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File #: 180022    Version: 0 Name:
Type: Resolution Status: ADOPTED
File created: 1/25/2018 In control: CITY COUNCIL
On agenda: Final action: 1/25/2018
Title: Recognizing and Honoring Dr. Stephen S. Tang for his work at the University City Science Center and his leadership in technology and innovation in the City of Philadelphia.
Sponsors: Councilmember Blackwell, Councilmember Oh, Councilmember Parker, Councilmember Green, Councilmember Taubenberger, Councilmember Gym, Councilmember Domb, Councilmember Jones, Councilmember Greenlee, Council President Clarke, Councilmember Henon, Councilmember Johnson, Councilmember Quiñones Sánchez, Councilmember O'Neill, Councilmember Reynolds Brown, Councilmember Bass, Councilmember Squilla
Attachments: 1. Signature18002200.pdf
Title
Recognizing and Honoring Dr. Stephen S. Tang for his work at the University City Science Center and his leadership in technology and innovation in the City of Philadelphia.

Body
WHEREAS, Dr. Stephen S. Tang became President and CEO of the University City Science Center, the nation's oldest and largest urban research park, in 2008. After 10 years as University City Science Center, President & CEO, Dr. Stephen Tang will move on to become the leader of the Bethlehem, Pennsylvania-based medical device company OraSure Technologies as President & CEO; and

WHEREAS, A major component of Dr. Tang's legacy at the Science Center is the physical expansion of the Science Center Campus. Under his leadership, the Science Center partnered with Wexford Science & Technology and grew from 17 to 27 acres, rebranding its campus area as uCity Square; and

WHEREAS, Tang's leadership positioned the Science Center as a leading tech-based economic development organization in the Greater Philadelphia region. Tang transformed the Science Center from a traditional real estate focused research park to an innovation hub, connecting innovators from across the Greater Philadelphia Region. He oversaw the creation of Quorum, which in almost 7 years has welcomed over 70,000 entrepreneurs, scientists, investors, and others to over 1,000 programs and events; and

WHEREAS, Dr. Tang's work at the Science Center has advanced Philadelphia as an incubator of innovative ideas and companies. The QED Proof-of-Concept funding program for university technologies with market potential began in 2009. It has helped 10 technologies obtain licenses, 8 startups form, and 13 projects leverage $22 million in additional funding; and

WHEREAS, In addition to his work at the Science Center, Dr. Tang also serves on several statewide, regional and local Boards of Directors. Along with Pennsylvania Governor Tom Wolf, he co-chairs the Team Pennsylvania Foundation, which bridges the gap between gover...

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