PACT presents the 26th Annual Enterprise Awards

The Enterprise Awards remain the region's most prestigious business honors for technology and life sciences companies, leaders, and entrepreneurs. Attracting more than 900 prominent business leaders, the Enterprise Awards black-tie gala celebrates achievement, innovation, and success in the Greater Philadelphia region.

Announcements

Nominate a Company

The 26th annual Enterprise Awards will present 10 competitive awards. Nominations are now being accepted. Submit your nominations before Monday, November 19, 2018. Nomination Form »

 

Tribute Journal

The Tribute Journal is distributed to all Enterprise Awards Gala attendees — 900 of the region’s leading Professional Advisors, the Investment Community and Technology, MedTech, and Health and Sciences companies, leaders, and entrepreneurs. Learn more »

Tribute Journal View PDF »

 

Reserve Tickets

Join the region’s elite business community for a night of honors, celebration, and networking. Reserve Tickets for the 26th annual Enterprise Awards Black-tie Gala in May 13, 2019 at The Kimmel Center.

Reserve Tickets Click here »

Announcements

ABOUT

About the 2019 Enterprise Awards Categories

Nomination Form »

Technology Startup

Sponsors: Pepper Hamilton

Criteria:

  • Company must have operating results of three years or less.

Key Considerations: Product or service innovation including market need or assessment and potential for significant growth; the management team and its ability and record of achieving success; and a demonstration of success such as significant milestones, raising capital, and revenue.

Technology Emerging

Sponsors: Fox Rothschild and EisnerAmper

Criteria:

  • Company must have at least four years of operating results.
  • Revenues must be less than $50 million, except in the most recent fiscal year.

Key Considerations: Product or service innovation, including proprietary technology or other advantage; company milestones including strategic decisions made by management that led to growth in revenues and/or earnings; strength of management team including ability to raise capital; and profitability or demonstrated ability to achieve profitability such as strategy to achieve break even and the ability to realize high gross margins.

Technology CEO

Sponsor: Cozen O’Connor

Criteria:

  • Individual’s background and his/her company’s success to date.

Key Considerations: Describe CEO’s management accomplishments and philosophy, including the communication of a vision and goals as achieved by the company; leadership and impact in industry and/or market; ability to attract and retain talented resources; company milestones including financial accomplishments, and a strategy for continued company success; and community/industry involvement. Extra consideration is given to leaders who have contributed more broadly to the strengthening and promotion of the tech industry in the region.

Technology Company

Sponsor: Comcast Business

Criteria:

  • Company with more than $50 million in revenues in the most recently completed fiscal year.

Key Considerations: Leadership and product and/or service innovation in an industry or market; significant company milestones including financial accomplishments; and community and industry involvement.

Digital Innovation

Sponsor: Capgemini

The Digital Innovation Award is presented to a company that is driving digital transformation and innovation.

Criteria:

  • Nominee is a company that has applied new or existing technology in a unique or innovative way to solve a business problem or advance business goals.
  • Nominee must have $1 billion or more in annual gross revenues and employ more than 1,000 employees.
  • This can include an invention or early adoption of next-generation technology either for internal utilization or commercial application.

Investment Deal

Criteria:

  • Deal must have been fully executed between January 1, 2018 and December 31, 2018.
  • Events that qualify for this category include Exit Transaction (e.g. IPO), Capital Raising Transaction (e.g. financing: debt, mezzanine, equity; recap), Buy-side or Sell-side of a Merger & Acquisition Transaction.

Key Considerations: Entries must include: Brief history/background to deal, Financial breakdown/deal mechanics, Reason for submitting. Discuss value to sponsor’s shareholders and/or commercial strategy, innovation and contribution to market development.

Healthcare Startup

Criteria:

  • Company must have operating results of three years or less.

Key Considerations: Discuss product innovation including market need/assessment and potential for significant growth; discuss management team and its ability and record of achieving success; provide demonstration of success (e.g., significant milestones, raising capital, revenue, etc.). Describe the R&D investment strategy.
What did the company do to overcome challenges in financing, development or commercialization?

Healthcare Emerging

Sponsor: RSM and SAP

Criteria:

  • Company must have more than 3 years of operating results.
  • Must have sales, grants, or licensing fees.

Key Considerations: Describe product, including proprietary applications or other advantage. What animal or OUS clinical work has been done to prove the technology? Describe the impact on the clinical problem this technology is trying to solve (e.g. saving a hospital money on a procedure, making a clinician more productive, etc.)
Address strength of management team including ability to raise capital, and profitability or demonstrated ability to achieve profitability (e.g., strategy to achieve break even, ability to realize high gross margins) or decisions that led to corporate collaborations or license deals.

