INVESTOR COMPANIES
We want to thank the following sponsor investor firms who have invested their time and resources to sponsor the Mid-Atlantic Capital Conference 2024
Activate Venture Partners
Website: activatevp.com
Address: PA Office: 116 Research Drive, Bethlehem, PA 18015
NY Office: 509 Madison Avenue, Suite 1006, New York, NY 10022
Office Locations: Bethlehem, PA and New York City
Contact: PA Office: Glen Bressner, Managing Partner, glen@activatevp.com, 610-849-1990
NY Office: Todd Pietrim, todd@activatevp.com, 212-223-7400
Stage of Development
Investment Range
Investment focus
Preferred Geographic Locations
Early stage
Initial investments will range from $750k to $3 million depending on the stage of development and capital intensity of the business.
Technology companies
Prefer to invest in companies with easy access to our offices in Pennsylvania and New York City
Ben Franklin Technology Partners of Southeastern PA
Website: sep.benfranklin.org
Address: 4801 South Broad Street, Suite 200, The Navy Yard, Philadelphia, PA 19112
Contact: Jonathon Beschen, Investment Director, Tech Investment Group, jon@sep.benfranklin.org, 215-972-6700 x3061
Sri Sriadibhatla, Ph.D., Investment Director, Healthcare Investment Group, sri@sep.benfranklin.org, 215-972-6700 x3223
Stage of Development
Investment Range
Early stage
Investing up to $1.5 million initially and up to $5 million in the lifetime of companies that have the potential to improve human health
Investment focus........................ Healthcare, Information Technology, Physical Sciences
Preferred Geographic Locations
Best Way to Approach Firm
BioAdvance
Website: bioadvance.com
Located in or with significant business presence in Philadelphia, Bucks, Chester, Delaware, or Montgomery counties
Learn more at https://www.sep.benfranklin.org/join-the-benefits-circle
Address: 170 North Radnor-Chester Road, Suite 350, Radnor, PA 19087
Contact: Marnie McCoy, mmccoy@bioadvance.com, 610-230-0544
Stage of Development
Preferred Industries
Preferred Geographic Locations
Best Way to Approach Firm
Early stage
Therapeutics, Medical Devices, Research Tools, Diagnostics, Health IT
Mid-Atlantic (NYC to DC)
Read FAQs and contact Marnie McCoy at mmccoy@ bioadvance.com for more information.
How Do I Apply for Funding:
Organizations and researchers can forward their documents for funding evaluation at any moment. Please send a nonconfidential executive summary, investor presentation, or business plan to Marnie McCoy, the Director of the BioAdvance Program, at mmccoy@bioadvance.com.
Broad Street Angels
Website: broadstreetangels.com
Address: 140 South Broad Street, Philadelphia, PA 19102
Contact: info@broadstreetangels.com
Stage of Development
Early stage Investment Range
Investment focus
Preferred Industries .....................
$25k up to $1M
BSA’s mission is to make meaningful contributions to the economic vitality of the mid-Atlantic region and limits its investment interests to this regional footprint. Special consideration is given to those companies located in PA, NJ, and DE. BSA is interested in high-growth, team-lead companies with domain expertise and proof of concept and some sales traction.
Our member investor interests are wide-ranging and include but are not limited to: IOT, B to B SaaS, healthcare IT, medical diagnostics and devices, clean energy, social impact triple bottom line, communications, chemical innovations, and more.
Best Way to Approach Firm
Gabriel Investments
Website: gabriel-investments.com
Learn more about the process here. Apply for funding here
Address: 1735 Market Street, Philadelphia PA 19103
Contact: Holly Flanagan, Managing Director, hflanagan@gabriel-investments.com
Stage of Development
Investment Range
Preferred Investment
Preferred Industries
Early stage
Typically leads or collaborates in fundraising rounds ranging from $500k – $2M, with initial investments ranging from $250k – $500k)
Gabriel Investments is open to investing in any industry but prefers business and consumer services sectors where group members have knowledge and can offer value from their expertise. Key industries of interest are direct marketing, software, distribution, communications, and technology, among others.
