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  1. Sivana Converting to Add 400 Jobs at Sunbury Plant

    The owner of an incoming industrial hemp manufacturer expects at least 400 jobs by the time it reaches full production in summer 2023. Ben Franklin client Sivana Converting LLC‘s CEO, Soheil Shahrooz, recently provided a tour to U.S. Rep. Fred Keller, R-12, and other local officials of the 350,000-square-foot space that once housed the former Continue Reading…

  2. BFTP Job Opportunity: Client Support Specialist

    The Ben Franklin Technology Partners invites applications for Client Support Specialist. The Client Support Specialist is responsible for ensuring that clients in the BFTP/NEP portfolio receive the best possible support from our team, from outside advisors and experts, and from service providers and vendors when we introduce them or pay for their services. We call this Continue Reading…

  3. Bethlehem Mayor Reynolds and Staff Visit TechVentures

    Bethlehem Mayor William Reynolds and his staff met with Ben Franklin staff and had a tour of Ben Franklin TechVentures on February 16. Ben Franklin TechVentures is Ben Franklin Technology Partners’ award-winning technology incubator/post-incubator, located on Lehigh University’s Mountaintop Campus in Bethlehem. Pictured with “Ben Franklin” at the entry to Ben Franklin TechVentures (seated, l Continue Reading…

  4. BFTP Promotes Kimberly Valuntas to Regional Manager, Reading/Greater Berks

    Ben Franklin has promoted Kimberly L. Valuntas to Regional Manager, Reading/Greater Berks County. Valuntas will succeed Connie R. Faylor, who will retire after more than 30 years of service on June 30. Valuntas will lead and actively contribute to the regional technology ecosystem, working with business and industry groups, elected officials, economic development colleagues, higher Continue Reading…

  5. Investments in Innovation Keep Pa.’s Economy Growing

    State budget proposes $22 million for Ben Franklin HARRISBURG, Pa. (Feb. 8, 2022) — Recognizing the importance of investments in innovation to drive Pennsylvania’s new economy and sustain its growth, Gov. Tom Wolf’s 2022-23 draft spending plan proposes at least $22 million for Ben Franklin Technology Partners. The funding, which amounts to a $2 million Continue Reading…

  6. LifeAire Systems Installed at Phoebe Allentown

    Phoebe Allentown Health Care Center is the first long-term care community to install a cutting-edge, medical-grade air purification system from Ben Franklin client LifeAire Systems as part of a double-blind research study performed on site. The outcomes from the research study were overwhelmingly positive for the long-term care setting. The AAPT reduced the levels of Continue Reading…

  7. Small business incubators grow companies, jobs, and networks

    Laura Eppler, chief marketing officer for Ben Franklin Technology Partners of Northeastern Pennsylvania, said Ben Franklin TechVentures typically houses 30-40 companies at one time. Currently, they have 34 in the technology-based sectors, including life sciences, electronics, materials, advanced manufacturing, and computer applications.   “Companies typically stay for five years, and life science companies can stay Continue Reading…

  8. Entrepreneur to Investor – Full-Circle Innovation

    One good investment deserves another. That’s the philosophy of entrepreneur-turned-investor Marsha Wender Timmerman, who exited successfully as a founder of two early-stage technology firms and then became an early investor herself. Marsha Timmerman’s story is one of tenacity and resilience during a time of change in the role of female entrepreneurs. It was also a Continue Reading…

  1. MDSlink MAKES MaGiC™

    Ben Franklin Client MDSLink EXTENDS FIBER NETWORKS WITH 2.5 GBPS DATA RATES OVER COAX In response to the fiber buildout worldwide and the continuous demand for reliable bandwidth, MDSLink, Inc., based in Ben Franklin TechVentures, Bethlehem, is now offering MaGiC™, a very high-performance networking module that uses the existing coax. MaGiC is a cost-effective, easy-to-install Continue Reading…

  2. BFTP Publishes New Annual Report: Resilience

    The resilience of so many BFTP clients during the pandemic helped us innovate to recovery, and created and retained highly paid, sustainable tech-based jobs. BFTP’s 2021 Annual Report: Resilience is available online and in print.

  3. TechVentures featured on PBS39/WLVT Lehigh Valley Rising

    Ben Franklin TechVentures and Ben Franklin clients LifeAire Systems, Mussel Polymers, and Thread BioScience were featured on episode 5 of PBS39/WLVT‘s new series, Lehigh Valley Rising, along with colleague Lehigh Valley incubators, BridgeWorks Enterprise Center, Allentown, a member of the Ben Franklin Business Incubator Network; and Pi: Partnership for Innovation, Bethlehem. VIEW HERE.

  4. Intuidex Teams With Quub to Launch Next-Gen PicoSatellite on SpaceX Rocket

    BFTP client and Ben Franklin TechVentures resident company, Intuidex, Inc., a provider of cutting-edge defense software and technology, has teamed with Quub (Mini-Cubes, LLC), a satellite manufacturer, to produce and launch a first-of-its-kind, high functionality, low-cost satellite (picosat) to provide enhanced situational awareness and early warning anomaly detection using sensor data. Satellites with this type Continue Reading…

  5. Ben Franklin Invests $400,000 in 2 Companies

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $400,000 in support of regional economic development. Two early-stage companies received funding. Grovara, LLC, www.grovara.com, Philadelphia; launched in Ben Franklin TechVentures, Bethlehem, Northampton County Ben Franklin Investment: $200,000 Continue to expand a web-based marketplace platform that connects “Made Continue Reading…

  6. Ben Franklin to Invest $495,000 in 11 Companies

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $495,000 in support of regional economic development. Eleven companies from BFTP/NEP’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…

  7. 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…

  8. 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.