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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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.
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Installation of LifeAire Systems Part of LV Airport’s Federal Grant
The installation of the transformational LifeAire Systems air purification units is part of Lehigh Valley International Airport’s $5 million federal Infrastructure Investment and Jobs Act grant. Ben Franklin client LifeAire Systems’ patented commercial air purification solutions provide a 24×7 kill/remediation that eradicates 99.99% of infectious airborne pathogens in a single pass. The systems have proven and published efficacy Continue Reading…
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Ben Franklin Appoints Dannah Hartman as Marketing Associate/Manager
The Ben Franklin Technology Partners of Northeastern Pennsylvania has announced the appointment of Dannah Hartman to Marketing Associate/Manager. She will work alongside Laura Eppler, Chief Marketing Officer. Before coming to Ben Franklin, Hartman worked in various marketing and fundraising roles in the human services non-profit sector, including as Director of Marketing and Communications for Community Continue Reading…
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Nexii is Betting on Sustainable Construction – NY Times
Although we don’t often associate climate change with buildings and construction, they are responsible for almost 40 percent of global energy-related carbon emissions, according to the United Nations. About 30 percent of these emissions come from building operations (primarily heating, cooling and lighting), and another 11 percent is “embodied” carbon, or carbon released during the construction process itself. Nexii leverages Continue Reading…
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Ben Franklin Announces Expansion of Solutions Network
BFTP_NEPA Appoints Nicholas Yarnall and Promotes JoeAnn Comunale The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP_NEPA) distinguishes itself with its enterprise-wide support of early-stage technology firms and established manufacturers. Described as BFTP_NEPA’s “secret sauce,” The Ben Franklin Solutions Continue Reading…
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Ben Franklin TechVentures Virtual Tour Available for Viewing
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP_NEPA) technology business incubator, Ben Franklin TechVentures®, is a two-time winner of the International Business Innovation Association’s Incubator of the Year Award. See what makes TechVentures among the world’s best! BFTP_NEPA presented a Ben Franklin TechVentures virtual tour on May 31, 2022. Ben Franklin TechVentures is located on Continue Reading…
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Grovara Wins Philadelphia PACT Enterprise Award
Grovara won the Philadelphia PACT’s Emerging Technology Company of the Year at the May 24 Enterprise Award ceremony. Launched at Ben Franklin TechVentures, Ben Franklin NEP client Grovara is the leading B2B global marketplace for wellness brands, connecting natural and organic brands with international retailers. The Grovara platform streamlines the entire process, from product discovery Continue Reading…
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Ben Franklin to Invest $150,000 in the Regional Economy
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP_NEPA) Board of Directors has approved the investment of $150,000 in support of regional economic development. Five companies from BFTP_NEPA’s 21-county service area received funding. BFTP_NEPA announces the following early-stage company investment, which is provided in the form of loans with warrants. Molcube, LLC, Ben Franklin TechVentures, Continue Reading…
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EcoTech Marine Featured on PBS39/WLVT Lehigh Valley Rising
Ben Franklin client EcoTech Marine is featured in Episode 9 of PBS39/WLVT’s Lehigh Valley Rising show that highlights regional lighting companies. WATCH HERE.
