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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.
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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.
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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…
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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…
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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…
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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…
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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.
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Mussel Polymers developing glue that stays sticky when wet
For much of the last 25 years, Mussel Polymers Inc. CEO, George Boyajian, has worked as a technology executive specializing in breakthrough technologies. Along with his business partner, Mussel CFO Eric Anderson, they have helped launch a number of tech start-ups. They were looking for the next tech breakthrough that had a little muscle. What they Continue Reading…
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Mussel Polymers Wins Ben Franklin Venture Idol
Mussel Polymers, Inc., Ben Franklin TechVentures, Bethlehem, won the 18th annual Ben Franklin Venture Idol, held virtually on Tuesday evening, November 9, 2021. Ben Franklin Venture Idol is a cross between Shark Tank® and American Idol®. More than 200 guests attended the online event, which illustrates a significant way in which early-stage entrepreneurs seek and obtain Continue Reading…
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Terra Health Coaching Added to American College of Lifestyle Medicine Corporate Roundtable
“Terra equips health professionals with a resource to support patients’ behavior change beyond the exam room.” The American College of Lifestyle Medicine (ACLM) has announced the addition of Terra Health Coaching to its Lifestyle Medicine Corporate Roundtable, a group of thought leaders and industry professionals who explore effective clinical innovations, activate marketing strategies, accelerate reimbursement Continue Reading…
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Saladax Biomedical CEO Dr. Sal Salamone Wins Prestigious Dr. C.E. Pippenger Award
Salvatore J. Salamone, Ph.D., CEO of BFTP client Saladax Biomedical, received the prestigious Dr. C.E. Pippenger Award at the 2021 International Association of Therapeutic Drug Monitoring and Clinical Toxicology (IATDMCT) annual meeting in Rome, Italy. This award is given to individuals who have made outstanding contributions to the field of Therapeutic Drug Monitoring (TDM). TDM Continue Reading…
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FDA Authorizes OraSure InteliSwab COVID-19 Rapid Tests for OTC, Single-Use, At-Home Testing
OraSure Technologies, Inc. (NASDAQ: OSUR), a global leader in point-of-care and home diagnostic testing and sample collection technologies, announced that the Emergency Use Authorization for its InteliSwab™ COVID-19 rapid tests has been amended by the U.S. Food and Drug Administration (FDA) to only require one test for individuals with symptoms of COVID-19. Previously, the at-home Continue Reading…
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DCED and BFTDA Leaders Visit Ben Franklin TechVentures
BFTP/NEP President and CEO Angelo Valletta and the leadership team welcomed Dennis Davin, Secretary of the Pennsylvania Department of Community and Economic Development (DCED); Steve D’Ettorre, Deputy Secretary of Technology and Innovation, PA DCED; and Jennifer Leinbach, Executive Director of the PA DCED Office of Technology and Innovation and the Ben Franklin Technology Development Authority, Continue Reading…
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Ben Franklin to Invest $209,800 in 5 Companies
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $209,800 in support of regional economic development. Five companies from BFTP/NEP’s 21-county service area received funding. BFTP/NEP announces the following early-stage company investments, which are provided in the form of loans with warrants. Cliquify, Inc., Macungie, Lehigh County Continue Reading…
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Innovation Wins! – TV / VIDEO SERIES
Watch Ben Franklin clients and partners on Innovation Wins! New shows release every 2 weeks. The Ben Franklin Technology Partners of Northeastern Pennsylvania is presenting an exciting TV series, Innovation Wins, hosted by President and CEO, Angelo Valletta, and BFTP/NEP’s enterprise developers. Innovation Wins gives viewers a “sneak peek” at some of the most exciting Continue Reading…
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BFTP CEO Angelo Valletta Featured in LVEDC’s New Executive Series
In this 30-minute interview, LVEDC President and CEO Don Cunningham interviews BFTP/NEP President and CEO Angelo Valletta on a wide range of topics, including the process through which BFTP/NEP decides when and how to support early-stage firms and innovative manufacturers, as well as major companies that have previously gone through Ben Franklin, such as OraSure Continue Reading…
