Ben News

Ben Franklin Technology Partners Companies Affected by COVID-19 are Getting $4M From the State

April 27, 2020

Gov. Tom Wolf announced Thursday that Pennsylvania’s Department of Community and Economic Development (DCED) had made $4 million in new funding available to help tech-based companies in Ben Franklin Technology Partners’ (BFTP) portfolio that have been impacted by the COVID-19 pandemic. The funding will be distributed equally between the state’s four BFTP entities, which operate […]

Ben Franklin to Deploy $2M to Help Struggling Philly-Area Startups, but Funding Threat Looms

April 24, 2020

The most active seed fund in the Philadelphia region is preparing to deploy $2 million in new capital to help struggling startups stay afloat and help fight the Covid-19 pandemic, but a potential threat to its state funding looms in Harrisburg. Ben Franklin Technology Partners of Southeastern Pennsylvania, a state-backed nonprofit, announced late Thursday it […]

Ben Franklin Clients Answer Call to Combat COVID-19

April 17, 2020

By Ryan E. Glenn, Director of Statewide Initiatives Ben Franklin Technology Partners Ben Franklin Technology Partners has long been focused on supporting revolutionary technological developments that improve the human condition and address critical challenges now and in the future. That mission takes on an entirely new meaning today as our state and nation come together […]

Watch the Webinar: “Seeing Capital Options When Visibility Isn’t Clear”

April 15, 2020

Yes, capital is active amidst seemingly crazy conditions, but seeing a path to it isn’t always clear. We spoke to experts from banking, national VC, and local angel networks for insights on how to find new capital, and position your business for its best engagement. Moderated by Scott Nissenbaum, you’ll hear from our panelists David […]

Watch the Webinar “Talk to Ben: Managing Human Resources Through Challenging Markets”

April 9, 2020

Your team is your most critical resource, and managing it through uncertainty takes special care. We talked to experts from HR, accounting, and legal for insights on operating through economic challenges to maximize present and future potential for your business. With discussion moderated by our Scott Nissenbaum, you’ll hear advice from Marcia O’Connor (The O’Connor […]

The Wistar Institute Signed the Lease for its 8,000-Square-Foot Discovery Center

April 2, 2020

Early-stage scientific discovery organization The Wistar Institute announced this week that it will open an 8,000-square-foot space at 3.0 University Place at 41st and Market streets to support collaboration among STEM researchers. The space, dubbed the Wistar Discovery Center, will be on the third floor of the building, and will maintain a long-term lease of […]

Watch the Webinar – “Talk to Ben: Our Investors Respond to COVID-19”

April 2, 2020

Ben Franklin’s Scott Nissenbaum led a discussion with Ben Franklin board members Mindy Posoff (Golden Seeds), Doc Parghi (SRI Capital), and Nate Lentz (Osage Venture Partners), to hear how these leaders are responding to these ever-changing market conditions, and get their advice on what companies can do to handle this volatile period. This event kicked […]

BFTP Has Role to Play in Pa.’s Economy as State Considers Potential Economic Stimulus Packages

March 23, 2020

Ben Franklin Has Role to Play in Jumpstarting Pennsylvania’s Economy as State Considers Potential Economic Stimulus Packages On behalf of the statewide Ben Franklin Technology Partners network, we want to express our unified support for the swift measures our Commonwealth has taken to address the business impact of the coronavirus (COVID-19) and respond to this […]

Ben Franklin Tech Partners is Working With the State to Get $5M Added to its 2021 Budget

February 27, 2020

For the last decade, Ben Franklin Technology Partners has been fighting for more state money. The 35-year-old seed and early-stage capital provider for Pennsylvania tech companies faced budget slashes starting in 2008, and in 2019, the org was given $14.5 million in the state’s budget — a true 50% cut from its original allotment. The […]

‘The engine is Humming’: These VC Firms Made the Most Philadelphia-Area Deals Over the Past Decade

February 24, 2020

A new report from PitchBook and the Philadelphia Alliance for Capital and Technology dissected the region’s past year in venture capital investments (hint: it reached record highs), but it also revealed new data on the top investors across Greater Philadelphia over the past decade. The leader, in terms of number of deals, comes as no […]