FY 2021: Ben Franklin Approved $6.1 Million in 31 Companies

An In-Depth Look at Pa.’s Entrepreneurial Ecosystem Highlights the Strength and Importance of BFTP

The Pennsylvania Department of Community and Economic Development (DCED) and Carnegie Mellon University recently teamed up on a report to foster the commonwealth’s entrepreneurial ecosystem and create a dashboard of data to drive policy so our state remains competitive. A key finding of the Carnegie Mellon report specifically points to Ben Franklin as a vital asset that Pennsylvania can leverage to grow its innovation economy.

The economic impact of Ben Franklin was felt in every region of the commonwealth, including:

• 1,309 jobs created by client companies
• 12,446 jobs retained by client companies
• 443 new products and processes launched
• 101 new companies formed
• 167 patents and software copyrights awarded to client companies
• 1,697 companies assisted by Ben Franklin
• $1,832,430,632 sales revenue generated by client companies
• $894,580,226 post-BFTP financing secured by client companies

Read the full report here.

Companies Approved for Investment in FY21 

To view details about each company, visit our directory page.

Information Technology:
Cecilian Partners
GoCoach
Houwzer
Jenzy
Kognition
Lithero
Nickl
SocialLadder
Suitable
Sweft
Translator
WhipFlip

Healthcare:
Astarte Medical Partners
Avisi Technologies
BioVeras
Envision2bWell
ExpressCells
FloBio
Mitochon
Nobias Therapeutics
Pression
RecoveryLink
restor3d
Right Air
Strados Labs
Telesis Therapeutics

Physical Sciences:
Deepwave Digital
DreamVu Inc.
Impact Wrap
Naturaz
Tozuda

Previous

Next