Business and consumer services such as direct marketing, software, distribution, communications, and technology, among other
Preferred geographic locations Philadelphia and surrounding areas
Best Way to Approach Firm Email
Juno Capital
Website: juno.capital
Address: 1217 Sansom Street, Floor 6, Philadelphia, PA 19107
Based location: Philadelphia
Contact: Dylan Foley, Vice President, dylan@juno.capital, 267-541-7977
Stage of Development
Investment Range .......................
Investment Focus
Angel, Pre/Seed
$10,000 to $250,000
We don’t focus on a particular sector (but have a special soft spot for HR Tech & Future of Work)
Preferred Industries Industry agnostic
Preferred geographic locations ........... Philadelphia and surrounding areas
Best Way to Approach Firm
NewSpring Capital
Website: newspringcapital.com
Submit your pitch deck using the form on our website
Address: 555 East Lancaster Avenue, 3rd Floor, Radnor, PA 19087
Contact: Adam VeVerka, Partner, Business Development, aveverka@newspringcapital.com, 610-567-2380
investment strategies
preferred industries
Best Way to Approach Firm
Osage Venture Partners
Website: osageventurepartners.com
Growth, Mezzanine, Holdings, Franchise, Healthcare
Growth: Business services, enabling technologies, information technology
Mezzanine: Industry-agnostic - Significant experience in business and consumer services, niche manufacturing, distribution, and tech-enabled services
Holdings: Technology and technology-enabled services including, but not limited to, financial services/technology, transportation and logistics, IT/telecom, and business/ government services
Healthcare: Technology-enabled healthcare services, niche clinical providers, specialty pharmaceuticals
To learn more, visit newspringcapital.com
Address: 50 Monument Road, Suite 201, Bala Cynwyd, PA 19004
Contact: Nate Lentz, Managing Partner, nlentz@osagepartners.com, 484-434-2255
Stage of Development
Preferred Industries
Early stage
Investment Range: Invests in post-revenue companies (typically with a revenue run rate of $500k to $3M). 90% of their investments are post revenue Seed or Series A companies.
B2B software, data, and technology-enabled services –they invest in the next generation of SaaS solutions with a non-exclusive focus on the future of work and future of education solutions
Best Way to Approach Firm .............. Email
Rittenhouse Ventures
Website: rittenhouseventures.com
Address: 435 Devon Park Drive, Building 700, Wayne, PA 19087
Based Location: Philadelphia, New York/New Jersey
Contact: Sushma Rajagopalan, Partner, sushma@rittenhouse.vc, 610-504-0628
Stage of Development
Investment Range
Growth/ Series A
$500,000 to $2M in rounds of $4-$5M
Industry Focus “SaaS”, AI and “deep tech”
Preferred Industries ..................... Enterprise, Health, Education, HR, Fin
Best Way to Approach Firm .............. Send investor presentation to bizplans@rittenhouse.vc
Robin Hood Ventures
Website: robinhoodventures.com
Address: 2526 Naudain Street, Philadelphia, PA 19146
Contact: Ellen Weber, Executive Director, eweber@robinhoodventures.com, 215-839-6256
Stage of Development ................... Early stage
Investment Range
$250k to $500k
Preferred Industries
Preferred Geographic Locations
Best Way to Approach Firm
SRI Capital
Website: sricapital.com
Line of business that matches area of expertise of their members
Three-hour drive of Philadelphia
To apply for funding, please follow the steps as indicated on their page https://www.robinhoodventures.com/entrepreneurs/
Address: 1735 Market Street, Suite A 426, Philadelphia, PA 19103
Based Location: Philadelphia and Hyderabad, India
Contact: Doc Parghi, Partner, doc@sricapital.com, 609-505-2579
Stage of Development ................... Seed
Investment Range
Investment Focus
$500k to $3M
The “as a service” economy and “deep tech”
Preferred Industries Enterprise, Consumer, and Health/Biotechnology
Best Way to Approach Firm
Send investor presentations to funding@sricapital.com
COMMUNITY & MEDIA PARTNER ORGANIZATIONS
We want to thank the following PACT Community & Media Partner Organizations for their help in promoting the Mid-Atlantic Capital Conference 2024 . Thank you for all your support.
