Tag: PACT

FEATURED COMPANIES

surendra

The 2021 Featured Company Experience
Audience Members will have the chance to vote during each presentation segment! Your votes combined with judges votes will decide which companies move on to enter the Lion’s Den. 48 companies were chosen. 10 will move on to the Lion’s Den Finale. 3 companies will pitch their innovations LIVE to our Lions on November 4th. Connect with all of our companies after the Lion’s Den at the Gala Reception

What is PACTcapcon like for Featured Companies? 
Out of over 150 submissions, around 45-50 Entrepreneurial Companies are chosen to pitch their innovations live in front of investors, professional advisors and key decision makers at the Capital Conference. During pitching hours, featured companies receive direct feedback with hopes to take home funding, gain experience and make lasting business connections. Then, select companies are chosen to enter the Lion’s Den for a shot at on-site commitments from highly successful entrepreneurs turned investors. Over the past 6 years companies have raised $5m in the aggregate of funding.

2021 Featured Companies

Early Stage Selections
BettorFantasy
Cliquify
Empact
EmpathED
FLX Solutions
Fulton
Journal My Health
Kith + Kin
Lil Mixins
LLuna
Lula, Inc.
MindStand
Naturaz
Sweft
Stash

Healthcare Selections
BioStream Technologies
Cogwear
DermaClip
ExpressCells
Group K Diagnostics
Hale Therapeutics
Linshom
MBF Therapeutics
Neoneur
NeuTigers
Ostiio
Pression
Synthis Therapeutics
Trace Orthopedics
Trova Health


Technology Selections
Agora World
Boostpoint
CareAlign
Epilogue Systems
Face2Face Health
GoCoach
GrowFlux
Keriton
Premium Choice
Reflexion
Rymedi
Space-Eyes
studio BE
TEAMology
Veracuity

Lion’s Den Returns
The PACT Capital Conference 2021 will feature the return of its interactive Company Presentation format that provides featured companies with direct feedback from selected venture investors. Based on this feedback and audience votes, selected featured company presenters will be considered for Lion’s Den entrance. Only 3 companies will make it to the Lions! This year’s Featured Company Experience is NOT one to miss! Audience Members will have the chance to vote during each segment! 

What is the Lion’s Den?
 An interactive panel of highly successful entrepreneurs presented with investment opportunities from Featured Companies. They will choose up to four companies to enter the Lion’s Den for the final round. The Lions will make investment commitments LIVE in front of the audience for select finalists.

How Can You Be Considered for the Lion’s Den? (Optional)
The information gathered by our panel of investors during the “Direct Impact” featured company presentations on November 4 will be used to select the finalists to enter the Lion’s Den.
Consideration for the Lion’s Den is optional. Featured company applicants interested in being considered expressed their interest during the application process.

Company Application Platform

Qualifications

  • Top emerging companies from the Technology, Healthcare, and Early Stage sectors
  • 12-14 companies per industry to present in the months to come 
  • All stages of development

We accept company slide decks and an optional 5 minute demo video for the selection committee to review. To be considered for a presentation slot, companies should include FULL CONTACT INFORMATION. 

Application Criteria

  • Decks should be limited to 15 slides (including the cover)
  • The following information shall be included/addressed in the Investor Deck:
    • Summary Financial Data: 5 YR Summary Income Statement: (Revenue, Cost of Goods Sold, Gross Margin and EBITDA) for the 2 most completed years, the current year and the next 2 years.  For example, a calendar year company would present 2019, 2020, 2021, 2022 and 2022.  If the company had no operations in 2018 or 2019 put N/A in applicable year(s).
      • Please list application information in this format:
        2019 2020 2021 2022 2023
        • Rev
        • CGS
        • GM
        • EBITDA
        • (Numbers in ‘000’s)
    • Capital Raised to Date.  Investors – If capital has been raised by institutional investors please note by who.  If raised by angle investors or HNW individual you may just note as Angles or HNW (unless you wish to disclose)
    • Amount of Financing Sought and use of funds
      • Please list the firms with which the company has key professional relationships, specifically (if applicable): Accounting, Legal and Commercial Bank
      • Current Headcount
      • Location
      • Contact information for the CEO and, if applicable, senior financial member of the team (Controller, VP of Finance, CFO)
  • The Investor Deck should address the following:
    • Vision/Elevator Pitch
    • The problem/pain point the offer addresses
    • Market Opportunity
    • Your Solution: Product/Service description
    • Please include stage (prototype, beta, live in 10 client sites, etc.)
    • Revenue Model and Pricing
    • Marketing Plan
    • Team
    • Financial Projections (see additional details above)
    • Competitive Landscape

