Partner News

Philly Just Ranked High on a Global List of Startup Ecosystems. These Local Leaders Aren’t Surprised

September 23, 2021

A report assessing the strengths, talent and startup resources of regions around the globe this year named Philadelphia in its top 30 ecosystems. The city moved up 15 spots in the Startup Genome’s Global Startup Ecosystem Report (GSER) after being named the top “emerging” ecosystem last year. For 2021, it’s No. 28 on the global […]

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Philadelphia’s Startup Ecosystem Climbs 15 Spots Into the Top 30 Worldwide, Report Says

September 22, 2021

Philadelphia’s startup ecosystem ranks among the best in the world, reaching No. 28 globally, according to the latest report from research firm Startup Genome. Startup Genome’s Global Startup Ecosystem Report ranked more than 275 regional ecosystems based on factors like startup growth and activity, innovation and research, capital availability, talent and support for companies. Silicon […]

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Ben Franklin Technology Partners Uses Additional Funds to Focus on ‘Surviving and Thriving’ firms during pandemic

July 20, 2021

Ben Franklin Technology Partners of Southeastern Pennsylvania, a state-backed nonprofit, invested $6.9 million in 46 companies last year, an increase of over $2 million from 2019. BFTP receives funding from the state, the previous year’s returns, and partner capital – which includes universities like Temple and Drexel along with health care companies like Independence Blue […]

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Bucks County Looks to Build a More Robust Startup Scene as Part of its Economic Recovery Strategy

June 28, 2021

Bucks County is focused on building a community of startups and entrepreneurs as its economy emerges from the pandemic. The county is funneling funding into programs like nonprofit Startup Bucks’ early-stage startup program, as well as allocating money to its Office of Workforce and Economic Development to support entrepreneurs. Bucks County has allocated $250,000 to […]

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Philadelphia Businesses Commit to Invest in Black and Brown-Owned Companies

April 26, 2021

The Chamber of Commerce for Greater Philadelphia announced Tuesday the creation of the Diverse Procurement Collaborative to increase opportunities for small, Black and brown-owned businesses by partnering with buyers to establish procurement goals and strategies. The Diverse Procurement Collaborative is part of the Chamber’s Recharge & Recover PHL initiative, a coalition to devise, present and […]

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These Philadelphia Organizations Are Teaming Up To Build A Pipeline Of BIPOC Tech Founders

April 22, 2021

The Philadelphia Alliance for Capital and Technologies (PACT) and Ben Franklin Technology Partners are teaming up with Coded By Kids to make Mentor Connect, a program that matches founders with experts, more diverse. They say it’s the first of its kind in the city. In a city whose tech sector is steeped with racial and […]

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Coded by Kids is Bringing an Inclusive Lens to the Mentor Connect Founders Program

April 6, 2021

Mentorship is widely noted as one way to boost underrepresented entrepreneurs. So as part of the Department of Commerce’s PHL: Most Diverse Tech Hub initiative, Philly nonprofit Coded by Kids is partnering with two orgs on their longstanding program to get young business talent connected to mentors. Ben Franklin Technology Partners and the Philadelphia Alliance […]

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VC trends: Why Philly’s Deal Flow Bounced Back Quickly in 2020

March 3, 2021

While 2020 was a disruptive year for just about every market and industry imaginable, startups and venture capitalists found their footing in the latter half of the year. It’s a somewhat surprising trend outlined in PACT’s 2020 Venture Report which uses PitchBook data to analyze how Philadelphia fared amid the pandemic. We saw similar trends […]

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RealLIST Engineers 2020: Meet 21 Influential Technologists Building a Better Philadelphia

November 18, 2020

This year has presented plenty of problems for us both as people and as professionals. We’ve watched a global pandemic change so much about how we navigate our personal and work lives, and a social and racial justice movement bring to light the many flaws in our existing systems. It’s upended how and where we […]

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Wolf Administration Announces Funding for Tech Investments in Southeastern Pennsylvania

October 27, 2020

Department of Community and Economic Development (DCED) Secretary Dennis Davin and the Ben Franklin Technology Development Authority (BFTDA) announced that $1 million has been awarded to the Global Opportunity Philadelphia Fund to invest in early stage technology companies in the Greater Philadelphia region. The Global Opportunity Philadelphia Fund was formed by Ben Franklin Technology Partners […]

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