Region's Business 16 May 2013

RISE OF PHILLY’S MAKER COMMUNITYWHEN A HOME STAGER MAKES SENSE

FORMER GOVERNOR GEORGE LEADER DIES

A JOURNAL OF BUSINESS AND POLITICSPHILADELPHIA EDITION 16 MAY 2013

REGION’S BUSINESS

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PRESIDENT AND PUBLISHER James D. McDonaldEDITORIAL DIRECTOR Karl M. SmithASSOCIATE EDITOR Terrence J. CaseyCONTRIBUTORS Brandon Baker, Eric Boehm, Cary Carr, Charlie Gerow, Timothy Holwick, Don Lee, Greg Meckstroth, Geoff Pierret, Samantha Sharon, Sandy Smith, Matt Stringer, Megan WaldronPROOFREADER Denise GerstenfieldADVERTISING DIRECTOR Larry SmallacombeDIRECTOR OF BUSINESS DEVELOPMENT Deirdre Affel

Copyright 2013 Independence Media Corp. All rights reserved. Use of material within without express permission of publisher is prohibited.Region’s Business is published weekly on Thursdays and online at www.regionsbusiness.com.The published makes no representations or warranties regarding the advertising appearing in its pages or its websites.

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Former Gov. Leader Dies at 95BY KEVIN HORNE

The 36th Governor of Pennsylvania George Leader, who rose to power out of a one-room agrarian schoolhouse in York county, died last week. He was 95.

Mr. Leader served four years as the top of Pennsylvania’s executive from 1955 to 1959 — abiding by the single-four-year term limit at the time.

Only 37 when he took o!ce over a half-century ago, Mr. Leader is still the second-youngest governor in the state’s history.

While in office, Mr. Leader over-hauled the state’s mental health system and increased funding to education. Mr. Leader was a fierce civil rights sup-porter and became the first governor to appoint a black cabinet o!cer.

Mr. Leader grew up in York County. He attended Gettysburg College before transferring to the University of Penn-sylvania. After returning from World War II in 1950, Mr. Leader burst onto

the political scene, winning a State Sen-ate seat in the 28th District.

Mr. Leader would go on to defeat Lt. Governor Lloyd Wood in a close elec-tion for governor, carrying the labor and agricultural interests to become the first Democrat to win the PA gov-ernorship in 20 years.

— PoliticsPa.com

MEDIA

Source: Tierney Could Return to Inquirer

Former Philadelphia Inquirer publisher Brian Tierney could be returning to the Inquirer as an active consultant, according to a source. Mr. Tierney would assist the Inquirer in its advertising efforts while the company faces financial struggles, the source said.Mr. Tierney stepped down from his role at the Inquirer three years ago to facilitate a potential sale and reorganization of the paper.

TOURISM

Constitution Center Announces New CEO, President

The National Constitution Center Board of Trust-ees announced last week that it has appointed Je"rey Rosen as president and chief executive o!cer.

Mr. Rosen — who is a law professor, distinguished legal commentator, and former visit-ing scholar — will succeed David Eisner, who stepped down from the position in October 2012.

“We are extremely proud to announce a CEO and president of Jeffrey Rosen’s caliber as a constitutional scholar, journalist, and educator,” National Constitution Center Chairman Jeb Bush said, according to Constitution Daily, the Center’s blog. “I look forward to working in hand with Je"rey to continue to elevate the Center’s national profile and unparalleled role as a museum, town hall, and civic educational headquarters.”


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PACT

PACT Awards Companies, EntrepreneursThe Greater Philadelphia Alliance for Capital and Technologies (PACT), last week recognized the winners of the 20th Annual Enterprise Awards, the region’s distinctive black-tie gala honoring individuals and companies that are pace-setters in innovation, leadership and advances in technology and related fields. More than 900 business leaders and executives filled the Valley Forge Casino to recognize 13 of the region’s best.“Our guests were welcomed to a new and unique venue, at the Valley Forge Casino complete with a red carpet feel. We had a remarkable turnout and secured a number of award and event sponsors,” said Dianne Strunk, Vice President, Business Development for PACT.

The following companies and entrepreneurs were winners and honorees at the 2013 Enterprise Awards:— Life Sciences Startup Company: Trice Orthopedics— Technology Startup Company: ThingWorx— Emerging Life Sciences Company: CD Diagnostics— Emerging Technology Company: InstaMed— CleanTech Company of the Year: Holganix— MedTech Leadership Honoree: Secant Medical— Investment Deal of the Year: Liquent— IT Innovator Award of Excellence: Relay Network— Technology CEO of the Year: Tim Wallace, iPipeline— Technology Company of the Year: Quintiq— Legend Award Honoree: David L. Cohen, Comcast Corporation

RETAIL

Skinny Water Maker Files For Bankruptcy

Br yn Mawr, Pa.-based Skinny Nutritional Corp. filed for Chapter 11 bankruptcy protection May 3, according to a statement.

The maker of “Skinny Water” and other Skinny branded prod-ucts, sought protec-tion in order to avoid a forfeiture of the com-pany’s intellectual property rights.

FORTUNE 500

Regional Companies Named To Fortune 500

Local companies were recently named to the 2013 Fortune 500, the Philadelphia Business Journal reported.

AmerisourceBergen (No. 32), of Valley Forge, Pa.; Comcast (No. 46), of Philadel-phia; DuPont (No. 72), of Wilmington, Del.; Aramark (No. 205), of Philadelphia; Crown Holdings (No. 312), of Philadelphia; Uni-versal Health Services (No. 337), of King of Prussia, Pa.; Campbell Soup Co. (No. 338), of Camden, NJ; UGI (No. 388), of King of Prussia, Pa. were included on the list.

MANUFACTURING

Philly Manufacturer To Build New Helicopter

AgustaWestland Philadelphia, which employs more than 560 people, will begin manufacturing the AW169 helicopter beginning May 2014.

Pop-Up Custom Tailor Visits Rittenhouse“Traveling Tailor” Indochino has set up

shop at 1518 Walnut Street until May 27.The custom tailor takes measurements in

the store or online and produces a one-of-a-kind suit for as little as $379.

“You get to build your own suit from the bottom up — fabric, lining, style of pants, the works,” co-manager Sean Gallaher told the Philadelphia Real Estate Blog.

“We do it for less because we don’t have to pay all that rent and taxes on the real estate. Regular custom shops are aghast.”

The shop has previously set up in San Francisco, New York, Boston and Washing-ton, D.C. SANDY SMITH/PHILADELPHIA REAL ESTATE BLOG

Health IT Accelerator Launching at University City Science Center

The University City Science Cen-ter is collaborating with the Canadian Consulate General to

pilot a business accelerator for health information and communication tech-nology companies from Canada.

Opening May 13, the Canadian Tech-nology Accelerator at the Science Center will provide a three-to-six-month “mar-ket immersion” experience for Canadian health IT companies, leveraging the Sci-ence Center’s resources and networks through its Port business incubator.

Modeled on the Canadian Technol-ogy Accelerators run by the Canadian Consulates in California and New York, CTA@Philadelphia (Health IT) will o!er qualified Canadian entrepreneurs from high-potential early-stage start-ups in the health information technology sector three months of paid communal co-working space in the Science Center’s Port business incubator.

The program will accommodate six start-ups twice a year, for a total of 12 start-ups over a 12-month period.

“We believe that there are enormous opportunities for health IT companies in the Greater Philadelphia region,” said Science Center President & CEO Ste-phen S. Tang. “The sheer concentration of organizations and individuals con-nected with healthcare delivery makes our region the perfect cradle for compa-nies to grow a strong market presence.

“Through its networks and programs, the Science Center is well positioned to help connect these Canadian companies

to the resources needed to bring their products to U.S. customers.”

Six Canadian companies make up the inaugural class of CTA@Philadelphia (Health IT):

— Caristix transforms data flow and interoperability for hospitals

— Hospitalis is working to improve clinical processes throughout the care continuum

— Infonaut o!ers real-time clinical information hospital infection preven-tion and control

— Memotext is developing evidence-based personalization of patient compli-ance interventions

— Pulseinfo Frame o!ers database-driven informatics for disease manage-ment and clinical workflow improve-ment

— Sensory Tech is developing tele-medicine solutions for in-home hospice care services


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ACCOUNTING

WeiserMazars Names Local Office Leader

Prominent accounting, tax and advisory firm WeiserMazars LLP announced it had named Vincent R. Burke to head its Penn-sylvania practice as Partner-in-Charge of the Philadelphia o!ce beginning April 30

Mr. Burke takes over the role from Partner Kathryn A. Byrne who oversaw the success-ful integration of both Fishbein & Co. and LECG/Smart into WeiserMazars as well as the move to the firm’s new, expanded o!ces in Ft. Wash-ington, PA.

HIGHER EDUCATION

Former PSU President Nation’s Highest Paid

Ousted Penn State President Graham Spanier was the highest-paid public univer-

sity president in 2011, despite losing his job.

Mr. Spanier’s total compensation that year was $2,906,721, according to the Chronicle of Higher Education’s Executive Compensation Survey

of Public Colleges and Universities.

