Pennovation Accelerator Summer 2023

The Pennovation Accelerator invites a cohort of local startups to engage in a six-week program to develop their business strategy and cultivate their network.  Cohort companies will  participate in weekly educational sessions presented by subject matter experts.  Each company is paired with an experienced mentor to advise them on their journey. In addition, curated networking opportunities help the companies make connections into the larger Philadelphia entrepreneurial community.

PCI Ventures 2022 Spotlight

Pennovation Works is proud to share the PCI Ventures 2022 Spotlight. The annual report highlights PCI Ventures’ impressive portfolio companies, profiles their dedicated company leaders, and includes examples of the unique programming and services provided to this community.

PCI Ventures has been in operation for 12+ years, below are a few overall statistics featured in the Spotlight’s By the Number section.

Mentor-in-Residence Winter Recap

The Pennovation Center Mentor-in-Residence (MIR) Program pairs our startup companies with accomplished entrepreneurs and industry leaders who serve as informal advisors. Each month, one Mentor hosts virtual office hours to answer business questions on topics ranging from business strategy to market penetration and fundraising.

Pennovation Works Alumni: Verge Aero Takes Flight

After nearly three years cultivating their business within the Pennovation Works ecosystem, Chris Franzwa, Anthony Merlino, Tony Samaritano, and Nils Thorjussen, founders of Verge Aero, are packing up their drones and heading south. Verge Aero is a drone automation company specializing in the automation of drones for new markets such as drone delivery, choreography, and developing enabling technologies. They develop and manufacture everything necessary to easily create and fly sophisticated drone shows.

Introducing the 2022 Pennovation Accelerator Cohort

The 2022 Pennovation Accelerator officially launched Wednesday, June 15th for the program's fifth summer!

The Pennovation Accelerator cohort companies represent a variety of industries across consumer products, health tech and robotics.  The 6-week curriculum will focus on the makings of a strong pitch, from business model to storytelling, and will culminate in a Pitch Day on Wednesday, July 27th (save the date!). 

Longfellow Real Estate Partners with Penn to develop 455,000 sq. ft. new facility

Longfellow Real Estate Partners with the University of Pennsylvania to Develop 455,000 sq.ft. Life Sciences Research, Development and Manufacturing Facility

Ground-up life science development at Pennovation Works marks first Philadelphia asset for one of the nation’s leading life science investors

Press/Media Contacts: 

Casey Angel, Associate Director, Corporate Communications, Longfellow Real Estate Partners, (619) 400-7990, cangel@lfrep.com