BFTP’s 2017 BIG IDEA Business Plan Contest

Penn State EdTech Network is looking to identify, support, and fund local educational technology solutions in Pennsylvania.

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BF’s Shale Gas Innovation & Commercialization Center

Helping to commercialize new, safe technologies in the shale gas industry.

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Need Startup Funding But Don’t Have Collateral? No Problem.

Where else can you go in Pennsylvania to get startup funding with no fees, points, or collateral – and then take ten years to pay it back!  Our Ben Franklin Center has been investing in tech-startups located in central and northern PA for more than 30 years.

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Quick Facts About the Ben Franklin Program

  • We make investments in tech-based startups and small manufacturers located in our 32-county footprint
  • Clients use our funding to develop innovative tech products or processes that can be protected in some way
  • Our investments are “phased” over a three to four year time frame and typically don’t exceed $500,000
  • We offer business support services including help accessing follow-on funding opportunities
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  • Without Ben Franklin, Videon would never be the world leader we are today. We employ nearly 100 people who are developing solutions on par with our strongest competition in Silicon Valley.

    Todd Erdley, Videon Central
  • During the early days of the company, it was Ben Franklin’s funding that kept us afloat. We knew that SilcoTek would grow tremendously, but that it would take time. Ben Franklin’s investment bought us that time.

    Paul Silvis, CEO, SilcoTek
  • The Ben Franklin TechCelerator mentorship program was an integral part of our development. It helped us build the foundation we needed to start our business venture.

    Kyle Musco, Moena
  • Ben Franklin’s investment in my company was the seed that helped us develop a whole line of patent-protected lab products. We were eventually able to purchase a hematology instruments business to fill out our product offering. I’m proud to say that we’ve put more than 100 tax-paying people to work in Centre County, from assemblers to PhD Bio-Engineers.

    Ken Moscone, Drucker Diagnostics
  • My first company failed. Flat out failed. The only group willing to help me at the lowest depths of my professional career was Ben Franklin. John Vidmar and the Transformation’s Team gave me advice, gave me hope and encouraged me to start again.

    Todd Erdley, Videon Central

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