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Resident Company Advantages

Reduced operating costs are typically what initially draw early-stage companies to an incubator. But resident companies in Ben Franklin TechVentures gain so much more than rental space.

Resident Company Advantages

BFTV provides an entrepreneurial culture that fuels innovation. BFTV brings together entrepreneurs, Lehigh University faculty and students, and the Ben Franklin Solutions Network of seasoned experts to support resident companies. The Ben Franklin team provides client companies with management guidance, business planning, strategic planning, and marketing counsel; connections to angel investors and venture capitalists; and assistance in preparing and perfecting funding presentations.  These factors combine to greatly enhance incubator resident companies’ probabilities of success.

To date, BFTV has graduated 55 successful companies that have created more than 5,400 jobs in Pennsylvania. Graduates grossed more than $620 million in annual revenue last year. Among these companies are:

CICLON/Texas Instruments Website CICLON/Texas Instruments Website • Success Story CICLON/Texas Instruments Success Story
Computer Aid, Inc. Website Computer Aid, Inc. Website • Success Story Computer Aid, Inc. Success Story
IQE Website IQE Website • Success Story IQE Success Story
OraSure Technologies Website OraSure Technologies Website • Success Story OraSure Technologies Success Story
Saladax Biomedical Website Saladax Biomedical Website • Success Story Saladax Biomedical Success Story

Resident Company Advantages

An Ideal Location

Ben Franklin TechVentures is situated on the picturesque Mountaintop Campus of Lehigh University in Bethlehem, and offers these important quality-of-life considerations:

  • Easy access from I-78, U.S. Route 22 and Lehigh Valley International Airport
  • Centrally located within 75 miles of New York City and 60 miles of Philadelphia
  • Well-developed telecommunications infrastructure
  • Moderate operating and labor costs
  • Affordable energy
  • Substantial tax incentives for businesses
  • Nine colleges and universities in the immediate area
  • Short commutes
  • Excellent public and private elementary and secondary schools
  • Wide availability of commercial sites, industrial parks and technology centers to support your company’s continued growth
Resident Company Advantages

Business Development Support

  • Robust business support services (management and accounting guidance, strategic planning, marketing counsel)
  • Direct connections to angel investors and venture capitalists
  • Technical assistance, including linkage to Lehigh University facilities, equipment and researchers
  • Assistance in preparing and perfecting funding presentations
  • An entrepreneurial community that fuels inspiration and innovation
Resident Company Advantages

Building Amenities

60,000 square feet of rentable space, with both fixed and configurable layouts available, 11,000 square feet of which is dedicated wet lab space, including:

  • Hooding and ventilation systems
  • Liquid disposal systems
  • Chemical-resistant countertops and floor coverings
  • Lab connections available for installation of specialty gases
  • Centralized vacuum and compressed-air lines
  • In-lab emergency showers
  • 24-hour secure access and video surveillance
  • Below-market-rate rental space with flexible leases
  • Shared essential office services, including:
    • High-speed Internet access
    • 15 conference rooms with state-of-the-art AV capabilities and cable television
    • Integrated building-wide telephone system
    • Three video teleconferencing rooms
  • Innovative digital signage to foster community among tenants
  • Lutron energy management and light harvesting technologies
  • Men’s and women’s shower facilities
  • Full loading dock with five-ton, heavy-duty crane
  • Three passenger elevators and one large freight elevator with four-ton capacity
  • Ample parking, including a parking garage

 

  • BFTP News

    FEATURED:

    Ben Franklin Technology Partners Releases Independent Report on its Economic Impact on Pennsylvania

    Tax revenue generated because of BFTP provides a 3.6 to 1 payback to PA.  HARRISBURG, PA – At an event held on Monday, June 3, … MORE

  • Client & Alumni News

    Ben Franklin Client Saladax Receives CLIA Laboratory Certification

     Milestone Clears Path to Launch of MyCare™ Exposure Optimization Tests Saladax Biomedical, Inc., a privately held company developing novel diagnostic tests that individually optimize a … MORE

  • Insights

    i xchange Keynote Speaker Todd Buchholz: The Rapid Pace of Change in Business

    In his Ben Franklin i xchange keynote on May 7, 2013, speaker Todd Buchholz presented Competing in a Chaotic Economy, in which he described why … MORE

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Local: (610) 758-5200
Toll-free: (800) 445-9515
Fax: (610) 861-5918
Email: info@nep.benfranklin.org

Ben Franklin Technology Partners
of Northeastern Pennsylvania


116 Research Drive
Plaza Level
Bethlehem, PA 18015

Designed & Developed by Altitude Marketing The Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority.

Ben Franklin Technology Partners - Northeastern Pennsylvania
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