Healthcare CEO

Sponsors: EY and Morgan Lewis

Criteria:

  • Individual’s background and his/her company’s success to date.

Key Considerations: Describe CEO’s management accomplishments and philosophy, including the communication of a vision and goals as achieved by the company; leadership and impact in industry and/or market; ability to attract and retain talented resources; company milestones including financial accomplishments, and a strategy for continued company success; and community/industry involvement. Extra consideration is given to leaders who have contributed more broadly to the strengthening and promotion of the life sciences industry in the region.

Healthcare Innovator

Sponsor: Independence Blue Cross

Criteria:

  • The nominee can be a company, researcher, investor or individual providing an innovative solution that has the potential to make a large and positive impact on cost, quality, and/or access in health care.

Key Considerations: The nominee should have a demonstrated business model for its solution and demonstrate the ability to generate rapid growth.

The nominee should be able to demonstrate return on investment or clinical impact of its solution.

The nominee can be in any sector (technology, life sciences, investment, health care delivery, etc.), but must be serving the healthcare industry in Greater Philadelphia.

The nominee must demonstrate creativity and passion to re-thinking health care in the region and to driving exceptional health outcomes or dramatically lowering costs.

Legend Award (Lifetime Achievement)

The Legend Award for Lifetime Achievement is presented to an individual who has forwarded technology and sciences in the region through leadership and exemplary work. The Legend recipient must have a strong connection to the community, a history of personal accomplishments and a track record of success.

NOMINATION

2019 Enterprise Awards Nomination Form

The Enterprise Awards, presented by PACT in partnership with KPMG, recognizes and honors leadership and outstanding achievement in investment and in the technology, health and sciences industries throughout the region.

Award Criteria »






Technology StartupHealthcare StartupTechnology EmergingHealthcare EmergingTechnology CEOHealthcare CEOTechnology CompanyHealthcare InnovatorDigital InnovationInvestment Deal

EVENT DETAILS

May 13, 2019

Join the region’s elite business community for a night of honors, celebration, and networking. Reserve a table, half table or seat for the 26th annual Enterprise Awards gala in Monday, May 13, 2019.

Black-Tie Gala

Please note —  For men, the traditional black tuxedo is expected dress and for women, it is customary to wear gowns or evening cocktail dresses. Take a look at a few photos from last year’s Enterprise Awards.

The Kimmel Center for the Performing Arts
300 South Broad Street, Philadelphia

Please use the main entrance on South Broad Street

5:30 PM — Doors Open and Light Refreshments
6:00 PM — Awards Ceremony
7:00 – 10:00 PM — Annual Black-tie Gala featuring Open Bar and Cocktail Stations

Most Convenient Parking Locations:

The Kimmel Center garage – limited availability. The entrance to The Kimmel Center parking garage is located just south of the Broad Street entrance to the building and can be accessed only by cars traveling south on Broad Street.

Avenue of the Arts garage is located on 15th Street between Locust and Spruce Streets.

Directions to the Center and Additional Parking options can be found in the link below:
https://www.kimmelcenter.org/plan-your-visit/how-to-find-us/ »

Reserve Tickets

Join the region’s elite business community for a night of honors, celebration, and networking.Reserve Tickets for the 26th annual Enterprise Awards black-tie gala in Monday, May 13, 2019.

Tribute Journal

2019 Enterprise Awards Tribute Journal

Reserve Your Tribute Journal Message

PACT will present a commemorative Tribute Journal to all guests of the Enterprise Awards. The Tribute Journal is an ideal opportunity to recognize our honorees and finalists at the Enterprise Awards by honoring them in the context of a memorable message.

The deadline to reserve your Tribute Journal message is March 6, 2019.


Choose a full-page message featured in the Tribute Journal - $1,600Choose a half-page message featured in the Tribute Journal - $1,200

View the 2018 Tribute Journal »

Information

For more information, please contact Dianne Strunk.

Reserve Tickets

Join the region’s elite business community for a night of honors, celebration, and networking. Reserve Tickets for the 26th annual Enterprise Awards Black-Tie Gala at The Kimmel Center in May 13, 2019.

