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BFTP/SEP Approves Second Quarter Investments for Eight Companies
Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) announced second-quarter 2010 investments totaling $2,026,000 for eight early-stage Pennsylvania companies with promising technology innovations. “This latest round of investments demonstrates the strength of our region’s energy sector and the continued commitment of our business solutions Read More...
Innovation Works Invests $434,500 in Regional Companies
Since February 2010, Innovation Works has invested $434,500 in ten start-up technology companies and innovative manufacturers in Southwestern PA. The re-investments in our portfolio companies help startups move closer to commercialization and help early-stage companies gain increased sales traction. In addition, five new AlphaLab companies Read More...
BFTP/NEP to Invest $992,946 to Support Northeastern PA Economic Development
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors approved a combined investment of $992,946 in support of regional economic development. BFTP/NEP is an award-winning, state-funded economic development organization that links early-stage technology firms and established companies with experts, universities, funding, and Read More...
BFTP/SEP Approves First Quarter Investments for Five Early-Stage Companies
Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) announced first-quarter 2010 investments totaling $800,000 for five early-stage Pennsylvania companies with promising technology innovations. “We are encouraged to see the steady flow of early-stage companies during these difficult economic times,” says RoseAnn B. Rosenthal, president and Read More...
BFTP/SEP Committed $950,000 to Five Early-Stage Companies
Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) recently approved investments totaling $950,000 to five early-stage Pennsylvania companies with novel technology innovations. This diverse group of newly funded companies boosts social media revolution, strides in energy conservation and more. “We congratulate these five excellent companies Read More...
BFTP Innovation Works Invests More Than $1.45 Million in Regional Economic Development
The Ben Franklin Technology Partner of Southwestern PA, known as Innovation Works (IW), invested more than $1.45 million dollars in regional companies between July 1 and December 31, 2009. Six new companies were added to the IW portfolio, and four existing portfolio companies received additional Read More...
BFTP Northeastern PA to Invest $487,787 in Regional Economic Development
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors approved an investment of $487,787 in support of regional economic development. The investments are with four early-stage technology companies and six established manufacturers. BFTP/NEP’s goal is to help lead northeastern Pennsylvania to a Read More...
Guest Editorial: Early-Stage Support Is More Important Than Ever for Entrepreneurs
By Ron Bianchini Chairman, Ben Franklin Technology Partners/Innovation Works and president/CEO of Avere Systems. Is investing in early-stage technology companies a long-term strategy to grow jobs in and import capital to Pennsylvania? There’s only one way to put it—yes! As a serial entrepreneur and chairman Read More...
Four PA Companies Receive Grants to Develop Alternative and Clean Energy Technologies
The Ben Franklin Technology Partners Alternative and Clean Energy (ACE) Applied Research Fund has selected and approved $55,000 each to four Pennsylvania companies. The funding was made possible through a grant from the United States Small Business Administration. More than 100 technology-based small businesses in Read More...
Ben Franklin Technology Partners of Northeastern PA Approves More Than $476,500 in New Investments
Ben Franklin Technology Partners of Northeastern PA announces the following early-stage company investments: Element ID Ben Franklin TechVentures, Bethlehem, Northampton County Approved investment: $150,000 Begin commercializing, with a full-scale sales launch, a new type of radio frequency identification tag reader for use in the materials Read More...
