Pennsylvania’s Innovation Economy Driving Growth
A new national report that ranks states for business performance and competitiveness shows Pennsylvania making significant gains over the last year, with technology and innovation among the driving forces behind the economic resurgence.
Innovation Works Names new CEO
Ven Raju has been named President and Chief Executive Officer of Innovation Works (IW).
NEW & NOTEWORTHY
Ben Franklin Technology Partners Receive Funding Increase
A challenge grant of $16.4 million has been announced by the Pennsylvania Department of Community and Economic Development for the Ben Franklin Technology Partners, the first increase in funding for the BFTDA in 13 years.
Each of the four Ben Franklin partners will receive $4,106,250 in funding.
Ben Franklin Releases 2022 Statewide Economic Impact Report
Today, Ben Franklin is one of the nation’s most active and progressive investors in diverse founders of seed-stage, technology companies, and established manufacturers. For every dollar invested in Ben Franklin by the Commonwealth, we generate a return of $3.90 in incremental tax revenue for Pennsylvania and have boosted the state’s economy by more than $25 billion.