The University of Pennsylvania officially opened the Pennovation Center with a ceremony and celebratory ribbon cutting on October 28th. The afternoon festivities, which included a discussion between President Amy Gutmann and Penn alums Neil Blumenthal and David Gilboa, co-CEO’s of Warby Parker, marked the public launch of the new three-story, 58,000-square-foot Center, which opened in September as Penn’s new hub for innovation and business ventures at 3401 Grays Ferry Ave.
“The Pennovation Center is an iconic new landmark for Penn’s innovation ecosystem and a dynamic place to facilitate and accelerate entrepreneurial activities,” said Gutmann. Completion of the Pennovation Center, and the first phase of the 23-acre Pennovation Works site improvements, are part of a $37.5 million investment by Penn aimed at supporting a more dynamic culture of innovation by aligning individual entrepreneurs and startups from the University with the private sector.
Read the full release from University Communications here (October 2016)