News + Research
Hair Scarves And Sea Life Savers Won Big At Pennovation Accelerator’s 2022 Pitch Day
August 2, 2022
Ten founders shared their startups at the accelerator’s fifth annual pitch event. Here’s how it went down. Peach Brown, founder of Sledge Scarves, drove home the strength of her non-slip hair scarves by lifting a bowling ball with one in front...
Jefferson Lands New CEO From One Of The Country’s Largest Health Systems
August 1, 2022
Thomas Jefferson University and Jefferson Health’s board of trustees have made their pick to take over what became the region’s largest health system under former CEO Dr. Stephen Klasko. Dr. Joseph Cacchione will be the next CEO of Jefferson, effective Sept. 6. Cacchione...
Wolf Administration: $16.4 Million in Challenge Grant Funding Approved for Ben Franklin Technology Partner Projects
July 29, 2022
Department of Community and Economic Development (DCED) Acting Secretary Neil Weaver and the Ben Franklin Technology Development Authority (BFTDA) announced today that $16.4 million in Challenge Grant funding has been approved for the Ben Franklin Technology Partners, the first increase...
Science Center’s New Startup Development Program Is Aimed At First-Gen STEM Students
July 29, 2022
The STEM Founders Fellowship will give 10 postgraduate degree candidates $50,000 and a full year of support to turn their research or idea into a business. As Philadelphia expands its reputation and capacity for the life sciences industry, it’s also folding...
‘Is It The Right Time To Do This?’
July 28, 2022
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...
Ben Franklin Technology Partners Invests in 11 Tech Companies!
July 28, 2022
Creating Jobs and Helping Grow the PA Economy! Eleven companies located in central and northern PA recently received an investment from Ben Franklin Technology Partners that will allow them to further develop and commercialize new products and/or software applications or...
Jacqueline A. Hollenbach Appointed to Ben Franklin Board
July 28, 2022
The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP_NEPA) has announced the appointment of Jacqueline A. Hollenbach, Vice President, Research and Development – Vascular, Teleflex, Inc., to its board of directors. Teleflex, headquartered in Wayne, PA, is a global provider...
USSF Oral COVID Vaccine Phase 1 Testing Complete
July 21, 2022
With Phase 1 testing now complete and showing positive results, Ben Franklin client US Specialty Formulations, Allentown, is moving forward with its oral COVID-19 vaccine. The company is partnering with Ben Franklin client and TechVentures resident VaxForm, Bethlehem, to bring a...
American Rescue Plan Includes Essential Funding for Pa. Small Businesses
July 20, 2022
$142 million will go toward seed- and early-stage technology companies Pennsylvania was awarded nearly $268 million in American Rescue Plan funding through the State Small Business Credit Initiative (SSBCI), including approximately $142 million for equity and venture capital investments. The...
Ben Franklin Announces 5 Investments Totaling $252,500
July 19, 2022
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP_NEPA) Board of Directors has approved the investment of $252,500 in support of regional economic development. Five companies from BFTP_NEPA’s 21-county service area received funding. Investments identified as a continuation project indicates...