JUDGES

2019 Enterprise Awards Judges

Technology Judges

  • Brian Kim
    Principal
    NewSpring Capital
  • Brian Knotts 
    Senior Vice President, Applied Research
    Ellucian
  • Calvin Knowlton 
    Chief Executive Officer
    Tabula Rasa
  • Chris McNabb 
    Chief Executive Officer
    Dell Boomi
  • David Drahms
    Partner
    Osage Venture Partners
  • Doc Parghi
    Operating Partner
    SRI Capital
  • Donna Cordner
    Managing Partner
    OKM Capital
  • Ebony Lee
    VP, Strategic Development
    Comcast
  • John Viglione
    Executive Vice President
    Vertex
  • Larry Berran
    Chief Operating Officer and CFO
    iPipeline
  • Mary Ford
    Vice President and Chief Information Officer
    Einstein Healthcare Network
  • Matt Klinger
    Senior Vice President, Market Manager
    BridgeBank
  • Ryan Limaye 
    Managing Director, Global Head of Enterprise and Communications Technology
    Goldman Sachs
  • Warren Pennngton
    Global Head, Office of Investment Management Fintech Strategies
    Vanguard
  • William Marvin
    Chief Executive Officer
    InstaMed

Healthcare Judges

  • David Yonce
    Vice President, Global Head of Innovation
    DSM Biomedical
  • Elaine Jones
    Vice President, Venture Capital, Worldwide Business Development
    Pfizer Venture Capital
  • Gerianne DiPiano
    Chief Executive Officer
    FemmePharma
  • Greg Cathcart
    Chief Executive Officer
    Excellis Health Solutions, LLC
  • Jane Hollingsworth
    Managing Partner
    Militia Hill Ventures
  • Kevin Brophy
    Life Sciences Industry Principal
    SAP
  • Osagie Imasogie
    Senior Managing Partner
    Phoenix IP Ventures
  • Rob Capobianco
    Vice President, Value Based Payments
    Change Healthcare
  • Zev Sunleaf
    Vice President, Office of Technology Transfer, Commercialization & Innovation
    Children’s Hospital of Philadelphia

VIDEO & MEDIA

2018 Enterprise Awards Video & Media

News

 

Philadelphia Business Journal: The winners of PACT’s 2018 Enterprise Awards are…

 

Technical.ly Philly: Dell Boomi, Perpay, Relay win 2018 PACT Enterprise Awards

 

Philadelphia Magazine: These Innovators Won Big at the 2018 PACT Enterprise Awards

 

Videos

25th Anniversary Enterprise Awards: SHOW OPEN

2018 Enterprise Awards DIGITAL INNOVATION Honoree

2018 Enterprise Awards HEALTHCARE STARTUP OF THE YEAR

2018 Enterprise Awards TECHNOLOGY STARTUP OF THE YEAR

Enterprise Awards Remembers STEVE GOODMAN, a true legend

Fairmount Partners supports the PHL Underdog

2018 Enterprise Awards INVESTMENT DEAL OF THE YEAR

2018 Enterprise Awards HEALTHCARE EMERGING

2018 Enterprise Awards TECHNOLOGY EMERGING

2018 Enterprise Awards HEALTHCARE CEO  

2018 Enterprise Awards TECHNOLOGY CEO

2018 Enterprise Awards HEALTHCARE INNOVATOR

PAST WINNERS

Enterprise Awards Past Winners

2018

WINNER

CATEGORY

PerPay

Technology Startup

Talee Bio

Healthcare Startup

Relay Network

Technology Emerging

Genomind

Healthcare Emerging

Penn Medicine

Digital Innovation

Frontline Education

Investment Deal

EPAM, Arkadiy Dobkin

Technology CEO

Frontage Laboratories, Song Li

Healthcare CEO

Dell Boomi

Technology Company

Spark Therapeutics

Healthcare Innovator

Michael DiPiano, NewSpring

Legend Award Honoree

SPONSORS

2019 Enterprise Awards Sponsors

Competitive Award Sponsors

Event Sponsors

FINALISTS

2019 Enterprise Awards Finalists

2019 Enterprise Awards Honorees and Finalists to be announced in February, 2019.

2018 Enterprise Awards Honorees

Legend Award Honoree

Sponsored by: SAP and RCCB Law

Michael DiPiano

NewSpring
General Partner

 

Michael DiPiano

Michael DiPiano is Managing General Partner and co-founder of NewSpring. He is a General Partner of the Firm’s dedicated growth equity funds and serves as a member of the investment committee of all NewSpring funds.

Before co-founding NewSpring in 2001, Mike was a serial entrepreneur and investor. Mike has led or co-led investment into companies in the business services, healthcare and information technology industries.

Previously, Mike was affiliated with Safeguard Scientifics Inc. from 1996 to 1998 (NYSE:SFG) and was a division CEO and Director of Chemical Leaman Corporation from 1990 to 1996. Mike began his career in 1980 with Baxter Healthcare Corporation (NYSE:BAX). He held numerous positions at Baxter, culminating as Vice President responsible for Operations and Sales of the Industrial Scientific Products Division.

