Philadelphia tech boosters are making the most of Vanguard Group’s Innovation Studio, the outpost at 2300 Chestnut St. where the Malvern-based investment giant hopes in time to base up to 100 tough-to-recruit software pros for projects, so they can skip the daily Paoli-Thorndale line to the suburbs.
“Vanguard’s decision to locate their Innovation Lab in Philadelphia is further evidence that our efforts to support an innovation ecosystem are having an impact,” Craig Carnaroli, a University of Pennsylvania executive vice president and an invited guest, told me after Vanguard opened the site Monday. He’s hoping proximity will lead to collaboration among Penn and Vanguard people.
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