Category Archives:
Ben Franklin News

  • FILTER

  1. Ben Franklin Wins Technology Innovator Award

    Recognized as a Best Tech-Based Economic Development Enterprise – USA 2021 by Corporate Vision Corporate Vision, United Kingdom, recently announced the Ben Franklin Technology Partners of Northeastern Pennsylvania as a winner in its sixth annual Technology Innovator Awards. The Technology Innovator Awards 2021 celebrate organizations across the world that are innovation pioneers, providing solutions to a Continue Reading…

  2. BFTP Supporting Minority and Women Owned Business Enterprises

    The company founders and leaders in Ben Franklin’s portfolio are diverse, with many of our clients led by women and people of color. The Ben Franklin Technology Partners of Northeastern Pennsylvania embraces and encourages diversity among client company leaders as a strength in our regional economy. BFTP/NEP celebrates diversity in its minority and women owned Continue Reading…

  3. Gillette Industrial Services Cites BFTP as a Reason to Stay in PA

    Gillette Industrial Services, Inc., a manufacturer of assembly parts and equipment for the military and woman-owned enterprise, is relocating to a new distribution center in Forks Township. The firm has outgrown its 9,000-square-foot facility in Bangor. Relocating will allow the company to increase its production capacity and keep up with demand. “I live in New Continue Reading…

  4. BFTP’s Wayne Barz to Serve on Lafayette’s Innovation Advisory Council

    BFTP’s Chief Investment Officer, Wayne Barz, has been selected as a member of Lafayette College’s Dyer Center Innovation Advisory Council to align educational efforts with employer needs. The objective of the council is to connect Lafayette students with local leaders who are driving innovation for their respective companies as a way to address the talent Continue Reading…

  5. SBA Awards Grant to Statewide Ben Franklin to Help Underserved Communities Succeed

    The award will provide specialized training, mentoring and technical assistance for Pennsylvania businesses Contact: sonia.smith@sba.gov  www.sba.gov/news   WASHINGTON 8/11/2021– The U.S. Small Business Administration issued a grant award up to $125,000 to Ben Franklin Technology Partners in Pennsylvania for specialized training, mentoring, and technical assistance for research and development (R&D)-focused small businesses under the Federal and State Technology Continue Reading…

  6. Sen. Schwank tours American Polarizers

    After touring American Polarizers, Inc., facility in Reading, State Senator Judy Schwank and her District Director, Tom Gombar, pose for a photo with Angelo Valletta and Connie Faylor from Ben Franklin Technology Partners and Nicholas Bentley and Jeffrey Synder from American Polarizers. Front – left to right: Tom Gombar (District Director); Judy Schwank (Senator – Continue Reading…

  7. Ben Franklin COVID Recovery Investments Create/Retain 1,564 Jobs

    In spring 2020, Pennsylvania’s Ben Franklin Technology Development Authority provided a one-time $1 million Technology Development Grant to each of the four statewide Ben Franklins, matched by each, to invest in promising clients that were strongly affected by COVID-19. The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) utilized that funding in its “Return to Continue Reading…

  8. Ben Franklin Promotes Minnich to Executive VP

    The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) has announced the promotion of Kathy Ann B. Minnich to Executive Vice President and Chief Administrative Officer, in addition to her role as Chief Financial Officer. Previously, Minnich served as Chief Financial Officer. Her role includes primary responsibility for planning, implementing, and managing all of BFTP/NEP’s Continue Reading…

  1. Valletta to be Featured on LVEDC Executive Video Interview

    BFTP President and CEO Angelo Valletta will be a featured guest in a Lehigh Valley Economic Development Corporation (LVEDC) interview, one in a series highlighting recently-appointed corporate leaders. The new videos will be released weekly starting in September on LVEDC’s website, Facebook page, and  YouTube channel. Each video interview is a 30-minute, one-on-one conversation between LVEDC Continue Reading…

  2. Ben Franklin to Invest $275,000 in the Regional Economy

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $275,000 in support of regional economic development. Five companies from BFTP/NEP’s 21-county service area received funding. BFTP/NEP announces the following early-stage company investments, which are provided in the form of loans with warrants.   Raven Biomaterials, LLC, Ben Continue Reading…

  3. Why the Medical Device Industry is a Good Bet in Lehigh Valley

    Lehigh Valley has developed a critical mass of medical device companies because of this life science trifecta: talent, location, investment. Talent: Medical Device manufacturing companies recruit talent from Lehigh Valley’s 11 colleges and universities – including Lehigh University’s prestigious engineering college – and other top research schools within short drive. Local schools produce nearly 4,000 graduates Continue Reading…

  4. 2021-22 Budget Invests in Innovation by Continuing Support for Ben Franklin

    Statewide initiative to receive $14.5 million Pennsylvania’s 2021-22 General Fund budget provides $14.5 million in funding to the Ben Franklin Technology Development Authority (BFTDA), which funds the Ben Franklin Technology Partners (BFTP), a statewide economic development initiative that invests in and supports high-tech entrepreneurs and startups and innovative manufacturers. The Ben Franklin Technology Partners of Continue Reading…

  5. Northeastern PA is a Leading Innovation Hub, But More Investments are Needed

    Northeastern PA is a Leading Innovation Hub Thanks to Talent, Support Network, and Location, But More Investments are Needed to Succeed Against Increasing Competition By Angelo J. Valletta, President and CEO, Ben Franklin Technology Partners of Northeastern Pennsylvania I have worn many hats in my career and I have enjoyed leading organizations that generate transformational impacts Continue Reading…

  6. Valletta Visits Bridgeworks Enterprise Center

    Ben Franklin President and CEO Angelo Valletta learned more about Ben Franklin Business Incubator Network member, the Allentown Economic Development Corporation’s (AEDC) Bridgeworks Enterprise Center, during a visit in mid June. Pictured here are AEDC Program Manager, David Dunn; Valletta; AEDC Executive Director Scott Unger; and Ben Franklin Manager of Entrepreneurial Support, Anthony Durante.

  7. LifeAire Systems‘ Air Purification Technology Protecting Ben Franklin TechVentures Against COVID-19

    Ben Franklin TechVentures® has installed an air purification system that removes up to 99% of COVID-19 pathogens in a single pass through the system. These transformational and advanced air purification systems are from Ben Franklin Technology Partners of Northeastern Pennsylvania client LifeAire Systems, LLC. “With many of our clients operating as essential businesses since the Continue Reading…

  8. Ben Franklin to Invest $150,000 in the Regional Economy

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s Board of Directors has approved the investment of $150,000 in support of regional economic development. Three companies from BFTP/NEP’s 21-county service area received funding. BFTP/NEP announces the following early-stage company investments, which are provided in the form of loans with warrants. Good2Go Software, LLC, Shickshinny, Luzerne County Continue Reading…