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Incubation 101: Graduation
It begins with an idea: starting a business of your own making a product that is different from or better than the rest. And the support of a business incubator, like the Bridgeworks Enterprise Center, a member of the Ben Franklin Business Incubator Network, can help a new manufacturing company take off. The experts at Allentown Economic Continue Reading…
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Berks Business Incubator Gets $50K Grant
The Jump Start Incubator in Reading, a member of the Ben Franklin Business Incubator Network, was recently awarded a $50,000 grant from the BB&T Economic Growth Fund of the Lehigh Valley Community Foundation to support the development of new small businesses in Berks County. Via Lehigh Valley Business: http://bit.ly/2tSbNYH
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Ben Franklin TechVentures Expansion Receives $100K BB&T Grant
The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) has received a $100,000 grant from the BB&T Economic Growth Fund, a donor-advised charitable fund of the Lehigh Valley Community Foundation. The funding will support the fit out costs of a new, expanded student, faculty, and alumni collaboration area to create the Lehigh University “Hatchery” business Continue Reading…
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Incubation 101: Life in the Incubator
It begins with an idea: starting a business of your own making a product that is different from or better than the rest. And the support of a business incubator, like the Bridgeworks Enterprise Center, a member of the Ben Franklin Business Incubator Network, can help a new manufacturing company take off. The experts at Allentown Economic Continue Reading…
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Small Business Spotlight: Signallamp Health, LLC
Signallamp Health works with physicians and nurses to provide population health services to patients with multiple chronic conditions across six states, including Pennsylvania. Last year, Gov. Tom Wolf toured and announced that Signallamp would add 69 jobs at a new site in Scranton with assistance from BFTP/NEP and others. Via PA DCED: http://bit.ly/2t1xC4J
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OraSure Receives $20M Gates Foundation Grant for HIV Testing in Developing Countries
OraSure Technologies Inc. entered into an agreement with the Bill & Melinda Gates Foundation that will allow it to offer its OraQuick HIV Self-Test at an affordable price in 50 developing countries. The OraQuick HIV Self-Test is a rapid, point-of-care test that allows an individual to detect antibodies to both HIV-1 and HIV-2 with an Continue Reading…
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Incubation 101: Pre-Incubation
It begins with an idea: starting a business of your own making a product that is different from or better than the rest. And the support of a business incubator, like the Bridgeworks Enterprise Center, a member of the Ben Franklin Business Incubator Network, can help a new manufacturing company take off. The experts at Allentown Economic Continue Reading…
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Ben Franklin to Invest $320,530 in Regional Companies
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $320,530 in support of regional economic development. BFTP/NEP’s goal is to help lead northeastern Pennsylvania to a better economic future by building partnerships that develop and apply technology for competitive advantage. To achieve this goal, Ben Franklin staff Continue Reading…
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Lubrizol Invests Millions to Expand Particle Sciences
The Lubrizol Corporation, which acquired Ben Franklin client Particle Sciences, will invest millions to add commercial drug product manufacturing at the company’s facility in Bethlehem. Leveraging the company’s knowledge in complex formulations and production, the new space is expected to be operational in the fourth quarter of 2017. More: http://prn.to/2sgCKE1
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Ski Software Start-up Gets a Funding Boost
A start-up that streamlines the ski experience for resort guests is getting a lift in the form of fresh investments. Snowvation Inc. now has office space in Ben Franklin TechVentures and raised a total of $265,000 in this investment round, including $50,000 from Ben Franklin. Via Lehigh Valley Business: http://bit.ly/2sTzRpi
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June LVstartup Includes BFTP Clients & Events
The June issue of LVstartup, a monthly e-newsletter by LVEDC about the Lehigh Valley entrepreneurial scene, includes stories on the Ben Franklin iXchange, clients Arkados and Lampire, and Wayne Barz’s blog on Lessons Learned in Incubating Innovation. http://bit.ly/2qTIGPu
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Pik Rite Receives National Small Business Environmental Award
The National Small Business Environmental Assistance Programs recognized BFTP alumnus client Pik Rite, Inc. as the 2017 winner of its Small Business Environmental Stewardship Award. Pik Ritedesigns and manufactures innovative, quality-built vegetable harvesters, agricultural manure spreaders, commercial waste handling and specialized vacuum tanks, dump bodies and debris collectors. The company was recognized for its accomplishments Continue Reading…
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Micro Interventional Devices Wins Top Cardiovascular Innovation Award
Micro Interventional Devices, Inc™ (MID), is pleased to announce that it is the recipient of the CRT 2017 “Top Cardiovascular Innovation Award” for the company’s MIA™ technology. The MIA technology is designed to reduce annular dimensions and regurgitation during percutaneous transcatheter mitral and tricuspid repair. The annular reduction is achieved without sutures or other intervention due Continue Reading…
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New Business Guide for Growth
Concannon Miller released a new comprehensive resource guide for regional companies with information from 14 organizations including BFTP. The guide provides details on tax credits, grants, special financing, and other business services available. Download here.
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Lessons from Incubating Innovation #9: Beware the Old TAM SAM Scam
BF TechVentures Manager Wayne Barz takes aim at hubristic market-size predictions, warning start-ups to start at the bottom, rather than the top. Via Keystone Edge: http://bit.ly/2qdm8YQ
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East Penn Manufacturing Receives Inaugural Albert Boscov Award
East Penn is the first recipient of the Albert Boscov Economic Development Award for Berks County, presented by the Greater Reading Chamber & Economic Development Corporation. The award honors a company that demonstrates a significant investment in job creation and economic growth for Berks County. More: http://bit.ly/2qa8lTB