PACT Recognizes Technology, Healthcare and Life Sciences Innovation and Leaders in the Philadelphia Region at the 2021 Enterprise Awards

Chris Cantz

Philadelphia, PA., June 30, 2021 – PACT, the Philadelphia Alliance for Capital and Technologies, culminated two days celebrating the Philadelphia region’s technology, healthcare and life sciences innovators and leaders tonight at the 2021 PACT Enterprise Awards. Following the region’s first, large-scale gathering post-pandemic, the virtual event recognized 27 outstanding individuals and organizations through nine competitive categories. Josh Kopelman was recognized during Tuesday’s in-person event as the Legend Award Honoree, an award presented annually to an individual who has actively supported technology and innovation in the region through leadership and exemplary work.

“As the leading association for technology and life sciences in the Philadelphia region, PACT is incredibly proud to welcome the community back to celebrate the local investors, entrepreneurs and businesses who are transforming life sciences, healthcare and technology and their related fields worldwide,” said Dianne Strunk, Vice President, PACT. “The Enterprise Awards have a long history of recognizing those making a tremendous impact, and it’s my honor to congratulate each of them on their success.”

Introducing the 2021 PACT Enterprise Awards winners:

  • Healthcare Innovator: NeuroFlow – Philadelphia, PA
  • Life Sciences & Healthcare CEO: Maria Maccecchini, Annovis Bio – Berwyn, PA
  • Life Sciences & Healthcare Emerging: Incyte – Wilmington, DE
  • Life Sciences & Healthcare Startup: Envara Health, Inc. – Malvern, PA
  • Technology Company: Suvoda – Conshohocken, PA
  • Technology CEO: Larry Berran, iPipeline – Exton, PA
  • Technology Emerging: Greenphire – King of Prussia, PA
  • Technology Startup: CrossBeam – Philadelphia, PA
  • Investment Deal: Vertex – King of Prussia, PA

In addition to the competitive award categories, PACT recognized Josh Kopelman, Founding Partner of First Round Capital as the Legend Award Honoree, during the in-person celebration event the prior evening.

Josh has consistently ranked in the top 20 of Forbes annual “Midas List” of the top 100 tech investors. Before becoming a venture capitalist, Josh founded three companies: In 1992 Josh co-founded Infonautics Corporation – taking it public in 1996. Josh co-founded Half.com in 1999 and led the company through its acquisition by eBay. And in 2003 Josh helped to found TurnTide, an anti-spam company that was acquired by Symantec. Josh is an inventor on over a dozen U.S. Patents for his work in Internet technology. On a local level, Josh also serves as Chairman of the Board for The Philadelphia Inquirer, LLC and is a member of the board of directors of the Ed Snider Youth Hockey Foundation.

The full 2021 Enterprise Awards Broadcast can be found on our YouTube Channel by clicking HERE

 

About Philadelphia Alliance for Capital and Technologies (PACT) 

PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. www.philadelphiapact.com.

 

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WINNERS

Kurt Schiller

Enterprise Awards 2021 Winners

 

 

2021

WINNER

CATEGORY

 

Crossbeam

Technology Startup

Envara Health

Life Sciences & Healthcare Startup

Greenphire

Technology Emerging

Incyte

Life Sciences & Healthcare Emerging

Vertex

Investment Deal

Larry Berran, iPipeline

Technology CEO

Maria Maccecchini, Annovis Bio

Life Sciences & Healthcare CEO

Suvoda

Technology Company

Neuroflow

Healthcare Innovator

 

View All PAST Winners »

 

 

How Can PACT Help the Community?

Amanda Nardi

The PACT Community’s Health and Safety stand as our top priority. We will continue to monitor and respond to news regarding the rapidly changing COVID-19 pandemic. In the face of this uncertainty, PACT is dedicated to supporting our members and serving their needs of customers, capital, connections, and talent.

We recognize the heightened concern and are taking measures to protect our members, event attendees, and team while still providing support to our community and opportunities to connect and collaborate.

How are current events affecting you, and how can we help?

  • Email us with any request and we will respond quickly.
  • In addition, regional economic development agencies including PACT created a survey for businesses impacted by COVID-19. As this survey is directed to a broad array of businesses, please describe your company using the “other” section when registering company type.

How is PACT working to continue to connect our community?

