Ben News
Study: Ben Franklin Grew PA.’s Economy By $6.1 Billion, Created 16,6006 Jobs From 2017 to 2021
Ben Franklin Technology Partners generated $400 million in tax receipts for the state and boosted Pennsylvania’s overall economy by $6.1 billion between 2017 and 2021, helping to create 16,006 high-paying jobs during that same period, according to the latest in-depth independent economic analysis. Since its inception more than 40 years ago, Ben Franklin has now boosted the state […]
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... Read More >Across Q1 And Q2, Ben Franklin Tech Partners Is Investing Nearly $3M Into 12 Philly-Area Startups
Plus, the state-backed investment firm is raising a $25 million fund, similar to the Go Philly Fund from 2019 in partnership with Newtown-headquartered EPAM. It’s a busy start to the year for Ben Franklin Technology Partners‘ (BFTP) Southeastern Pennsylvania branch. The state-backed firm recently announced it’s slated to make investments in seven local startup companies. The […]
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... Read More >Ben Franklin Technology Partners Invests $2M In 7 Philadelphia-Area Startups, Plans New $25M Fund
Ben Franklin Technology Partners of Southeastern Pennsylvania is investing $2 million in Philadelphia-area tech and health care startups before setting its sights on a new late-stage fund with a goal of raising at least $25 million — a welcome commitment for local startups as venture capital funding dries up. The investments were made in two […]
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... Read More >Founding Philly Podcast Ep. 12: Ben Franklin Tech Partners Of Southeastern Pennsylvania, President And CEO Scott Nissenbaum
Every other week, I share a new episode from my podcast Founding Philly, where I dive into the stories of the innovators, founders and builders who are shaping the Philly startup scene. Are you a founder, aspiring entrepreneur, or business professional? Then this is for you. Listen to their stories and the lessons learned along […]
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... Read More >Ven Raju Named Innovation Works CEO
Ven Raju has been named president and CEO of Innovation Works, a North Shore-based seed stage investor in tech startups, replacing Rich Lunak, who is retiring. Mr. Raju, 43, was chosen from among more than 135 candidates nationwide after a competitive search by Korn Ferry, an executive and recruitment firm. His first day of work […]
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... Read More >Pennsylvania’s Innovation Economy Driving Growth
A new national report that ranks states for business performance and competitiveness shows Pennsylvania making significant gains over the last year, with technology and innovation among the driving forces behind the economic resurgence. Pennsylvania jumped six spots from 23 to 17 in CNBC’s annual rankings for America’s Top States for Business in 2022, now in […]
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... Read More >The 4th Annual PHL Innovation Picnic Was A Big Success
Thank you for making the picnic so special. The PHL Innovation Picnic is a staple in our innovation ecosystem, and you made it possible. We brought together more than 400 entrepreneurs, investors, and community builders for Philadelphia’s largest outdoor networking event dedicated to this audience. You can watch the recap video here. We Raised Over […]
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... Read More >‘Is It The Right Time To Do This?’
Omar Mencin, Ben Franklin Technology Partners’ managing director of tech, has some suggestions on whether now is the best moment to build a company — and how the investor can help. As a founder or entrepreneur, when you concentrate hard on the headlines, you’re bound to get a headache. Even amidst the seemingly strange news […]
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... Read More >Philadelphia on The Cusp of Becoming a Top 10 Startup Ecosystem in The U.S., Report Finds
Philadelphia has the world’s 27th-best startup ecosystem and ranks at No. 11 in the U.S., according to an annual report by Startup Genome. The city inched forward one spot in both the international and national rankings after coming in at No. 28 and No. 12, respectively, in 2021. This year, the report lauded Philadelphia for […]
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... Read More >Philly is Movin’ on Up in the Top 30 List for Global Startup Ecosystems
For the third year in a row, Philly is trending upward on the Startup Genome’s Global Startup Ecosystem Report (GSER) report. After ranking No. 28 on the org’s global list for best ecosystems for startups in 2021, Philadelphia lands at No. 27 in 2022. In 2020, Philly was ranked as the top “emerging” startup ecosystem […]
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