Ben News

BFTP Has Role to Play in Pa.’s Economy as State Considers Potential Economic Stimulus Packages

March 23, 2020

Ben Franklin Has Role to Play in Jumpstarting Pennsylvania’s Economy as State Considers Potential Economic Stimulus Packages On behalf of the statewide Ben Franklin Technology Partners network, we want to express our unified support for the swift measures our Commonwealth has taken to address the business impact of the coronavirus (COVID-19) and respond to this […]

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Ben Franklin Tech Partners is Working With the State to Get $5M Added to its 2021 Budget

February 27, 2020

For the last decade, Ben Franklin Technology Partners has been fighting for more state money. The 35-year-old seed and early-stage capital provider for Pennsylvania tech companies faced budget slashes starting in 2008, and in 2019, the org was given $14.5 million in the state’s budget — a true 50% cut from its original allotment. The […]

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‘The engine is Humming’: These VC Firms Made the Most Philadelphia-Area Deals Over the Past Decade

February 24, 2020

A new report from PitchBook and the Philadelphia Alliance for Capital and Technology dissected the region’s past year in venture capital investments (hint: it reached record highs), but it also revealed new data on the top investors across Greater Philadelphia over the past decade. The leader, in terms of number of deals, comes as no […]

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Meet The Founders Heading To SXSW With Philly Startup Leaders

February 11, 2020

Proud to see that #PHLPicnic can help companies share Philly innovation with the world – and proud to be in the company of great partners! @PIDCphila @NavyYardPhila @PhillyNewTech @startupleaders @UCScienceCenter @StartupPHL @venture4america — Ben Franklin (@bftp_sep) February 10, 2020 A few weeks ago we mentioned that Philly Startup Leaders has a unique opportunity to […]

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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, 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 Awards

October 9, 2019

Every day, we at 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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