  • All programs will be virtual for the next several months. Please visit our events calendar to stay informed about our evolving schedule.
  • Our team is currently testing a variety of technologies and planning how to deliver content and create robust virtual connectivity for our community.
  • Our Mentor Connect program has moved fully to virtual sessions and is available to our mentees to discuss any issues and in particular, Coronavirus-related business impact.
  • Members are invited to take advantage of PACT’s marketing initiatives for added visibility and attracting customers.

Overall, we understand that COVID-19 will have a significant impact on businesses and our economy. PACT is here to support you and to help move our community forward in the days we face ahead.

All Our Best,
The PACT Team

Jennifer Cohen
Cheryl Jarvis Johnson
Dean Miller
Amanda Nardi Di Filippo
Danielle Pinto
Dianne Strunk
Kim Tuski

Technology Customer Connect

Amanda Nardi

DOWNLOAD CUSTOMER CONNECT APPLICATION 

Does your company have what it takes to be a technology supplier for regional enterprises?

If YES, apply now to present in TER Customer Connect! This FREE initiative allows enterprise CIOs and technology buyers to meet innovators from all growth stages and build business together.

Who Are the Buyers? 
A few of the targeted buyers looking to meet entrepreneurs will include: AGI,Bentley,CardConnect,Comcast,CSL,Ellucian,Fulton Financial,GSK,Independence Blue Cross,Penn Mutual,Qlik,Reed Technologies,SEI,Shire,UPenn,Vanguard and Vertex

If your company has what it takes to be an innovative technology supplier to regional enterprises apply now to participate in PACT’s Technology Customer Connect initiative, which offers a structure for enterprise CIOs and technology buyers to meet innovators from start-up, growth-stage and established companies to pursue strategic relationships and business development.

Who Should Apply to Present?
Companies should apply if they offer innovative technology in the following fields: 

• Clinical Cloud
• Clinical Trail Optimization
• Artificial Intelligence
• Blockchain
• Cloud Security
• Internet of Things
• Machine Learning
• Predictive Analytics
• Cognitive Computing

How to Participate

To be considered for a presentation slot, please submit a slide deck and the application below.  Please email your completed application to Kim Tuski at ktuski@philadelphiapact.com by May 18, 2018.   If approved, you’ll have 10 minutes to present your technology, service or product and another 5 minutes for Q&A.

Event Details:

THURSDAY, June 14, 2018
SAP
3999 West Chester Pike
Newtown Square, PA 19073

DOWNLOAD CUSTOMER CONNECT APPLICATION

Please fill out the PACT Customer Connect Application and submit to Kim Tuski. If you have any questions, contact Kim Tuski or Dianne Strunk.

2017 Philadelphia Venture Report

Amanda Nardi

Data provided by Pitchbook
Sponsored by Ben Franklin Technology Partners, Morgan Lewis, EY, Fairmount Partners, Safeguard, BioAdvance, Life Sciences PA, CEO Council for Growth, and Merrill Corporation

In 2016, startups headquartered in the Philadelphia area raised more than $1 billion in VC, double the amount seen a decade earlier. Though 2017 isn’t on a similar pace, it is poised to become the fourth consecutive year with over $700 million in deal value.

This report explores the drivers of that surge, along with other facets of Philadelphia’s burgeoning tech scene.

Read full report.

PACT and Ben Franklin Launch Mentor Connect

Amanda Nardi

Collaboration brings unprecedented, qualified mentorship to CEOs and leaders within PACT and Ben Franklin companies

Philadelphia, Aug 29, 2017 – The Philadelphia Alliance for Capital and Technologies (PACT) and Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) publically announce Mentor Connect, a program providing founders and leaders of emerging companies with coaching, connections, and tools to successfully grow their businesses.

Mentor Connect brings the experience of a curated team of leaders and experts to the entrepreneurs most ready to grow, assisting in the development of their business skills. As guided by the principles and standards of MIT Venture Mentoring Service, mentors deliver impartial and unbiased advice by a code of ethics to which all must adhere. Entrepreneurs from the PACT and Ben Franklin networks receive practical hands-on advice from teams of three to five mentors, tailored to each venture’s needs. The mentors volunteer their wealth of entrepreneurial insights from a broad range of industry and market-tested experience.

Thanks to positive response received from both entrepreneurs and mentors alike since the July 2016 soft launch of the program, PACT and Ben Franklin have already doubled Mentor Connect’s capacity to connect entrepreneurs and mentors, with close to 40 mentors, 27 mentees, and about 60 mentoring sessions already facilitated by the program. “I think the program is incredible,” says Mentor Connect participant, Kim Coffey of Talex Medical, “It is an amazing opportunity to learn from seasoned professionals at zero cost. I am lucky to have three mentors from different backgrounds and varied expertise that contribute greatly to guiding me in my maiden voyage.”

