Blackstone LaunchPad's goals are to help students view entrepreneurship as a mainstream career path and drive regional economic development.
Philadelphia, PA (PRWEB) May 13, 2014
Nearly 41,000 students at two local universities have a new dedicated resource to support their entrepreneurial aspirations. Students at Philadelphia University and Temple University are now able to take advantage of Blackstone LaunchPad, an innovative co-curricular program designed to transform their ideas into thriving businesses. The Blackstone LaunchPad Philadelphia program is a partnership between Philadelphia University, Temple University and the University City Science Center.
The program, developed by the University of Miami, has been expanded by the Blackstone Charitable Foundation across the country on 14 campuses in six regions bringing a total of 350,000 students into their national network. Its goals are to help students view entrepreneurship as a mainstream career path and drive regional economic development.
The Blackstone LaunchPad at Philadelphia University is located in the DEC Center and is managed by Executive Director Zoe Selzer McKinley. Prior to joining Philadelphia University, Selzer McKinley served as founding executive director of Good Company Group. Philadelphia University will hold an official ribbon cutting for its LaunchPad office on Wednesday, May 14 at 4 p.m. at the DEC Center on campus. For more information, contact Zoe Selzer McKinley at mckinleyz(at)philau(dot)edu.
The Blackstone LaunchPad at Temple University is housed on the first floor of the Howard Gittis Student Center and run by Executive Director Jaine Lucas and Director Marilyn Barry. Lucas also serves as the Executive Director of Temple’s Innovation & Entrepreneurship Institute and is a serial entrepreneur. Barry brings over 25 years’ experience running, coaching and consulting with small business and high-growth firms. In addition, she has coached student entrepreneurs in Temple’s business plan competition for the last five years.
As the regional partner for Blackstone LaunchPad Philadelphia, the University City Science Center supports the programs at Temple and Philadelphia Universities and will develop and manage a Venture Coaching Network open to LaunchPad students. The Science Center is also identifying ways to support student entrepreneurship in the Greater Philadelphia region’s broader collegiate ecosystem.
The Blackstone LaunchPad program is a four-step process. After students fill out a profile and describe their business idea and development needs, Blackstone LaunchPad staff meets with the student to give advice and help connect him or her to people who can help further the idea. Finally, once the concept is mature enough, students have the opportunity to participate in the Venture Coaching Network, a structured regional mentoring and venture coaching program with relevant business experts to help scale and grow their ventures.
Since its establishment, Blackstone LaunchPad has created or supported more than 950 jobs, advised more than 3,000 ventures and sustained more than 460 businesses.
About the Science Center
The University City Science Center is a dynamic hub for innovation, and entrepreneurship and technology development in the Greater Philadelphia region. It provides business incubation, programming, lab and office facilities, and support services for entrepreneurs, start-ups, and growing and established companies. The Science Center was the first, and remains the largest, urban research park in the United States. Since it was founded in 1963, graduate organizations and current residents of the University City Science Center’s Port business incubators have created more than 15,000 jobs that remain in the Greater Philadelphia region today and contribute more than $9 billion to the regional economy annually. For more information about the Science Center, go to http://www.sciencecenter.org.
About Philadelphia University
Philadelphia University, founded in 1884, is a private university with 3,600 students enrolled in more than 60 undergraduate and graduate programs. As the model for professional university education, the University prepares students to be leaders in their professions in an active, collaborative and real-world learning environment infused with the liberal arts. Philadelphia University includes the innovative Kanbar College of Design, Engineering and Commerce; the College of Architecture and the Built Environment; and the College of Science, Health and the Liberal Arts. For more information, go to http://www.PhilaU.edu.
About Temple University
Temple University is a public, four-year research university and a national leader in education, research and healthcare. Founded by Dr. Russell H. Conwell in 1884, Temple’s official motto—Perseverantia Vincit, or Perseverance Conquers—reflects its students’ drive to succeed and commitment to excellence. Temple is a vital institution in the Philadelphia region and commonwealth of Pennsylvania, contributing more than $3 billion toward Pennsylvania’s economy each year. The university also has a strong global reach, with long-standing and vibrant campuses in Tokyo and Rome, programs in London, Beijing and other locations worldwide, and nearly 300,000 alumni living around the world. For more information, go to http://www.temple.edu.