1. Ben Franklin to Invest $578,000 in the Regional Economy

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $578,000 in support of regional economic development. Clients are early-stage, technology-based firms and established manufacturers in BFTP/NEP’s 21-county service area. (Coverage via Lehigh Valley Business) Investments that are identified as continuation projects indicate that the client achieved pre-determined Continue Reading…

  2. Gas Pedal to the Floor

    BFTP client, Nick Gilson, CEO of Gilson Snow, Inc., Winfield, manufacturer of innovative snowboards and skis, presents to the PA House of Representatives Policy and Appropriations committees on how BFTP helped his company.

  3. BF TechVentures Hosts PA Latino Convention

    The PA Latino Convention guests’ October 31st visit to Ben Franklin TechVentures included an overview of Ben Franklin Technology Partners support and a panel presentation by TechVentures resident companies that are led by Latinos.

  4. Cernostics’ TissueCypher Accurately Risk Stratifies Barrett’s Esophagus Patients

    Cernostics, developer of AI-driven image analysis solutions for pathology assessment of tissue biopsies, announced two upcoming professional conferences at which the company will present positive clinical evidence supporting its  TissueCypher® Barrett’s Esophagus Assay as a means to improve risk prediction in patients with Barrett’s esophagus in both low-grade dysplasia and non-dysplastic disease. This represents the fourth Continue Reading…

  5. Saladax Validates Rapid Clozapine Point-of-Care Testing to Aid in Treating Schizophrenia

    Saladax Biomedical announced clinical validations of its clozapine point-of-care testing device, MyCareTM Insite, to aid psychiatrists in improving the treatment of patients with schizophrenia. The test uses a single drop of blood and takes six minutes, versus current laboratory-based tests, which require tubes of blood and can take days to get results. MyCare Insite is Continue Reading…

  6. OraSure Honored for Contribution to Life Sciences

    The Lehigh Valley Economic Development Corp. honored Bethlehem-based OraSure Technologies for its contributions to the life sciences industry and company growth. “Lehigh Valley is becoming a microcosm of an innovation hub,” OraSure CEO Stephen Tang said. OraSure and its predecessor, SolarCare Technologies, are Ben Franklin clients. Via LVEDC’s Lehigh Valley Insider; Lehigh Valley Business

  7. OraSure Receives FDA Marketing Approval for Ebola Detection Test

    The U.S. Food and Drug Administration has allowed marketing of  OraSure Technologies’ OraQuick Ebola Rapid Antigen, a rapid diagnostic test to detect Ebola virus antigens in human blood. This test is the first rapid diagnostic test that the FDA has allowed to be marketed in the U.S. for the Ebola Virus Disease, and provides another Continue Reading…

  8. Pa. must do more to help tech-based entrepreneurs

    The key to keeping the sought-after, tech-based entrepreneurs here in Pennsylvania is ensuring they have access to the essential support and resources they need to bring their business ideas to life. However, a recent report by the Brookings Institution found that Pennsylvania is not doing all it can to create jobs and grow its tech-based economy. Continue Reading…

  1. Particle Sciences celebrates $10M expansion

    Particle Sciences, Bethlehem, and its parent company, Lubrizol Corp. celebrated the opening of its $10 million expansion adjacent to its development and clinical trial manufacturing site. With the expanded capacity, the firm will be manufacturing pharmaceutical products for commercial sale by its customers. Via Lehigh Valley Business.

  2. Ben Franklin Venture Idol Start-Up Contestants Announced

    Crowdfunding-Style Event Scheduled for November 6 The Ben Franklin Technology Partners of Northeastern Pennsylvania  will host its sixteenth annual Ben Franklin Venture Idol on Wednesday, November 6, 5:00 – 9:00 PM. The event will be held at the Innovation Institute in Ben Franklin TechVentures®, the award-winning business technology incubator on Lehigh University’s Mountaintop Campus in Continue Reading…

  3. How an Innovation Economy Helps Companies Create Jobs

    Comcast Newsmakers interviews BFTP Director of Statewide Initiatives Ryan Glenn about Pennsylvania’s innovation economy and how we can avoid falling behind other states if we address challenges, as researched by The Brookings Institution. View.

  4. How Berks fits in to PA’s innovation economy

    In August, the Brookings Institute released a report looking at the state of Pennsylvania’s innovation economy, warning that the commonwealth is falling behind in the knowledge-driven economy that propels most advanced industries. The report cites the Ben Franklin Technology Partners as a “national model for technology-based economic development.” But Pennsylvania stopped investing in innovation. After Continue Reading…

  5. BFTP Board Member Jim Peters Appointed COO of Rite Aid

    Rite Aid (NYSE: RAD) has appointed Ben Franklin Board Member Jim Peters as the company’s chief operating officer. Peters will lead all aspects of Rite Aid’s pharmacy and clinical strategy development and execution; health plan, health system and strategic corporate relationships; marketing and merchandising; corporate development, strategy and communications. More.  

  6. Ben Franklin is a proven resource.

    BFTP client, Catherine Bailey, Rea.deeming Beauty, Inc., manufacturer of Beautyblender, presents to the PA House of Representatives Policy and Appropriations committees on how BFTP helped her company.

  7. 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…

  8. 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…