|[January 15, 2013]
University City Science Center Celebrates 50 Years of Helping Entrepreneurs Invent the Future
PHILADELPHIA --(Business Wire)--
The University City Science Center, the oldest and largest urban
research park in the nation, is celebrating its 50th
anniversary in 2013.
A 501(c) 3 nonprofit, the Science Center supports entrepreneurship,
innovation and technology commercialization in the life sciences and
emerging technologies. It accomplishes this by providing office and lab
space, access to investors and business-building advice, and equally
important - a community of entrepreneurship and innovation. Together,
this support helps companies move technology into the marketplace where
it can have a positive impact on people's lives.
Highlights of the year-long celebration will include: the introduction
of a new 50th anniversary logo, hosting of the Association of
University Research Parks (AURP) International Conference in September,
a call for nominations for a regional Innovators Walk of Fame, and a 50th
anniversary celebration scheduled for Oct. 17, 2013.
"As we embark on our 50th anniversary, we have two goals,"
says Science Center President and CEO Stephen S. Tang, Ph.D., MBA. "Not
only do we want to honor our past, and the scores of innovators who have
walked our halls and toiled in our labs, but we want to look ahead to
the future of innovation in our great region. Computer scientist Alan
Kay, who worked for three iconic tech companies: Apple (News - Alert), Disney and HP
says: 'The best way to predict the future is to invent it.' As the
Science Center celebrates its 50th anniversary, we look
forward to working with our region's entrepreneurs and tech innovators
as they invent our global future."
The Science Center is regional and collaborative by nature and design.
Nine months after the University of Pennsylvania President appointed a
committee to study the concept of a science center in University City,
five eds and meds organizations joined forces to file articles of
incorporation for the Science Center on October 28, 1963: University of
Pennsylvania, Drexel University, the Philadelphia College of Pharmacy
and Science, Presbyterian Hospital, and Temple University. They were
joined in 1964 by Bryn Mawr College, Children's Hospital of
Philadelphia, Lehigh University, Women's Medical College of Pennsylvania
and Hospital, Pennsylvania Hospital, and Thomas Jefferson University as
the initial shareholders. Today the Science Center has 31 shareholders
in Pennsylvania, NJ and Delaware.
Over the course of its 50-year history, the Science Center has grown
from one building at 3401 Market Street that is now home to Drexel
University's ExCITe Center to 15 buildings on the stretch of Market
Street that is officially known as the Avenue of Technology. The Science
Center's 16th building, at the corner of 38th and
Market, is currently under construction. The Science Center is scheduled
to break ground on its 17th building, a residential project
at 3601 Market Street, this fall.
The Science Center pioneered the concept of business incubation.
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.
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