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Business & Entrepreneurship

touch sensitive fabric

Drexel Brings National Network for Advanced Functional Fabrics Manufacturing to Philadelphia

The U.S. Department of Defense has tapped Drexel University as a key leader in the creation of a $75 million national research institute that will support American textile manufacturers in bringing sophisticated new materials and textiles to the marketplace. The institute, called Advanced Functional Fabrics of America, will be a national manufacturing resource center for industry and government to draw on academic expertise in new fibers and textiles. The result will be fabrics engineered to see, hear, sense and communicate; serving an array of industries including aerospace, apparel, architecture and health. 

Eileen McDonnell, president and CEO of Penn Mutual and Drexel's 2016 Business Leader of the Year

Drexel Names Penn Mutual Chairman and CEO Eileen C. McDonnell 2016 Business Leader of the Year

Drexel University’s LeBow College of Business has named Penn Mutual Chairman and CEO Eileen C. McDonnell as its 2016 Business Leader of the Year. McDonnell will be honored at a luncheon celebrating her achievements on April 5.

Drexel Square rendering

Drexel and Brandywine Realty Trust Partner on “Schuylkill Yards” Innovation Development

Drexel and Brandywine Realty Trust made history as they announced their partnership and unveiled plans for Philadelphia’s Schuylkill Yards innovation development, a 14-acre master planned community. Initial phases of the projected 20-year development plan will consist of 5 million gross square feet of mixed-use real estate on a 10-acre site next to Drexel’s main campus and adjacent to Amtrak’s 30th Street Station and Brandywine’s Cira Centre.
Image of Bradley vs. Helvetica

The Game of Fonts: Research Finds That Difficult-to-Read Fonts Can Positively Affect Buying Habits

In a new paper, forthcoming in the Journal of the Academy of Science, a team of researchers including Drexel University’s Rajneesh Suri, PhD, a professor of marketing at the LeBow College of Business, take a closer look at how consumers’ buying decisions are influenced by fonts.
John A. Fry

Greater Philadelphia Chamber of Commerce Announces John Fry as Next Chairman

The Greater Philadelphia Chamber of Commerce (the Chamber) has announced that Drexel President John A. Fry will serve as its Chairman beginning in October 2016. He has been a member of the Chamber’s Board of Directors since 2010 and a member of its Executive Committee since 2011.

JJ Ramberg

Drexel to Host MSNBC’s JJ Ramberg of “Your Business” For Talk on Issues Affecting Small Biz Owners

MSNBC’s JJ Ramberg, host of “Your Business,” a television show dedicated to discussions about the issues affecting small business owners, will speak to Drexel University students on Jan. 28 at 6:30 p.m. 
Michelin logo

Four Drexel Teams Receive Awards in Michelin Connected Mobility Challenge

Drexel University and Michelin North America have announced the winner of the Connected Mobility Challenge, a six-week competition to identify innovative solutions with the potential to impact people and their mobility and change the transportation industry.  

One Drexel Plaza

Looking East: Drexel Welcomes First Tenants to New Space on 30th-Street Side of Innovation Neighborhood

The Innovation Neighborhood, a real estate corridor stretching west from 30th Street Station, between Market Street and JFK Boulevard, envisioned in Drexel University’s master plan as an area that will be transformed into a sector for burgeoning science, technology and biomedical companies, is welcoming its first tenant at One Drexel Plaza — a new space at the Neighborhood’s eastern entrance. A local real estate development company, called PHL Next Stage Med, is setting up shop in a newly renovated, 20,800-square-foot space owned by the University at 3001 Market St.  
innovation center

Ben Franklin Technology Partners Joins ic@3401 and Drexel to Boost Startup Resources in University City

A number of developments in University City’s startup ecosystem are aligning—all to the benefit of Philadelphia’s burgeoning community of entrepreneurs. Drexel University and Ben Franklin Technology Partners of Southeastern Pennsylvania are teaming up to create a $10 million early stage seed fund that will support spin-off companies from the University. Concurrent with the launch of the new fund, Ben Franklin will join Drexel and University City Science Center’s efforts to strengthen the offerings for members at the Innovation Center @3401 (ic@3401). And the technology and healthcare growth capital provider, Safeguard Scientifics, is also joining ic@3401 in a high-level capacity.

Donna DeCarolis

Alliance of Women Entrepreneurs Honors Drexel’s Donna De Carolis with Iris Newman Award

The Alliance of Women Entrepreneurs honored Donna De Carolis, dean of Drexel University’s Charles D. Close School of Entrepreneurship, with its Iris Newman Award. De Carolis received the award at AWE’s annual gala on Nov. 16 at the World Café Live. The Iris Newman award is presented annually to a woman who exhibits a trailblazing spirit, inspiring leadership and stalwart support for women in the entrepreneurial community.

LeBow College of Business student Roger Kfoury recently completed a co-op at Mars Drinks.

A Co-op Featuring Big Responsibilities at an Even Bigger Company

Roger Kfoury experienced the best of both worlds during his co-op at Mars Drinks: the work culture of a small family-owned company and the international brand recognition and opportunities. 
Stephen Mack, associate vice president of Procurement Services.

Q&A with Procurement's Stephen Mack

In every procurement job Stephen Mack has taken, he’s sought to bring the lesson learned at the start of his career to the world of higher education. At Drexel, Mack feels his ideas are finding a willing audience as he takes Procurement Services from a buying operation to one that shaves budget inefficiencies and even generates a little revenue.