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TheStreet Open House

Calling All Developers: Enterprises Need Your Help

Stocks in this article: SFE

Developers need customers and companies need innovation. It’s a no-brainer that these two groups should be working more closely together, but for some reason the connection has yet to be made.

The Philly Enterprise Hackathon sets out to shift this paradigm by connecting great developers with “big world” opportunities inside the enterprise—turning ideas into viable products or companies.

Hacking will begin on April 2, 2013

The Philly Enterprise Hackathon will officially kick-off in Philadelphia at the 8th Annual Emerging Technologies for the Enterprise Conference on April 2, 2013. The Hackathon has two tracks:

1. Infrastructure ― Sponsored by Bentley Systems and Ben Franklin Technology Partners of Southeastern Pennsylvania’s Delaware River Water Alliance; and

2. Life Sciences ― Sponsored by Teva Pharmaceuticals.

At 10:30am on April 2, Harry Vitelli, VP, Construction and Field Products from Bentley Systems, Mark Trabbold, Director of Business Development, Technology Commercialization Group from BFTP/SEP and TBA from Teva Pharmaceuticals will issue their “ challenges” to developers. Developers will then have two and half weeks―with scheduled meet-ups in between with the Enterprises―to build prototypes and register their idea for consideration. Five finalists will be selected and announced during Philly Tech Week. Those finalists will present to the Enterprises at a Shark Tank on May 1 st at The Hub where a winner and a runner-up will be chosen for each track.

The Grand Prize

Each track has a $50,000 prize purse along with $1,500 in Amazon Web Services credits, and incubation at Venturef0rth for four weeks with the Enterprise, a venture capitalist mentor and a local entrepreneur. At the end of the process, the Enterprises can run a version 1.0 of the developer’s product and the developers will have their first Enterprise customer.

The Community

The Philly Enterprise Hackathon is a community effort put together by a group of entrepreneurs, developers, venture capitalists, and enterprise companies that all focus on the Enterprise―and who believe that Philadelphia is the natural place to build an enterprise software company. This community includes Safeguard Scientifics (NYSE:SFE), First Round Capital, NextDocs, Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP), Bentley Systems, Teva Pharmaceuticals, Morgan Lewis, Greater Philadelphia Alliance for Capital and Technologies (PACT), and Chariot Solutions.

Interested?

Register today at www.phillyenterprisehackathon.com/2013/register. Hacking begins April 2, 2013!

ABOUT THE ENTERPRISES

About Ben Franklin Technology Partners of Southeastern Pennsylvania

Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) is celebrating its 30th year of helping our region’s talented entrepreneurs bring their Dreams to Reality. Ben Franklin is a national, award winning organization for Stimulating Entrepreneurial Potential, through entrepreneurship, technology and innovation. Ben Franklin grows technology companies and partnerships through Capital, Knowledge and Networks that help innovative enterprises compete in the global marketplace, generating wealth and supporting regional economic growth. www.sep.benfranklin.org

About Bentley Systems

Bentley is the global leader dedicated to providing architects, engineers, constructors, and owner-operators with comprehensive architecture and engineering software solutions for sustaining infrastructure. Founded in 1984, Bentley has nearly 3,000 colleagues in more than 45 countries, $500 million in annual revenues, and, since 2001, has invested more than $1 billion in research, development, and acquisitions. www.bentley.com

About Teva Pharmaceuticals

Teva Pharmaceutical Industries Ltd. is a leading global pharmaceutical company, committed to increasing access to high-quality healthcare by developing, producing and marketing affordable generic drugs as well as innovative and specialty pharmaceuticals and active pharmaceutical ingredients. Headquartered in Israel, Teva is the world’s leading generic drug maker, with a global product portfolio of more than 1,000 molecules and a direct presence in about 60 countries. Teva’s branded businesses focus on CNS, oncology, pain, respiratory and women’s health therapeutic areas as well as biologics. Teva currently employs approximately 46,000 people around the world and reached $20.3 billion in net revenues in 2012. www.tevapharm.com

About Greater Philadelphia Alliance for Capital and Technologies (PACT)

PACT is a premier resource for emerging growth companies in technology, healthcare, and energy technology industries. PACT connects emerging growth companies, venture investors, professional advisors, universities and technology-focused corporations to network, develop relationships, pursue business opportunities, and market and promote their businesses to foster growth and innovation. PACT creates a strategic hub for the region’s emerging growth companies, manifesting in a competitive edge for the Greater Philadelphia region. PACT is an Affiliate of the Greater Philadelphia Chamber of Commerce (GPCC). www.philadelphiapact.com



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