Ben Franklin News

New Angel Investor Fund Spearheaded by NEPA Alliance

Pat Sandone is an entrepreneur who built highly successful web solutions provider and Ben Franklin client Net Driven, which employs 100, and from which he successfully exited in 2015. Sandone is among the first investors in StartUP NEPA, a new angel investor fund being spearheaded by the Northeastern Pennsylvania Alliance (NEPA). Fund organizers at the NEPA Alliance say the region has plenty of Net Driven stories, reaching up from the margins, just waiting for the right angel to lift them out.

Ben Franklin was among like-minded workforce and business development agencies to sign memoranda of understanding with the Alliance, expressing support for StartUP. “Anything we do, obviously, we hope will complement Ben Franklin and all the economic development programs in the region and the state,” said Kurt Bauman, vice president of community and economic development for the NEPA Alliance.

More via Northeast PA Business Journal.