The Economic Impacts of Ben Franklin Technology Partners in 2020

Gov. Tom Wolf’s proposed 2021-22 General Fund budget would provide continued investments in innovation through $14.5 million in funding to the Ben Franklin Technology Development Authority (BFTDA), which funds the Ben Franklin Technology Partners (BFTP). BFTP is a statewide economic development initiative that invests in and supports high-tech entrepreneurs and startups, and innovative manufacturers, which create and retain the highly paid, sustainable jobs that drive Pennsylvania’s new economy.

Ben Franklin Technology Partners serves all 67 counties through four regionally based centers in Pittsburgh, State College, Bethlehem, and Philadelphia, with satellite offices across the state. Launched more than 35 years ago, Ben Franklin has become one of the most widely known and emulated state technology-based economic development programs in the nation.

Ben Franklin’s investments last year paid huge dividends for the commonwealth during the toughest of economic times, with clients generating more than $1.8 billion in revenue and securing $894 million in post-Ben Franklin financing.

Ben Franklin Remains Committed to Helping Clients Navigate the Impacts of  COVID-19 

REPORT: Ben Franklin & Clients

Lifted Pa. Economy

During Pandemic

BFTP_NEP_Angelo and Dick Thornburgh.jpg

Ben Franklin Technology Partners Honors Gov. Dick Thornburgh

Gov. Thornburgh named the partnership after one of Pennsylvania’s most influential residents, reasoning that Benjamin Franklin evidenced the exact skills that would make the program work – merging science, innovation, business acumen and statesmanship to serve the greater good.