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Ben Franklin News

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  1. Mussel Polymers Wins Ben Franklin Venture Idol

    Mussel Polymers, Inc., Ben Franklin TechVentures, Bethlehem, won the 18th annual Ben Franklin Venture Idol, held virtually on Tuesday evening, November 9, 2021. Ben Franklin Venture Idol is a cross between Shark Tank® and American Idol®. More than 200 guests attended the online event, which illustrates a significant way in which early-stage entrepreneurs seek and obtain Continue Reading…

  2. DCED and BFTDA Leaders Visit Ben Franklin TechVentures

    BFTP/NEP President and CEO Angelo Valletta and the leadership team welcomed Dennis Davin, Secretary of the Pennsylvania Department of Community and Economic Development (DCED); Steve D’Ettorre, Deputy Secretary of Technology and Innovation, PA DCED; and Jennifer Leinbach, Executive Director of the PA DCED Office of Technology and Innovation and the Ben Franklin Technology Development Authority, Continue Reading…

  3. Ben Franklin to Invest $209,800 in 5 Companies

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $209,800 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. Cliquify, Inc., Macungie, Lehigh County Continue Reading…

  4. The O’Pake Institute: Innovation Wins at Ben Franklin!

    The Ben Franklin Technology Partners of Northeastern Pennsylvania is presenting an exciting TV series, Innovation Wins, hosted by President and CEO, Angelo Valletta, and BFTP/NEP’s enterprise developers. Watch the latest show, featuring the O’Pake Institute for Economic Development and Entrepreneurship at Alvernia University. Alvernia is the newest member of the Ben Franklin Business Incubator Network, Continue Reading…

  5. BFTP CEO Angelo Valletta Featured in LVEDC’s New Executive Series

    In this 30-minute interview, LVEDC President and CEO Don Cunningham interviews BFTP/NEP President and CEO Angelo Valletta on a wide range of topics, including the process through which BFTP/NEP decides when and how to support early-stage firms and innovative manufacturers, as well as major companies that have previously gone through Ben Franklin, such as OraSure Continue Reading…

  6. Celebrating PA Manufacturing Day — October 1

    The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) joins the Pennsylvania Department of Community and Economic Development in celebrating Pennsylvania Manufacturing Day on October 1, 2021. Manufacturing is at the heart of Pennsylvania’s economy. (PA Dept. of L&I, QCEW, Q4 2020; bea.gov Regional Economic Accounts Q4 2020) • 8th largest manufacturing industry in the Continue Reading…

  7. Dr. Jill Murray, President of Lackawanna College, Named to BFTP Board

    Lackawanna College President Dr. Jill Murray has been selected as a member of the Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) Board of Directors. BFTP/NEP has led tech-based economic growth in the region for more than 35 years. “I am grateful for the opportunity to serve on the Ben Franklin Technology Partners Board of Directors,” said Continue Reading…

  8. Ben Franklin Virtual Venture Idol 11/9/21 – REGISTER FREE

    Virtual Crowdfunding-Style Event on November 9, Free to Attend Over the past 4 years, 24 companies have competed in Ben Franklin Venture Idol. Of the 12 company finalists selected by investors: 1 has already exited at a valuation of more than $70 million 3 have raised more than $5 million since presenting 4 have raised more Continue Reading…

  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…