Ben News

Ben Franklin Tech Partners Just Pumped More Than $1M into These Local Companies

November 21, 2019

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 […]

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New Ben Franklin Roles to Build More BENefits for Companies and Partners

October 25, 2019

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 […]

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B.PHL Festival Highlights Innovation in Philadelphia’s Healthcare Industry

October 23, 2019

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 […]

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Philadelphia: Here are your nominees for the 2019 Technical.ly Awards

October 9, 2019

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 […]

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Ben Franklin Tech Partners Wins Grant to Boost Philly Life Sciences

August 28, 2019

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 […]

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Ben Franklin Technology Partners Wins Grant That Will Help Create 100 Jobs

August 28, 2019

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 […]

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GO Philly Fund Reveals First Investments

August 20, 2019

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 […]

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Philly Startups Need More Early-Stage Investments to Compete

August 19, 2019

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 […]

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Pa. Lags Behind Peers in Funding its ‘Innovation Economy,’ Brookings Report Says

August 16, 2019

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 […]

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Q&A: Ben Franklin Tech Partners Is Doubling Down on Philly Life Sciences

July 11, 2019

Ben Franklin Technology Partners (BFTP) is a force for investment in the region’s early-stage tech companies. The organization has invested in 4,500 Pennsylvania-based tech companies since its inception and has a portfolio that boasts $354 million in funding raised in 2018 alone. But BFTP’s chief executive officer RoseAnn B. Rosenthal believes in doing more than […]

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