CEO Message - Science Center

This year—my first year as CEO of the Science Center—also happens to be the 45th Anniversary of our founding. I was drawn to this organization and am proud to lead it today precisely because of its extraordinary heritage of uncovering, nurturing and offering a home to some of the most unique new companies to come out of our region.

Over the long history of the Science Center, our dynamic organization has proven itself to be a major asset to our region, having helped nurture venture that today collectively employ over 29,000 people with annual revenues of over eight billion dollars.

And we’re only getting started. In May of 2008, we officially brought on board 11 aspiring technology firms sponsored by DreamIt Ventures, a pre-seed venture firm that is providing selected start-up companies pre-seed funding, operational and strategic guidance.

We’re also hard at work expanding and improving our research parks. Implementation of our $600 million Real Estate Master Plan is in full swing with the pending opening of our newest building at 3711 Market Street. This new 155,000 square foot facility, with 10,000 square feet of wet lab and offi ce space dedicated to global life science and technology companies, complements the existing 46,000 square feet of life science lab, business incubator, and office space on the campus today.

As we move forward, we will continue to focus on developing and reinforcing relationships with our academic shareholder partners, industry, government, entrepreneurs, educational outreach organizations, and a host of other stakeholders that can complement the efforts of the Science Center and our resident companies.

Above all, we look forward to continuing our role of helping shape the future of Greater Philadelphia.

Stephen S. Tang,

Ph.D President and CEO, University City Science Center