ueda annual summit 2014 - awards of excellence - community connected campus - quorum

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Quorum helps transform concepts into companies and move ideas forward. Through interactive programming, open work areas and high-tech event space, Quorum provides the foundation for entrepreneurs to meet, collaborate, and build community. An initiative of the University City Science Center, Quorum leverages the Science Center’s 50-year history of bringing together innovators, scientists, resources and entrepreneurs to accelerate technology commercialization and economic development in the Greater Philadelphia region. The Science Center launched Quorum in 2011 as a “clubhouse” for innovation, to bolster the region’s entrepreneurial capacity and commercialization activities. Quorum serves as a gathering place for entrepreneurs and innovators to connect with scientists, researchers, investors and resource organizations. Quorum has become a unifying force that has contributed to and validated the Science Center’s reputation as a dynamic hub for entrepreneurship and innovation in the region and beyond. Quorum provides its users with dynamic work and meeting spaces, targeted programming and access to a range of mentors, executives, and diverse science, technology, business and non-profit groups. Collaborative work is fostered through the Quorum Lounge, an open-access, high-tech workspace where entrepreneurs find more whiteboards than walls. The Quorum event space attracts an array of community groups, connecting like-minded thinkers and doers. Since opening in 2011, Quorum has hosted more than 26,000 visitors. Over 500 events have been held in the Quorum space, and a growing number of entrepreneurs depend on the access and availability of the Quorum Lounge for growing their startups. View the full case study at: http://universityeda.org/value-to-members/best-practice-sharing/awards-of-excellence/2014-awards-of-excellence/awards-of-excellence-2014-finalists/quorum/

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UNIVERSITY CITY SCIENCE CENTER

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The NEED A 2007 study of the state of technology transfer in the region recommended the creation of a venue “to serve as the ‘clubhouse’ for innovation in the region and provide programming to attract researchers, entrepreneurs and investors to the venue.”

The SOLUTION: QUORUMA central gathering place for innovators and entrepreneurs to share ideas, learn about best practices and negotiate deals.

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Quorum was launched to bolster the region’s entrepreneurial capacity and commercialization activities by

creating a neutral meeting ground for entrepreneurs and innovators to connect with scientists, researchers, investors and

resource organizations -- and gain access to business-building advice.

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QUORUM BY THE NUMBERSSINCE 2011…..o 27,000+ visitorso 500+ events heldo $1+ Million raised

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o Coffee & Capitalo Smart Talko How to Talk to Moneyo Lunch for Hungry Mindso Office Hours

SIGNATURE PROGRAMS

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QUORUM LOUNGEAn informal place to meet, work & grow ideas

o Freeo Open accesso First come, first servedo A space for entrepreneurs

without the commitment of a desk or the burden of cost

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A COMMUNITY OF ENTREPRENEURS

Collaborations and partnerships have been formed between early-

stage companies working out of the Quorum Lounge

STRATEGIC PARTNER ALLIANCEIncludes nonprofit organizations in Pennsylvania, New Jersey and Delaware that share the Science Center’s commitment to supporting innovation, entrepreneurship and tech-based economic development

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9Innovation has its place.

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