News & Events

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….

YOUR “BIG IDEA” COULD WIN YOU UP TO $50,000!

LANCASTER, PA – Why Should You Enter Ben Franklin’s BIG IDEA Contest? Because you want to WIN!  The prize money will be a great way to put some cash into your startup. However, the business mentoring, networking opportunities, and feedback from experts are often just as valuable as the cash. If you’ve been thinking about…

INVESTMENT DECISIONS IN STARTUPS ARE BEST MADE WITH YOUR HEAD – NOT YOUR HEART

Investing in a friends’ startup can be risky business -especially for seniors. A recent article in a Philly paper, relayed the story of how in 2013 a father, who was then 82, and his daughter lost nearly a quarter of a million dollars investing in a startup run by a friend whose expertise was in…

Central PA has all the Resources, Assets, and Talent Necessary to Support Emerging World-Class Startups.

For the past fifteen years, I’ve had the privilege of leading the largest early-stage investor group in the region, Ben Franklin Technology Partners. Our particular Center covers a 32-county footprint in the Commonwealth that naturally includes Central Pennsylvania. During my tenure as President and CEO, I’ve had the opportunity to meet first-hand hundreds of tech-entrepreneurs…

Retired Penn State Professor’s Software Really is a “Breath of Fresh Air!

State College, PA – An estimated 80% of adults breathe improperly. Bad habits formed in childhood can lead to serious health problems in later years such as asthma and even strokes brought on as a result of sleep apnea. A software application developed by retired Penn State University Professor Tony Warren, BreatheSimple, offers personalized breath…

How Much Would You Spend To Be Able to Sell Your Products in the Largest Mall in the World?

This one mall sells more than Target, Walmart, Staples and Sears combined. Their growth in 2016 was ten times higher than the next eight largest retailers combined. Every second, shoppers spend more than $140,000 buying a vast array of products that range from clothing to household goods to car parts – new and used! By…

WE CAN HELP YOU GET FROM STARTUP TO UP AND RUNNING!

CENTRAL PA – Have you been thinking about developing or commercializing an innovative product, process, or new software application? Then, you need to think about Ben Franklin Technology Partners! We are looking for budding entrepreneurs, researchers, software developers, or even small existing businesses. Our risk-free BIG IDEA contests have been helping folks start or grow…

SHOULD YOU ENTER A PITCH COMPETITION?

Back in the day, developing a business plan was typically part of an academic exercise.  Student teams came up with product ideas and then pitched their plans to classroom rivals or a panel of instructors from the Business and Engineering Departments.   But, in the past few years – maybe because of Shark Tank, there has…