Philadelphia, PA (PRWEB) October 16, 2014
The University City Science Center has received a $1 million grant from the U.S. Economic Development Administration (EDA) for Phase 1 Ventures, a new multi-institutional commercialization program.
Operating as an accelerator for the launch and growth of new companies, Phase 1 Ventures offers a comprehensive turn-key approach to effectively and efficiently test business feasibility. Phase 1 Ventures will identify promising technologies that have moved beyond the initial technical proof-of-concept stage, provide management and other project development resources, and facilitate funding to get the enterprise up and running.
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