Be Group
Website: begroupconnects.com
Contact: Staci B. Epstein, Founder & President Staci@BeGroupConnects.com 215-600-1644
Be Group is a talent-placement firm that specializes in identifying permanent and contingent resources of highly qualified sales, marketing-and-communications, and learning and development professionals. We provide these services to leading organizations across virtually every line of business.
BioBuzz
Website: biobuzz.io
Address: 101 W. Dickman Street, Baltimore, MD, 21230
Contact: Cat Thoreson cat@biobuzz.io 410-297-0990
BioBuzz Media, a division of Workforce Genetics, LLC, is the go-to community platform for biotech industry professionals and job seekers looking to plug into regional biotech communities and achieve fulfilling careers with leading employers. We create experiences through content, events, and media that meet our audience where they are and enable them to learn about the employers, companies and individuals driving biohealth innovation forward in their regional markets.
Broadpath
Website: broadpathpr.com
Address: 129 Sawkill Avenue, Milford, PA 18337
Contact: Gretchen Roede, President and CEO groede@broadpathpr.com 267-608-1200
Strategic communications for competitive technology markets. Broadpath turns business insight, public relations and content marketing into communications programs that move companies ahead
Chamber of Commerce for Greater Philadelphia
Website: chamberphl.com
Address: 200 S Broad Street, Suite 700, Philadelphia, PA 19102
Contact: 215-545-1234
For over 220 years, the Chamber has brought area businesses and civic leaders together to promote growth and create opportunity in our region. Discover more about our history.
Drexel University – Charles D. Close SCHOOL OF ENTREPRENEURSHIP
Website: drexel.edu/close
Address: 3230 Market Street, Philadelphia, PA 19104
Contact: Charles Sacco, Vice Dean, Educational Affairs cns322@drexel.edu 215-895-2527
As a dedicated school of entrepreneurship, we teach an entrepreneurial mindset and practice through experiential methods, excellent teaching, thought leadership and creative programming - thus igniting students’ careers and personal aspirations. We push our students to start something, to fail, and to start over again. As we coach them through this process, our mission is to foster an entrepreneurial mindset together with acquiring the skill set inherent to the entrepreneurial process.
DroomDroom
Website: DroomDroom.com
Address: 447 Broadway, 2nd Floor, Suite #1953, New York, New York 10013
DroomDroom dedicates thousands of hours of research into the web3 industry to deliver you free, world-class, and accurate content.
Founding Philly
Website: foundingphilly.com
Contact: Zach Brand zach@foundingphilly.com
Dive into the stories behind Philly’s most exciting startups. Founding Philly connects with those who are fueling the innovation in Philly’s startup scene. Hear their journeys – on the Founding Philly podcast. Episodes at: https://www.foundingphilly.com/episodes/
Mid-Atlantic - Eurasia Business Council
Website: ma-rbc.org
Address: 1600 Market Street, Suite 1320, Philadelphia, PA 19103
Contact: Val Kogan, President val@ma-rbc.org
484-467-7444
The mission of the Mid-Atlantic - Eurasia Business Council (MAEBC/MARBC) is to enhance the position of U.S. Mid-Atlantic-based companies in Eurasia while attracting Eurasian businesses to the Mid-Atlantic region..
The Mid-Atlantic - Eurasia Business Council works to foster business relations between Eurasia and the Mid-Atlantic region while cultivating contacts and cooperation among political, economic, cultural and educational interests.
New Jersey Technology Council
Website: njtc.org
Contact: Dan Sullivan info@njtc.org 732-456-5700
The New Jersey Tech Council provides business development, education, networking and recognition opportunities as well as advocacy for the state and region’s technology businesses. By collectively representing tech, life science and tech-related companies and organizations as well as the professional firms that support them, the Tech Council has the unique ability to: offer opportunities to learn, network and grow; recognize and promote member companies and their leadership; nurture the tech and STEM talent pipeline critical to growth; provide access to financing sources and additional resources; and advocate and support public policy which strengthens our ecosystem. Our goal is to help you, your business and the ecosystem grow.