“When an entrepreneur with a good idea is matched with a team of mentors with proven skills and experience, their venture is more likely to succeed,” explained Dean Miller, PACT President and CEO. “We are enormously proud of year one’s success and what we were able to accomplish in such a short time. I look forward to seeing what the future holds for Mentor Connect.”

“Ben Franklin’s focus is on the entrepreneur,” said RoseAnn B. Rosenthal CEO of Ben Franklin Technology Partners. “We want to help the CEO to achieve his or her vision while building a growing enterprise that creates value for our region. Mentor Connect offers focused support to the CEOs of our portfolio companies. It also re-engages, as mentors, some of our most successful entrepreneurs, men and women who are now on their second or third businesses and who are ready to give back by sharing their real experiences with new, first time entrepreneurs,” she added.

For more information, please visit mentorconnectphl.com and contact Jennifer Cohen.

 

About Ben Franklin Technology Partners of Southeastern Pennsylvania
Ben Franklin is the most active early stage capital provider for the region’s technology sectors. Ben Franklin combines best practices of venture capital with a public-spirited purpose: leading the region’s technology community to new heights, creating jobs and changing lives for the better. Ben Franklin is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority. www.sep.benfranklin.org

About PACT

Philadelphia Alliance for Capital and Technologies (PACT)’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. Visit www.philadelphiapact.com for more information.

 

Media Contacts

Amanda E. Nardi,

Public Relations and Marketing

PACT

(215) 790-3608

 

Amanda V. Wagner

Public Relations and Community Development Associate

Ben Franklin Technology Partners

(215) 972-6700

 

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PACT Supports the International Entrepreneur Rule

Amanda Nardi

Alongside the National Venture Capital Association, PACT will be signing a letter in support of the International Entrepreneur Rule. We stand ready to help implement this rule that will ultimately allow the creation of new companies in the United States of America. Unfortunately, the Department of Homeland Security (“DHS”) has delayed the effective date of the International Entrepreneur Rule and plans to propose to rescind the rule. This decision contrasts with President Trump’s goal of spreading economic prosperity across the United States and ensuring the U.S. remains the global leader in innovation. We strongly encourage DHS to keep the rule in place and use the effective date delay to prepare for accepting applications from entrepreneurs beginning in March 2018.

Here are the benefits of keeping the International Entrepreneur Rule in place.

  • The International Entrepreneur Rule will allow the world’s best entrepreneurs to create jobs in our country, rather than overseas where they will then compete with American workers.
  • Keeping in place the International Entrepreneur Rule would further President Trump’s goal of spreading economic prosperity to areas of the country in desperate need of new jobs.
  • Unfortunately, American entrepreneurship is at a crossroads. Immigrant entrepreneurs can provide a key shot of entrepreneurial energy into the U.S. economy.
  • Retaining the International Entrepreneur Rule will also further President’s Trump’s goal of making the U.S. more competitive on a global basis.
  • The United States must keep in place the International Entrepreneur Rule to attract the best entrepreneurs rather than push them away.

The administration can embrace the economic benefits by not seeking to rescind the rule and instead by preparing to accept applications from talented entrepreneurs who will bring with them new jobs for Americans who need them.

Read the final letter.

Philly tech execs went to Harrisburg to lobby against Pa.’s proposed ‘Tech Tax’

Amanda Nardi

Written by Roberto Torres, Tecnical.ly Philly

PACT organized the field trip of sorts in partnership with the Pittsburgh Technology Council.

Alongside the Pittsburgh Technology Council, PACT rallied eight tech execs from the Philly area and headed to Harrisburg last Tuesday. The goal? Speaking out against the proposed rehashing of a six-percent sales tax on computer services and software found in the commonwealth’s latest budget proposal.

Here’s the list of Philly folks that headed to the capitol (including more than a couple familiar names):

  • Chris Cera, Arcweb Technologies
  • Rich Napoli, ObjectFrontier
  • Chris Schalleur, Christo IT Consulting
  • Alex Urevick-Ackelsberg, ZivTech
  • Lauren Schwartz, TechWise Group
  • Greg Sterndale, PromptWorks
  • Dawn McDougall, Operations Manager, PromptWorks
  • Matthew Donegan, Senior Technical Architect, Strava Technology Group

Click here to read the full article.