PACT Times

February 2017

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Phorum 2017

RedOwl Wins Phorum 2016 Demo Pit

EA 2017

Cover Stories

Working with Accountants. How to Survive 2017.

Richard Bloss looks at the dark art of number crunching


You know when you are in trouble, when your accountant actually calls YOU. Your accountant has no need to sell his services. You are already on his books, so to say. Unless he is that worst breed of "business accountants' who believes his job is networking and selling you "development" services that you neither need nor have ever asked for - then a call from the lady that does your Books - is going to be bad news. Accountants don't call to enquire after your health. It is not in their nature. Life is either black, or white, or black or red.


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 February 15th.

News & Announcements

Blogging @ PACT

Introducing PACT's new blog

Proudly announcing "Blogging @ PACT"! PACT members lend their voices and insights to our newest marketing initiative. By serving as a go-to resource for members and prospects, we are establishing a regular cadence of member-written content, outside of PACT Times.


What does this mean for you? We invite our member entrepreneurs to submit "Corner Office" posts that highlight what makes them stand out. Each cover story in PACT Times will also be featured in "Blogging @ PACT". Periodically, we will share progress and news made on the PACT end.


Learn more and subscribe to "Blogging @ PACT"! For member entrepreneurial companies and CEOs, we welcome you to submit 5 best practices (Corner Office posts) to Amanda Nardi.


Learn more & Subscribe »

Lightning Talks Set for PACT Foundation Breakfast

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 lightning talks from leading female innovators.


Among the women sharing their stories of connection, engagement, and growth in the innovation community will be:


Lucinda Duncalfe, President & CEO, Monetate
Bethany Edwards, Co-Founder, LIA Diagnostics
Lisa Skeete Tatum, Co-Founder and CEO, Landit


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 »

Finalists Announced for 24th Annual Enterprise Awards

EA 2017

Congratulations to the finalists of the 2017 Enterprise Awards and thank you to all who were nominated and applied. Our region is blossoming with an impressive amount of talent rich in innovation and ambition to succeed.


We saw tremendous competition for each award. An independent panel of judges selected 27 - quite an honor and testament to the extraordinary work of our nominated companies. The audience will be filled with investors, peers from the technology and healthcare industries and a variety of our region's business leaders.


**The deadline to reserve your commemorative Tribute Journal message is Tuesday, April 11, 2017.**


Check out the finalists & reserve your table »

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-TiE Pitch Event

February 16 | 6 - 8:30 p.m.
Comcast Center | 1701 JFK Boulevard, Philadelphia, PA 19103

Sponsored by:

comcast business
wells fargo advisors


PACT SaaS Roundtable

February 17 | 8 - 10 a.m.
NewSpring Capital Offices | 555 East Lancaster Avenue, Radnor, PA 19087

Sponsored by:

Bentley Systems
ors partners
Pepper Hamilton


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 Technology Executive Roundtable

February 23 | 8 - 10 a.m.
Vanguard | 425 Old Morehall Rd, Malvern, PA 19355

Sponsored by:



object frontier





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:



PACT Digital Health Summit

March 29 | 11:30 a.m. - 5:30 p.m.
The Smilow Center at the University of Pennsylvania | 3400 Civic Center Boulevard, Philadelphia, PA 19104

Sponsored by

Duane Morris
Edison Partners
Unversity of Delaware


Phorum Enterprise Technology Conference

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:




5/1 Philly Tech Week Event »

Interested in Sponsoring an Event?

Please contact Dianne Strunk for more information.

Mentor Connect

Celebrating Joe Callahan of Ciright

Drexel University Alumni and Mentor Connect's very own, Joe Callahan of Ciright, received the 2017 Alumni Entrepreneur Award this past weekend. Congratulations Joe and here's to the value of Mentor Connect Mentors!

Learn More on Mentor Connect »


Welcome PACT Members

Brownstone PR

Business Development University

EarGear, LLC

Enertech Capital

Intact Vascular, Inc.

Thomas Jefferson University


Merrill Lynch


Neuronetics, Inc.

Newmark Grubb Knight Frank


Panitch Schwarze Belisario & Nadel LLP

PECO, An Exelon Company

Precision Systems, Inc.

Precision Oncology, LLC


Quantitative Radiology Solutions

Royer Cooper Cohen Braunfeld LLC (RCCB)

Spiritus Partners

Temple Unversity


Press Releases & News

AGI & Bentley Systems

AGI and Bentley Systems Announce Cesium Consortium »


Clutch Acquires Persio to Extend Mobile Marketing Capabilities Deal follows $5.25 million in new capital and addition of Larry Stone to Board »

Dell Boomi

Dell Boomi 2017 Predictions: A glimpse into the future of business and personal technology »

Edison Partners

Edison Partners Wraps Up Stellar 2016, Begins 2017 with Partnership Promotions »

Zagster Closes $10 Million Series B Round of Funding Led by Edison Partners »

EnerTech Capital

EnerTech Capital News: Blue Pillar Secures New $10 Million Investment »


UBS extends agreement with EPAM Systems worth $300m »

Intact Vascular

Intact Vascular's Tack Endovascular Systemr Secures CE Mark for Repair of Dissections Following Angioplasty Below the Knee »


iPipeline buys Resonant, seeks more deals »

Layer 8 Security

Major Exploit Still Affecting Philadelphia Companies »

Newmark Grubb Knight Frank

Continued Occupancy Gains in Both the Greater Philadelphia and I-81/78 Corridor Industrial Markets at the Close of 2016 »

David Garonzik Joins NGKF Capital Markets Greater Philadelphia Team »

Growth Starts to Level Out in the Philadelphia Metro »

Precision Systems

Precision Systems: `New Digs' »

Safeguard Scientifics

Postmarket Management of Cybersecurity in Medical Devices »

Is IoT the Next App Store? »

Tongue Tied: Speaking Candidly About Capital »

Unversity City Science Center

University of Pittsburgh and University City Science Center in Philadelphia Join Forces to Commercialize Early-Stage Technologies »

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.


2/14 & 2/15 — CompTIA DC Fly-In »

2/14  —  Maker Meetup #8: Dreamit Health Graduates Synotrac, Wearlilu and SmartPlate »

3/7  —  Why Invest in Philadelphia Now? Converting Risk Capital to Success Stories »

5/9  —  9th Annual Mid-Atlantic Energy Technology Forum »

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