Office of the Dean for Research | PRINCETON UNIVERSITY
Website: research.princeton.edu
Address: New South Building, 5th Floor, Princeton, NJ 08544
Contact: odfr@princeton.edu 609-258-5500
We support Princeton’s world-class research by helping faculty, staff and students connect with external and internal resources to create new knowledge, make new discoveries, and address scientific and technical challenges.
Philadelphia Business Journal
Website: bizjournals.com/philadelphia
Address: 400 Market Street, Suite 1200, Philadelphia, PA 19106
Contact: philadelphia@bizjournals.com 215-238-1450
Philadelphia Business Journal is a weekly paper and daily Web site providing local business news to Southeastern Pennsylvania and South Jersey.
Daily online news updates, publisher announcements, and industry-vertical newsletters are free to readers. Subscribers have access to their print, online or digital editions as well as archives and news from their 40 sister papers around the country. Subscribers also receive the annual Book of Lists, a directory of local businesses containing more than 4,500 contacts.
Philadelphia Business Journal hosts many networking and awards events that honor successful executives and companies in the region such as their 40 Under 40 banquet and Minority Business Awards. They were recognized for general excellence by the Society of American Business Editors and Writers in 2009 and 2005
They were one of only 14 publications nationwide to receive the association’s inaugural “Best of the Best” award in 2009. In addition, they were named Newspaper of the Year by the Pennsylvania Newspaper Foundation in 2008 and 2006.
They are a division of American City Business Journals, the country’s largest publisher of business publications. It is owned by Advance Publications, a private publishing company that also owns Condé Nast magazines and Newhouse Newspapers.
Philly Startup Leaders
Website: phillystartupleaders.org
Contact: Isabella Kent isabelle@phillystartupleaders.org
Philly Startup Leaders oversees the largest startup ecosystem for emerging entrepreneurs. Our mission is to help current and future founders succeed in Philadelphia and beyond. PSL hosts a suite of events and educational programming that facilitate innovation, growth, and resourcesharing in the startup community. From entrepreneurship workshops to the largest tech showcase in the city - we’ve got something for everyone. Learn more about this community resource at phillystartupleaders.org.
Savvy Investors
Website: savvyinvestor.net
Our mission is simple - to be the world’s leading platform for the distribution of white papers and thought leadership to institutional investors. By aggregating content from around the industry in a single location, Savvy Investor enables its 50,000 members to work smarter.
We scour the internet, so you don’t have to. Every day, our team of experienced asset management professionals curates the latest and best industry thought-leadership, from over 200 organisations, categorising, tagging and rating each paper, making it easy for you to find the best research on any given topic.
TECNA
Website: tecna.org
Address: 438 Division Street, Sewickley, PA 15143
Contact: 412-545-3493
TECNA represents approximately 60 IT and Technology trade organizations that, in turn, represent more than 22,000 technology-related companies in North America.
We empower regional technology organizations and serve as their collective voice in growing the North American technology economy.
We strive to deliver valuable services to member organizations fostering collaboration, innovation, and the exchange of ideas.
Technical.ly Philly
Website: technical.ly/philly
Technical.ly is a news organization that serves a community of technology professionals, including entrepreneurs, technologists and their supporters.
We help innovative professionals navigate their careers with our independent newsroom, events and services. We tell stories of work and economies in change — and how your company fits — by reporting in Philadelphia, Washington, D.C. Baltimore, Delaware, Pittsburgh and other cities. Our audience is made of technologists, entrepreneurs and other company builders, especially HR and people operations professionals. We write not just about our communities but for our communities, helping even the most senior professional advance and grow.
The Enterprise Center
Website: theenterprisecenter.com
Address: 4548 Market St, Philadelphia, PA 19139
Contact: info@theenterprisecenter.com
215-895-4000
For more than three decades, The Enterprise Center has promoted racial and economic equity by supporting the growth of diverse small businesses and partnering with West Philadelphia communities on revitalization strategies. As a trusted mediator, they bring together businesses, communities, partners, and resource providers with the shared goal of equal opportunity and prosperity for all.
They invest in people and projects in the belief that everyone should have the opportunity to own and build wealth for themselves, their families, and their communities.