TRANSPORTATION

PHL Adds Qatar ServicePhiladelphia International Airport (PHL)

announced that Qatar Airways, recipient of numerous Skytrax industry awards and two-time Best Airline for International Travel by Business Traveller USA, has chosen Phila-delphia as the airline’s fifth U.S. city.

Qatar Airways is scheduled to begin non-stop service from PHL to Doha, the capital of the State of Qatar, in March 2014.

Boeing 777 aircraft will serve the route, which is Philadelphia’s first to the indepen-dent state in the Southern Arabian Gulf region of the Middle East.

Atlantic City Gaming Revenue Down 12 Pct.Atlantic City’s April

gambling revenue from its 12 casinos was down 12 percent — from $259.9 million to $228.5 million — when compared to April 2012, according to the New Jersey Division of Gaming Enforcement.

Revenue generated from slot machines had an even steeper decline, of 14 per-cent, to $161.7 million.

Table games, which brought in less than half of

the amount of revenue as slot machines, saw a rev-enue decrease of 6 percent.

The low point for Atlantic City continues to be its newest casino, Revel,

whose revenue dropped 40 percent to about $8 million as it continues to restruc-ture through bankruptcy.

Science Center Seeking Public Artist in Residence

BY GREG MECKSTROTH

The dynamic along the Science Center campus in Univer-sity City is about to dramatically

change. Breadboard, a program at the University City Science Center, and the Philadelphia Redevelopment Authority’s Percent for Art program are collaborat-ing on a new public art residency pro-gram between 34th and 39th Streets on Market Street.

The program, titled Art Along the Ave-nue of Technology (AAAT), promises to bring together and engage diverse com-munity groups to explore contemporary themes of public space, placemaking, and technology in an urban environ-ment.

Essentially, in 2014 Breadboard promises to host one bonafide artist or collective with serious artistic and com-munity outreach chops. Creative areas the artist or collective will likely have to excel at include digital and mobile media, rapid prototyping, programmable elec-tronics and interactive technology. The selected artist or artist collective will be given access to rapid prototyping facility NextFab Studio’s high-tech fabrication equipment and expert sta".

From there, the artist/collective will take their process of developing art and engaging community groups and teach them artistic processes and how to uti-lize 21st-century technologies in the art

of placemaking. To benefit from this activity is the Science Center, which is always looking for ways to make its cam-pus more vital, lively, and full of ‘place’ attributes, as well as University City in general, which is currently witnessing a dramatic redevelopment of Market Street from 30th Street Station to 40th Street.

Interested artists can go to the Art Along the Avenue of Technology web-site to view an RFQ. The deadline for submission is June 21, 2013. A final selection will be made on October 4, 2013. The selected artist will be on site in January 2014.

This article was originally pub-lished at PhiladelphiaRealEstate.com.

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PHILADELPHIA TOURISM

City Tops RecordA record 38.8 million domestic visitors

came to Philadelphia in 2012, according to The Greater Philadelphia Tourism Marketing Corporation’s (GPTMC) 2013

annual report. Titled “The Evolution

of a Destination and Its Marketing,” the report also emphasizes the major changes in Phila-delphia and in market-ing since GPTMC began.

“Philadelphia is a better, more complex destination appealing to more types of travelers and more trip types,” said Meryl Levitz, president and CEO of GPTMC. “Gone are the days of one-size-fi ts-all marketing. Today, we use customized campaigns and many platforms to com-municate with travelers where they are and in the ways they want to be reached.”

GPTMC released the 28-page report at its annual Hospitality Leaders Luncheon.

BUCKS COUNTY TOURISM

Bucks County Launches New Campaign

Visit Bucks County is asking visitors to “Capture Your Bucks County Moment” as part of a new tourism campaign, PhillyBurbs.com reported.

The county’s tourism industry supports more than 11,000 jobs and contributes $865 million to the local economy, according to the report.

This year, Visit Bucks County’s campaign will include an ad on a Manhattan double-decker bus that advertises Parx Casino. The organization will also advertise the Michener Museum’s Grace Kelly exhibit, which opens in October, according to the Philly Burbs report.

PHILADELPHIA TOURISM

July 4 Festival Details Revealed

Once again, Philadelphia is celebrating the nation’s birthday in style by putting on “The Larg-est Free Concert in America,” as part of the Wawa Welcome America! festival.

The festival will include per-formances by The Roots, John Mayer, Demi Lovato and Ne-Yo.

“The City of Philadelphia is proud to welcome an incredibly talented group of musicians to our city this Fourth of July,” said Mayor Michael Nutter. “We believe that this year’s festival will go down in history as the best yet. We know that Philadelphia is the foremost place to celebrate our nation’s birthday. With this superb lineup of talent, we have an opportunity to prove it to the world.” G. WIDMAN FOR GPTMC


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PHAIR Market Begins May 18When: 10 a.m.-5 p.m. May 18Where: 23rd and Arch StreetsCost: Pay as you goDetails: PhillyPHAIR.com

A brand-new, open-air market established by local Philadelphians makes its debut at 23rd and Arch Streets this spring, and intends to stay for the long haul to keep Philly shopping outdoors all the way through November 23.PHAIR brings an exciting mix of vendors of all sorts to a European-style market — from food, vintage goods and jewelry to art, photography, clothing, handmade goods and more. The market makes its debut May 18. The site is set to remain a local-loving shopper’s paradise until 5 p.m.

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DEALBOOK

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Reports: Blatstein Buying Marketplace Design Center

Developer Bart Blatstein is purchasing the Market-place Design Center at 2400 Market Street, Philadelphia Magazine and Hidden City reported.

Details of the sale have not yet been announced, but the cost of the 470,000-square-foot building is estimated

to be between $40 and $50 million, PhillyMag.com reported.

Mr. Blatstein is consider-ing building a multi-story tower on top of the building, a source told Hidden City.

Hidden City reported that the Design Center will remain in the building.

PHARMACEUTICAL ENERGY

AmerisourceBergen Completes $308M Sale

AmerisourceBergen Corporation announced it has completed the previously announced dives-

titure of its con-tract packaging business, Ander-sonBrecon, to an

entity formed by a!liates of an investor group led by Frazier Healthcare VI for $308 million in cash.

HEALTH CARE

Health System Merger FinalizedTrinity Health and Catholic Health East recent-

ly announced the o!cial closing of the consolida-tion of the two health care systems to create one of the nation’s largest Catholic health systems.

The new organization — which has not yet been named — will be based in Livonia, Mich., while maintaining a divisional o!ce presence in New-town Square, Pa., as the organization continues its integration.

Sunoco Logistics Acquires Refinery

Philadelphia-based Sunoco Logistics recently announced it had acquired the Marcus Hook refinery for $60 million from Sunoco Inc. in April.

“The purchase of the Marcus Hook facility demonstrates Sunoco Logistics’ continued com-mitment to pursue opportunistic growth in

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Despite Openness, Redistricting Changes NeededRedistricting in Pennsylvania — and any-

where else for that matter — is messy business.But there is a chance that things will be a

little better when the state’s power brokers get together to redraw the state’s legislative district maps in 2021 (following the next U.S. census), thanks to the state Supreme Court, a young woman from Allentown and, yes, even the leaders behind the messy political process.

A little background: The new state House and state Senate district maps fi nally were approved by the state Supreme Court last week, bringing to an end an 18-month legal battle. The court had rejected a previous set of maps in January 2012, ordered the legisla-tive elections in 2012 to take place using the district lines drawn in 2001 and told the legislative leaders responsible for drafting the map that they needed to do a better job.

By all accounts, they did just that. The new maps split fewer municipalities and counties and have fewer districts that look like animals out of a fantasy tale.

The Supreme Court ruling is something of a game-changer for future iterations of the redistricting process. Chief Justice Ron

Castille did not lay down precise limits for how far lawmakers can stretch constitutional requirements that all districts are equal in size and respect current political borders, but the precedent will keep future maps in check.

More importantly, it gives the court a prec-edent to strike down future maps if the process strays too far from the constitutional rules.

The woman from Allentown is Amanda Holt, a piano teacher by day and a redistricting activist by night who created her own versions of the House and Senate district maps and challenged those drawn by state lawmakers.

Ms. Holt’s maps were the prime reason why the Supreme Court struck down the legislative maps in 2012. Her versions required fewer county and municipal splits and generally looked much better than the gerrymandered monstrosities produced by the lawmakers.

And hard as it might be to believe, the lawmakers themselves are another reason to hope for a better redistricting process in 2021.

The 2012 process was the most transparent redistricting process in state history. That’s not saying much, but it’s still something.

Senate Majority Leader Dominic Pileggi

and his sta! deserve credit for spearheading the e! ort to put all parts of the process — from preliminary maps to legal challenges and rulings — online for everyone to see.

On one hand, this should be considered a bare minimum level of disclosure for state government in the 21st century. But on the other hand, it’s nice not to be disappointed about government transparency for once.

Of course, there is always room for more improvement. As Ms. Holt told me this week, the commission charged with drawing the maps should conduct more of their meetings and negotiations in public. Hearing comments from the public (as they are required to do) is one thing, she said, but the public should get to hear what the commission is thinking as they construct the maps, too.

She’s right. We should get to see and hear more about the internal discussions that shape the legislative districts we all have to live with for the rest of the decade. After the Legislature moved in a positive direction on redistricting transparency in 2012-13, I hope it’s not too much to hope for even more reforms when it all starts over again in eight years.

