- Associated Press - Monday, January 5, 2015

PHILADELPHIA (AP) - Forbes is making Philadelphia the permanent home of its annual Under 30 Summit.

The Philadelphia Inquirer reports (https://bit.ly/1tCO8Rg ) the magazine made the decision after months of negotiations with the city following the summit’s debut in October.

The magazine had planned to move the event to various cities.

Mayor Michael Nutter says the city won’t put up money, but will help Forbes connect with potential corporate, entrepreneurial and non-profit sponsors.

Summit organizers say they’re impressed with Philadelphia’s vibrancy and growing population of people in their 20s.

This year’s summit is scheduled for Oct. 4-7 at the Pennsylvania Convention Center. Related events will be held throughout the city.

Monica Lewinsky, and Malala Yousafzai were among the speakers at the inaugural event.

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Information from: The Philadelphia Inquirer, https://www.inquirer.com

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