He received a BS from Penn State University and an MBA from the Stern School at New York University.

Digital Innovation Honoree

Sponsored by: Capgemini

World-renowned for clinical, educational, and research excellence, Penn Medicine is one of the nation’s top academic medical centers. Our Information Services Department develops and manages technology that supports the day-to-day clinical, research, educational, financial, and management operations of five hospitals, several satellite practices, and more than 5,000 physicians. The Penn Metabolic and Bariatric Surgery Program offers complete surgical, nursing, nutrition, and psychological care for people with severe obesity.

We are trying to help patients with significant obesity lose weight through bariatric surgery, which reduces the size of the stomach and is the most effective and durable treatment for severe obesity. Today, 37.7 percent of US adults have obesity (while another one-third are overweight). Obesity is linked to heart disease, stroke, type 2 diabetes, and some types of cancer. Estimated annual obesity-related health care costs (excluding employment-related and social costs) in the US are $190.2 billion-almost 21 percent of annual medical spending. While 16 million US adults are candidates for bariatric surgery, only one percent receive the treatment—with the complexity and overwhelming nature of the preoperative process serving as the primary barrier. In addition to extensive pre-op testing, this process includes up to six months of supervised weight loss (required by most insurance companies) and certain lifelong post-op food restrictions.

Health care apps are based on the well-documented finding that patients want to be engaged in their own care. While most commercially available health apps are primarily directed at patients, Penn Life Gained, the Penn Medicine bariatric surgery app, early adoption technology launched in October of this year, is aimed at both patients and care-providers Additionally, patients use social media to share experiences with other patients, https://www.facebook.com/groups/420132461450511/). The app will generate more efficient care as a result of connecting the physician and patient to the care plan. It builds on and extends the benefits of Apple CareKit, an open-source software framework that allows developers to create apps for helping patients manage their medical conditions. Through the CareKit side of the Penn app, our patients: 1) receive pre- and post-op instructions and meal-time and supplement reminders; 2) monitor food intake, calorie count, and nutrition content; 3) set and track progress on personal goals; 4) gain access to online resources such as weight-loss support groups and recipes for healthy meals; 5) check their daily step counts and expended calories; 6) identify and report symptoms; and more, all with the goal of a better surgical outcome and sustained, life-long weight loss. In contrast to the few existing bariatric apps, our Penn-physician-designed adaptation includes a unique clinician facing app that enables doctors, nurses, and dietitians to supply targeted, individualized care, making adjustments as needed in response to real-time patient data and information. Through this clinician app, care-providers gain pre-op access to patients’ caloric intake, food choices, activity levels, and more in one convenient dashboard and communicate feedback and recommendations back to the patient-ideal for managing care and maintaining momentum between office visits. Post-op, clinicians can track patient progress, e.g., caloric and activity levels, vitamin and supplement adherence, and respond to episodes of pain, nausea, vomiting, problems at incision sites, and other symptoms reported by patients. (This information can also be incorporated into decision-support software for bariatric surgeons.) A key feature allows clinicians to customize the app, e.g., removing the post-op goal of daily weighing if a patient has a history of bulimia. Feedback from users and potential users has been positive: “I call and tell them that information all the time, so … there’s less I need to look up and tell them.” “I just like it that there’s someone else watching me.” “Knowing that Penn is behind [the app] … would make me feel comfortable using it.”

Since there are many commonalities in patients’ pre- and post-op surgical requirements, there is enormous market potential for our app, essentially encompassing every form of surgery as well as numerous long-term health care problems such as cancer, diabetes, and cardiovascular disease. Additionally, Penn has entered into a contract with Independence Blue Cross, in which Penn will not seek reimbursement for hospital readmissions within 30 days after inpatient stay or surgery. By alerting physicians to patient hurdles and complications in real time and enabling timely interventions, the app may reduce 30-day, non-reimbursable readmissions. And by actively engaging patients with their caregivers in the demanding pre-op process described above, we expect to reduce the attrition rate and more successfully lead patients to having the surgery. Finally, bariatric surgery provides overall health care cost savings within two-four years of the procedure, reducing expenses for patients, insurers, and businesses that pay for their employees’ health insurance.

This blended patient/provider app is Penn-owned and Penn-developed, compelling features in light of Penn’s international reputation for health care excellence. Penn Metabolic and Bariatric Surgery, which developed the physician-side of the app in conjunction with Penn Medicine’s Information Services Department, is the highest volume and most experienced bariatric surgery practice in the Philadelphia area.


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