Eric Boehm is bureau chief for PA Independent, a project of the Franklin Center for Government and Public Integrity

CONTRIBUTE

Send comments, letters and essays to [email protected]. Opinions expressed by guest writers do not necessarily reflect those of Region’s Business.

POLITICAL COMMENTARY


CONTRIBUTE


Bill Looks To Remove Wells Fargo From Depository ListOn Thursday, May 9, 2013, Councilman

Jim Kenney introduced legislation that would remove Wells Fargo National Associa-tion from the list of City Depositories found in the Philadelphia Code. Wells Fargo was added to that list via legislation in June 2012.

The Philadelphia Code provides for a list of designated City Depositories which are banking and fi nancial institutions that meet certain statutory criteria. Some other banks on the list include PNC Bank, TD Bank, Citi-zens Bank, Bank of America and Citibank, to name a few.

In order to qualify, the bank must be FDIC insured, provide their quarterly statements of condition and earnings to the City of Philadelphia, and provide independently audited annual statements concerning their business with the City.

In addition, the bank must provide an a! davit certifying that it does not participate in predatory lending, as well as statements regarding the progress of their community reinvestment goals.

The benefi t of being a City Depository is, put simply, the privilege of handling the City’s funds. The Philadelphia Code authorizes the Director of Finance, City Trea-surer, and City Controller to take funds not required for immediate use and invest them in various low risk savings and investment options with these banks. Perhaps more importantly, the banks often have the privi-lege of handling the City’s payroll processing, which brings customers and funds to these banks.

Wells Fargo was heavily involved in the handling of Philadelphia’s payroll and invest-ing. The legislation would push approxi-mately $250 million out of Wells Fargo.

Councilman Kenney cited Wells Fargo’s debt-service payments and swap payments as his motivation for introducing the legislation. In short, the councilman argues that banks like Wells Fargo have accepted taxpayer dollars to keep them from failing, but do not back o" these payments that continue to plague the Philadelphia School

District’s budgetary e" orts. Councilman Kenney opposed adding Wells

Fargo to the list of City Depositories in June 2012, along with Councilmembers Johnson, Blackwell and Goode.

Councilman Goode had sought to remove Wachovia in 2006 for poor lending perfor-mance; the same poor performance which helped lead to Wells Fargo purchasing Wachovia.

Councilman Goode continued to question why Wells Fargo did not undergo an approval process but essentially slid into Wachovia’s spot as a City Depository.

The bill was just introduced, so a hear-ing will follow. This hearing was essentially Councilman Kenney’s intent. He wants banks to have to explain why they should have Philadelphia’s money.

In order to fi ght this removal from the City Depository list, Wells Fargo will have to show up in City Council and answer Councilman Kenney’s questions.

The hearing has not yet been scheduled.

Timothy Holwick is a freelance writer covering Philadelphia government. Find more coverage at citycouncilmatters.com.


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Obama’s Second Term ‘A Political Nightmare’In the past half century, second-term

presidencies have not enjoyed an easy ride. They’ve been marked by scandal or mired in turmoil. Richard Nixon resigned in disgrace (following a similar fate for his vice presi-dent, Spiro Agnew), Ronald Reagan was sidetracked by Iran Contra, Bill Clinton was impeached, and George Bush, although not burdened with any scandals of the magni-tude of his predecessors, had more than his share of problems.

Scandals usually involve financial impro-priety or sexual misconduct. But the most damaging are those rooted in political abuse or corruption. More and more, that’s what we’re seeing with the fledgling second Obama administration.

The first 100 days of Obama’s second term have been a political nightmare. His second inaugural address was incredibly political in tone and substance. Gone were the lofty visions of “hope and change.” In place was a coldly political agenda.

It shouldn’t be a surprise. Just four years earlier the soaring rhetoric of the 2008 campaign quickly crashed, as a Chicago-style political machine rammed ObamaCare through the Congress without a single Republican vote. Now the president can’t muster enough votes to get his gun-control legislation passed, despite exerting all the political muscle he had.

Into an equation already politically trou-bling for Obama is a wave of scandals that are now rocking his administration. First is the Benghazi fiasco. Congressional hear-ings are beginning to peel away the layers

over what was already clear: an American ambassador and three others in our service were left defenseless, despite warnings, and murdered by a terrorist attack. The facts were then covered up. Administration o!-cials “scrubbed” talking points about what really happened, and Susan Rice and others misled the American people.

More questions than answers remain. Why don’t we know who wanted the Benghazi “talking points” altered? Why did the White House persist in making mislead-ing statements about the “talking points?” When Susan Rice re-wrote the script, who was helping her? Most troubling of all, how could Jay Carney attempt to sweep ques-tions aside by blithely saying, “(the Benghazi massacre) was a long time ago?”

The administration may have turned a blind eye to this, but there certainly was a sharp focus on the tax status of their politi-cal opponents. There’s no question that the IRS targeted Obama’s political opponents for special scrutiny. While President Obama once joked at a college commencement that he could use the IRS to punish political opponents, nobody is laughing now.

Despite her boss, Doug Schulman, testifying under oath before a congressional hearing that no such targeting ever occurred, IRS Director of Exempt Organizations Lois Lerner now admits that they targeted orga-nizations with “patriot” ( a dirty word?!?!) or “tea party” in their descriptions, as well as those who focused on government debt, over spending and taxation. Really?!?! And there is mounting evidence that the targeting took

place much earlier than she admitted — cer-tainly in 2011 and likely even back to 2010.

The use of the IRS to intimidate politi-cal opposition is reminiscent of the Nixon and LBJ years. It’s an abuse of government power that has outraged even the most liberal in Washington. And an inspector general’s report, expected to be out in the coming days, threatens to blow the lid o" this one.

But the Obama political machine has an interesting take on this pernicious attack on individual rights and freedom of expression. One of his chief operatives, David Plou"e, called it “dumb and wrong,” but couldn’t resist the urge to circle back to saying that Republicans would now use the scandal to further their own fundraising. Forget about the outrageous abuse of government power and the chilling e"ect on free speech; it’s all about politics.

The latest scandal may be the most inter-esting to watch unfold. It seems that the Justice Department is after the Associated Press, too, secretly grabbing phone records of its reporters and editors. The AP has already termed it “a massive and unprec-edented intrusion.” As this scandal unfolds the worm may turn, and the media’s darling may be called more and more to account.

The Watergate phrases of 40 years ago — “Who knew what, and when did they know it?” — are reverberating through the halls of the Capitol. They will echo across the land. And the American people will increasingly call for what is rightfully theirs: the truth, the whole truth and nothing but the truth.

Charlie Gerow is CEO of Quantum Communications, a Harrisburg-based public relations and issue advocacy firm.

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Steadily, but almost quietly, Philadelphia has become a hotspot for entrepreneurs. The combination of great ideas, available capital and a welcoming environment have set the stage to make 2013 a breakout year for innovation and new businesses.

To Learn More ...For more information on sponsorship opportunities or to suggest story ideas, call our main office at 610-940-1656.The web: RegionsBusiness.comFacebook: Facebook.com/regionsbusinessTwitter: @RegionsBusiness

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2013: YEAR OF THE INNOVATOR

Correction: Last week’s Capital Seekers: Green Monkey Dev should have said the company launched in February of 2013.

Turning Cash Flow Into A More Fluid Business

BY BRANDON BAKER

After a decade’s worth of work in finance, and too many roles with AT&T to count, Jack Wilson has more than enough corporate experience to land the same sort of cushy, financial-sector job most would apply to as a joke.

But in July 2012, inspired by his son’s graduation from Drexel, Mr. Wilson decided to leave corporate life in the dust and reboot.

Today, he owns and man-ages Liquid Capital, a factoring-focused international commer-cial finance company based out of Doylestown, Pa., with o!ces spread across North America through a network of 70 — count ‘em, 70 — of his closest colleagues in finance and law.

This network is largely under-written by $2 billion company Accord Financial, with Mr. Wil-son otherwise supporting Liq-uid Capital himself through a back o!ce he pays for that handles package presentations of potential clients.

“What I do, in a nutshell, is try to help businesses acceler-ate their cash flow for services and products they’ve already sold or rendered,” Mr. Wilson said. “I purchase their invoices from business customers, and get them the money they need right now so that as soon as their clients get those invoices, I’ll be able to pay them, and I’ll give them 75 to 80 percent of those invoices right up front, once their customer agrees.”

From there, Liquid collects the invoices and provides 20 percent back — minus his fee, which ranges between 1.5 and 4 percent.

Mr. Wilson said he learned the ins and outs of cash flow while running a collections team at AT&T, having to deal “sensitively” with clients who

owed the then-$40 billion com-pany money.

“We had to collect from our most substantive clients — cli-ents that [spent] $50 million to $1 billion a year with [AT&T],” Mr. Wilson said. “But these weren’t the classic comedy-show collection calls where someone’s screaming at the other person

— you had to be sensitive to customers who maybe owed $100,000, yet they were a $900 million client.”

Mr. Wilson said the entrepre-neurial spirit of starting a small business is what motivated him to leave behind the corporate world, eventually realizing it was more in line with how he wanted to give back.

