Drexel University is taking a crack at the age-old Philadelphia problem of losing too many start-up companies to other regions where more rigorous infrastructure exists to shepherd companies from idea to reality.
"Too much talent has fled from the greater Philadelphia region for Boston and San Francisco. It's sort of heartbreaking," Drexel president John Fry said Monday.
Drexel's answer to the loss of its graduates' businesses to other parts of the country is Drexel Ventures, a new subsidiary that will operate as an umbrella for multiple efforts to foster entrepreneurship and translate Drexel innovations into commercial enterprise.
To read the original article: Drexel venture seeks to keep entrepreneurs in Philly - Philly.com
