Tech-Startups Get “Their Start” With Ben Franklin Technology Partners!
STATE COLLEGE, PA – Ben Franklin Technology Partners of Central & Northern PA provides funding and business support services to tech-startups and small manufacturers located in our 32-count footprint. Our seed capital is the financial bridge that links a tech-entrepreneurs limited assets to future investment opportunities from banks, angel, or venture capital groups. At the December 2018 Board of Director’s meeting, ten company projects were approved for funding. Listed below are the newest members of the Ben Franklin portfolio:
Located in Erie, PA, CityGrows developed a self-service platform that replaces paper-based forms often used by local governments and municipalities with data-driven, online processes and automated workflow management tools. Visit http://citygro.ws
Located in Cambria County, Eternal Remembrance, LLC, is developing an easy-to-use virtual memorial mobile APP that provides a simple, innovative way to connect, celebrate, and honor a loved one’s memory. Visit www.eternalremembrance.com
Located in Tyrone, PA, Stellar Innovations, LLC, is an emerging manufacturer of innovative, patented flooring assembly systems that provide consumers with beautiful hardwood flooring in a snap-down, floating format. Visit www.stellerinnovations.com
Located in Erie, PA, Rebric, LLC, provides a managed machine learning infrastructure that allows companies to support, monitor, and manage large amounts of data daily without the need for data scientists or dedicated operational staff. Visit http://rebric.io
Also located in Erie, PA, SimpleSense, Inc., deploys building occupancy sensors that route first responders to victims faster. The company’s infrared sensors use sensor fusion and intelligent algorithms that not only reduce response time but also provide actionable, situational awareness. Visit www.simplesense.io
Located in Lancaster, PA, MajorMega, LLC, has developed software that creates a cutting-edge virtual reality experience using a mechanical platform, custom wind systems, heating dispensers and proprietary force-feedback input devices that can simulate any environment. Visit www.majormega.com
Also located in Lancaster, PA, Benefix, has developed a one-stop-shop SaaS platform that empowers insurance brokers with the information they need while simplifying the current complex process of selling and enrolling benefit products. Visit www.Benefix.us
Located in Indiana, PA, Schroth Industries, has identified a new, value added, coating process that treats wooden marine and utility poles. The product, which is a polyurea formulation, acts as a physical barrier between the poles and the environment. Visit www.schrothindustriesinc.com
Located in Brookville, PA, Miller Fabrication Solutions, is working with Lehigh University to develop an improved set of cost estimating tools that can be used to increase the speed and accuracy of their metal fabricating estimating process
Located in Bedford, PA, Mission Critical Solutions, is working with Penn State University to conduct an analysis of metal finned tube foundation (MFTF) designs and performance. The results of the study will enable the likely adoption of MFTFs by engineers and construction companies who develop project specs.
Tech-startups are inherently risky. Ben Franklin’s goal is to share that risk with the entrepreneur while providing a funding opportunity that does not require fees, points, collateral, or personal guarantees. If you are developing a new, innovative product, process, or software application, let us help you get from Startup to UP and running! For more information, visit http://cnp.benfranklin.org
We Invest in Innovation
About Ben Franklin Technology Partners:
The largest early-stage investor in our region, Ben Franklin Technology Partners/CNP, (an initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority) provides funding and business support services to emerging tech-based companies and small, existing manufacturers.www.cnp.benfranklin.org.