Though factoring continues to be a higher-volume industry in Europe than in the United States, Mr. Wilson insists it is hardly a new concept, and stands as a viable option for small business owners in a financial crunch.

“My goal is to build them a bridge to bankability.”

MY GOAL IS TO BUILD THEM A BRIDGE TO BANKABILITY.’

—JACK WILSON,

LIQUID CAPITAL

Business Brewing At River Horse

BY BRANDON BAKER

It’s the job every beer enthusiast dreams about at night.

Chris McGrath began working with Lambertville, N.J.-based River Horse Brewing Company as one of two primary brewers in late 2009, joining a team of about a dozen craft-beer connoisseurs. At the time having produced 4,000 bar-rels of beer per year, the brewery now produces about 10,000 — and will soon more than double when it relocates to a brewery in Ewing, N.J., where the team will push out 25,000 barrels of beer per year.

“Right off the bat, if we just get a couple bigger tanks, we’ll be able to grow our business 100 to 150 percent,” Mr. McGrath said. “It’s a big expendi-ture, but [it’s a big] payo" when we can finally take advantage of it and hit those numbers.”

Chris Walsh and Glenn Berveo first took over the company as it was entering bankruptcy in 2007, turning it around to the point where it now distributes beer in the entire state of New Jersey, the five boroughs of New York, Long Island and the Greater Philadelphia region.

The team completely changed just about everything except the name when it took the reins, opting to rebrand, re-package and go back to the drawing board with recipes.

And it’s paid o".“We consider ourselves fortunate

that we’re able to make something that people really love and are so passionate about. We share that passion too, and that comes through the moment you walk in this door,” Mr. McGrath said. “In two years, I’d love to go into most bars in Philly and New York and see a River Works handle.

“We want to be a local staple.”


Rise of Philly’s Maker CommunityBY CARY CARR

Like you’ve seen with coworking, the wave of ‘maker’ communities is growing in Philadelphia.

In the past year, big industrial member-ship-spaces that o!er access to expensive manufacturing and fabrication tools and classes has blossomed in the neighborhoods outside of Center City.

Itsuki Ogihara, NextFab’s community development specialist, said the interest in physically making things could be a “back-lash of the digital world.”

“People are recognizing the importance of working with physical material and physical objects,” she said. “I think it becomes more sort of emphasized or important in a digital age like this where we do everything on the computer.”

NextFab’s former University City space has officially become the home of the Department of Making and Doing, a high-tech workshop formed by NextFab with partners Breadboard, the Hacktory and the Public Workshop. That growth is perfectly representative of the trend here.

The collaboration aims to provide tangi-ble benefits with creations meant to stimu-late change throughout the city.

Also seeing a lack of hands-on work in the city’s typical educational settings, the Hack-tory, which hosts workshops, classes and a project night, provides formal instruction on technical topics and a central meeting place for community members to build things and utilize skills they may have oth-erwise not realized.

Georgia Guthrie, director of the Hacktory, said this hands-on learning helps engage individual curiosity.

“You use a di!erent part of your brain,” she said. “You want to use all of the tools in your toolbox. Understanding things through touch and how pieces feel together, I think, is an underutilized skill, and it’s also some-thing that’s really valuable.”

The Hacktory is a recipient of a 2013 Philly Tech Week micro-grant for its Balloon Mapping Workshop with Hacks/Hackers Philly and the Public Laboratory for Open Technology and Science. The project will culminate in a balloon that can capture images.

Hive76, another supporter of the DIY movement, will also receive a micro-grant for an Ultimate Open House and Expo in which they will provide demonstrations and

classes. Like the Hacktory, Hive76 provides

an area for hacking projects and tools for members to utilize. And by hosting a weekly open house, the member-run co-op encourages non-members to work on their own projects while having the opportunity to network with current members.

What’s to cause for the large number of organizations supporting this hands-on movement in the city?

Philadelphia may be the ideal location to foster a maker movement, according to Chris Dardaris, founder of the Loom, a sprawling industrial building that o!ers private workspaces and tools for tenants to have creative freedom.

With its access to goods and services, inexpensive rent and a rich history in manufacturing, Mr. Dardaris said the city’s opportunities, paired with peoples’ desire to build things, can lead to a larger sense of creative freedom.

“I think in a lot of ways, in our society, things are very disconnected,” Mr. Dardaris said. “The Internet disconnects us, and our busy lives essentially disconnect us from the tactile environment we live in. I think some of us desire to have greater interac-tion with that level of tacticity and want to kind of do something that feels real.”

Mr. Dardaris said he hopes to continue to evolve the Loom’s services to include an education program and more services for tenants like a health insurance network, a directory with resources on grant funds and an accounting service.

Alex Gilliam, founder of the Public Workshop, a program for youth and their communities to improve their neighbor-

hoods by solving problems and tackling specific needs, said he has seen “incredible power” through people using their hands and minds to make stu!. He said youth in the city have been able to find better solu-tions as well as empowerment through a more inspired form learning.

The Public Workshop’s new home base will be at the Department of Making and Doing while its Tiny WPA program, which allows young adults in Philadelphia to have a positive impact in their neighborhoods, will continue with projects across the city like the Building Hero Project.

Launched earlier this month, the Build-ing Hero Project, which acts as a “miniature boot camp,” helps young adults to come out of Tiny WPA projects and become better leaders, marketers, designers and ultimately change agents for their communities.

By collaborating with community part-ners, Tiny WPA continues to support adults by helping them do work on other projects or leveraging them into other agencies or community processes.

This year participants in the Building Hero Project are creating benches that will go sale for the public. In June the team will use their skills to design and build secretly playable park benches with community members for a pocket park in Kensington.

“Everyone loves to make stu!, even if it’s crappy,” Mr. Gilliam said. “It really goes back to the fact that that’s how we learn. You go back to when you were a kid, you learned by testing, you learned by doing.”

Christopher Wink contributed to this report.

This article was originally published by Technical.ly Philly at TPhilly.com.

2013: YEAR OF THE INNOVATOR

MAKERS’ MARKS

Philly’s Maker CommunityThe following “maker community” developments took place in the last year:

— NextFab Studio below Graduate Hospital (21,000 square feet): Stalwart prototyping facility NextFab Studio, which opened in 2010 at the University City Science Center and now has more than 200 members, relocated to an expanded 2025 Washington Avenue campus last fall, increasing its size and bringing in new technology, like updated 3D printers, water jet cutters and a spray booth for painting.

— Dept. of Making and Doing in University City (4,500 square feet): Last weekend, the Department of Making and Doing officially opened its new headquarters in the former NextFab space.

— 3rd Ward in Kensington (27,000 square feet): During Philly Tech Week, Brooklyn’s 3rd Ward hosted the first open house for its new Kensington space as it begins accepting members for its offerings of light manufacturing, varied making and coworking.

— Sculpture Gym in Fishtown: The art-focused effort that launched with help from the Knight Arts Challenge has entered its second year of membership and is expanding metalworking and other classes.

— The Loom in Kensington (250,000 square feet): The former textile mill now hosts a variety of industrial firms.

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In Her Words: Finding Comfort in Working With FamilyIn her words:

Four years ago, when Angela Giovine and I launched our first digital magazine, I was

lucky to have a business partner that I could rely on 100 percent; she also happens to be my sister.

We celebrated the victories, pulled each other up through the challenges, and pushed each other to set ambi-tious goals. That relationship has, no doubt, been a key driver to our suc-cess.

When we founded Happenings Media a couple years later, creating that same reliability, positive energy, and overall camaraderie among the network became a top priority — highlighting outstanding content, celebrating each other’s sales, spit-balling ideas, answering questions, and simply listening when needed.

After all, on the wild ride of entre-preneurship, having a firm grip on something is invaluable.

With Happenings Media licensees regularly interact on a daily basis through a variety of communication platforms set up by the network; we’re thrilled at the level of collaboration established.

More so, this spring, we’re getting to see that positive energy spread, pushing both established and new licensees to reach new heights.

Having just completed the second annual Bucks Happening Red Car-pet Bash on May 2, two more exciting events are on the way: Montco Hap-pening’s Red Carpet Bash on May 17 at the Blair Mill Inn in Horsham, and SoJo Happening’s celebration of Cam-den County’s most happening at the Collingswood Ballroom on June 27.

Whether it’s internally within our licensing network or externally through any of the 20 hyperlocal markets reading our magazines, we can empower a community through support, information and inspiration.

DIARY OF A STARTUP

Tina Paparone finds comfort in having a busi-ness partner who not only feels like family, but is.

Here, she details work-ing with her sister Angela on Happenings Media, as well as what events her readership has to look forward to in the month ahead.

The second annual Bucks Happening Red Carpet Bash was held May 2. HERB GRANA/GRANA STUDIOS

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Non-Verbal Communication At Work

CONTRIBUTE


Darlene Price is president and founder of Well Said, Inc., a training and consulting firm specializing in high-impact presentations and effective communication. More information available at wellsaid.com.

Studies show that nonverbal communica-tion carries 65-93 percent more impact than the words spoken, especially when the message involves emotional meaning and attitudes. These nonverbal cues include facial expressions, eye contact, gestures, posture, body movement, tones of voice, dress, grooming and even your environment — wordless signals that speak volumes.

