News

Ben Franklin Technology Partners Ignites Innovation with Strategic Investments!

Ben Franklin Technology Partners of Central and Northern PA is not merely investing in startups; it's championing their dreams and helping them navigate the exciting terrain of technological innovation. Ben Franklin is proud to announce its recent investments in three remarkable tech companies based in central and northern Pennsylvania. These strategic investments will empower these...

Ben Franklin’s 2023 Program Overview

SEE FULL SCREEN An overview of Ben Franklin Technology Partners of Central & Northern PA's work in 2023. The Innovation economy in Pennsylvania is not confined to its urban centers like Pittsburgh and Philadelphia. Every day, entrepreneurs in more rural areas of Pennsylvania channel their creativity into building remarkable products, employing their neighbors, and creating...

Ben Franklin Technology Partners Invests in Ten Companies!

Ten startup companies located in Central and Northern PA recently received an investment from Ben Franklin that will allow them to further develop and commercialize new products, and software applications, or stabilize operations in a long-standing manufacturing business. The Ben Franklin program has been investing in tech startups for nearly 40 years, allocating capital to...

Ben Franklin Technology Partners CNP Re-Invests in Two Startup Companies

At the April 2023 Board of Directors meeting, two startup companies were approved to receive an investment from Ben Franklin Technology Partners of Central and Northern PA, allowing them to further develop a new product, process, or software application. The funding will be used for prototype development, testing of new products, hiring of additional employees,...

Ben Franklin Technology Partners Invests in Eight Startup Companies

Eight startup companies recently received an investment from Ben Franklin Technology Partners of Central and Northern PA, allowing them to further develop a new product, process, or software application. The funding will be used for prototype development, testing of new products, hiring of additional employees, and to help grow company sales. These companies include: Ambient...

Ben Franklin Technology Partners Helped Retain 1,737 Jobs in 2022

Ben Franklin Technology Partners of Central & Northern Pennsylvania and its network of clients continue to bring cutting-edge ideas that impact Pennsylvania’s economy by driving investments, fostering entrepreneurship, supporting innovation in established manufacturers, and attracting and retaining talent. In 2022, Ben Franklin supported the creation of 29 new companies, 253 jobs, and helped clients retain...

Ben Franklin’s Food and Beverage TechCelerator Winners Announced!

On Tuesday, March 28, 2023, Ben Franklin Technology Partners hosted a virtual pitch event for their Food and Beverage TechCelerator. Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, and family for a chance to win money to help launch their startup. The judges awarded two prizes, while friends, family,...

Ben Franklin Welcomes Todd Erdley as New Central Regional Director

Ben Franklin Technology Partners is excited to welcome local serial entrepreneur, Todd Erdley, to our State College-based Investment team effective March 1, 2023. As the Central Regional Director, Todd will be the principal point-of-contact for companies seeking financial investment and business support services from Ben Franklin in our Central Region comprised of Centre, Mifflin and...

Cohort Chosen for Food & Beverage Innovation TechCelerator!

Finalists were selected from a pool of applicants who are all developing new products, processes, and solutions in the agriculture and food/beverage industries that are highly innovative and scalable. The eight finalists will take part in our 10-week business boot camp, designed to help them explore their business ideas further and end the course with...

Startup Launches A New Tool to Protect Vulnerable Adults

Oversubscribed Seed Round of $2 Million Completed by Early Investors Nearly eighteen million people currently have court-appointed guardians or a power of attorney in the United States alone. These decision-makers for elderly or incapacitated individuals are held accountable for maintaining detailed records of every action taken on behalf of the person.  This includes financial records,...