BFTP/SEP | Ben Franklin 4 PA

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Ben Franklin Technology Partners has earned international acclaim as the gold standard in technology-based economic development. The risks associated with underfunding the centers are clear.

Ben Franklin Technology Partners Has Closed On $28M As Part Of Largest-Ever Fund

Philadelphia Business Journal

Nov 10, 20232 min read

Ben Franklin Technology Partners Has Closed On $28M As Part Of Largest-Ever Fund

Ben Franklin Technology Partners has raised its largest ever amount of capital, securing $28 million towards its $100 million statewide fund

Gov. Wolf: $246 Million Awarded to Support Small Businesses Across Pennsylvania

Ben Franklin 4 PA

Sep 14, 20223 min read

Gov. Wolf: $246 Million Awarded to Support Small Businesses Across Pennsylvania

Direct Venture Investment funding has been awarded to Ben Franklin Technology Partners through the State Small Business Credit Initiative.

Omar Mencin

Aug 10, 20222 min read

‘Is it the right time to do this?’

Omar Mencin, Ben Franklin/SEP managing director of tech, has some suggestions on whether now is the best moment to build a company

State Budget Includes Investments in Innovation

Ben Franklin 4 PA

Jul 11, 20222 min read

State Budget Includes Investments in Innovation

The line item for BFTDA, which is included within the budget for (DCED), will rise from $14.5 million to $17 million in the 2022-23 budget.

Philadelphia on the cusp of becoming a top 10 startup ecosystem in the U.S., report finds

Philadelphia Business Journal

Jun 16, 20222 min read

Philadelphia on the cusp of becoming a top 10 startup ecosystem in the U.S., report finds

Ben Franklin Technology Partners, University City Science Center & Drexel University worked with Startup Genome to produce report

Ben Franklin Investments Pay Huge Dividends for Pa.

Ben Franklin 4 PA

Apr 26, 20222 min read

Ben Franklin Investments Pay Huge Dividends for Pa.

Statewide initiative helped clients create 2,438 jobs, retain 12,923 more, & generate $2 billion in revenue, according to 2021 Impact Report

Gov. Wolf's proposed budget would give Ben Franklin Technology Partners $8M to fund more startups

Philadelphia Business Journal

Feb 15, 20222 min read

Gov. Wolf's proposed budget would give Ben Franklin Technology Partners $8M to fund more startups

BFTP currently funds about 50 startups per year, and the new funding proposed by Gov. Wolf could support an additional 10 to 15 companies

Ben Franklin Technology Partners forms 4-person health care investment group

Philadelphia Business Journal

Nov 11, 20211 min read

Ben Franklin Technology Partners forms 4-person health care investment group

BFTP of SEP has formed an investment group to support the development of early-stage companies focused on health care technologies, outcomes

Wolf Administration Announces $3 Million in Funding for Investments in Start-Up Companies

Ben Franklin 4 PA

Oct 27, 20212 min read

Wolf Administration Announces $3 Million in Funding for Investments in Start-Up Companies

Rittenhouse will maintain an office presence at the Philadelphia Navy Yard and will continue to collaborate with the BFTP/SEP

Pittsburgh and Philadelphia Ranked Among the Top Global Startup Ecosystems

Ben Franklin 4 PA

Oct 20, 20212 min read

Pittsburgh and Philadelphia Ranked Among the Top Global Startup Ecosystems

Reports like the one issued by Startup Genome spotlight the positive results we can achieve in the commonwealth when we all work together.

Philly’s BIPOC entrepreneurs get new promises to fund businesses and correct a historic deficit

Philly Inquirer

Oct 5, 20218 min read

Philly’s BIPOC entrepreneurs get new promises to fund businesses and correct a historic deficit

This article was originally published in the Philadelphia Inquirer. by Erin Arvedlund BIPOC entrepreneurs have struggled to raise capital...

Philly among the top 30 cities worldwide for new companies, Startup Genome says

PhillyVoice

Sep 22, 20212 min read

Philly among the top 30 cities worldwide for new companies, Startup Genome says

This article was originally published in the PhillyVoice. The research firm bumped the city up 15 spots on its latest rankings BY HANNAH...

Philly just ranked high on a global list of startup ecosystems. These local leaders aren’t surprised

Technical.ly

Sep 21, 20213 min read

Philly just ranked high on a global list of startup ecosystems. These local leaders aren’t surprised

This article was originally published by Technical.ly. After earning the title of top "emerging" city last year, Philadelphia landed a...

Philadelphia’s startup ecosystem climbs 15 spots into the top 30 worldwide, report says

Philadelphia Business Journal

Sep 21, 20212 min read

Philadelphia’s startup ecosystem climbs 15 spots into the top 30 worldwide, report says

This article was originally posted on PHLINNO. By Kennedy Rose | September 22, 2021, 12:01am EDT Philadelphia’s startup ecosystem ranks...

Vital Lessons from 2020 Provide a Blueprint for Pennsylvania’s Economic Future

Scott Nissenbaum

Jul 26, 20214 min read

Vital Lessons from 2020 Provide a Blueprint for Pennsylvania’s Economic Future

BFTP/SEP's grant & partnership with Philly startup leaders was a response to a community call to action to support underrepresented founders

Ben Franklin/SEP uses additional funds to focus on 'surviving and thriving' firms during pandemic

Philadelphia Business Journal

Jul 20, 20212 min read

Ben Franklin/SEP uses additional funds to focus on 'surviving and thriving' firms during pandemic

The seed fund received an additional $1 million in April 2020 from DCED to supplement its $3.5 million from Pa.'s standard challenge grant.

Cagent Vascular receives $9M investment to accelerate marketing of its lead product

Philadelphia Business Journal

Jun 24, 20212 min read

Cagent Vascular receives $9M investment to accelerate marketing of its lead product

Cagent's early backers include Ben Franklin Technology Partners of Southeastern Pennsylvania.