Pennovation Works 2023 Year in Review

In 2023, Pennovation Works continued to evolve and cultivate an innovative and collaborative environment for its more than 100 companies and research entities. The 23-acre innovation hub is powered by its robust community of researchers, entrepreneurs, and industry partners working to solve real-world problems and translate inventiveness into viable ventures.

Pennovation Works' distinctive blend of offices, labs, and production space paired with its dedicated team and industry mentors, creates the right environment for entrepreneurs to nurture and develop their startups within the community. As a result of this success, Pennovation Works remains a leader in Philadelphia’s life science and technology ecosystem and is viewed as a model of excellence for other innovation hubs.

The following pages highlight the stats, stories, and impactful projects that occurred in 2023. Discover why Pennovation Works continues to be Where Ideas Go To Work, and learn about the innovative discoveries and research that shaped another successful year by reading the full 2023 Year in Review below.

Download a pdf version here.