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  1. Pennsylvania & the Importance of Government-Funded Venture Capital

    Published by RealClear Policy, 11/29/21, OpEd by Angelo J. Valletta, President and CEO, Ben Franklin Technology Partners of Northeastern Pennsylvania In 1983, northeastern Pennsylvania confronted serious financial challenges. The regional economy, largely dependent on heavy manufacturing after the anthracite coal industry collapsed in the 1950s, had significantly declined; companies and jobs were offshoring due to Continue Reading…

  2. studio BE Wins Chamber Connect Icon Award

    Jennifer Ciarimboli, CEO of studio BE, accepted the Connect Icon Award at the Greater Wyoming Valley Chamber of Commerce annual dinner on Nov. 18. The award was presented by Ken Okrepkie, BFTP/NEP Regional Manager, Pocono Northeast. View here, at 1:11:02 – 1:17:30.

  3. Mussel Polymers developing glue that stays sticky when wet

    For much of the last 25 years, Mussel Polymers Inc. CEO, George Boyajian, has worked as a technology executive specializing in breakthrough technologies. Along with his business partner, Mussel CFO Eric Anderson, they have helped launch a number of tech start-ups. They were looking for the next tech breakthrough that had a little muscle. What they Continue Reading…

  4. 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…

  5. Terra Health Coaching Added to American College of Lifestyle Medicine Corporate Roundtable

    “Terra equips health professionals with a resource to support patients’ behavior change beyond the exam room.” The American College of Lifestyle Medicine (ACLM) has announced the addition of Terra Health Coaching to its Lifestyle Medicine Corporate Roundtable, a group of thought leaders and industry professionals who explore effective clinical innovations, activate marketing strategies, accelerate reimbursement Continue Reading…

  6. Saladax Biomedical CEO Dr. Sal Salamone Wins Prestigious Dr. C.E. Pippenger Award

    Salvatore J. Salamone, Ph.D., CEO of BFTP client Saladax Biomedical,  received the prestigious Dr. C.E. Pippenger Award at the 2021 International Association of Therapeutic Drug Monitoring and Clinical Toxicology (IATDMCT) annual meeting in Rome, Italy. This award is given to individuals who have made outstanding contributions to the field of Therapeutic Drug Monitoring (TDM). TDM Continue Reading…

  7. FDA Authorizes OraSure InteliSwab COVID-19 Rapid Tests for OTC, Single-Use, At-Home Testing 

    OraSure Technologies, Inc. (NASDAQ: OSUR), a global leader in point-of-care and home diagnostic testing and sample collection technologies, announced that the Emergency Use Authorization for its InteliSwab™ COVID-19 rapid tests has been amended by the U.S. Food and Drug Administration (FDA) to only require one test for individuals with symptoms of COVID-19. Previously, the at-home Continue Reading…

  8. 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…

  1. 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…

  2. 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…

  3. 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…

  4. 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…

  5. UBMe Launches New UBMeFood.com

    UBMe has launched a new service, UBMeFood.com, an online ordering platform for restaurant owners. UBMe, which is a Bethlehem-based tech startup, began working with restaurant owners during the COVID-19 shutdown to eliminate the extra costs and fees associated with some online ordering systems. It noted that companies like DoorDash and Grubhub can take more than 30% Continue Reading…

  6. 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…

  7. 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…

  8. OraSure Earns $205M Federal Contract for Rapid COVID-19 test

    BFTP alum client OraSure Technologies, Bethlehem, secured a $205 million contract from the Defense Logistics Agency to supply its InteliSwab over-the-counter COVID-19 test kits as part of the national pandemic response. OraSure will provide the test to up to 25,000 sites throughout the United States and the tests will be funded by the U.S. federal government. Continue Reading…