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  1. Straight Arrow Expanding – Need for More Manufacturing Space

    BFTP client Straight Arrow Inc., a manufacturer of hair and skin products for both horses and people, is expanding its production space in Forks Township with a $3M phase 2 project, which will bring an additional 25,000 sf to its existing 110,000 sf. Straight Arrow produces and ships all of its products worldwide from the Continue Reading…

  2. PA needs to invest more in business innovation.

    When I launched Saladax Biomedical Inc. in 2004, we planned to locate in New Jersey. But New Jersey didn’t offer us the support we needed, so we started in Ben Franklin’s business incubator in Bethlehem. Ben Franklin invested in us, introduced us to experts and advised us through many startup issues. We went on to Continue Reading…

  3. TRuCapSol Rethinks Microencapsulation

    The Lehigh Valley’s business incubation ecosystem forms a natural bond between Allentown’s Bridgeworks Enterprise Center and Ben Franklin TechVentures. With a goal of keeping their client in the Lehigh Valley, BFTP connected TruCapSol with Bridgeworks, which had the right size space that the new company could fit out with labs and a pilot plant. Via Continue Reading…

  4. LVstartup Cites BFTP Clients

    LVEDC’s September 2019 LVstartup includes news about Ben Franklin clients/alumni CryoConcepts, LifeAire, OraSure, Polytek, Skillion, and TRuCapSol.

  5. Saladax Develops First Rapid Test to Aid Psychiatrists in Treating Schizophrenia

    Saladax’s MyCare™ Insite Clozapine Test provides results in 6 minutes using a drop of blood from a finger stick, enabling clinicians to develop informed, individualized care plans at the point of care. This is the first and only rapid point-of-care test available with CE mark to aid mental health professionals in the treatment and monitoring Continue Reading…

  6. Ben Franklin Clients Present to PA House Committees

    Three Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) clients presented on their companies and the support they received from BFTP/NEP to more than a dozen members of the Pennsylvania House Majority and Minority Policy Committees and the PA House Appropriations Committee. The event was held on Thursday, September 5 and was cohosted by Representative Continue Reading…

  7. Congressional Start-Up Day at TechVentures

    Shahri Naghshineh, Co-Founder and President of Ben Franklin TechVentures-based LBN, Inc., a  producer of novel surface preparation products, met with Megan Beste, District Director for Congresswoman Susan Wild, at Ben Franklin TechVentures. In recognition of Congressional Start-Up Day on August 21, Beste met with Ben Franklin Technology Partners clients to address questions about federal services Continue Reading…

  8. Polytek Development Corp. Expands with Acquisition

    Polytek Development Corp. in Williams Township (Photo submitted) – Williams Township-based Polytek Development Corp., a manufacturer of specialty polymers for mold making, announced that it has acquired Stone Coat Countertops, an Oregon-based company. Via Lehigh Valley Business.  

  1. OraSure Announces Sale of Cryosurgical Systems Business

    BFTP alumnus client OraSure Technologies, Inc. (NASDAQ:OSUR), Bethlehem, a leader in point-of-care diagnostic tests and specimen collection devices, announced the sale of its cryosurgical systems business to CryoConcepts, LP, Bethlehem, for $12 million. “Our plan is to leverage the Histofreezer® brand to accelerate our introduction of a new generation of cryosurgical products to the professional Continue Reading…

  2. New Brookings Institution Report: PA falling behind other states on innovation

    Pennsylvania could be missing out on job and economic growth as it falls behind other states in fostering investments in innovation, according to a new, independent report by the Brookings Institution’s Metropolitan Policy Program. The study looked at spending by state and local governments, as well as businesses and universities, on research and development and Continue Reading…

  3. East Penn acquires majority share of Navitas Systems

    East Penn Manufacturing Co. acquired a majority interest in Navitas Systems LLC, a global leader in larger-format lithium battery technology and systems for heavy-duty commercial/industrial as well as government/defense market segments. The acquisition will accelerate the Lyons Station-based battery manufacturer’s expansion of its Motive Power battery offering, as well as its strategic integration into other market Continue Reading…

  4. New Brookings Report: Examining Innovation Efforts by Competitor States and National Leaders

    The commonwealth has historically been an innovation leader, and Pennsylvania retains a stable of effective, scalable innovation assets. This includes a robust university system that generates significant R&D, as well as a set of capable technology-based economic development programs that operate across the state. However, in recent years, Pennsylvania’s innovation economy has gone flat, and Continue Reading…

  5. Brookings Institution Report: PA falling behind other states on innovation

    Pennsylvania could be missing out on job and economic growth as it falls behind other states in fostering investments in innovation, according to a recent independent report from the Brookings Institution’s Metropolitan Policy Program. The report looked at spending by state and local governments, as well as businesses and universities, on research and development and Continue Reading…

  6. Transformers tie-in could be transformative for Gilson Snow

    A Pennsylvania manufacturer and BFTP client is hitting the big time as super fans of the Transformers toy line prepare to hit the slopes. Gilson Snow, Sunbury, is now partnering with toy maker Hasbro Inc. to make limited edition Transformers-themed skis and snowboards. Via Lehigh Valley Business: https://bit.ly/2OVCGWM

  7. LifeAire Brings Air Purity to Critical-Care Medical Environments Worldwide

    Medical facilities strive to keep surfaces in critical care environments as sterile as possible. But one of the most serious threats in those areas is in the air surrounding the patients and staff. Airborne chemical and biological pathogens can readily bypass many air filtration measures commonly used by medical facilities. Ben Franklin client LifeAire Systems developed a patented, Continue Reading…

  8. Gilson Snow Selected for Transformer Skis and Snowboards

    Transformers fans celebrate series’ 35th anniversary while hitting the slopes. Gilson Snow revealed its new, exclusive TRANSFORMERS x Gilson 35th Anniversary Collaboration during the TRANSFORMERS panel on July 18 at the Comic-Con convention in San Diego, CA. Hasbro chose Gilson Snow, Winfield, PA, to produce Transformers-themed skis and snowboards. The artwork for these limited supply Continue Reading…