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  1. Ben Franklin Northeast to receive $19+ Million over several years through PA’s Dept. of Community and Economic Development

    Governor Tom Wolf announced that Pennsylvania has awarded $246.8 million in American Rescue Plan funding, through the State Small Business Credit Initiative (SSBCI), to local economic development partners to make direct equity investments and loans to small businesses to spur success and job creation opportunities across the commonwealth. “The dollars awarded today will help businesses Continue Reading…

  2. Mussel Polymers New Product Launch of Coral Glue

    Ben Franklin client Mussel Polymers presents new product launch of coral glue, SeaTak, at MACNA conference in Milwaukee. View interview.

  3. LifeAire Presents Air Purification Roundtable at TechVentures

    Sixty-nine to 80 percent of pathogens that cause illness and infections are airborne, according to Dr. Kathryn Worrilow, founder and chief executive officer of Ben Franklin client, LifeAire Systems. That statistic, presented at a roundtable discussion at Ben Franklin TechVentures, should make anyone wary of getting shoulder-to-shoulder in a crowd. Worrilow’s presentation to some area Continue Reading…

  4. New Ben Franklin Award at FACTORY’s StartUp Lehigh Valley

    More than $30,000 in prize money up for grabs in 4th annual StartUp Lehigh Valley pitch competition for entrepreneurs StartUp Lehigh Valley, a pitch competition for entrepreneurs developed and hosted by Factory LLC, is back for a fourth year! This year’s competition will be held live at Factory’s headquarters in south Bethlehem broadcast and streamed live on 69 Continue Reading…

  5. Gov. Wolf Announces New Tech Jobs with Expansion of iDEAL Semiconductor

    Governor Tom Wolf announced that Ben Franklin client, iDEAL Semiconductor Devices, Inc., a fabless semiconductor company, plans to expand its technology research and development and create at least 63 new, high-paying jobs in the Lehigh Valley. “This is exactly the type of project my administration is proud to invest in – it’s a big win Continue Reading…

  6. Ben Franklin to Invest $134,750 in the Regional Economy  

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP_NEPA) Board of Directors has approved the investment of $134,750 in support of regional economic development. Three companies from BFTP_NEPA’s 21-county service area received funding. The investment identified as a continuation project indicates that the client achieved pre-determined milestones and is receiving more funding to accomplish additional Continue Reading…

  7. Coexist Build on Dezeen Award Longlist in Sustainable Building

    Ben Franklin client Coexist Build, LLC, Blandon is on the longlist for a prestigious Dezeen Award in Sustainable Building for its product, The Traveler. The Traveler is a do-it-yourself kit for a backyard office or cabin retreat designed and curated for optimal performance, comfort, and health. Dezeen Awards is the world’s most popular architecture, interiors, Continue Reading…

  8. The 7 Rs of Leadership and Life

    By Angelo J. Valletta, President and CEO, Ben Franklin Technology Partners of Northeastern Pennsylvania An organization is more than a producer of goods or services; it is part of the fabric of the communities in which it serves. Over my nearly four decades in leadership roles in the financial, nonprofit, and public sectors, I have Continue Reading…

  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. USSF Oral COVID Vaccine Phase 1 Testing Complete

    With Phase 1 testing now complete and showing positive results, Ben Franklin client US Specialty Formulations, Allentown, is moving forward with its oral COVID-19 vaccine. The company is partnering with Ben Franklin client and TechVentures resident VaxForm, Bethlehem, to bring a vaccine to market that company leaders believe will be easier to tolerate and more effective Continue Reading…

  4. 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…

  5. 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…

  6. 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…

  7. 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…

  8. 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.