Ben Franklin TechVentures² is a 47,000 square-foot addition to the original Ben Franklin TechVentures business technology incubator/post-incubator facility. Located on Lehigh University’s Mountaintop campus, it is LEED certified and includes wet labs, office/meeting space, and a new parking garage.

The new facility is projected to create as many as 200 sustainable, highly paid technology jobs and retain 100 more jobs at new start-up companies in its first three years. It will also provide job and internship opportunities for up to 20 university students each year. Twenty-nine early-stage firms, employing 158 people, are currently located in Ben Franklin TechVentures. Since 1983, the Ben Franklin Business Incubator and TechVentures have graduated 52 successful companies, grossing more than $408 million in annual revenue, and creating more than 4,700 jobs.

Watch the dedication video below.