News + Research
BFTP CEO Presents at BIDA
July 14, 2022
BFTP_NEPA President and CEO Angelo J. Valletta presented at the Berwick Industrial Development Association (BIDA) 60th anniversary celebration on July 12. Describing Ben Franklin’s work, Valletta cited client, OPTiMO Information Technology, Bloomsburg, which had two employees when they first received...
Inside Pennsylvania’s Tech Renaissance
July 13, 2022
Pennsylvania played a starring role in the industrial revolution, which explains why so many people still associate the state with its industrial roots. But the entrepreneurial spirit woven into Pennsylvania’s DNA, as well as a strategic decision in the 1980s to substantially...
Phospholutions, Inc. Attracts Additional Capital from Global Ag Companies
July 13, 2022
Phospholutions Inc., a leader in sustainable fertilizer technology, has announced additional investment from leading global agricultural companies to support commercialization of RhizoSorb® in the US row crop market. The recent funding includes investment from Ospraie Ag Sciences (OAS), Bunge Ventures,...
State Budget Includes Investments in Innovation
July 11, 2022
The state’s 2022-23 General Fund budget provides an additional $2.5 million in funding for the Ben Franklin Technology Development Authority (BFTDA), which funds Ben Franklin Technology Partners (BFTP), a statewide economic development initiative that invests in and supports high-tech entrepreneurs...
Installation of LifeAire Systems Part of LV Airport’s Federal Grant
July 11, 2022
The installation of the transformational LifeAire Systems air purification units is part of Lehigh Valley International Airport’s $5 million federal Infrastructure Investment and Jobs Act grant. Ben Franklin client LifeAire Systems’ patented commercial air purification solutions provide a 24×7 kill/remediation that eradicates 99.99%...
Take A Seat In Our Startup Boot Camp And You Might Take Home Up To $10,000!
July 7, 2022
Contact: Bob Dornich / Program Director 814-865-7332 / BobDornich@psu.edu STATE COLLEGE, PA –Ben Franklin’s TechCelerator@StateCollege, a partnership with the Invent Penn State initiative, is again offering local entrepreneurs, grad-students, professors, and university researchers a VIRTUAL 10-Week Business Startup Boot Camp....
Collectables App CollX Made its First Acquisition: Denver-Based Card Inventory Software
June 22, 2022
In the early stages of a company acquisition, it can be a little awkward to talk to your competition. You’re both trying to serve the same space, for instance, but maybe one is further along. That was the experience of...
Philadelphia on The Cusp of Becoming a Top 10 Startup Ecosystem in The U.S., Report Finds
June 15, 2022
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...
Philly is Movin’ on Up in the Top 30 List for Global Startup Ecosystems
June 15, 2022
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...
CONGRATULATIONS TO CONTROL LTD – THE LATEST WINNER OF BEN FRANKLIN’S PITCH EVENT!
June 15, 2022
Eight entrepreneurial teams just completed a ten-week, virtual, business startup boot camp. This exciting program has been offered by Ben Franklin’s TechCelerator @State College,...