Archive for May, 2008

An Entrepreneur Girlfriends FABULOUS Night Out

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Thursday, June 26, 2008

6pm - 8pm

Girlfriends
3502 Scotts Lane, Bldg #16
Philadelphia PA 19129

You are a smart, savvy woman who believes she can have it all and is willing to do what it takes to get it. Here’s your chance to meet other women who love to get together to talk about business and success.

In addition to networking, this upscale experience will include signature cocktails and incredible hors d’oeuvres. You will also have your choice of a luxurious chair massage or a funtastic belly dance class. You don’t want to miss this event.

Cost:
$50 for Gold level members of the Wealth Success & Women VIP Girls Club
$60 for non-members

Register online before June 18, 2008
thanks Always Fabulous Events for the heads up.

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.

Phoodiepreneurs: Being a Jerk has never been so Good.

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If you have ever tried to buy a Franklin Mint Sundae on any given evening between Memorial Day and Labor Day you have a good idea of how ridiculously popular the Phoodiepreneurs of Franklin Fountain ice cream parlor have become since opening their doors in 2004. By the length of the line wrapping around the Old City block you’d think they had pioneered the process for infusing crack into their ice cream. But seriously, I think there’s crack in it. To add to the great tasting treats, The Franklin Fountain has brought back the almost extinct style of the old school Soda Jerk, an old-as-new move that has paid off big time. Word has spread and now it’s not just blog writers whose office is around the corner that are giving The Fountain well deserved praise:

The Franklin Fountain made the front cover of Frozen Dessert Magazine with a great article and lots of color photographs. See the article @ www.frozendessertmagazine.com. An article in gourmand magazine SAVEUR featured the Fountain as one of the top ice cream spots in the North, with Jenkins, Max and Ryan were photographed eating their favorite flavors.” - from The Franklin Fountain’s blog The Scoop

Check out their full menu and get in line now!

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.

Scratching Septa’s Itch: interview with iSepta.org

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Have an itch? Scratch it. This is the commonsense logic that fuels innovators and entrepreneurs. For example, let’s say a regional public transit system failed to create simple and easy-to-use schedules for navigating their system. When a true entrepreneur experiences the lacking system it would get under their skin until that had no choice but to scratch it like mad. That’s exactly what happened when Randy Schmidt got frustrated with the ridiculously complicated schedules that Septa provides for Regional Rails and created his own mobile app called iSepta.org. To hear Randy talk about the need to scratch that initial itch, how he would love to work with Septa to make transit better and what the future holds for Umlatte, his web dev start up, click on the play button above.

mp3

Highlights:
iSepta had gotten 30,000 hits in a week with 5,000 trips planned
iSepta wasn’t even a thought until March 28th (that’s March 28th, 2008)
iSepta is hoping to work with Septa to make the whole transit system more user friendly
Umlatte, Randy’s web dev startup, has some more tricks up it’s sleeves that are ’secret’ for now.

Read more about Randy and iSepta . . .
on Phillyist
on The Unofficial Apple Weblog
on Philebrity

Follow iSepta on Twitter: @isepta

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.

City Paper - Why doesn’t microfinancing work in Philly?

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“PDP is the city’s sole provider of microloans, a concept pioneered by Nobel Peace Prize winner Muhammad Yunus. Yunus’ Grameen Bank, founded in 1976, has loaned about $6.5 billion in U.S. dollars to some of the world’s poorest people, and boasts a repayment rate of 98 percent (your bank’s rate is closer to 70).

This success has turned conventional wisdom about banking on its head — it was once believed that people in poverty couldn’t be given loans — and has made people think hard about the meaning of charity. Yunus believes that a loan provides the borrower with more than money: By successfully paying one off, a borrower gains not only capital and improved credit, but pride, strength and confidence in her abilities. It also makes the lending program self-sustaining: The Grameen Bank hasn’t accepted donor money since 1995.

And yet, PDP, which was founded in 1989, hasn’t embraced the Grameen model — only 20 percent of the nonprofit’s clients end up choosing to take a loan. Instead, PDP invests in development services — technical assistance, computer space, accounting, — which it provided to 400 clients last year. And it is almost completely reliant on donors. It’s a classic charity.”

Read the whole City Paper article “Lost in Translation” by James Beale

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.

Phillypreneur wins award for connecting Israel and Philly

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Warren V. Musser, chairman and CEO/the Musser Group of Wayne, Pa., received the Yitzhak Rabin Public Service Award from the America-Israel Chamber of Commerce

“My whole life is entrepreneurship, so I’m pleased to be associated with a country that is all about entrepreneurship and survives because of entrepreneurship,” he said at the event. “I feel that the ideas that come out of Israel, because of its creativity, and that are brought to the Philadelphia region through AICC, are marvelous opportunities for U.S. businesses of all sizes, including several of our companies that have taken advantage of those opportunities.

