[Philadelphia, PA, April 26, 2018]
CIC Philadelphia is excited to welcome new General Manager, Ravid Butz. Ravid brings over 20 years in business management to CIC Philadelphia, which is slated to open this fall at 3675 Market Street in uCity Square.
In his role as General Manager, Ravid is responsible for leveraging the physical space and resources of CIC Philadelphia towards growing and supporting regional startup and innovation communities.
“I love to grow and build companies, and wholeheartedly consider CIC an essential resource for startups. I’m especially proud to mobilize CIC Philadelphia as an indispensable facility for scientific and technology innovation and entrepreneurship in our vibrant community. “
Ravid has extensive experience as an entrepreneur and an advisor. Among the companies he’s started, Ravid founded and operated PhotoLounge in Philadelphia, a retail company celebrating its 21st year of leadership in the Philadelphia photo market. He has consulted and mentored startups and established companies on new product launch and going to market. Ravid received his BA from Temple University and his MS Engineering and Technology Management from the University of Pennsylvania.
“I am excited to welcome a leader of Ravid’s caliber into our steadily growing innovation ecosystem,” said Tim Rowe, CIC’s founder and CEO. “Ravid’s passion and knowledge will certainly help us continue to scale our mission of building innovation hubs in future-focused cities.”
In Philadelphia, Cambridge Innovation Center (CIC) has joined forces with the University City Science Center to offer premium office and lab facilities including 20,000 square feet of full-service labs. CIC also offers access to a network of their members throughout the U.S. and Europe.
The partnership between CIC and the Science Center will strengthen the organization's’ collective ability to serve Philadelphia’s startups and serial entrepreneurs. Together, they aim to serve Greater Philadelphia by supporting a vibrant entrepreneurial community and offering access to opportunities to collaborate, learn, advise, and inspire each other. CIC is the oldest and largest convener of startup activity in The United States. Founded in Kendall Square, Cambridge in 1999, CIC now houses more than 1,700 companies in over 630,000 square feet of space across several cities in the US and Europe. CIC clients and affiliates have raised over $6 billion in venture capital and $4.5 billion in combined enterprise value at IPO or M&A exit.
For almost two decades, CIC has focused on strengthening vibrant communities, building collaborative work environments, and creating impactful programming to attract and support the very best entrepreneurs and their teams. CIC’s clients provide tomorrow’s answers to today’s problems--they renew economies, create gainful and rewarding employment opportunities, and frequently crack tough problems facing humanity.
For more information, contact:
Sally Guzik, Senior Community Engagement Lead