Here are my top five non-verbal com-munications tactics for achieving maximum performance in the workplace:

Look ‘em dead in the eye. When speaking to others, ideally look

directly into their eyes at least two to three seconds before looking away or moving to the next person. Glancing at someone for one second or less is known as ‘eye-dart’ and conveys insecurity, anxiety or evasion. Smile with your eyes.

Keep your cool even in the face of monumental stupidity.

Because your facial expressions are closely tied to emotion, they are often involuntary

and unconscious. For example, in a meeting with your boss, he or she may say something to make you angry. However, a pensive scowl, rolling eyes, and pursed lips may not help matters. If instead you want to convey a positive collaborative attitude, choose to hold a slight smile, nod occasionally, raise your eyebrows to show interest, and maintain good eye contact.

Pay attention not just to what people are saying, but how they are saying it.

Separate the emotion from the actual words being used. Focus and seek to under-stand the nonverbal elements of your voice and how others are talking include the tone, pacing, pausing, volume, inflection, pitch and articulation. Try recording your side of conversations throughout the day. Listen to them and identify what emotions and attitudes your voice tone communicates.

Dress appropriately for the occasion. Make sure your clothing fits the situation.

Make sure ‘business casual’ is not ‘business careless.’ Choose high quality, well-tailored

garments that convey professionalism. Depending on your corporate culture,

wear a business suit or at least a jacket for important meetings and presentations, especially with senior leaders and custom-ers. Avoid showy accessories, busy patterns, and tight or revealing garments. If advance-ment is your goal, convey a polished profes-sional presence in the workplace. Dress for the job you want, not the job you have.

Turn all of your electronics o!.Don’t be the one who causes a distraction.

Don’t check email, look at your phone, send a text, check the scores, or disengage in any way. Stay focused and attentive using open body language. Square your shoulders and point your toes directly toward the people you are meeting with. Lean into the conver-sation, focusing your eyes, ears and all your energy on them. To ensure your colleagues and key stakeholders receive the maximum value you bring to the table, be sure to send the nonverbal cues that convey confidence, credibility and professionalism.


As Philadelphia continues to strive to be a hub of innovation, city o!cials and businesses coordinate their e"orts to make the region more appealing to businesses and innovators.

But if further progress is to be made, politicians and business leaders will have to work closely with the region’s top colleges and universities — who are already bringing the brightest young minds to Philadelphia — to create better entrepreneurs and then to convince them to stay.

Temple, Penn, Villanova, La Salle and Drexel all have programs built to support their undergraduates pursuing careers in entrepreneurship. But what’s more important is that these schools, and others, are also creating programs to help their alumni and members of the regional community as they start businesses, improve current businesses or apply innovation to the public sector.

Philadelphia’s major universities have been embracing innovation and entrepreneurship for many years, but new programs and compe-titions are bringing the brightest minds to town.

THE NEW SCHOOLS OF THOUGHT

Geoff Pierret is a freelance writer living in Boston

Megan Waldron is a freelance writer living in Ardmore

Illustration by Don Lee


Work of Drexel Entrepreneurs Found Across Philadelphia

BY GEOFF PIERRET

Since the mid-’90s, students at Drexel University have had the opportunity to compete in the Business Plan con-

test, which promotes both a healthy level of competition and a monetary motivation for would-be entrepreneurs.

In 1999 Drexel put a new emphasis on entrepreneurship by opening the Baiada Center — a place where students could focus on their ventures and turn written ideas into real world models. The Center has since transformed into the Laurence A. Baiada Institute for Entrepreneurship.

Today, Drexel now holds three annual con-tests to promote its student entrepreneurs: the Business Concept Paper Competition, the Ian J. Berg Business Plan Competition and, perhaps the most exciting of the three, the Baiada Business Incubator Competition.

Winners of the Incubator Competition receive not only seed money to help get their business o! the ground, but also an opportu-nity to spend time in the Institute’s incubator developing their concepts under the helping hand of mentors from both the University and the Philadelphia entrepreneurial com-munity.

The competition is not limited to Entre-preneurship majors or LeBow College of Business students, but is open to all Drexel students and alumni as well as students from other universities.

Apart from its inclusive attitude, what sep-arates the Baiada Institute’s incubator from other programs is the active role it expects of its inhabitants.

As the Institute’s executive director, Mark Loschiavo, puts it, “In addition to being able to learn about entrepreneurship from an aca-demic perspective, at Drexel you’re going to get the experiential learning that goes with it. You’re really going to learn how to do it by doing it.”

The students really are doing it, and the results are everywhere.

If you’ve ever paid for your parking meter in Philadelphia with a Smart Card, then you’ve seen the results of the Baiada Insti-tute’s incubation process. A group of students who were tired of digging for change every time they hit the meter discovered that the meters in town had the capacity for Smart Card operation.

After presenting their idea to the state, they were able to convince parking authorities to change the hoods. Together they developed a Smart Card solution to pay for any parking meter with a card.

Mr. Loschiavo truly believes that the results of the Institute’s entrepreneurial spirit are running throughout Drexel University. A few years ago, one of his freshman students approached Mr. Loschiavo about the lack of a homecoming dance at Drexel.

Hoping to bring the event back to the university, the student went to the school’s o"cials and was in turn o!ered a budget of $50,000 to build an event for students and alumni.

“It’s not every university that would give a freshman $50,000,” says Mr. Loschiavo, but that is just part of Drexel’s entrepreneurial outlook.

Drexel will continue to foster this entre-preneurial spirit amongst its students. Mr. Loschiavo and his faculty at the Laurence A. Baiada Institute hope to maintain that active role he finds so important to the student entrepreneur’s success. “We will train them, bring in mentors, bring in guest speakers and take the students through a very struc-tured approach to have them validate their assumptions and crystallize their business models.”

Drexel students developed a Smart Card to pay for parking throughout Philadelphia.

PHILADELPHIA PARKING AUTHORITY

Villanova’s ICE Center Sparks Innovation Growth

BY MEGAN WALDRON

Villanova’s Center for Innovation, Creativity, and Entrepreneur-

ship (ICE) is a cross-college program o!ered to all students to develop their ability to think and create as entrepreneurs.

Theirs is one of the newer and recently progressing innovation programs among the area’s universities.

“Five years ago, it was an idea,” said the Center’s Faculty Director, James Klingler. “And we couldn’t even convince the president that it was a good idea.”

Mr. Klingler says Villanova’s president, the Rev. Peter M. Donohue, didn’t even like the name. Of the name ICE, “He said, ‘It sounds cold,’ and we said, ‘No, it’s cool!’”

A few short years lat-er, Mr. Klingler said, the ICE Center is one of the president’s favorite investments.

A concept and office that began with the intent to pro-mote entrepreneurial skills as a basis for leadership skills has grown quickly.

Now, the center hosts events, competitions, and guest speakers. The center also supports two undergraduate minor programs, one in the College of Engineering, the other in the Villanova School of Business.

One of the most positive products of the ICE Center is the ICE Certificate Program for Sophomores (ICE CaPS). Undergraduates studying in any discipline are invited to engage in the year-long series of workshops, meetings with mentors, projects, and active participation in various forms of social media.

Not only are students work-

ing towards certification, they are also communicating and interacting with successful entrepreneurs and practicing skills of innovation and cre-ativity in a timely and appro-priate form.

Because of programs such as ICE CaPS within the cen-ter, Villanova’s students have become leaders and innova-tors even as far as the growth and direction the organization has taken.

The conversation is active and exciting among involved students who share their experiences and ideas on the o"cial blog of the ICE Center,

and the interaction between LinkedIn for networking and Twitter for news and updates keeps a thor-ough progression of interest and ideas.

Mr. Klingler speaks with inspired energy

about the ICE Center, and his enthusiasm carries through-out the faculty, sta!, and the students who are geared into the entrepreneurial spirit by the community. He is proud of the “absolutely fantastic entrepreneurial programs” now part of the university’s livelihood.

All of the programs within the center are focused toward teaching rounded concepts of leadership through entrepre-neurship.

“Rarely is an entrepreneur-ship very narrow anymore,” said Mr. Klingler, who added that the ICE Center promotes study and experience across disciplines to make certain Villanova’s interested under-graduates are prepared to be masterful in multiple areas.

The challenge in developing the program was “to find what was our niche,” Mr. Klingler said.

Klingler


Penn Student Awarded For Female-Friendly Program

BY SAMANTHA SHARON

Penn engineering freshman Kate Miller is trying to help engineering become more of a female-friendly field.

On April 3, Ms. Miller was awarded the AspireIT award by the National Center for Women and Information Technology, an organization committed to getting more women interested in computer science and information technology. The award specifically honors female students who create and run computing-related outreach programs for middle school girls.

“I’ve always been passionate about engineering, and I wanted to share that with other girls,” Ms. Miller said.

Ms. Miller won the award for the creation of a new program that she will teach this summer at the camp Penn GEMS: Girls in Engineering, Math and Science, a week-long camp for sixth through eighth grade girls that takes place on campus.

She will be using the $5,000 grant she received as part of the award to purchase Microsoft tablets for the campers so she can teach them how to use Kodu, a visual programming language used to create computer games.

“I’ll try to provide a tutorial experience [for Kodu] and then let [the girls] pursue di!erent projects,” she said.

