Steve Welch (basketball)
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Steve Welch is a Pennsylvania businessman who ran as a Republican for the United States Senate in the
2012 election This national electoral calendar for 2012 lists the national/ federal elections held in 2012 in all sovereign states and their dependent territories. By-elections are excluded, though national referendums are included. January *3–4 January: ...
, losing to Tom Smith in the primary. Welch was endorsed by Governor Corbett, State Republican Party
Philadelphia Inquirer
an
Pittsburgh Post Gazette
Welch was raised in Chester County, Pennsylvania, where he still resides in the borough of
Malvern Malvern or Malverne may refer to: Places Australia * Malvern, South Australia, a suburb of Adelaide * Malvern, Victoria, a suburb of Melbourne * City of Malvern, a former local government area near Melbourne * Electoral district of Malvern, an e ...
. Welch, a former
Democrat Democrat, Democrats, or Democratic may refer to: Politics *A proponent of democracy, or democratic government; a form of government involving rule by the people. *A member of a Democratic Party: **Democratic Party (United States) (D) **Democratic ...
, graduated from Unionville High School and earned an engineering degree from
Penn State University The Pennsylvania State University (Penn State or PSU) is a public state-related land-grant research university with campuses and facilities throughout Pennsylvania. Founded in 1855 as the Farmers' High School of Pennsylvania, Penn State became ...
. In 2001, he founded a pharmaceutical company, Mitos, that made
flu Influenza, commonly known as "the flu", is an infectious disease caused by influenza viruses. Symptoms range from mild to severe and often include fever, runny nose, sore throat, muscle pain, headache, coughing, and fatigue. These symptom ...
vaccine A vaccine is a biological Dosage form, preparation that provides active acquired immunity to a particular infectious disease, infectious or cancer, malignant disease. The safety and effectiveness of vaccines has been widely studied and verifie ...
s more efficient. Welch sold Mitos to Parker Hannifin in July 2007. He later founded two other companies, DreamIt Ventures, which helps new businesses get started, and KinderTown, an educational technology business. In 2013 Welch sol
KinderTown
to Demme Learning. Forbes ranked DreamIt Ventures the number 3 accelerator in the world. In 2015 Welch and friend, Jim Donnelly, co-founded Restore Cryotherap

to provide whole body cryotherapy, IV infusion and compression therapy directly to the consumer in retail outlets. In 2015 they opened locations in Austin, TX and Charlotte, NC but were planning to open more stores in 2016. Since moving to Austin, TX in 2013 Steve has become known for his volunteer work in early childhood education. Steve has helped build the Steiner Ranch Math Pentathlon program and led several Destination Imagination teams to States and Global finals,. While Steve is known for his work in early childhood education he also worked with children's hospitals including Children Hospital of PhiladelphiaTechnically February 2, 2014 https://technical.ly/philly/2014/02/21/dreamit-ventures-childrens-hospital-philadelphia/ to help these organizations innovate more quickly to provide the life saving products and services to the pediatric market.


References

{{DEFAULTSORT:Welch, Steve Living people American businesspeople Year of birth missing (living people)