SBA Intermediary Loan Program investment by Ben Franklin Technology Partners helps Novetas Solutions create jobs with innovative, ‘green’ product Philadelphia, Pa. – U.S. Small Business Administration officials, leaders from federal, state and local government gathered at the Philadelphia Navy Yard to mark the first Intermediary Loan Program loan in Pennsylvania today. The investment from Ben Franklin Technology Partners/SEP to Novetas Solutions, LLC, will expand jobs for the company's green, worker friendly products. Novetas produces and sells “New Age Blast Media,” an ... — Read More

RoseAnn B. Rosenthal spoke before the Pennsylvania House Commerce Committee in support of House Bill 1616 for Benefit Corporation Legislation PHILADELPHIA, PA (www.sep.benfranklin.org) – RoseAnn B. Rosenthal, President & CEO of Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP), testified yesterday at an informational meeting of the Pennsylvania House Commerce Committee in support of House Bill 1616 for Benefit Corporation Legislation. A Benefit Corporation, or B Corp, is a new class of corporation that enables a corporation to consider societal impact ... — Read More

We are pleased to share Ben Franklin Technology Partners of Southeastern PA’s 2011 Performance Profile. Click here to download the profile (PDF) — Read More

Philadelphia Business Journal Peter Key, February 3, 2012 From the start of 2007 through the third quarter of last year, Ben Franklin Technology Partners of Southeastern Pennsylvania participated in 38 percent of the rounds of venture capital raised by companies in the five-county Philadelphia area that were classified as early-stage or seed/startup investments in the MoneyTree reports issued over the period. That was the finding most emphasized by the state-funded economic-development organization in a report it issued today on its performance over the ... — Read More

We are pleased to share The Nanotechnology Institute’s 2011 Annual Report. Click here to download the NTI Annual Report (PDF) — Read More

Philadelphia Business Journal John George, February 3, 2012 HORSHAM — Topaz Pharmaceuticals was quietly acquired late last year by Sanofi Pasteur a few months before a decision was expected on the Montgomery County biopharmaceutical company’s new drug application for its experimental head lice treatment. That ruling from the Food and Drug Administration is scheduled to occur next week. Sanofi Pasteur in Lyons, France, is the vaccines division of the Paris-based pharmaceutical giant Sanofi-Aventis. The financial terms of the sale of Topaz to Sanofi Pasteur are ... — Read More

Philadelphia Inquirer Diane Mastrull, January 30, 2012 Perhaps you were motivated by rebates or other federal stimulus incentives. Or by your budget-busting energy bills. Whatever the reason, to those who spent a small fortune in recent years replacing home windows, you have the sympathies of a couple of Malvern chemical engineers. Jay Reyher and John Siegel, along with a Wisconsin partner, Thomas Culp, have put their scientific minds together to create an alternative to replacement windows that is more cost-effective yet proven to be ... — Read More

PHILADELPHIA, PA (www.sep.benfranklin.org) – Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) invested in 61% of all seed/early stage companies that received venture funding in the Greater Philadelphia five-county region, during Q4 2011, as reported by PwC MoneyTree. The Report also indicates that Ben Franklin accounted for 42% of all deals reported for the region. Over the past five years, Ben Franklin committed more than $30M to more than 200 regional enterprises across all areas of technology development.  Among these companies are ... — Read More

Chester County Daily Local News Marcella Peyre-Ferry, January 22, 2012 Headquartered in Glen Mills with a manufacturing facility in Newark, Del., Holganix was started just two years ago. "As a company overall we're in a growth stage," Holganix CFO Paul Commons explained. Currently there are a total of 13 employees with Holganix but additional funding from The Ben Franklin Technology Partners of Southeastern Pennsylvania is helping the company grow. The Holganix product is a cost-efficient, natural way to get thick, green, healthy lawns and trees ... — Read More

PHILADELPHIA, PA (www.sep.benfranklin.org) – The Board of Directors for Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP), at its Annual Meeting on December 14, 2011, honored three of its corporate leaders who are stepping down from their roles. The Board formally recognized the many years of leadership and service of Robert E. Keith, Jr., Managing General Partner of TL Ventures, who served as Chairman since 2006; and Walter D’Alessio, Vice Chairman of NorthMarq Capital, who served as Vice Chairman since ... — Read More