Ms. Miller explained that Kodu will teach the girls how to think logically and like programmers in an easy, non-intimi-dating way.

“[The program] adds another level of computing to the camp so we’re really excited about that,” Michele Grab, director of the Advancing Women in Engineering Program at Penn, who helped Ms. Miller with her project for Penn GEMS, said.

When Ms. Miller was in high school, she won her first Aspi-reIT award for her program FIONA — Future Innovators of New Albany — which worked to mentor middle school girls in New Albany, Ohio who were interested in science, technology, engineering and math.

“In middle school, girls don’t consider [engineering], it’s not on their radar,” Ms. Miller said. “That’s why I founded FIONA. I think it’s important that girls consider [the engineering field] even if they don’t ultimately pursue it.”

Part of Ms. Miller’s reasoning for creating FIONA and the new Kodu track for Penn GEMS is her concern about how under-represented women are in engineering, with women making up just 20 percent of the field.

This article was originally published by The Daily Penn-sylvanian at thedp.com.

Penn Inspires Creative Thinking Through Business Competitions

BY GEOFF PIERRET

Entrepreneurship has long been an academic focus at the Wharton School of the Univer-

sity of Pennsylvania. Since 1973 students have had the

opportunity to study entrepreneurship and harness the knowledge and skills necessary to bringing their ventures to life.

Whether they are business students or not, Penn undergrads are encour-aged to take part in co-curricular programs that will allow them to get involved in entrepreneurship.

And, while these co-curricular pro-grams don’t o!er academic credit, they certainly give the students real world experience that will help them in their future ventures.

“We want to make sure everything we do gives our students an opportunity to learn,” said Wharton’s Entrepreneur-ship Managing Director, Emily Cieri, who believes that interfacing with a variety of resources sincerely aids future entrepreneurs.

By opening its doors to non-business undergrads, Wharton shows students that they will have to interact not only with other business men and women, but also with engineers, lawyers and contractors to name a few. And the stu-dents, it seems, have embraced this philosophy.

Students at Wharton initiate many of the entrepreneurial events on campus. Each week the eClub hosts Entrepreneurship Mondays, a student-run program where those who share the entrepreneurial spirit can discuss ideas or learn from the experience of others about the post-graduate business world.

It’s not that Wharton doesn’t provide opportu-nities for its students (there are many); the fact is simply that Wharton students take a proactive approach to their education, and, as Ms. Cieri said, “We let students drive events because in the entrepreneurial world if you’re going to get anything done that’s the way you have to do it.”

Like other schools, Wharton o!ers a variety of friendly competitions where student groups develop concepts that they hope will be chosen as the one funded and turned into a real world business.

This year, judges of the Wharton Busi-ness Plan Competition’s Venture Finals chose ZenKars, an online auto retailer that cuts out

the middleman and gets vehicles directly from the seller to the consumer.

These students hope to be counted among the ranks of other successful businesses founded by Wharton graduates such as Warby Parker, a prescription eyeglasses company that not only produces a!ordable eyewear, but gives back to the global community with its “Buy a pair, give a pair” program.

Giving back is an obvious priority among Wharton alumni as many of them contribute to the school not only fiscally but also actively as judges of the Business Plan Competition or as speakers in the classroom.

Ultimately, Wharton has built a strong entre-preneurial community where faculty, students and alumni interact in the hopes of improving the region by strengthening its economy.

The University of Pennsylvania is known as a beacon of academia, but it is the students that have created this culture and harvested the fruits of their studies by becoming active participants in both their education and their community.

Zenkars cofounders Venkat Jonnala (left) and Jean-Mathieu Chabas won the Wharton Business Plan Competition. SUBMITTED


Temple Teaching Innovation Across All College Programs

BY MEGAN WALDRON

Temple was founded by an entrepreneur.” Even at its birth, Temple University was

invested in the entrepreneurial spirit. Robert McNamee, Academic Direc-

tor of Temple’s Innovation & Entre-preneurship Institute, recognizes the university’s history as an intriguing factor in its now massively successful organization.

The Princeton Review ranked Temple’s entrepreneurial programs for undergraduates No. 8 in the coun-try, a statistic telling of the success of the Institute, which McNamee says assembles a “balance of entrepreneur-ship and innovation.”

The Institute facilitates itself through all of Temple’s 17 schools via outreach programs, special events, and undergraduate courses. There are three di!erent entrepreneurship certifi-cates o!ered for non-business majors, and, perhaps most significantly, Temple o!ers an undergraduate Entrepreneurship major.

“We’ve developed a lot of working pieces, and there are so many di!erent components,” said Mr. McNamee.

The first programs began about 15 years ago, but the entrepreneurial spirit has cemented itself as part of the university’s character by its overwhelming impact and growth.

Mr. McNamee said the Dean of Temple’s Fox Business School now acknowledges three core areas of undergraduate educa-tion: international business, technology and entrepreneurship. The increasing trend in developing undergraduate students to gain entrepreneurial skills is asserted by the uni-versity.

The university didn’t stop at making inno-vative skills as accessible as they are a priority. The intricate means of designing programs based on a student’s specific interests are ongoing and most importantly, successful for several Temple graduates.

Last year, 24-year-old Mohamed Ali Niang set up Malo Traders LLC after graduating from Temple in 2011 with a dual major in International Business and Entrepreneur-ship. His business was designed to fight poverty and malnutrition in his home

country of Mali, which he accomplished by re-distributing the income of rice farmers while creating a way to sell fortified rice at an a!ordable price.

Mr. McNamee recognizes Mr. Niang as one of many successful Temple graduates who benefited not only from his education, but also by the funding the program provides via awards and competitions throughout the university.

“What we’re trying to do is introduce stu-dents to other versions of entrepreneurship,” Mr. McNamee said.

Not every student is going to start his or her own business, he said, but the ultimate purpose of the program is to make every student employable. Entrepreneurial skills make a student more appealing in any career.

The Institute’s Executive Association is designed “like the Apple genius bar for entre-preneurs.” Students can access information or one of the 400 mentors in the program with their specific interests, and the sources will narrow down classes or programs based on their individual disciplines.

Entrepreneur Russell H. Conwell founded Temple on the basis of change and progres-sion. No matter the many successes and acco-lades for the Innovation and Entrepreneur-ship Institute, perhaps the most promising thought is that they are still working to make it greater.

Mohamed Ali Niang TEMPLE.EDU

Entrepreneurship Center At La Salle Looks to Help Both Students, Alumni

Current students at La Salle University have access to entre-

preneurship-based programs within the School of Busi-ness to help guide them into a future with jobs that do not yet exist.

But La Salle prides itself not only on its opportunities avail-able to its student body, but also on the resources it makes available to its alumni and members of the community.

“The La Salle Center for Entrepreneurship exists to assist students, alumni and our community explore and pursue their entrepreneurial interests,” explains the website at lasalle.edu.

Services o!ered by the cen-ter include the following:

Venture Mentoring “Direct correspondence with

our Center to plan, organize and execute your business goals including venture for-mation, business plan support, financing, market strategy, and other activities.”

Project-Based Support Services

“For more comprehensive support, our Center can help tackle key projects and tasks for your venture.”

Workshops And Informa-tional Programming

“Live, online and pre-record-ed information sessions and presentations are available to further your education in entrepreneurial topics.”

The center is run by Execu-tive Director Steve Melick, who was the founder and president of MODA Technol-ogy Partners from 2005 to 2010, when the company was sold to Lonza Group, accord-ing to lasalle.edu.

“Prior to its acquisition, Steven helped MODA raise $8.5M in venture capital, establish its financial and operations infrastructure, implement a product delivery organization and manage all of its legal and IP concerns. MODA was founded from within Steven’s prior company, The Sycamore Group, where he was founder, President and CEO,” according to the center’s website.


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REAL ESTATE

When Hiring A Professional Home Stager Makes SenseBY SANDY SMITH

Let’s face it — not all of us are design geniuses.

We may keep our homes spic and span, with everything in its place, but that place still might not show o! its qualities to greatest advantage when it comes time for you to sell it.

We may know all the little things we need to do to make the inside of our homes more appealing to buyers, like getting rid of clutter and remov-ing peculiarly personal mementoes or odd knicknacks, but we may still not have our home in ready-for-its-closeup condition.

In such cases, it makes sense to engage the services of a professional home stager.

Home stagers are interior design specialists who focus on turning sell-ers’ homes into show pieces.

They know the little tricks that turn a room from ho-hum to daz-

zling, where and how to place furni-ture to maximize the appearance of spaciousness, and the steps to take to downplay a home’s defects.

And in just about all cases, they can do it with the objects you already own.

What’s more, hiring a home stager can be an excellent investment.

A survey conducted by the HomeGain website found that pro-fessional staging produced a $1,780 average boost in a home’s selling price, or a 586 percent return on investment.

Which means that if you can a!ord it, hiring a professional stager can result not only in a faster sale of your home, but also a more profitable one.

The Philadelphia area has many talented, knowledgeable home stag-ers to choose from.

This article was originally pub-lished by the Philadelphia Real Estate Blog at PhillyLiving.com.

