incubate

Global Soft Landing

Innovation without boarders

OVERVIEW

 

Considering an expansion to the US market? Philadelphia is the place to be. The city boasts a vibrant startup community with access to a diversely talented workforce and connections to institutions of higher education.

 

At the epicenter of it all is the Science Center. With programming designed to fit your needs, the Science Center can help international companies establish a foothold in the US market.

 

Our Global Soft Landing Programs enable companies to form meaningful relationships with stakeholders, and establish a presence in the life sciences and technology markets in and outside of the US.

US Market Exploration Bootcamp

 

US Market Exploration Boot Camp is offered in one-week sessions during which founders and CEOs produce a custom plan for expansion. The Boot Camp targets companies with proven market traction and revenue in their own region.

 

The Boot Camp creates a roadmap for your company’s expansion into the US. You’ll gain a clear understanding of the processes involved with expanding into this market. We will provide you with the tools, while leveraging the Science Center’s partnerships with universities, stakeholders, incubators and other organizations in the emerging technology sectors.

 

The Boot Camp will include deep dive seminars and curated one-on-one meetings with experts. Seminar topics include:

 

  • Doing business in the US
  • Localization of your product and service
  • Legal and visa issues (incorporation vs. LLC, JV, visa options)
  • IP exploration
  • Introduction to funding sources, structures, and the  local funding ecosystem
  • Accounting/tax/valuation
  • Regulatory and compliance
  • Industry night
  • Pitch to investors
  • HR practices
  • Leveraging conferences for maximum impact

 

Companies receive space at uCity Square, including a desk, access to meeting rooms and shared facilities for the duration of the Boot Camp. Companies also have access to the Science Center’s resources, including Quorum, the entrepreneurs clubhouse. Housing is also included.

 

The next Boot Camp will take place September 17 - 21 in conjunction with the MedTech Conference. Contact Karina Sotnik for more information.

 

Click here to learn more about the Boot Camp.

US Market Expansion Fellowship

 

The US Market Expansion Fellowship is a six-to-12 month program that provides introductions to a network of investors, executive leaders, and board members. The Fellowship also provides HR advice and support securing office space.

 

We offer the following services to international companies interested in landing and growing their business in the Mid-Atlantic region:

 

Local Operations:

  • Assistance setting up a legal entity in the US
  • Virtual office with access to conference rooms, printers, wi-fi and mailbox
  • Personal introductions to service providers, such as corporate attorneys, immigration attorneys, accounting firms, localization services and market research firms
  • Access to programming at Quorum

 

Growth support:

  • introduction to local network of Angel investors and VCs
  • Introduction to Key Opinion Leaders and potential sales leads
  • Support in building Advisory Board and Board of Directors through partnerships with American College of Physicians (ACP) and CEO Connection
  • Help to identify key hires

 

Additional services available from strategic partners:

  • Market research & corporate strategy
  • Market size & opportunity / Competitive peer analysis
  • Regulatory landscape
  • Sales strategies and pricing analysis
  • Manufacturing / supply chain / logistics overview
  • Talent resources & labor law
  • Financing options

 

Go-to-market Implementation & Project Management:

  • Identify, negotiate and secure partnership agreements (Joint venture / licensing / distribution/ manufacturing)
  • Identify, negotiate and secure financing partners
  • Localize office
  • Logistics & import

 

Local Operations

  • Government relations and community support
  • KOL network and brand management
  • Supply chain & manufacturing strategies for scaling

GLOBAL STARTUP ACCELERATOR

 

Expanding a business into global markets has many challenges. For startups, those challenges are even more daunting. Yet our most innovative entrepreneurs must think globally from the outset to be able to launch and survive global competition.

 

A partnership between the Science Center and the Welcoming Center for New Pennsylvanians, the Global Startup Accelerator (GSA) is designed to foster the global innovation ecosystem in Philadelphia. The GSA is leveraging the knowledge of successful immigrant professionals and international communities in the region to help local early-stage life sciences and technology startups as they plan for future expansions into foreign markets.

 

The GSA will pool the region’s knowledge and experience of global markets to create curriculum designed to help scale businesses globally. We’re building tracks to provide connectivity to foreign markets starting with Europe in 2019 and India in 2020.

 

The Global Startup Accelerator is supported by the Economic Development Administration’s Regional Innovation Strategies program.

Have questions about the Global Soft Landing programs?

 

Contact Karina Sotnik for more information.