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Article: The Science Center Unveils Bold New Strategic Direction; New Strategic Plan Will Create $1 Billion New Market Value by 2010 Through Proactive Creation of New Companies, Establishment of $10 Million Investment Fund, and a Suite of Management Services for Life Science and Technology Startups.
- Article from:
- PR Newswire
- Article date:
- January 19, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PHILADELPHIA, Jan. 19 /PRNewswire/ -- Today the University City Science Center unveiled a bold new mission to become the preeminent commercialization engine for science and technology companies in the Greater Philadelphia region. This new plan, which strategically shifts the Science Center's historic emphasis from business "incubation" to business "cultivation," is designed to enable the Science Center to commercialize 40 new Philadelphia- based life science and high-tech companies with a market value of $1 billion by 2010, and 60 new companies worth $3.3 billion by 2015.
Transforming the Science Center into a world-class commercialization engine will have ...