As a 501c(3), their mission is to cultivate and invest in minority entrepreneurs to inspire working together for economic growth in communities. They focus our work in the Mid-Atlantic region, with offices in Pennsylvania and New Jersey.
Witty Gritty
Website: wittygritty.com
Address: Maken Studios North 3525 I St., Suite #316, Philadelphia, PA 19134
Witty Gritty creates purpose-driven experiences. They showcase, engage, and connect their clients through engagement and experiences. Using creativity and connection to ignite change, Witty Gritty breaks down barriers to develop authentic and meaningful collaborations. They believe civic engagement is the key to equitable and stronger communities and neighborhoods.
People first and neighborhood-focused. They take extra care in our outreach approach, using tools both online and offline to reach audiences and communities, meeting them where they are at. They create opportunities and experiences to bring communities together and strive to connect people with resources and each other.
REGIONAL STATE ECONOMIC DEVELOPMENT OFFICES
PACT would like to thank the following Regional State Economic Development Offices for their support in promoting the Mid-Atlantic Capital Conference 2024 . Thank you for all your support.
Delaware:
The Delaware Division of Small Business, STATE OF DELAWARE business.delaware.gov
The Delaware Division of Small Business, part of the Delaware Department of State, is a service-focused agency committed to supporting businesses starting and growing in Delaware. Small businesses can reach out to the resource and advice to succeed.
Through its mission, Delaware Division of Small Business offers many programs to assist businesses of all sizes throughout the lifecycle of the company.
Whether you are a would-be entrepreneur with just the seed of an idea or an experienced business owner looking to expand, our team of Regional Business Managers can provide you one-on-one assistance and counseling to help you succeed.
The Regional Business Managers have decades of experience and can assist with a variety of needs including:
• Navigating government processes by being the liaison for you and state agencies
• Connecting with resource organizations
• Assessing capital by helping you connect with funding opportunities.
Incentive Programs
Whatever size your business, whatever industry, whatever development stage, the state of Delaware may have an incentive or tax credit that can help starting businesses secure new capital or keep more revenue. Learn more below about the state’s various programs to grow the state’s economy through helping companies:
• Delaware Strategic Fund is the Division’s primary funding source to support business retention and expansion through grants and low-interest loans to projects that grow the state’s economy in a significant way. Learn more about program requirements here in the Strategic Fund Fact Sheet.
• EDGE Grants provide matching grants to young Delaware small businesses through on-going rounds of a competitive selection process. STEM-based companies can receive up to $100,000 for eligible expenses, and other businesses can get up to $50,000.
• Delaware Strategic Funds to support business retention and expansion through grants and low interest loans.
• Delaware State Small Business Credit Initiative Participation Loan is aimed at providing access to capital for small and early-stage businesses, particularly those in underserved areas.
• Modernization Investment Support Initiative (MISI) To provide grant funds to qualified businesses that face regional, national, or global competitive forces that could disrupt or negatively affect local operations (employment and activity) unless investments are made that can update or ‘modernize’ the Delaware location. View the Fact Sheet here
• Delaware Technical Innovation Program offers transition grants for companies that have completed Phase I and applied for Phase II of the federal Small Business Innovation Research or Small Business Technology Transfer programs as they work to bring new products to market. Learn more in this Fact Sheet
• Tax-Exempt Bond Financing allows the Division to act as the conduit issuer on bond for tax-exempt, non-profit organizations. (click the link to access current TEFRA notices)
• Graduated Lab Space Funding The Delaware Graduated Lab Space Incentive Program is designed to support existing companies and attract new companies requiring lab space. View the Fact Sheet
• Brownfield Assistance Program offers matching grants to property owners and developers to encourage redevelopment of environmentally stressed sites.*
• Workforce Training Grant is a matching program that funds specialized training for companies of up to $100,000 per project.
• Transportation Infrastructure Investment Fund (TIIF) grants are available to new or expanding job-generating businesses in the state to help offset their transportation improvement costs. Grant funds are disbursed as reimbursement for completed transportation infrastructure work.
Click here for more information on applying for an incentive.
NEW JERSEY:
New Jersey Economic Development Authority, STATE OF NEW JERSEY njeda.gov
The New Jersey Economic Development Authority (NJEDA) serves as the State’s principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey’s long-term economic competitiveness.
