STATE COLLEGE, PA – At the September 2019 Board of Director’s meeting the largest early-stage investor in the region, Ben Franklin Technology Partners added five additional startups to its portfolio of funded clients. Below are brief descriptions of the innovations developed by the companies. Argolytics, LLC, located in State College, developed a web-based software solution,…
BEN FRANKLIN’S TECHCELERATOR@ERIE ANNOUNCES PITCH CONTEST WINNERS!
ERIE, PA – At a standing room only event on August 21, 2019 in Knowledge Park at Penn State Erie, five entrepreneurs, who had been participating in an intensive, ten-week startup program, made pitches to a panel of local judges in hopes of taking home a cash prize of $10,000. The judges ultimately chose two…
Ben Franklin Invests in Tech Startups that Create Jobs and Help Grow the PA Economy!
STATE COLLEGE, PA – More than a dozen small companies located in central and northern PA recently received an investment from Ben Franklin that will allow them to further develop a new product, process, or software application. Listed below are the companies that recently received funding and business support services: AE Resources, located in Lewis…
Win Up To $10,000 Exploring Your Tech-Business Idea!
STATE COLLEGE, PA – In the past seven years more than 100 teams have graduated from Ben Franklin’s TechCelerator@State College. These teams turned their ideas, many of which were based on Penn State technology, into 114 tech startups. Partnering with the Invent Penn State initiative, Ben Franklin’s TechCelerator @State College, is inviting local entrepreneurs, students,…
YOUR BIG IDEA COULD BE WORTH BIG BUCKS!
DUBOIS, PA – There’s up to $50,000 on the line! You don’t need to be an inventor, scientist, or historic statesmen like Ben Franklin in order to win this year’s BIG IDEA contest. Ben Franklin Technology Partners is looking for tech entrepreneurs, developers, or small manufacturers who are creating innovative new products, processes, or software…
Ben Franklin Grew Pa.’s Economy by $4.1 Billion, Created 11,407 Jobs from 2012 to 2016: Challenges remain because of state funding shortfalls
STATE COLLEGE, Pa. (Jan. 9, 2019) — With a focus on startups and innovation, Ben Franklin Technology Partners (BFTP) remains a powerful job creation and high-tech economic development engine for Pennsylvania, according to the latest independent economic analysis of the organization. But state funding shortfalls are starting to curtail the partners’ ability to fund companies…
Wolf Administration Announces New Opportunities for Tech Entrepreneurs to Develop Innovative Government Solutions
FOR IMMEDIATE RELEASE November 2, 2018 Harrisburg, PA – The Wolf Administration announced today that Pennsylvania is offering opportunities to tech entrepreneurs and startup companies to grow their business by connecting with government clients and developing solutions to make governmental processes more efficient. “The Startup in Residence (STiR) program has a proven track record of…
ACOUSTIC TECHNOLOGY DEVELOPED BY PSU ENGINEERING GRADS IS MAKING SOME NOISE IN LOCAL BREWING COMPANY!
STATE COLLEGE, PA – Doesn’t a cold, frosty beer sound good? Turns out, it actually does! Founded by three Penn State University engineering graduates, TZero Labs www.tzerolabs.com is a sensor technology and data-company that lets brew masters “hear the beer” as it ferments. The team at TZero, two brothers, Stephen and Nick Wells, along with…
LARGE MULTI-NATIONAL CORPORATION PUTS A “NEW SPIN” ON A SMALL LOCAL MANUFACTURER
ERIE, PA – More than 15 years ago, a Penn State Erie faculty member, Tom Briselden and his team at Spin-Works LLC, developed an innovative, silicon-carbide radiant tube insert called a SpyroCor. The twisted “Y” design produced non-turbulent, high convection flow creating a high rate of uniform heat transfer. At the time, there were more…
Global Leader in Salivary Bioscience is Grateful for Ben Franklin’s Investment
State College, PA – Salimetrics, a company that is widely regarded as a global leader in salivary bioscience, got its start nearly 20 years ago with an investment from Ben Franklin Technology Partners, and then received additional funding from the program for a buyout of early-stage investors in 2012. The founder of the company, Dr….