Proud to see that #PHLPicnic can help companies share Philly innovation with the world – and proud to be in the company of great partners! @PIDCphila @NavyYardPhila @PhillyNewTech @startupleaders @UCScienceCenter @StartupPHL @venture4america https://t.co/0lkamM2UCi — Ben Franklin (@bftp_sep) February 10, 2020 A few weeks ago we mentioned that Philly Startup Leaders has a unique opportunity to […]
Navy Yard-based, state-backed investor group Ben Franklin Technology Partners of Southeastern Pennsylvania announced last week that over the last few months, it had invested more than $1 million into area tech and science companies. The $1,050,000 was spread across six companies, Ben Franklin comms VP Jason Bannon told Technical.ly, and that the companies chosen for investments were “standouts in their […]
To increase our support for growing the capital, counsel, and connections that Ben Franklin delivers to its companies and partners, we’re happy to share the following updates on the roles of our teammates: Jonathon Beschen is promoted to General Partner, GO Philly Fund Margaret Bradley promoted to Vice President, Strategic Initiatives Mark deGrandpre is now Portfolio Executive Johnson Eapen promoted to Director, HR & Ops Anthony Green is now Vice President, Science […]
Philadelphia’s ever-expanding healthcare industry was a key topic of discussion during last week’s B.PHL Innovation Festival. A team of local titans in business, healthcare and science, including Comcast, Independence Blue Cross, and the University City Science Center, organized the three-day, citywide festival that attracted thousands of attendees across nearly 200 sessions. Through curated panel discussions, interactive workshops and other events, the […]
Every day, we at Technical.ly talk to technologists, entrepreneurs and leaders building in Philadelphia. They span different categories of company and job title, and have different paths and plans for getting to the ultimate destination. Through them all, a couple of threads become clear: a resounding commitment to making an impact in their city, and the […]
Ben Franklin Technology Partners (BFTP), the region’s largest tech investor, just won a $633,555 grant from the U.S. Department of Commerce’s Economic Development Administration (EDA) to support the development of a new life sciences innovation cluster. The grant will be matched with more than $600,000 in funds from BFTP and its local partners and will […]
State-backed seed fund Ben Franklin Technology Partners hopes to spur the creation of more than 100 jobs in the region’s life sciences field after receiving a $633,555 grant from the U.S. Department of Commerce’s Economic Development Administration. Combined with a matching $646,712 from BFTP and other organizations in the region, the award will allow BFTP […]
Marketing technology firms Sidecar Interactive and Clutch are the first companies to land an investment from Ben Franklin Technology Partners’ new Global Opportunity Philadelphia, or GO Philly, Fund. The regional, state-backed seed fund announced the investments Tuesday morning, about six months after it launched the GO Philly Fund in an effort to close a gap in the […]
If Philadelphia ever wants to compete with the likes of Silicon Valley and New York City, it needs to fund the innovative ideas and rapid growth of startups. And we’re well on our way: Venture capital investments to Philly-based companies set a record in 2018, injecting about $1.4 billion and propelling the City of Brotherly […]
Pennsylvania has the infrastructure and resources to fuel a vibrant innovation economy, but the state’s lack of investment is holding it back at a crucial time. That’s the main message of a new report out Tuesday from the Brookings Institution’s Metropolitan Policy Program, which analyzed Pennsylvania’s current state of innovation funding and highlighted 20 state initiatives across […]