Ben Franklin iXchange 2019

Tuesday, May 21, 2019 4:30 PM to 8:30 PM

 

 

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The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP), creates and retains highly paid, sustainable jobs by investing in and linking companies with experts, universities, follow-on funding, and other resources to help them prosper through innovation.  It is part of a four-center economic development initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority,

BFTP/NEP’s strategy encompasses three key areas:

1. developing early-stage technology-oriented companies

2. supporting established manufacturers as they creatively apply new technology to help them succeed globally by producing better, cheaper, and faster;

3. promoting an innovative community-wide infrastructure that supports Pennsylvania's business technology ecosystem.

Since beginning operation, BFTP/NEP has helped to create 18,056 new jobs for Pennsylvania workers and to retain 31,840 existing jobs, to start 511 new companies, and to develop 1,733 new products and processes. Since 2007, BFTP/NEP clients have generated $1.5 billion in follow-on funding. The Pennsylvania Ben Franklin Technology Partners network has returned $3.90 to the state treasury for every $1.00 invested in the program.

BFTP/NEP owns, manages, and is headquartered in Ben Franklin TechVentures®, an award-winning business incubator/post-incubator facility on Lehigh University’s campus in Bethlehem. BFTP/NEP also owns and manages the Bloomsburg Regional Technology Center in Bloomsburg. Applying more than 35 years of experience and two international awards for excellence in business incubation, BFTP/NEP leads a 13-member northeastern Pennsylvania business incubator network.

The Ben Franklin Technology Partners of Northeastern Pennsylvania