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Richard Bendis, President and CEO

ORG Innovation Philadelphia Title BIO Richard A. Bendis is President and CEO of Innovation Philadelphia (IP), a public/private partnership dedicated to growing the wealth and the workforce of the Greater Philadelphia Region. IP manages an umbrella of programs under four distinct areas: Direct Equity Investment/Financing Assistance; Technology Commercialization; and Global Economic Development and Regional Economic Development.

Throughout his career, Bendis has distinguished himself as a successful entrepreneur, corporate executive, venture capitalist, investment banker, and consultant in the technology and healthcare industries.

He is a frequent, seasoned international consultant and speaker to the United Nations, NATO, the European Commission, national and international technology-based economic development and industry organizations and other global enterprises. His presentations have covered such specialty areas as economic regeneration and clusters; innovation and enterprise systems; new and emerging technology enterprises; developing an entrepreneurial culture; building effective public/private partnerships; technology transfer and business commercialization policies and programs; high-tech business park development; and the role of public policy, information technologies, and economic development, to name only a few. He also shares his thought leadership about the importance of enhancing the Global Innovation Economy of the Greater Philadelphia Region in business and trade publications.

Bendis currently serves, or has served, as a member of several national initiatives including the White House U.S. Innovation Partnership Advisory Task Force; the Council on Competitiveness; the National Governor's Association Science and Technology Council Executive Committee; the State Science and Technology Institute Executive Committee; the U.S. Small Business Administration's Angel Capital Electronic Network Board; the National Association of Seed and Venture Capital Fund Board; and the NIST Manufacturing Extension Partnership National Advisory Board. He serves as a director on several technology companies and seed capital funds.

Bendis also currently serves on the following Pennsylvania State and Regional Boards and Committees including The Knowledge Industry Partnership (KIP) - Executive Committee; Greater Philadelphia Venture Group (GPVG); Eastern Technology Council; Global Interdependence Center; University City Science Center; Philadelphia Convention and Visitors Bureau Steering Committee; Positively Philadelphia Founding Sponsor; Small Business Support Center; Mayor's Commission on Technology (Philadelphia); Strengthening Mid Atlantic Region for Tomorrow (SMART); Center City Proprietors Association; The Federal State Technology Partnership Program (FAST) - Executive Committee for PA; Temple University Center for International Business Education and Research (CIBER); and past winner and National and Regional Judge of the Ernst and Young Entrepreneur of the Year Competition.

He actively participates as Judge and Speaker in Business Plan Competitions and Entrepreneurial Programs for universities in the Greater Philadelphia Region.

Prior to his appointment as IP's first President and CEO in 2001, Bendis successfully converted a career in the private sector and venture capital areas to build the Kansas Technology Enterprise Corporation (KTEC) into a globally recognized model for technology-based economic development. He was involved from its inception in 1987 as its first Chairman and served as President and CEO from 1994-2001.