“I think of Israel coming to us as a business opportunity more than 50 years ago, with its resilient, determined, resourceful people. That’s what Israel had then and still has today,”

Named for Israel’s peace-pursuing prime minister, assassinated in Tel Aviv on Nov. 4, 1995, the annual award is given to a Philadelphia-area business leader recognized for having worked tirelessly and well in the spirit of peaceful cooperation to advance business interests in Israel and the Delaware Valley.

Read the whole story on Jewish Exponent

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.

Student’s ‘Hot Dot’ technology wins Wharton Business Plan Competition

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After competing in a grueling seven month three phase elimination process against hundreds of other start up hopefuls, two Wharton Grad students, Irene Susantio and Brian Smith, took the top prize of $20,000 and donated professional services (lawyers, business development consultants, marketing, etc) for their proposed company Soloxia.

“Solixia’s HotDot nanoparticle–an unimaginably small cluster of radioactive atoms–would allow pinpoint delivery of radioactivity to tumors . . . Solixia’s first imaging agents would help oncologists treat breast and ovarian tumors, but the underlying HotDot technology could apply to a host of cancers. And its radioactivity could be detected via existing equipment like CT scanners, making it relatively easy to introduce to the market.” - via Forbes

More about the top winners from this year’s Wharton Business Plan competition:

Grand Prize: Solixia
Team Leader: Irene Susantio
Team Member: Brian Smith
Industry: Life Sciences/Biotech
Solixia is an early stage radiopharmaceutial company developing products that allow doctors to target radiation specifically to solid tumors. Our portfolio of product candidates include SLX-1016, a breast cancer imaging agent, and SLX-804, a treatment for ovarian cancer.

2nd Prize: Gloeckner & People’s Choice Awards
Innova Materials
Team Leader: Michael Young
Team Members: Priyanka Agarwal, Alex Mittal, Calvin Peng, Sasha Seletsky, Arjun Sriniva
Industries: Manufacturing, Other
Innova Materials is a surface modification technology company that provides a simple and easily-adoptable process to functionalize plastic and rubber surfaces. This post-manufacturing spray process, called InnlayTM embeds active particles into nearly any plastic or rubber, creating durable and functional product surfaces. Applications include anti-microbial surfaces, biosensors, and RFID tags.

3rd Prize: Proteza
Team Leader: Chrysta Irolla
Industry: Life Sciences/Biotech
Proteza develops the SmartSock, a prosthetic accessory that is worn on the residual limb of a transtibial (below-knee) amputee. This prosthetic sock contains technology that alleviates discomfort and prevents the skin breakdown commonly referred to as a pressure sores. SmartSock is made of a sweat-wicking material and has a pressure relieving system.

With this annual influx of visionary, motivated and well connected entrepreneurs over the river in University City, the most important question for us is ‘How do we get them to stay in Philly?’. As a city can we offer companies like Solixiz, Innovia Materials and Proteza free office space, funding or even tax exemption to keep them from escaping to greener pastures? Is it too much to hope the Nutter administration would redirect some of that Innovation Philadelphia money in their direction?

ATTENTION PHILLYPRENEURS
Any start-up-wanna-be can submit a business plan to the Wharton Business Plan Competition, you only have to designate a team leader, who must be a degree-candidate student at the University of Pennsylvania. With $75,000 in cash and prizes, entrepreneurial resources as well as access some serious VC’s it’s worth recruiting a promising U Penn student to your team.

More about the prestigious Wharton Business Plan competition here

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.

Funding deprived Innovation Philadelphia gives $150,000 to local start ups DreamIt and Brown

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Just two weeks after Philadelphia City Council held an open hearing on the Creative Economy at City Hall, Innovation Philadelphia awarded $150,000 through it’s Creative Economy Investment Fund to two Philly start ups; DreamIt Ventures($100,000) and Brown Partners($50,000).

According to IP’s press release, DreamIt and Brown won because they “were a for-profit creative industry business; facilitate or enhance the growth of the Greater Philadelphia Region’s Creative Economy; [are] headquartered or have important operations and jobs in the Greater Philadelphia Region; [are] a privately held company; generate new jobs and increase tax revenue; add value to Innovation Philadelphia’s investment portfolio; and have a strong management team and business plan where success is achievable.”

Since the unveiling of Mayor Nutter’s budget in February and the noticeable absence of funding from the city for the non-profit economic development organization, IP has been working to make it’s case for renewed funding. After attending the Creative Economy hearing at the beginning of the month Mike Armstrong, the Inquirer’s business columnist and PhillyInc blogger, observed “the event struck me as an effort by the city-funded Innovation Philadelphia organization to make a case for why the Nutter administration should provide funding for it.” Whether it was planned or mere coincidence, the timing of the Creative Economy Investment Fund Awards in conjunction with the recent Creative Economy City Council hearing works to Innovation Philadelphia’s advantage in continuing their case with the Nutter administration.

