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Science Center and Drexel University Announce New Collaborative Workspace is Now Accepting Applications


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PHILADELPHIA--(BUSINESS WIRE)--Apr 9, 2014--Philadelphia’s newest shared workspace, the Innovation Center @3401, is accepting applications from tech startups and individuals who need office space and can benefit from a collaborative atmosphere.

Entrepreneurs can participate in the Innovation Center @3401 (ic@3401) through an open membership that offers access to flexible workstations or dedicated office space. Fees include rent, utilities, internet services and amenities such as shared office equipment, conference rooms and kitchen facilities.

Residents in ic@3401’s co-working program will also have access to the University City Science Center’s Quorum programming and activities at Drexel’s ExCITe Center.

Located at 3401 Market Street, ic@3401 is a collaboration between the Science Center and Drexel University. This new program supports innovation, collaboration and business creation. The Innovation Center @3401 builds upon Drexel’s philosophy of cooperative education and cross-disciplinary research, and the Science Center's long and impactful tradition of incubating startups and convening communities around innovation and entrepreneurship.

Residents will join a community bridging the creative minds of academia and industry and tap into the startup and knowledge resources of Drexel University and the Science Center. The Innovation Center @3401 is also home to DreamIt Ventures, a leading technology accelerator for entrepreneurs. Space will also be available for established tech companies and venture funds.

“The Innovation Center @3401 is the latest example of our commitment to collaborative models that enhance Greater Philadelphia’s thriving entrepreneurial ecosystem,” says Science Center President & CEO Stephen S. Tang, Ph.D., MBA. “By giving entrepreneurs access to the brain trust in University City, including Drexel and the Science Center, as well as space and support, we’re piloting a new model for collaborative workspaces. With the involvement of DreamIt Ventures, we’ve got the ingredients for a lively community of entrepreneurs.”

“The Innovation Center is a place for creative and entrepreneurial minds to come together,” said Drexel President John A. Fry. “The center is an outstanding expression of Drexel’s commitment to helping Greater Philadelphia translate its creative capital into regional economic growth, and a great foundation of the Innovation Neighborhood we’re developing in University City.”

The Innovation Center @3401 is scheduled to open in late spring. More information is available at www.sciencecenter.org/programs/ic3401. Prospective residents should contact Kristin Hart at khart@sciencecenter.org.

About the Science Center

The University City Science Center is a dynamic hub for innovation, and entrepreneurship and technology development in the Greater Philadelphia region. It provides business incubation, programming, lab and office facilities, and support services for entrepreneurs, start-ups, and growing and established companies. The Science Center was the first, and remains the largest, urban research park in the United States. Since it was founded in 1963, 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. For more information about the Science Center, go to .

About Drexel University

Drexel is a comprehensive national research university ranked among the top 100 in the nation. With 25,500 students, Drexel is one of America’s 15 largest private universities. The University has built its global reputation on core achievements that include: leadership in experiential learning through its cooperative education program; a history of academic technology firsts; and recognition as a model of best practices in translational research initiatives. Founded in 1891 in Philadelphia, Drexel now engages with students and communities around the world via three Philadelphia campuses and other sites that include Drexel University Sacramento, The Academy of Natural Sciences of Drexel University and international research partnerships in several countries around the globe. Drexel Online is one of the oldest and most successful providers of online degree programs. Drexel is one of Philadelphia’s top 10 employers, and a major engine for economic development in the region. For nearly a decade, Drexel has been ranked in the category of Best National Universities in “America's Best Colleges” by U.S News & World Report. For more information, visit

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CONTACT: University City Science Center

Jeanne Mell

215-966-6029

302-345-8130 (cell)

jmell@sciencecenter.org

or

University City Science Center

Kristen Fitch, 215-966-6156

kfitch@sciencecenter.org

or

Drexel University

Britt Faulstick

215-895-2617

215-796-5161 (cell)

bef29@drexel.edu

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: EDUCATION UNIVERSITY CONTINUING OTHER EDUCATION SMALL BUSINESS PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES RESEARCH OTHER SCIENCE SCIENCE

SOURCE: University City Science Center and Drexel University

Copyright Business Wire 2014

PUB: 04/09/2014 11:20 AM/DISC: 04/09/2014 11:20 AM

http://www.businesswire.com/news/home/20140409006022/en

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