BFTP/NEP takes calculated risks by investing in early-stage companies that could not secure seed funding through conventional means. We assist these young firms as they prepare to raise additional capital and provide an important initial endorsement for a new company. We also support established manufacturers as they implement technological innovation to competitive advantage.
We make investments that typically range from $25,000 to $150,000 per year for up to three years. Each company in the Ben Franklin portfolio benefits from the collective experience of seasoned in-house professionals, complemented by Ben Franklin’s extensive Solutions Network of advisers, service providers and investors. This creates a powerful and comprehensive support program for clients.
Selection is competitive and is based upon many factors, including the company’s ability to create and/or retain highly paid, sustainable jobs in northeastern Pennsylvania. To qualify, your company must be:
- An early-stage technology firm or established manufacturer offering significant potential for future growth through the development or application of an innovative technology. Retail companies are not eligible.
- Located in, or planning to relocate to, northeastern Pennsylvania. The region served by BFTP/NEP includes 21 counties: Berks, Bradford, Carbon, Columbia, Lackawanna, Lehigh, Luzerne, Lycoming, Monroe, Montour, Northampton, Northumberland, Pike, Schuylkill, Snyder, Sullivan, Susquehanna, Tioga, Union, Wayne and Wyoming counties. If your company is located elsewhere in the state, go to www.benfranklin.org to identify the Ben Franklin Technology Partners center in your region.