental Construction Services, an HVAC company in Somerton that does energy-retrofit projects. Brown was one of 23 small-business owners who recently completed the Goldman Sachs "10,000 Small Businesses" training program at Community College of Philadelphia. Right now, he's with Mayor Nutter and other business leaders on a trade mission to London and Tel Aviv. Q: What did you learn during the Goldman Sachs program?