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.

Want to meet the youngest Phillypreneurs? Don’t miss the First Annual Citywide Youth Business Plan Competition at Temple Univ.

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Students from Philadelphia and Camden, N.J., public high schools will flex their entrepreneurial muscles at The National Foundation for Teaching Entrepreneurship (NFTE) Philadelphia’s First Annual Citywide Youth Business Plan Competition, to be held May 29 at the Temple University Student Center, from 3 p.m. to 5 p.m. Over the past year, nearly 500 students from eight NFTE partner schools have learned basic business concepts and developed business plans. Now one competitor from each NFTE partner school is eligible to present their business plan before a panel of seven judges. The student who delivers the best business pitch will win a laptop and a $1,500 venture capital grant; and the top two winners will move on to compete in NFTE’s National Business Plan Competition in New York City this fall.

Each student will have eight minutes to present their original business plan to a panel of seven judges. The judges will then ask each student a series of questions about their plan during a five minute session. Serving as judges are Judy Spires, CEO of Acme; Melinda Emerson, President of Quintessence Multimedia; Regine Metellus, CFO and VP of Operations of the Urban League of Philadelphia; Tara Weiner, Managing Partner of Deloitte Philadelphia; Terry Hicks, Vice President of Ben Franklin Technology Partners Investment Group; Kimberle Levin, President & CEO of Teknuko; and Kenyon Hayward, CEO of Redlasso. In addition, Pat Croce, author, entrepreneur and former president of the Philadelphia 76ers is also participating by awarding the grand prize winner a business coaching session at his/her school. Best Student Business Plan Wins $1,500 and Chance to Compete at National Level.

For more info or questions please contact Lori Perlow, Philadelphia Program Director (Lori.Perlow@NFTE.com)

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.

Discover how Philly’s own XLNTads could change online video advertising forever

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The concept is so simple it’s almost a no-brainer: Connect the big brand dollars of major companies like Budweiser with the best and brightest of the creative and cost effective independent film/video community. For the web 2.0 savvy, XLNTads is to online video what Threadless is to T-shirts. The quality of the submissions are surprisingly good and have a definite Indy edge to them that typically do really well online. See for yourself: XLNTads Bud Light Submission(be patient, the third party Brightcove player takes a couple seconds to load the first time)

XLNTads in their own words:

XLNTads connects brands with the exciting emerging voices of the video generation. Our platform allows independent creative talent to collaborate with major consumer brands. The result: opportunities for a new generation of videographers and ads for a new generation of consumers - authentic ads capable of breaking through the clutter, contrivance and cynicism that pervades traditional media.

I had the pleasure of chatting with Mark Schoneveld, Community Manager of XLNTads.com, and asked him a couple questions about this young Philadelphia company.

With the proliferation of cheaper video technology, the emergence of more and more independent video talent and the seemingly universal obsession with the elusive ‘Viral Video’, XLNTads has positioned itself into a potentially lucrative niche, and it’s not alone. With Atlanta based Vitrue and the Italian company Zoopa, XLNTads is taking the modern reality of “quantity equals affordable quality” to it’s next logical step; video advertising. Offer up a generous prize and collect large quantities of videos to find that nugget of gold, i.e. that viral video that spreads like wild fire (hopefully) over the endless connection points of the web. The brilliant part for advertisers is that for the price of one prize you get ten to twenty videos, all carrying your brand and message to every nook and cranny of online video sites.

The real challenge for this young company is having to simultaneously attract the creative community that will produce the ads while courting the companies that will foot the prize money, resources and subject matter for the videos. For XLNTads to be a huge success they need to build a solid and devoted community of independent film/video talent and a track record for massive amounts of impressions to attract the big brands.

In the end, if they can keep both of these very different groups happy and coming back for more, there is potential to cause a serious paradigm shift in the way companies approach online video. Here’s to the success of our fellow Phillypreneurs XLNTads!

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.

Phillypreneurs is now using Utterz

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In the pursuit of bringing you the latest and greatest on entrepreneurs in Philadelphia, we’ve just set up an Utterz.com account. Why did we do that? Utterz.com is a unique publishing tool that will allow us to post audio content (most likely interviews) to Phillypreneurs.com via any mobile phone. That means the next time were at a meet and greet or just having coffee and we stumble across a something you would like to see we don’t have to wait to get back to our laptops to share it with you. Basically: more information faster!

Mobile post sent by davespeers using Utterz. Replies. mp3

david Dave Speers is an online marketing consultant and blogger that has worked with a wide variety of Philadelphia Start-Ups . Dave spends most his time annoying really smart people at Indy Hall co-working collaborative.