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Blackstone Charitable Foundation Expands Campus Entrepreneurship Platform Bringing “Blackstone LaunchPad” To Pennsylvania

Stocks in this article: BX

Mayor Michael A. Nutter

"We are very excited that Blackstone has chosen Philadelphia as the next location for the 'Blackstone LaunchPad' initiative," said Philadelphia Mayor Michael A. Nutter. "Philadelphia has all of the assets necessary to be an entrepreneurial hub and is fast becoming a place of choice for innovators, makers and founders. Blackstone LaunchPad - coupled with our new Startup PHL initiative - are just the latest efforts to support entrepreneurs, small businesses, and job creation in Philadelphia. Congratulations to Blackstone, the Science Center, Temple University and Philadelphia University on this exciting new initiative."

Senator Bob Casey

“Small businesses are the backbone of our economy, so the LaunchPad program of the Blackstone Charitable Foundation is a wonderful opportunity for future entrepreneurs in Philadelphia,” said Senator Casey. “In Pennsylvania alone there are nearly 250,000 small businesses – four out of every five firms in the state. That’s why it’s important to give students the resources they need to turn their entrepreneurial ideas into real, successful businesses.”

Senator Pat Toomey

“Our system of free enterprise needs – and thrives on – those individuals who are willing to innovate, take risks and start new businesses. They pave the path to more and better jobs and a stronger, healthier economy in Southeast Pennsylvania. I’m pleased that The Blackstone Charitable Foundation is partnering with some of the city’s finest universities to make this investment in Pennsylvania’s entrepreneurs and future job creators.”

Congressman Chaka Fattah

Congressman Chaka Fattah (D-PA-02), a champion for entrepreneurship as senior Democrat on the House Appropriations Committee’s subcommittee for commerce and scientific research, joined the announcement ceremony to welcome the Blackstone Charitable Foundation to Philadelphia.

“Entrepreneurs are the men and women who will lead us to winning the future in a competitive global economy,” Fattah said. “Blackstone LaunchPad is entrepreneurship squared, infusing these outstanding educational institutions with the blueprint and the means to train today’s brightest students for economic and manufacturing leadership tomorrow. Thanks Blackstone: Planting LaunchPad in Philadelphia is the right move in the right place.”

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