PACT Times

January 2017

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Phorum 2017

RedOwl Wins Phorum 2016 Demo Pit

EA 2017

Cover Stories

The Healthcare Industry's Prescription? Digital Disruption

Written by Dave Spencer, SAP North America


Credited to Shutterstock

The world's population is projected to grow to nearly 10 billion people by 2050, according to United Nations1 estimates. With many people enjoying longer lives, the healthcare industry will be required to adapt and grow.


Read full article »

The Ultimate Guide To Finding Your Next Technical Hire

Written by T. Brad Kielinski, IT Pros

it pros

Boolean Search, GitHub, Stack Overflow, AngelList, Twitter, LinkedIn, Google+, Meetup, Facebook.Are you ready?!


Read full article »

What's your story?

If you would like to write the cover story for upcoming editions of PACT Times, please contact Amanda Nardi by January 13th.

News & Announcements

What to expect for the New Year: A Look Ahead

Written by Dean Miller, President and CEO of PACT

Dean Miller

Happy New Year! We begin 2017 with a new approach to drive innovation and growth for businesses and entrepreneurs in Philadelphia. As we start a new and exciting year of progress and prosperity for our companies and our region, we look to 2017 with a plan to build on greatness from 2016 and years past. PACT's members range from the largest global enterprises to the startups in a garage - and we give thanks to all of you who have enriched PACT through your contributions to our organization.


Check out the PACT Team's Playlist to get moving in 2017 (keep scrolling down).


Read full article»

Life Sciences Yields $24.6B for Greater Philadelphia

$6.3B in investments are woven into economic fabric of the region

January 4, 2016 (Philadelphia, PA) - The Greater Philadelphia Region (GPR) is positioned to lead the next stage of disruption within the spectrum of Life Sciences disciplines, thanks to its world-renowned research institutions, top biomedical programs, and a healthy ecosystem of small and large enterprises and investment activity, a new study shows. Greater Philadelphia Life Sciences Report, the joint study by Ben Franklin, BioAdvance, CEO Council for Growth, the Chamber of Commerce for Greater Philadelphia, EY, Life Sciences PA, the Greater Philadelphia Alliance for Capital and Technology (PACT), Philadelphia Works, Select Greater Philadelphia Council, and the University City Science Center, in collaboration with IHS Markit, explores Greater Philadelphia's Life Sciences footprint and investment activity over the last five years and details the key findings that characterize the sector's evolution in the region.


Read Full Press Release»

PACT Foundation Breakfast: Connect. Engage. Grow.

Join PACT on International Women's Day, March 8th, for our annual Foundation Breakfast, as we gather to celebrate and support women-led enterprises and diversity in Philadelphia's innovation community. This year's event will have extended networking opportunities, as well as an interactive program featuring lightening talks from leading female innovators.


The PACT Foundation works to provide financial support to STEM-based initiatives and to women entrepreneurs in high-growth technology and life science companies in partnership with AWE (Alliance for Women Entrepreneurs) Ventures - Powered by Ben Franklin Technology Partners. Portions of the proceeds will go directly to AWE Ventures.


Register Now »

Save the Date for Phorum 2017: April 27, 2017

Digitizing the Enterprise - The future is NOW

Phorum 2017

Technology moves at an exponential pace and traditional organizations do not. True leaders cannot get left behind the digital curve. According to a recent McKinsey Study on Digital Quotient, Digital Leaders outperform their peers with 5X more revenue growth, 8X more operating profit growth, and nearly 2X better shareholder returns. Yet only 16% of companies are really positioned to be digital leaders in their respective markets. So while digital transformation is on the mind of most executives, there remains a significant gap in achieving the real impact of digitizing enterprises. To unleash these gains for your business true digital transformation requires rethinking how business is conducted including business processes, organization and talent, innovation models, and how to fully engage their digitally empowered customers.


Learn more and register today »

Get Moving in 2017 Playlist

What song is set as your wake up call and gets you motivated? The PACT Team assembled a playlist of personal favorites to get you up and start your year off right.


View playlist »


PACT MedTech Event  

January 19 | 8:30 - 10:30 a.m.
Pennovation Center | 3401 Grays Ferry Ave, Philadelphia, PA 19146

Sponsored by:



PACT Member Meetup

January 26 | 5:30 - 7:30 p.m.
LiquidHub | 500 East Swedesford Road, Suite 300, Wayne, PA 19087

Hosted by:



PACT Investor Dinner

February 22 | 5:30 - 8 p.m.
DAVIO'S Northern Italian Steakhouse | 200 Main Street, King of Prussia, PA 19406

Sponsored by:

bridge bank





PACT Foundation Breakfast

Connect. Engage. Grow.

