Tag Archives: tech-startups

Win Up To $10,000 Exploring Your Tech Business Idea!

DUBOIS, PA – In the past eight years more than 200 teams have graduated from Ben Franklin’s TechCelerator Startup Boot Camps. These teams turned their ideas, many of which were based on Penn State technology, into successful tech startups. Partnering with Penn State Dubois and the North Central PA Launchbox, Ben Franklin’s TechCelerator @Dubois, is…

WINNERS OF BEN FRANKLIN’S TECHCELERATOR PITCH NIGHT TOOK HOME A TOTAL OF $10,000!

LANCASTER, PA –On Tuesday, November 12, 2019 six local tech-entrepreneurs made pitch presentations to a panel of judges for a chance to win up to $10,000. The audience of more than 70 people who attended also had the opportunity to vote for their favorite pitch. First place ($7,000) as well as the Fan Favorite Vote…

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,…

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…