Investor Type | Firm |
Industries | IT (& TMT) • Media • BioTech • FinTech (& Financials services) • Energy • Material Science • Medical Devices (& Hospital Services) |
Investing | United States |
Investment Range | $175,000 - $830,000 |
Ben Franklin Technology Partners of Central and Northern Pennsylvania is a venture capital firm that specializes in nurturing technology-based companies in Pennsylvania through startup funding and business support services. Since its inception in 1983, the firm has been committed to advancing technology enterprise in the region. They offer crucial seed and risk capital to innovation-based startups and small manufacturers, positioning themselves as a vital catalyst that not only provides the funds necessary for launching new products, services, and processes but also attracts follow-on funding to assure the continued growth of their client companies. Their investment ranges are significant, providing a minimum of $175,000 and a maximum of $830,000, ensuring a robust investment for the early stages of a company's development. They operate with a clear mission to drive progress within the tech sector and have comprehensive support mechanisms in place to achieve this objective. Ben Franklin Technology Partners emphasizes the provision of knowledge through their team of business experts who deliver mentoring and support in various areas, including market research, accounting, and human resources. Moreover, the firm fosters a network that unifies ideas and talent, connecting entrepreneurs to universities, mentors, other investors, and a community brimming with innovators. Their portfolio includes companies from diverse industries such as IT, Media, BioTech, FinTech, Energy, Material Science, and Medical Devices. Among their several initiatives, the TechCelerator stands out as a 10-week business boot camp designed to refine business models and financials, assisting startups in developing a polished pitch deck for potential investors. They also run contests and programs like AgeTech and the Big Idea Contest, targeting innovative solutions for society's challenges. The firm actively encourages diversity in entrepreneurship and is dedicated to inclusiveness, welcoming individuals from all backgrounds.