Nicole Miller-Desantis

(215) 641-2727 (offi ce)(267) 419-1454 (direct)

(215) 850-1305 (cell)(215) 999-5817 (fax)

Blue Bell Offi ce686 Dekalb PikeBlue Bell, PA 19422

5 beds | 6 full, 3 partial bathsTimeless & Elegant describe this true estate in prestigious Gwyn-edd Valley. Built by the builder, for the builder, the residence is sited on over 1.5 acres and offers over 11,000 sf of living space. This home was designed for those with the most discriminating taste and an appreciation for fi ne living.

5 beds | 3 full, 1 partial baths Tastefully decorated colonial in desirable Polo Club Estates in the heart of Gwynedd Valley. Sited on over an acre, this well positioned, brightly lit home has improvements throughout. Hardwood fl ooring, custom paint, newly renovated pow-der & mud rooms along with numer-ous other fi nishes that highlight this beautifully maintained home.

5 beds | 5 full, 1 partial bathsMeticulously maintained, solid built, Philomeno & Salamone estate home offers nearly 6,000 sq.ft. of living space on 3/4 acres w/3 bay garage. Conveniently located on a private cul de sac in desirable Blue Bell,this home was designed toentertain with its’ custom fi nishes t/o including newly renovated gourmet kitchen.

4 beds | 3 full, 2 partial bathsSited on a nearly 1 acre wooded lot in popular Penn Oak, this pretty stone colonial boasts nearly 7,000 sq. ft. of living space w/ its full, fi nished, walk-out basement. This home offers a bright, open fl oor plan with access to the outdoors from nearly every room. Kitchen w/ Breakfast Room is welcoming and provides access to large, rear deck for easy entertaining.

820 Brushtown Rd,Gwynedd Valley, PA

84 Norristown Rd,Blue Bell, PA 19422

1204 Hunt Seat Dr,Lower Gwynedd, PA

936 N Penn Oak Rd,Lower Gwynedd, PA

$3.65 M (6005156)

$965,000 (5962964)

$1.125 M (6196317)

$948,500 (6196308)


REAL ESTATE

Townhomes To Replace Old Pennsport Church

BY SANDY SMITH

Last week, demolition work began on the former St. John the Evangelist Epis-copal Church at 3rd and Reed streets in Pennsport.

Here’s what’s going to replace it: 12 new single-family townhomes.

The homes will be arrayed along a driveway entered from Reed Street. Entrances to six of the homes will face 3rd Street, and the other six will face the driveway.

The 12 townhomes will each have three bedrooms, 3.5 baths, partly fin-ished basements, rear decks and roof decks accessed via pilot houses set back from the street.

Harman Deutsch Architecture, whose

highly modernist designs tend to favor gray, black and white color palettes, makes a nod to South Philly brick tra-dition with the street facades of these homes, which present a restrained mod-ern face to Third Street.

Turn the corner, however, and the strip tease begins: the high-contrast colors peek out from behind the brick on the Reed Street side and assert themselves along the interior driveway.

We will have more information on this project as work progresses.

The homes are being marketed by Noah Ostro! & Associates, the sponsor of the Philadelphia Real Estate Blog.

This article was originally pub-lished by the Philadelphia Real Estate Blog at PhiladelphiaRealEstate.com.

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REAL ESTATE

Buildings Then & Now: Medieval-Inspired Home To Student Center

BY MATT STRINGER

Max Riebenack, a poor immigrant from Bavaria who made good in Philadel-phia’s post-Civil War boom years, lived

all over Powelton Village in the late 1800s: first at 3718 Baring Street, then at 3701 Powelton Avenue.

A fixture on the social scene in the streetcar suburb that the area was at the time, he wasn’t satisfied with those homes and more than likely decided to build something to showcase his style.

He accomplished that and more, building one of the more exotic dwellings in the area at 227 North 34th Street.

Built in 1888, this three-story rusticated stone eclectic style house is marked by the medieval-inspired crenelles facing Powelton Avenue with a wraparound porch and the two-story metal-sheathed turret with conical red slate-shingled roof that addresses the street corner. The bay windows finish o! the house’s musical style.

As the historical photos show, it stood back at the turn of the 20th century much as it does today.

The house stayed in the Riebenack family until 1928, when the Drexel Institute of Technology acquired the building and three separate plots of land owned by the Riebenack estate for $125,000.

The home then became the location for the Home Management House for female majors of the Domestic Science and Arts Department in 1929.

Drexel placed a nursery school on the first floor and the Home Management o"ces and classrooms on the

top floors. Sometime in the 1950s, Drexel named the building the Grace Godfrey Home Management House, after Grace Godfrey, the second director of home eco-nomics and advisor to women. She focused the educa-tion of women in the home on “Mopping, marketing, mending, and managing.”

Though these courses seem almost out of the 1800s and incredibly anachronistic, that’s how it was then. If nothing else, the domestic science students sure must have enjoyed living in this Gothic masterpiece of a house.

It’s unknown if the curriculum stayed the same for all those years between the 1950s and 1990, but in 1991 an electrical fire in the daycare shuttered the building for 10 years and completely closed o! students from experiencing one of Drexel’s crown jewels in Powelton Village.

That changed when alumnus and former chairman of the Board of Trustees George Ross and his wife Lyn made a generous donation to the university to renovate the building in 2001.

In 2003, after an extensive $5.2 million renovation project, the 17,500-square-foot building was dedicated and renamed the Ross Commons in honor of the Ross family and reopened as a student center complete with tiled fireplaces, opulent furnishings, a grand staircase and two eateries, Sabrina’s Café and Spencer’s Burgers.

This article was originally published at Philadel-phiaRealEstate.com.

Above: An early view of the Riebenack mansion. The gas lamp suggests it too predates Drexel’s 1928 acquisition of the house.

DREXEL UNIVERSITY ARCHIVES

Below: Max Riebenack’s third Powelton Village mansion, now Ross Commons at Drexel University.

MATT STRINGER


It felt more like I was at a Diane Von Furstenberg dress sample sale — not a talk by one of the most distinctive women in business today — as I made my way through the throngs of women at the Bellevue Hotel.

Such was the frenzy that Sheryl Sandberg cultivated at 7:30 a.m. April 4 as women from the Philadelphia region vied for a copy of her bestselling book, Lean In, and to catch a glimpse of her as she was escorted from the VIP reception to the ballroom to share her words of wisdom with us.

Women today are happy to look to Sheryl Sandberg as a model of executive leadership for several reasons.

First, she’s humble. Sheryl is willing to share the scars, mishaps and fears that have been part of her journey to get to such lofty heights in business today.

Second, she’s part of the executive leadership team of, if no longer the coolest company, then still a very relevant com-pany: Facebook.

Third, whether we have already “made it” and are part of an elite fleet of executive women, or yearn to be members one day, Sheryl serves as a good example of how to play with the boys and still maintain your sense of humor and your stilettos.

Sponsored by the Philadelphia Chamber of Commerce’s Arts & Business Council, and adeptly interviewed by Tamala Edwards of the WPVI/6abc news team, I walked away with the following five lessons from Sheryl Sandberg — not in any particular order:

Lesson No. 1: It’s not a ladder, it’s a jungle gym.

What a brilliant metaphor! This visual depicts the circuitous and loopy path that most dynamic careers have.

Ladders are sturdy and are great to get us from point A to point B, but they’re pretty lousy if once you arrive at the top, you look down only to realize that everyone has scurried to another building! Plus, in that situation, a ladder would mean that there’s only one way to move on: down.

Jungle gyms, on the other hand, allow for both vertical and lateral pathways, they exercise a range of muscles in our bodies, and they assume that sometimes we will have to travel down and across multiple times. The jungle gym metaphor also doesn’t assume that “up” from your cur-rent vantage point is the final destination.; most of the time, we cannot actually see the pinnacle.

As Sheryl pointed out, she would have

never been able to say in 1987 that she wanted a career related to the internet and social media… for obvious reasons.

Lesson No. 2: Who you marry is the single most important career choice you can make.

Quietly as it’s kept, this is very true! And as Sheryl pointed out, this matters for same-sex couples as well. Just as men have always factored in what type of woman they would marry in terms of how supportive she would be, how well she can navigate social mores, and how flexible she would be with all the transitions that come with more responsibility in leadership — so too should women. The di!erence is that women can’t have wives. Women are still responsible for the majority of housework and childcare even when working full time outside of the home.

So choosing a mate who not only says he supports you but shows through his actions is critical. Choosing the right partner should be the icing on the cake; for some of us, we may be better o! staying single until we can choose best for us on multiple levels.

The natural extension of Sheryl’s com-ment is that there need to be more organiza-tional cultures where the realities of women wanting to start families is brought up in conversation by male leadership, making it safe to engage women in conversations that are complex.

Lesson No. 3 Don’t leave before you leave.

This one was a bit tricky for me to grasp initially, but as Sheryl explained what she meant, I realized it too was another golden nugget.

This lesson cautions us to not put up barriers and excuses for why we don’t try and go for a particular opportunity in an organization because we assume that “One day I will be married,” or “One day, I will have children…” and that, therefore, today’s opportunity won’t be very practical.

For example, a single woman with no children who says “no” to an opportunity to move abroad to Sri Lanka to work for a multi-national company because of the assumption that such a move will reduce her chances of meeting the right guy, getting married and starting a family is saying “no” before, in reality, the circumstances neces-sitate her saying no.

