Steve Welch

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Steve Welch is a Pennsylvania businessman who ran as a Republican for the United States Senate in the 2012 election, losing to Tom Smith in the primary.[1]

Welch was endorsed by Governor Corbett, State Republican Party, Philadelphia Inquirer[2] and Pittsburgh Post Gazette.[3]

Welch was raised in Chester County, Pennsylvania, where he still resides in the borough of Malvern.[4] Welch, a former Democrat, graduated from Unionville High School and earned an engineering degree from Penn State University.[5]

In 2001, he founded a pharmaceutical company, Mitos, that made flu vaccines more efficient.[5][6] 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.[5]

In 2013 Welch sold KinderTown to Demme Learning.

Forbes ranked DreamIt Ventures the number 3 accelerator in the world.[7]

In 2015 Welch and friend, Jim Donnelly, co-founded Restore Cryotherapy [1] 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.


  1. ^ Brennan, Kevin (24 April 2012). "Smith Wins Pennsylvania Senate GOP Primary". National Journal. Retrieved 25 April 2012. 
  2. ^ "Welch for Senate" The Philadelphia Inquirer April 8, 2012
  3. ^ "Welch for the GOP: The endorsed Senate candidate is best of the bunch" Pittsburgh Post Gazette April 17, 2012
  4. ^ "About Steve". Steve Welch for Senate. Retrieved April 20, 2012. 
  5. ^ a b c Eric S. Smith (April 16, 2012). "Chester County businessman running for Senate". Daily Local News. 
  6. ^ Cynthia Burton (April 8, 2012). "Welch for Senate". The Philadelphia Inquirer. 
  7. ^ Forbes April 30, 2012