Innovators come to CIC to solve the world’s most pressing issues. Discover their impact in the Spring 2023 issue of CIC Magazine.

I’m
a
lifelong
fan
of
CIC.
HubSpot
was
born
at
CIC,
and
literally
grew
up
there.
It
allowed
Brian
(my
co-founder)
and
I
to
focus
on
our
business
instead
of
worrying
about
everything
else.
I
just
loved
the
energy
of
the
place
and
having
so
many
other
startups
all
around
us.
It’s
a
special
place.

Dharmesh
Shah
|
Co-Founder,
HubSpot

By the numbers

We’ve created spaces for entrepreneurs to convene and share resources, and have seen firsthand how proximity spurs connection and facilitates impactful collaboration. Over the years, we’ve expanded our innovation campus model to span four continents serving more than 9,000 clients to date.  

Map of CIC global presence, including innovation campuses, Venture Cafe programming, affiliates and consulting services.
Illustration of number of clients at CIC
Illustration of VC funds raised by CIC companies
slide 7 to 9 of 4

Proven solutions for a hybrid future

The way we work is changing. If 2020 and 2021 proved that teams can operate remotely in a tech-enabled world, 2022’s return to the office demonstrated the unique value of in-person connection.

Companies are embracing hybrid work styles that give their teams the flexibility to toggle between the physical and virtual workplaces. According to Forbes, 63 percent of high-revenue growth companies have adopted this philosophy.

When
COVID-19
forced
our
global
team
to
work
from
home,
we
realized
that
decentralized
operations
could
help
us
better
serve
our
clients
in
Africa,
Latin
America,
and
Southeast
Asia.
CIC
not
only
offered
us
a
customized
hybrid
solution
that
gave
us
a
path
forward,
it
also
made
us
part
of
an
ecosystem
of
innovative
entrepreneurs.

Frances
Reid
|
Chief
Operating
Officer,
Root
Capital

The shape of Tokyo in 2022

During the pandemic, we took a bold step of opening a state-of-the-art innovation campus in the heart of Tokyo. We partnered with award-winning architect Tetsuo Kobori to build this world-class facility, which houses over 250 members and has quickly become the center of innovation in Japan.

Prime Minister Kishida speaking at CIC Tokyo
A new era of innovation

In early 2022, CIC Tokyo proudly welcomed Prime Minister Fumio Kishida in an event that sparked worldwide media attention. PM Kishida declared 2022 “the year of the startup,” and discussed how governmental programs can support innovation and drive economic growth.

Tokyo Governor Yuriko Koike speaking at CIC Tokyo
Big moves foster collaboration

In August 2022, the office of Tokyo Governor Yuriko Koike and the Tokyo Metropolitan Government (TMG) announced their move to a new satellite office at CIC Tokyo. The aim to strengthen ties between public sector and startups maintains momentum through early 2023.

Making space for tomorrow’s biotech solutions

According to Vision Research Reports, the global cell and gene therapy market is expected to reach a $42.56 billion market by 2030. In 2021, we initiated a major $11 million expansion of our 137,00- square-foot campus in Philadelphia, converting two floors—approximately 50,000 square feet—into additional lab space. As of summer 2022, it is the largest commercial shared wet lab in the world and our largest lab location.

Group of diverse technicians wearing face masks and coats working together with samples at a table in a lab

CIC
has
given
us
the
ability
to
focus
on
the
science
behind
our
technology
by
not
only
providing
laboratory
spaces
but
also
community
resources.
Overall,
our
time
here
has
been
made
easier
by
the
amenities
provided,
including
a
generic
lab
supply
stock
room,
common
space,
equipment,
and
networking
with
our
peers.

Lea
De
Rosa
|
Senior
Lab
Manager,
Cabaletta
Bio

In this issue

Preview of the CIC Magazine