Existing Manufacturers

BFTP/CNP provides funding and business support services to established companies that meet certain criteria. If the business has been viable for several years, has less than 250 employees and is engaging in either product development or process improvements that will allow entry into a new market segment or help provide the company with a needed competitive advantage,  a BF investment opportunity may exist.

Our goal is to help the company create or retain employment levels. We also provide a variety of networking services, linking existing manufactures to technical resources through our university partners and centers of excellence and financial resources through our extensive contacts in the venture capital and angel investor communities. Our investments , which do require a cash and/or in-kind match by the company, are classified as Phase Four projects and typically do not exceed $250,000. Click here to read more.

Industry Specific Resources:  Innovation Adoption Grant Program.

The purpose of this program is to create the opportunity for existing manufacturers to team with a university research partner of their choosing in order to develop innovative, proprietary products.  This new initiative enables an eligible company to receive a $25,000 grant, which they must match 1:1 in cash.  The money will be used to pay for faculty time, lab time, and design input from the university or research facility chosen by the company.  The company and the university partner must have an IP ownership agreement prior to any work being started. At the completion of the research portion of the project, if the company desires to move forward with sales and marketing efforts and requires further funding, they would be able to take advantage of the traditional BF/CNP Existing-Business/Stage Four investment program.