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Forbes' Under 30 Summit Moves on From Philadelphia

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    The event, which had been held at the Pennsylvania Convention Center the past two years, is moving to Boston despite hopes it would stay in Philly moving forward. (Published Tuesday, March 8, 2016)

    Two months after both Mayor Jim Kenney and Forbes expressed interest in bringing the Forbes Under 30 Summit back to Philadelphia, the popular event is moving to Boston.

    Billy Penn reported that Kenney's spokeswoman Lauren Hitt said Forbes would not provide economic impact statistics to the city, so the decision to let Forbes walk "was in the best interest of the taxpayer."

    The Forbes Under 30 Summit has been held at the Pennsylvania Convention Center for the last two years, drawing some of the world's top millennial entrepreneurs and business creators. Many celebrities have also spoken at the multi-day event, including Malala, Monica Lewinsky and Barbara Pierce Bush. Also, Forbes signed on many prominent music artists to throw free concerts.

    Its domestic move to Boston suggests that it's trying to pull from a deeper pool of entrepreneurs and investors. Boston has significantly more start-ups valued at more than $4 million than does Philadelphia.

    Philly is Home to Forbes 30 Under 30

    [PHI] Philly is Home to Forbes 30 Under 30
    Philadelphia is now the home to the Forbes 30 Under 30 summit set to take place in October at the Pennsylvania Convention Center. (Published Monday, Jan. 5, 2015)