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Entrepreneur to Investor – Full-Circle Innovation
One good investment deserves another. That’s the philosophy of entrepreneur-turned-investor Marsha Wender Timmerman, who exited successfully as a founder of two early-stage technology firms and then became an early investor herself. Marsha Timmerman’s story is one of tenacity and resilience during a time of change in the role of female entrepreneurs. It was also a Continue Reading…
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BFTP Publishes New Annual Report: Resilience
The resilience of so many BFTP clients during the pandemic helped us innovate to recovery, and created and retained highly paid, sustainable tech-based jobs. BFTP’s 2021 Annual Report: Resilience is available online and in print.
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TechVentures featured on PBS39/WLVT Lehigh Valley Rising
Ben Franklin TechVentures and Ben Franklin clients LifeAire Systems, Mussel Polymers, and Thread BioScience were featured on episode 5 of PBS39/WLVT‘s new series, Lehigh Valley Rising, along with colleague Lehigh Valley incubators, BridgeWorks Enterprise Center, Allentown, a member of the Ben Franklin Business Incubator Network; and Pi: Partnership for Innovation, Bethlehem. VIEW HERE.
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Ben Franklin Invests $400,000 in 2 Companies
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $400,000 in support of regional economic development. Two early-stage companies received funding. Grovara, LLC, www.grovara.com, Philadelphia; launched in Ben Franklin TechVentures, Bethlehem, Northampton County Ben Franklin Investment: $200,000 Continue to expand a web-based marketplace platform that connects “Made Continue Reading…
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Ben Franklin to Invest $495,000 in 11 Companies
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $495,000 in support of regional economic development. Eleven companies from BFTP/NEP’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…
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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…
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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…
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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…
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Innovation Wins! – TV / VIDEO SERIES
Watch Ben Franklin clients and partners on Innovation Wins! New shows release every 2 weeks. 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. Innovation Wins gives viewers a “sneak peek” at some of the most exciting Continue Reading…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
