Category Archives:
Ben Franklin News

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  1. Wolf Administration: $16.4 Million in Challenge Grant Funding Approved for Ben Franklin Technology Partner Projects

    Department of Community and Economic Development (DCED) Acting Secretary Neil Weaver and the Ben Franklin Technology Development Authority (BFTDA) announced today that $16.4 million in Challenge Grant funding has been approved for the Ben Franklin Technology Partners, the first increase in funding for the BFTDA in 13 years. “Pennsylvania’s history is filled with innovative individuals Continue Reading…

  2. Jacqueline A. Hollenbach Appointed to Ben Franklin Board 

    The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP_NEPA) has announced the appointment of Jacqueline A. Hollenbach, Vice President, Research and Development – Vascular, Teleflex, Inc., to its board of directors. Teleflex, headquartered in Wayne, PA, is a global provider of medical technologies that applies innovation around unmet clinical needs to improve people’s health and Continue Reading…

  3. American Rescue Plan Includes Essential Funding for Pa. Small Businesses

    $142 million will go toward seed- and early-stage technology companies Pennsylvania was awarded nearly $268 million in American Rescue Plan funding through the State Small Business Credit Initiative (SSBCI), including approximately $142 million for equity and venture capital investments. The Pennsylvania Department of Community and Economic Development (DCED) will distribute the new funds to eligible Continue Reading…

  4. Ben Franklin Announces 5 Investments Totaling $252,500

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP_NEPA) Board of Directors has approved the investment of $252,500 in support of regional economic development. Five companies from BFTP_NEPA’s 21-county service area received funding. Investments identified as a continuation project indicates that the client achieved pre-determined milestones and is receiving more funding to accomplish additional project Continue Reading…

  5. BFTP CEO Presents at BIDA

    BFTP_NEPA President and CEO Angelo J. Valletta presented at the Berwick Industrial Development Association (BIDA) 60th anniversary celebration on July 12. Describing Ben Franklin’s work, Valletta cited client, OPTiMO Information Technology, Bloomsburg, which had two employees when they first received a Ben Franklin investment and now employ 100. OPTiMO is an IT consulting firm specializing Continue Reading…

  6. Inside Pennsylvania’s Tech Renaissance

    Pennsylvania played a starring role in the industrial revolution, which explains why so many people still associate the state with its industrial roots. But the entrepreneurial spirit woven into Pennsylvania’s DNA, as well as a strategic decision in the 1980s to substantially invest in tech-based economic development, has given way to a thriving tech scene that rivals Continue Reading…

  7. State Budget Includes Investments in Innovation

    The state’s 2022-23 General Fund budget provides an additional $2.5 million in funding for the Ben Franklin Technology Development Authority (BFTDA), which funds Ben Franklin Technology Partners (BFTP), a statewide economic development initiative that invests in and supports high-tech entrepreneurs and startups and innovative manufacturers. Read more.

  8. Ben Franklin Appoints Dannah Hartman as Marketing Associate/Manager

    The Ben Franklin Technology Partners of Northeastern Pennsylvania has announced the appointment of Dannah Hartman to Marketing Associate/Manager. She will work alongside Laura Eppler, Chief Marketing Officer. Before coming to Ben Franklin, Hartman worked in various marketing and fundraising roles in the human services non-profit sector, including as Director of Marketing and Communications for Community Continue Reading…

  1. Ben Franklin Announces Expansion of Solutions Network

    BFTP_NEPA Appoints Nicholas Yarnall and Promotes JoeAnn Comunale                                 The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP_NEPA) distinguishes itself with its enterprise-wide support of early-stage technology firms and established manufacturers. Described as BFTP_NEPA’s “secret sauce,” The Ben Franklin Solutions Continue Reading…

  2. Ben Franklin TechVentures Virtual Tour Available for Viewing

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP_NEPA) technology business incubator, Ben Franklin TechVentures®, is a two-time winner of the International Business Innovation Association’s Incubator of the Year Award. See what makes TechVentures among the world’s best! BFTP_NEPA presented a Ben Franklin TechVentures virtual tour on May 31, 2022. Ben Franklin TechVentures is located on Continue Reading…

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

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP_NEPA) Board of Directors has approved the investment of $150,000 in support of regional economic development. Five companies from BFTP_NEPA’s 21-county service area received funding. BFTP_NEPA announces the following early-stage company investment, which is provided in the form of loans with warrants. Molcube, LLC, Ben Franklin TechVentures, Continue Reading…

  4. Watch the Ben Franklin iXchange Video!

    Watch the iXchange video here. More information about the program and sponsors is here.  The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP_NEPA) presented its annual iXchange virtually at 3:30 PM on Wednesday afternoon, May 18, 2022. This year’s iXchange theme was Innovators: Past, Present, and Future. It included the presentation of six innovation awards Continue Reading…

  5. Report: Ben Franklin Tech Partners created hundreds of jobs in our region

    The Ben Franklin Technology Partners is showing it’s still making quite an impact in Pennsylvania with its 2021 economic impact report. It’s one of the nation’s longest running tech-based economic development programs with one of the largest incubator networks. “We do that by investing and supporting early-stage organizations. Secondly, we do that by supporting new Continue Reading…

  6. Congressman Dan Meuser Visits Bloomsburg Regional Technology Center

    Congressman Dan Meuser visited the Bloomsburg Regional Technology Center (BRTC) business incubator, which is owned and managed by the Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP_NEPA), on Friday, April 22. He and his staff toured the facility and met with Ben Franklin President and CEO Angelo J. Valletta and BRTC staff to learn more Continue Reading…

  7. Ben Franklin Investments Pay Huge Dividends for PA

    Statewide initiative helped clients create 2,438 jobs, retain 12,923 more, and generate $2 billion in revenue, according to 2021 Impact Report Ben Franklin Technology Partners and its network of clients continue to bring to market cutting-edge ideas that directly impact Pennsylvania’s economy by driving investments, fostering the entrepreneurial ecosystem, supporting innovation in established manufacturers, and Continue Reading…

  8. Investing Locally – 6 Pocono-NE Firms Receive Ben Franklin Funding

    Six Firms Receiving Nearly $200K in Combined Investments from the Ben Franklin Technology Partners of Northeastern Pennsylvania. Via the Times-Tribune Scranton and the Citizens’ Voice Wilkes Barre.