Funding is what draws most companies to the Ben Franklin Technology Partners of Northeastern Pennsylvania. Early-stage firms are interested in seed capital and investments for product development. Cash investments in early-stage firms are critical; indeed young firms are often said to be in a race against insolvency. Established manufacturers seek funding for technological innovation to improve production or reduce costs. The global marketplace changes rapidly, so manufacturers must innovate constantly to grow.
But Ben Franklin does not have the financial resources to provide all of the funding that will typically bridge a young company to profitability, nor the in-house expertise across all technology sectors to keep manufacturers competitive. Our “secret sauce,” which we have been building and developing purposefully for more than 31 years, is leverage.