Roman Federovsky, CEO, and Igor Shamis, COO, co-founded Advanced Plasma Solutions in 2012 and soon joined by managing partner Simon Kassas, EVP to commercialize new products and solutions utilizing non-thermal plasma (NTP) technology. They established a thriving engineering-based technology development business that currently has over 20 full-time employees capable of applying NTP technology in a wide range of industries including energy, environmental control, industrial manufacturing, 3-D printing, agriculture, medicine, and food safety. In addition, the 20,000 square foot facility hosts AmpTech, a commercialization center that incubates businesses utilizing plasma and other advanced technologies and houses a number of service organizations to support entrepreneurship throughout the county.
Before APS re-located to their Malvern Headquarters, the team turned to Ed Swoyer, President and CEO of the Greater Berks Development Fund, for advice and feedback on their business plan. Because some of the intellectual property on which the business is based and because the key members of their Scientific Advisory Board were from Drexel University, it made sense to locate the business in the greater Philadelphia region. So Ed introduced the team to the Wharton Small Business Development Center for further advice on investment and planning. The Wharton SBDC’s team of Growth consultants worked with APS for several months to refine their business model and their start-up plans. “They were very instrumental in getting us to pitch effectively and to get started,” said Roman. “Without Wharton SBDC, I don’t know if we could have achieved so much.”
The Advanced Plasma Solutions team decided to start in Malvern with their state-of-the-art facility, where they have conferred with the Chester County Economic Development Council. The AmpTech Commercialization Center now hosts offices for startups such as Narbis and Steri-Phase and Ben Franklin Technology partners of Southeast PA as well as a number of other service providers to tech-based entrepreneurs.