Financing and Incentives provides a broad portfolio of economic development tools such as: jobs-based tax credits, real estate and development tax credits, community development programs, main street technical assistance, innovation economy programs, clean energy programs, and low-interest business financing (including bonds, loan participations, loan guarantees and variable/fixed-rate loans). For a full list, please visit: njeda.gov/financing-and-incentives
Strategic Sector Support
NJEDA’s Strategic Sector efforts aim to accelerate the growth of New Jersey’s economy by developing and implementing programs that enhance the State’s long-term economic competitiveness in eight strategic sectors.
NJEDA Innovation Economy Program opportunities include (but are not limited to):
• Angel Investor Tax Credit
• Edison Innovation Fund
• Clean Tech Seed Grant Program
• Venture Fund Investments
• Round 2 Clean Tech R&D Voucher Program
• Catalyst R&D Voucher Program
• NJ Accelerate
• NJ Founders & Funders
• NJ Ignite
• NJ Innovation Evergreen Fund
• Technology Business Tax Certificate Transfer Program
For more information visit njeda.gov
Pennsylvania:
Agriculture Technology Innovation Partnership (ATIP) atipfoundation.com
The ATIP Foundation’s purpose is to serve as a catalyst for the adoption and commercialization of USDA research outcomes. The Foundation supports a strategic approach to the formation of collaborative partnerships, facilitating and enabling the integration of industry, academic, and government research and discovery with venture capital and talent & know how.
Ben Franklin Technology Partners of Southeastern PA sep.benfranklin.org
For nearly 40 years, Ben Franklin Technology Partners has provided both early-stage, technology-based firms and established manufacturers with funding, business and technical expertise, and access to a network of innovative, expert resources.
Idea Foundry ideafoundry.org
Founded in 2002, Idea Foundry is a Pittsburgh-based global investor focused on social impact. With over 250 companies and projects in our portfolio that have generated over $1B in direct economic impact. Idea Foundry has always been a pioneer, from hands-on business development and technology transfer to economic connections between Pittsburgh and the world.
Innovation Partnership (IPart) innovationpartnership.net
IPart is a consortium of economic development, business assistance, and higher education organizations located throughout Pennsylvania. Their goal is to help early-stage technology companies win federal funding opportunities to commercialize their innovations. IPart helps Pennsylvania-based small businesses get through the pre-proposal and proposal stage with expertise, microfunding and support so they can land the funding they need to grow and commercialize their technology-focused innovations.
Pennsylvania Angel Network paangelnetwork.com
PAN Provides resources and support to its member angel groups and the angel community throughout PA and surrounding areas. PAN actively fosters an open eco-system through best practices, collaboration and networking, among other initiatives, which therefore enriches the ability for its members and partners to fund seed and early stage companies.
Pennsylvania Business One-Stop Shop business.pa.gov
Serving as the first point of contact for Pennsylvania business development concerns, the Pennsylvania Business One-Stop Shop connects and guides businesses through all stages of development — from planning and startup to operating and expanding.
Pennsylvania Resources for Economic Development – Commonwealth of PA dced.pa.gov
The Department of Community and Economic Development’s mission is to encourage the shared prosperity of all Pennsylvanians by supporting good stewardship and sustainable development initiatives across our commonwealth. With a keen eye toward diversity and inclusiveness, we act as advisors and advocates, providing strategic technical assistance, training, and financial resources to help our communities and industries flourish.
Programs and Funding
If you’re seeking funding for a business expansion, a community project or site revitalization in Pennsylvania, DCED offers a variety of programs to help. See the full list at dced.pa.gov/program
Research & Development (R&D) Tax Credit
Allows companies holding qualifying Research and Development Tax Credits to apply for approval to sell those tax credits and assign them to the buyer(s). Learn more at dced.pa.gov/rd
Small Business Development Centers
pasbdc.org
The Pennsylvania SBDC provides consulting services and business training to entrepreneurs looking to start or grow their small business. SBDC consultants work with entrepreneurs in confidential, one-onone sessions to help them with a range of business issues including testing a new business proposition, shaping a business plan, investigating funding opportunities, and much more.
