Secretary Davin Continues ‘Jobs That Pay’ Tour at NextFab and Discusses Governor Wolf’s Commitment to Advancing Technology and Innovation in Pennsylvania
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin continued the ‘Jobs that Pay’ tour at NextFab, a Philadelphia makerspace and tech startup incubator, to highlight Governor Tom Wolf’s commitment to promoting entrepreneurship in the technology sector, advancing innovation, and creating a technology-ready workforce in Pennsylvania.
“NextFab is a perfect example of the kind of innovation that we’re seeing more and more of every day here in Pennsylvania,” Secretary Davin said. “NextFab shares the same philosophy about growing technology in Philadelphia as Governor Wolf does for Pennsylvania – that when you provide the resources that tech entrepreneurs need to grow and thrive, you’re creating jobs, you’re building the community, and you’re pushing the commonwealth’s technology sector forward.”
Secretary Davin highlighted Governor Wolf’s initiatives to help the technology sector flourish in Pennsylvania. Such initiatives include the Ben Franklin Technology Partners of Southeastern Pennsylvania, one of the four Ben Franklin Technology Partners (BFTPs) funded by the Ben Franklin Technology Development Authority (BFTDA). The BFTPs invest capital, business expertise, and other resources into high-potential companies with the greatest likelihood for regional economic impact for the purpose of creating and retaining tech jobs in Pennsylvania.
The Ben Franklin Technology Partners of Southeastern Pennsylvania has been an important partner for NextFab in a number of ways, including funding several startups housed within NextFab. NextFab has also developed a FabNet grant with the help of the Ben Franklin Technology Partners of Southeastern Pennsylvania and other partner organizations. The grant helps interested startups secure a small amount of funding to speed up rapid prototyping, typically completed at NextFab.
“In the last several years, Philadelphia and the state of Pennsylvania have worked hard to bring technology-based businesses and advanced manufacturing to the region, so we’re thrilled to have Secretary Davin visit NextFab,” said Laate Olukotun, director of marketing at NextFab. “We believe that NextFab is here to play an important role in this growth, too. Our incredible blend of startups, entrepreneurs, enthusiasts, and artisans represent a powerful example of the kind of activity that we believe can happen statewide. Secretary Davin’s visit is a wonderful chance to show the state how we’re moving in the right direction.”
Recognized internationally as a model for technology-based economic development, the BFTDA ensures that the variety of technology-based economic development organizations and initiatives across the commonwealth work collaboratively to fully leverage the wealth of research, capital sources and support services available to build a comprehensive infrastructure that supports company growth.
Michael Gerber, DCED, 717.783.1132