March 8 | 8:30 - 10:30 a.m.
SugarHouse Event Center | 1001 N Delaware Ave, Philadelphia, PA 19125

Title Sponsor:



Phorum Philly 2017

Digitizing the Enterprise - The future is NOW

April 27 | 8:30 a.m. - 6 p.m.
SugarHouse Event Center | 1001 N Delaware Ave, Philadelphia, PA 19125

Title Sponsors:

Fairmount Partners



24th Annual Enterprise Awards

Recognizing Achievement in Technology, Healthcare, and Investment

May 18 | 5 - 9 p.m.
Pennsylvania Convention Center | Grand Hall and Ballroom

Title Sponsor:

Fairmount Partners

In Partnership with:




2/16 PACT/TiE Collaborative Pitch Event »

2/17 SaaS Roundtable »

2/23 Technology Executive Roundtable »

Interested in Sponsoring an Event?

Please contact Dianne Strunk for more information.

Mentor Connect

15 women who are changing the face of tech in the region

Philadelphia Business Journal

Congratulations to Mentor Connect's Bethany Edwards of Lia Diagnostics and all others on the list!

Read full article »


Welcome PACT Members

Apex IT Group

Core Clinical, Inc.

Eigen X, LLC

FinPay LLC

Firecracker International

Gabriel Investments

medInt Holdings, LLC


Precision Oncology, LLC


Press Releases & News

Ben Franklin Technology Partners and Safeguard Scientifics

Early Stage Digital Health Companies In Philadelphia Get Boost With $6 Million Funding Initiative »

Dell Boomi

Dell Boomi Brings iPaaS to the Enterprise»

Fairmount Partners

News from Fairmount Partners »

Hollister Creative

Hollister Creative Wins Two National Awards For Outstanding Graphic Design »

Intact Vascular

Intact Vascular Closes on Additional Series B Funding to Advance Development of the Tack Endovascular Systemr for Peripheral Artery Disease Treatment »


LiquidHub Expands Data Management, Market Research and Analytics Capabilities with the Acquisition of Annik for Enhanced Data-Driven Customer Insights »


Vitruvian Acquires Majority Shareholding in Phlexglobal from Bridgepoint »

Pfizer and Spark Therapeutics

Spark reels in second $15M payment from Pfizer »

Unversity City Science Center

Boston-Based CIC Chooses uCity Square for Newest Expansion Location »

We thank our Founding Leaders for their commitment and support:



Ben Franklin Technology Partners

Bentley Systems

Comcast Business

Cozen O'Connor

Duane Morris

Evolve IP


Fairmount Partners

Fox Rothschild

Grant Thornton

Independence Blue Cross



Morgan Lewis

NewSpring Capital

Osage Partners

Pepper Hamilton



Safeguard Scientifics 



University City Science Center

University of Pennsylvania


Data Point of the Week with Bob Moore of RJMetrics

Bob Moore

Explore the world around us using data with Bob Moore of RJMetrics

View the Latest Episodes »

PACT Foundation Corner

Donate Today to AWE Ventures

Powered by Ben Franklin

About AWE Ventures
By using an innovative model that draws on crowdfunding and donations, everyone can be involved in supporting women-led ventures. AWE Ventures — Powered by Ben Franklin is built from three major components:

  • A crowd-funded, donation-driven capital pool exclusively in support of women-led startups and emerging enterprises. AWE and Ben Franklin will work together to engage donors in the world of investments in early-stage women-led enterprises. *Ben Franklin will match* contributions up to $250,000 to form a total contribution pool of $500,000, and will manage the process of investment in these companies.
  • Mentorship programs that combine Ben Franklin’s world-class model for due diligence with the experience of the AWE community, to provide hands-on support for entrepreneurs from both organizations’ shared networks of capital, counsel and connections.
  • Events, workshops and published content to empower potential entrepreneurs and investors with stories of success from each organizations’ network of leaders, celebrating the progress of women in entrepreneurship and investing.

Learn more »


Share Your Insights in PACT Times

We invite you to contribute any insights or expertise you have that show the importance of women-led enterprises or support diversity in innovation for Philadelphia.

If you are interested in learning more or if you would like to donate, please contact Dianne Strunk.


1/9  —  Innovation in Action @ Penn »

1/10  —  Maker Meetup #7: Making with Nanotech, featuring GraphWear, Biorealize, Fermento »

1/25  —  NextGen First Responders & HLS Technologies Summit »

InSITE Philadelphia Call for Companies »

2/14 & 2/15 — CompTIA DC Fly-In »

Philadelphia Alliance for Capital and Technologies (PACT)
200 South Broad Street, Suite 700, Philadelphia, PA 19102  •  (P) 215 790-3800 (F) 215 790-3601