Tag Archives: startup funding in PA

BEN FRANKLIN PORTFOLIO COMPANIES PITCH AT INVENT PENN STATE VENTURE AND IP CONFERENCE!

STATE COLLEGE, PA – At last week’s Invent Penn State Venture and IP Conference, more than a dozen clients in the Ben Franklin Technology Partners’ portfolio had the opportunity to showcase their company’s growth and market potential to a distinguished list of potential investors. The Invent Penn State Venture & IP Conference, which was co-sponsored…

CONGRATULATIONS TO FIVE STARTUPS THAT RECEIVED BEN FRANKLIN FUNDING

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,…

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…

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…