News & Events

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…

Where does Pa. rank for tech-based investments?

Everyone knows a good thing when they see it. That’s why Ben Franklin Technology Partners, created more than 35 years ago with broad bipartisan support, has become one of the most widely known and emulated state technology-based economic development programs in the nation. Since its inception, Ben Franklin has invested in more than 4,500 technology-based…

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….

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…