Ben News

Philadelphia on The Cusp of Becoming a Top 10 Startup Ecosystem in The U.S., Report Finds

June 15, 2022

Philadelphia has the world’s 27th-best startup ecosystem and ranks at No. 11 in the U.S., according to an annual report by Startup Genome. The city inched forward one spot in both the international and national rankings after coming in at No. 28 and No. 12, respectively, in 2021. This year, the report lauded Philadelphia for […]

Philly is Movin’ on Up in the Top 30 List for Global Startup Ecosystems

June 15, 2022

For the third year in a row, Philly is trending upward on the Startup Genome’s Global Startup Ecosystem Report (GSER) report. After ranking No. 28 on the org’s global list for best ecosystems for startups in 2021, Philadelphia lands at No. 27 in 2022. In 2020, Philly was ranked as the top “emerging” startup ecosystem […]

Welcome new CFO Saniah Johnson!

June 9, 2022

Saniah Johnson joined Ben Franklin this week as our Chief Financial Officer. Previously as a key leader at organizations like Macquarie Investment Management (formerly Delaware Investments), Cigna, and Deloitte, Saniah brings a wealth of experience in finance and corporate development, strategy, mergers and acquisitions, and corporate finance to the Ben Franklin team. Saniah’s board experience […]

Total Impact Summit 2022 Convenes 300+ Local & National Impact Stakeholders

June 8, 2022

OVERVIEW: TOTAL IMPACT SUMMIT 2022 Total Impact Summit 2022 convened 300+ thought leaders and practitioners from across the United States on May 16–17, 2022 in Philadelphia. The two-day event featured 75+ speakers across 25+ sessions, connections, conversations, insights, and best practices at the forefront of a growing impact investing field. The summit was hosted by […]

JVS Philadelphia Fund for Women Invests and Provides Grants of $650K to 12 Philadelphia Women Led Regional Businesses

June 6, 2022

PHILADELPHIA, June 3, 2022 — The JVS Philadelphia Fund for Women (JVS Fund) and Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) today announced that within five months of launching their partnership, they have made three grants to women-owned businesses, and nine investments in technology-based ventures led by women in the Philadelphia region. “The […]

How Do You Raise Your First VC Round or Set Your Startup Valuation? These Philly Investors Have Some Advice

May 17, 2022

If you’re a first-time founder looking to raise an institutional round of venture capital for the first time, how do you know where to start? How does one know how much to raise or where their valuation lies? It’s a position many startup founders will find themselves in within their first few years. It’s also […]

Gov. Wolf’s Proposed Budget Would Give Ben Franklin Technology Partners $8M to Fund More Startups

February 10, 2022

Pennsylvania Gov. Tom Wolf’s ambitious $43.7 billion budget proposal includes an $8 million boost for Ben Franklin Technology Partners, a move that the organization’s leadership says could get more Philadelphia-area startups funded. Wolf’s budget proposal sets aside $2 million for each of the four Ben Franklin Technology Partners offices — located in Philadelphia, Pittsburgh, State […]

What is 1Philadelphia? Sylvester Mobley on Building Infrastructure For Racial Equity in Philly Tech

December 9, 2021

“Systemic” is just buzzwordy enough to become meaningless without context. But Sylvester Mobley can offer one stark example of the real-world effects of a systemic issue hindering Philly young people’s futures. After launching the Innovation League, a competition-driven tech skills development initiative, this year, he kept hearing from parents that they didn’t feel comfortable about […]

Why it Matters That Ben Franklin Tech Partners’ New Team Brings Clinical Experience to Healthcare Investing

November 10, 2021

Ben Franklin Technology Partners of Southeastern Pennsylvania has formed an investment group to support the development of early-stage companies focused on health care technologies and outcomes. The four-person health care investment team will led by Jennifer Hartt, who will serve as its managing director. Since 2006, Hartt has closed more than 150 investments totaling about […]

Why it Matters That Ben Franklin Tech Partners’ New Team Brings Clinical Experience to Healthcare Investing

November 10, 2021

Often times it is the people closest to problems who best understand the solutions. That’s why state-backed seed and early-stage funder Ben Franklin Technology Partners has brought on pros with direct experience in the healthcare field to lead its new Healthcare Investment Group (HIG). HIG Managing Director Jennifer Hartt, Ben Franklin’s former director of investments […]