Tag Archives: innovation

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…

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…

Sixty-One Startups Got Their “START” With Ben Franklin’s TechCelerator @State College!

STATE COLLEGE, PA – With sixty-one companies launched that have raised more than $20 million in start-up funds and generated nearly $8 million in revenue, this proven methodology can work for you too! Ben Franklin’s TechCelerator @State College is inviting area entrepreneurs, researchers, and grad-students to participate in their next 10-Week Boot Camp. If you…

Ben Franklin Technology Partners Invests More Than $2.5 Million in PA Tech-Startups!

STATE COLLEGE, PA – The Board of Directors for Ben Franklin Technology Partners of Central and Northern PA recently approved investments totaling more than $2.5 million in companies located in the Center’s 32-county footprint . While each of the companies serves different markets and are in various stages of their business development, they all took…

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…

BF Alum Company, Data Inventions, Receives Investment from CincyTech and NCT Ventures

CincyTech and NCT Ventures are pleased to announce investment in Data Inventions, a technology company that brings new life to conventional manufacturing. The Data Inventions platform adds a layer of front line analytics to traditional machine tools. The resulting insights enable midsize manufacturers to take immediate actions to get the most out of their operations,…