Scott Nissenbaum to assume both responsibilities in January 2021 PHILADELPHIA (June 17, 2020)—The Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) Board of Directors has announced that after 25 years, RoseAnn B. Rosenthal, President and Chief Executive Officer, will be transitioning out of her current role and taking on a CEO Emeritus role, effective […]
Support to increase the development of underrepresented founders in the Philadelphia region PHILADELPHIA (June 11, 2020)—To increase the Philadelphia region’s support and development of companies led by underrepresented founders, Ben Franklin Technology Partners of Southeastern has committed a grant of $150,000 for Philly Startup Leaders’ (PSL) Founded in Philly accelerator, along with a commitment of […]
Supports Philadelphia region innovation companies during the COVID-19 crisis PHILADELPHIA (April 24, 2020)– Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) announced formation of the Save Our Startups initiative (SOS), to quickly deploy more than $2 million in the Philadelphia region’s early-stage innovation companies affected by the COVID-19 pandemic. With $1 million in new […]
Smart investments in innovation, high-tech development fuel Pa.’s economy HARRISBURG, Pa. (Jan. 24, 2020) — Gov. Tom Wolf today announced that his proposed 2020-21 General Fund budget will include a $5 million increase for the Ben Franklin Technology Development Authority (BFTDA), which funds the statewide Ben Franklin Technology Partners initiative, one of the most widely […]
Regional Venture Investment Fund is Now Accepting Cryptocurrency PHILADELPHIA, Pa. (April 11, 2019) – Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin), a leading seed stage capital provider, announced the availability of its blockchain-enabled onboarding and tokenization platform that streamlines and manages investor interests in the Global Opportunity Philadelphia Fund (GO Philly Fund). Ben […]
EPAM is lead investor in blockchain-enabled regional venture investment fund; GO Philly Fund open to individual investors PHILADELPHIA, Pa. (February 7, 2019) –Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin), a leading seed stage capital provider, has formed a regional venture fund that allows private investors to invest in a broad variety of early-stage […]
Challenges remain because of state funding shortfalls. PHILADELPHIA, Pa. (Jan. 9, 2019) –With a focus on startups and innovation, Ben Franklin Technology Partners (Ben Franklin) remains a powerful job creation and high-tech economic development engine for Pennsylvania, according to the latest independent economic analysis of the organization. But state funding shortfalls are starting to curtail […]
The $5M Seed Fund II is next phase of StartupPHL investment fund aimed to increase availability of early-stage capital in the local startup community. Philadelphia, PA (March 15, 2018) – PIDC, Philadelphia’s public-private economic development corporation and partner with the City of Philadelphia in the StartupPHL initiative, today announced Ben Franklin Technology Partners (Ben Franklin), a […]
Chester County Retirement Board and Ben Franklin Technology Partners of SE Pennsylvania partner in $4 million fund. WAYNE, PA (April 17, 2018) – The Chester County Retirement Board and Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) today launched Venture Chesco, an initiative investing up to $4 million in emerging and growing companies located in […]
A global partnership raises Philadelphia’s profile for startups December 12, 2017 (Philadelphia, PA) – Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin), a venture capital and economic development firm, joins the DVN Beta program of Draper Venture Network, a self-governed organization of global independent venture funds. The news comes after a recent report, compiled by […]