Regardless of the market your product will serve or the industry you are currently working in, those who are successful in getting Ben Franklin funding all have one thing in common.
They have the ability not only to develop a new technology but also the intention of commercializing their innovation in order to start or grow a business that will create high-paying jobs.
What do you need to be eligible for Ben Franklin funding?
- First, you need to be located in the 32 county footprint we serve. Click here for a complete listing of eligible counties.
- Second, you need some way to protect your “intellectual property” either through the patent process, trademarking, encryption, or just plain old “secret sauce.”
- Third, as you might suspect, you will need some cash of your own to “match” our investment. Ben Franklin funding is not a small business grant; there is a user-friendly payback process that begins once your engagement with us is over. We use the payback from successful projects to continue funding new startups in Pennsylvania.