Governor Tom Wolf today joined representatives of University City Science Center and Reps. Vanessa Lowry Brown, Jim Roebuck, and Michael O’Brien for a roundtable discussion with companies supported by the Science Center’s incubator program. The discussion centered around the companies’ goals and successes and how Redevelopment Capital Assistance Program (RACP) funding is helping the Science Center expand and add jobs in Philadelphia.
“University City Science Center has a long and successful track record of incubating businesses that go on to achieve tremendous success for their employees, communities, and customers,” Governor Wolf said. “The high-tech and health care innovations by companies here in Philadelphia are changing lives through their work.”
Company leaders from FirstHand Philly, Invisible Sentinel, Integral Molecular, PolyCore Therapeutics LLC, The One Health Company, DreamIt, CIC, Telesis Therapeutics, Fitly, Spark Therapeutics, University of Pennsylvania, and Wexford Science & Technology participated in the roundtable discussion at University City Science Center’s headquarters on Market Street.
The Science Center’s expansion project was funded in part by RACP. The $2.5 million in RACP funds will help the Science Center complete three components in the 14-story, 345,000 square foot space under construction at 3675 Market. The site will house new space for Quorum, an “entrepreneur’s clubhouse” currently housed with the Science Center at 3711 Market; the Science Center’s new offices, and the labs and classrooms of FirstHand, the Science Center’s youth STEM education program.
“3675 Market represents the future of the Science Center and the innovators we serve,” Stephen S. Tang, Ph.D., MBA, President & CEO, University City Science Center said. As I watch the steel rise, I like to imagine the discoveries that will be made there, the bright minds inspired to pursue science, and the communities that will be introduced to the power and promise of technology. 3675 Market truly marks a new era for innovation, access, inclusion and discovery here in Philadelphia. Thanks to this generous funding support from the Commonwealth, the Science Center will be able to support more of the exciting companies that are transforming our state – and the world – one discovery and one job at a time.”
Find more information on the University City Science Center here.