Lesson No. 4: The law never said we can’t talk about discrimination.

Sheryl made the excellent point that we have progressive laws in place to ensure that individuals are protected against discriminatory acts based on our ethnicity, our gender, our ability to bear children, etc.

Except that what has predominated is a code of silence to actually engage in con-versation about how those laws impact our lives. How has being discriminated against make us feel? How much more complex is it to operationalize those laws in the midst of the stickiness of interpersonal relationships, tradition and circumstance?

Lesson No. 5: Strangers can’t mentor you because they don’t know you.

This was a terrific cautionary tale. Sheryl shared her feelings of being adverse to the idea of mentoring someone you don’t know because it ends up being a bit stilted and inauthentic. Instead, she pro!ered the advice to those who seek mentorship to help someone.

Think about it: When you are being helped and assisted by someone to do even the most mundane tasks, you get to know them on a level that truly demonstrates to you the ways in which they show up and are engaged. The opportunities to mentor, advise, help and refer them become much more organic and heartfelt. So, o!er to help on a project, and that person may very well end up mentoring you.

I’ve historically been adverse to the word “executive” because it has come across as a bit sti! to me. However, Sheryl Sandberg is a wonderful example of an executive female leader because she fluidly executes on her principles and prods us all on.

Check out her inspiring Lean In cam-paign at leanin.org.

Natalie W. Nixon, PhD, is Director of The Strategic Design MBA at Philadelphia University.

CONTRIBUTE


Lessons From Sheryl SandbergOPINION

LADDERS ARE STURDY AND GREAT TO GET US FROM POINT A TO POINT B, BUT THEY’RE PRETTY LOUSY IF ONCE YOU ARRIVE AT THE TOP, YOU LOOK DOWN ONLY TO REALIZE THAT EVERYONE HAS SCURRIED TO ANOTHER BUILDING.


REGION’S BUSINESSA JOURNAL OF BUSINESS AND POLITICS

© COPYRIGHT 2013 INDEPENDENCE MEDIA350 SENTRY PARKWAY, BLDG. 630, SUITE 100C

BLUE BELL, PA 19422610.572.7112 | WWW.REGIONSBUSINESS.COM

EDITORIAL BOARD

CEO and President James D. McDonaldEditorial Director Karl SmithAssociate Editor Terrence Casey

HOW TO CONTRIBUTE

To contribute, send comments, letters and essays to [email protected]. Opinions expressed by guest writers do not necessarily reflect those of Region’s Business. We reserve the right to edit all submissions for content, style and length.

Let’s Fund-Raise For Philadelphia SchoolsIt’s ironic that a university can raise $4.3 billion during its five-year campaign, yet an entire city can’t raise $300 million for its schoolchildren. That’s not a criticism of Penn, which does give back to the community.......Given the fiscal crisis facing Philadelphia public schools, however, Penn and other local colleges and universities ought to consider doing more. After all, investing in pre-college education would also serve the universities’ long-term interests by feeding them a higher caliber of incoming local freshmen and helping with the retention of talented faculty with school-age children.

JUN-YOUB LEE ON INQUIRER.COM, 14 MAY, 2013

Former PA Gov. Leader Leaves Legacy of ReformFor a one-term governor during the late 1950s, George Leader had lasting influence across the state and through the decades, right up until his death Thursday at age 95.Former Gov. George Leader received the Rosemary Award for his and his family’s fight against Alzheimer’s disease. Just last year, he helped spur Pennsylvania to pass sorely needed prison reforms. The changes reflected his long-held belief that the state was wasting money and lives by being too quick to throw non-violent people in prisons and doing too little to help them with they come out. More than 50 years earlier, as governor, he modernized Pennsylvania’s shameful mental health care system, reforming what had been warehouses of neglect and indifference.

PATRIOT-NEWS EDITORIAL, 10 MAY 2013

Legislators, Not Teachers At Fault for Pension CrisisNot only did the legislators vote themselves a 50 percent increase in their pensions, but also they severely contributed to the crisis by allowing school districts to contribute less than what was needed. In the meantime, the teachers have always continued to make their contributions. Yet these same legislators have responded to the crisis with talk about cutting back on teachers’ pensions.

SUSAN CHRISTOFF ON MCALL.COM, 11 MAY 2013

Mandated Pension Cuts Will Hurt Public EducationBecause the state Legislature postponed needed increases in employer contributions for a decade, school districts and the commonwealth have not paid what they should. As a result, the impact of future increases to the state and school districts’ budgets for their share over the next four years — eventually topping out at close to 30 percent — will require tax increases and/or severe budgetary cuts for both the state and school districts to meet future obligations.Unless future investments make up losses, employees and/or taxpayers will have to fund the difference. Since school district revenues have been negatively affected by the economic downturn, mandated PSERS increases could result in severe cuts to districts’ budgets that could negatively impact delivery of quality public education.

NANCY SAUERS ON PHILLYBURBS.COM, 14 MAY, 2013

State Redistricting Breaks Constitutional RuleSection 16 of Article 2 of the Pennsylvania Constitution reads: “Unless absolutely necessary no county, city, incorporated town, borough, township or ward shall be divided in forming either a senatorial or representative district.” But although the number of municipalities split by the previous plan was cited by the court for the rejection last year, the plan approved Wednesday leaves the division of many municipalities unchanged. Among those who will see confusing splits are Pottstown and Phoenixville. In Pottstown, the First, Second and part of the Seventh wards of Pottstown will fall into the 26th House District, currently represented by longtime Chester County Republican Tim Hennessey. The Third, Fourth, Fifth, Sixth and other half of the Seventh wards will continue to be represented by the 146th House District, a seat currently held by freshman Democrat Mark Painter. Phoenixville will be split between the 157th House District, currently represented by Republican Warren Kampf, and 155th House District, now represented by Republican Becky Corbin.

DAILY LOCAL EDITORIAL, 13 MAY, 2013

COMMENTARY FROM ACROSS THE WEB

Race for the Cure Philly 2013. @KKENNEDYWARE

29

@TerryMadonnaPa State Supreme Court uphold legislative redistricting plan -- so much for the supposed politically divided court.

8 MAY 2013

@JohnEWetzelPA lost a true legend and civil servant. Glad to have [been] fortunate enough to have got to know him. #RIP #GovLeader

9 MAY 2013

@DePasqualaPASpanier’s salary highlights another reason why state-related universities should come under PA open records law.

13 MAY 2013

@CunninghamProfKudos to Gw colleauge Jeffrey Rosen, named new CEO of National Constitution Center

7 MAY 2013

@EconomyLeagueMuch needed link to growing economies! Qatar Airways to add nonstop route to PHL

7 MAY 2013

@Snyders_HanoverWay to go #Philly! “Record Visitation to #Philadelphia in 2012.” Come visit our factory to and from too :)

9 MAY 2013

@VisitBucksPASpring into fun in #BucksCounty w/ our newest Pinterest board featuring festivals, fairs and events all season long.

14 MAY 2013

@NikiVerverelliGiven Drexel’s recent development frenzy, we wouldn’t be at all surprised if Blatstein was planning student housing

7 MAY 2013

@EdufaceyRewarding Teachers Innovations: South Philly High teacher wins $20K award for ed-tech startup

10 MAY 2013

@MattBuchananFlight attendant aggressively dressed down lady for putting phone in airplane mode. “I have an iPhone. That’s not off. Want me to show you?”

14 MAY 2013

OPINION


BY THE NUMBERS

78%Americans who perceive

adults with crooked teeth to be unsuccessful

48%Americans ages 18-24 who have untagged a photo on themselves on Facebook

because they didn’t like their smile

36%Americans who are unhappy with the appearance of their

teeth and believe better teeth would lead to a better

social life

14%Americans who are unhappy with their teeth and feel that they might be missing out on

a better job

16,500Estimated attendees

at the annual American Association of Orthodontists session at the Pennsylvania Convention Center May 3-7

AMERICAN ASSOCIATION

OF ORTHODONTISTS

99%Adult airline passengers who travel

with a portable electronic device (a smartphone or tablet) and

carried at least one onboard while traveling in the past 12 months

69% Adult airline passengers who travel with a portable electronic device and have used at least one of the

devices during a flight

30%Adult airline passengers who

have accidentally left a portable electronic device turned on during

a flight

59%Adult airline passengers who reported always turning their portable electronic devices

completely off

CONSUMER ELECTRONICS ASSOCIATION

46%American men who said their

first name is easy to spell

36% American women who said their

first name is easy to spell

28%Men who said their first name

has “a family significance”

18%Women who said their first

name has “a family significance”

WHYMOMSRULE.COM

12,596Babies per million born in 2013

named Liam, the most popular’s boy’s name for the second

consecutive year

14,012 Babies per million born in 2013 named Emma, the most popular girl’s name

every year since 2011

5,966Babies per million born in 2013

named James, the most popular boy’s name in 1950

14 James’ rank in 2013

171Babies per million born in 2013 named Linda, the most popular

girl’s name in 1950

797Linda’s rank in 2013

BABYCENTER.COM

79%People who said “medium

layers” is the best hair style for women

72%People who said “bed head” is

the best hair style for men

63% People who said the “bowl

cut” is the worst hair style for men

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Region's Business 16 May 2013

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