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Business & Entrepreneurship

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.
Drexel student works on PMN app

Philadelphia Media Network and Drexel University Team Up on News App

Research suggests that the vast majority of young adults are interested in news, but most news apps and websites fail to meet their expectations. In a ground-breaking partnership between Drexel University and Philadelphia Media Network LLC, a cutting- edge social news app is being created by young adults with a primary goal of serving millennial audiences but with the needs of a wider array of users on mobile devices in mind. The partnership will lay the foundation for further external collaboration on research and development of PMN’s news products.

Student musicians play during a recent live case-study of the School of Rock in a LeBow College of Business marketing course. Photo by Susan Rinaldi.

This Course Rocks: Teaching the Importance of Performance

For a course designed around performance and business, a visit from the School of Rock proved to be just the right tune for one LeBow marketing class.
music startup academy

Drexel to Host Startup Academy For Musical Entrepreneurs 

Before companies like Pandora, Spotify, and YouTube became household names, they were startup businesses that had to figure out their businesses in the complex worlds of music and technology. Of course, many ideas like this don’t get off the ground—and it’s not because they aren’t good ones. Drexel University and the Music Business Association (Music Biz) are trying to give these inklings of enterprising musical minds a fighting chance at getting noticed by training them in the ways of entrepreneurs at Philadelphia’s first Music Startup Academy.

Nearly 43,000 young people in Philadelphia are disconnected or disengaged from the work force.

One in Four Young Adults in Philadelphia Are “Disconnected” from Both Work and School

One in four people in Philadelphia between the ages of 18 and 24 are “disconnected” from the labor market – out of school and out of work – according to a new study from Drexel University’s Center for Labor Markets and Policy. Nationally, only 17.7 percent of the age group were disconnected. The report, released this month, was conducted by Paul Harrington, PhD, director of Drexel’s Center for Labor Markets and Policy, and Neeta Fogg, PhD, a labor economist in the Center

A football laying in the grass. Photo by RonAlmog (https://www.flickr.com/photos/ronalmog/3104856676/).

Q&A: Daniel Korschun on NFL Reputation Amid Cover-Up Allegations

Associate Professor Daniel Korschun discusses the business implications the NFL could be facing after an ESPN report  accused the league of a large-scale cover-up of a cheating scandal.
Michelin logo

Drexel and Michelin North American Partner in Connected Mobility Challenge

Drexel announced a new collaboration with Michelin North America to help find and develop new technologies that have the potential to impact people and their mobility, and change the transportation industry.

Starbright gameplay. Courtesy of Lunar Rabbit.

Reaching for the Stars in the Entrepreneurial Game Studio

Having recently released their game from Drexel’s Entrepreneurial Game Studio, a team made up mostly of women reflects on their game and the industry they hope to enter.