#BenFranklin4PA In the News

News

Ben Franklin Technology Partners has earned international acclaim as the gold standard in technology-based economic development. The risks associated with underfunding the centers are clear.

May 9
1 min

Report: Ben Franklin Tech Partners created hundreds of jobs in our region

Supporting new technology initiatives from an established manufacturer's perspective, investing and supporting early-stage organizations

Pittsburgh needs both startups and manufacturers in its bid to modernize industry, tech leader says

90.5 WESA

Apr 6
3 min

Pittsburgh needs both startups and manufacturers in its bid to modernize industry, tech leader says

An engineer and entrepreneur, Formica became the head of the AlphaLab Gear startup accelerator in February 2022.

Flooring company flourishes thanks to innovative system that makes replacement easy

Ben Franklin 4 PA

Apr 4
4 min

Flooring company flourishes thanks to innovative system that makes replacement easy

The desire to develop an entrepreneurial effort in home territory is in keeping with a trend that gained momentum during the pandemic.

Ben Franklin Technology Partners of Northeastern Pennsylvania Created/Retained 7,356 Jobs in 2021

Ben Franklin 4 PA

Mar 2
2 min

Ben Franklin Technology Partners of Northeastern Pennsylvania Created/Retained 7,356 Jobs in 2021

In 2021, 7,356 northeastern Pennsylvania jobs were created or retained as a result of the BFTP of NEPA's work.

Innovation Works

Feb 24
4 min

Rich Lunak to Retire From Innovation Works After a Career That Helped Transform Pittsburgh

Rich Lunak helped develop 20,000 jobs in Pittsburgh region’s tech startups, helped emerging tech sectors & fostered a climate of innovation

Gov. Wolf's proposed budget would give Ben Franklin Technology Partners $8M to fund more startups

Philadelphia Business Journal

Feb 15
2 min

Gov. Wolf's proposed budget would give Ben Franklin Technology Partners $8M to fund more startups

BFTP currently funds about 50 startups per year, and the new funding proposed by Gov. Wolf could support an additional 10 to 15 companies

Here's what Gov. Wolf's budget proposal could mean for region's startups, entrepreneurs

Pittsburgh Inno

Feb 14
3 min

Here's what Gov. Wolf's budget proposal could mean for region's startups, entrepreneurs

Wolf's PA budget proposal would represent a more than 57% increase in funding from the $3.5 million IW currently operates on each year.

Investments in Innovation Keep Pa.’s Economy Growing

Ben Franklin 4 PA

Feb 8
2 min

Investments in Innovation Keep Pa.’s Economy Growing

Under the governor’s proposed budget, each Ben Franklin would receive $5.5 million, totaling $22 million for the statewide initiative.

DCED: Wolf administration announces $1 million in funding for start-up tech companies

Ben Franklin 4 PA

Jan 27
1 min

DCED: Wolf administration announces $1 million in funding for start-up tech companies

January 27, 2022 Harrisburg, PA – Department of Community and Economic Development (DCED) Secretary Dennis Davin and the Ben Franklin...

Ben Franklin Technology Partners forms 4-person health care investment group

Philadelphia Business Journal

Nov 11, 2021
1 min

Ben Franklin Technology Partners forms 4-person health care investment group

BFTP of SEP has formed an investment group to support the development of early-stage companies focused on health care technologies, outcomes

In celebration of #GEW2021, IW begins serving Startup Recipes series of DIY guides for founders

Pittsburgh Inno

Nov 10, 2021
2 min

In celebration of #GEW2021, IW begins serving Startup Recipes series of DIY guides for founders

Pgh-based Innovation Works announced it's now serving up its first installment of Startup Recipes — a new series of DIY guides for founders

Wolf Administration Announces $3 Million in Funding for Investments in Start-Up Companies

Ben Franklin 4 PA

Oct 28, 2021
2 min

Wolf Administration Announces $3 Million in Funding for Investments in Start-Up Companies

Rittenhouse will maintain an office presence at the Philadelphia Navy Yard and will continue to collaborate with the BFTP/SEP

VIT's acquisition further 'validation' of Pgh's growing entrepreneurial community, fmr investors say

Pittsburgh Inno

Oct 14, 2021
3 min

VIT's acquisition further 'validation' of Pgh's growing entrepreneurial community, fmr investors say

Pittsburgh-based hardware accelerator AlphaLab Gear, a platform offered through Innovation Works, served as an early investor in VIT.

Philly’s BIPOC entrepreneurs get new promises to fund businesses and correct a historic deficit

Philly Inquirer

Oct 6, 2021
8 min

Philly’s BIPOC entrepreneurs get new promises to fund businesses and correct a historic deficit

This article was originally published in the Philadelphia Inquirer. by Erin Arvedlund BIPOC entrepreneurs have struggled to raise capital...

Pittsburgh — From Steel City to Smart City

Ben Franklin 4 PA

Oct 1, 2021
5 min

Pittsburgh — From Steel City to Smart City

Pittsburgh has always been known as a diverse city & features 90 distinct neighborhoods with their own sub-cultures, with 302,000 residents

LVEDC Interviews Angelo Valletta, President & CEO of BFTP/NEP

Lehigh Valley PA

Sep 30, 2021
3 min

LVEDC Interviews Angelo Valletta, President & CEO of BFTP/NEP

Angelo Valletta is a multiple award-winning senior business executive with 35 years of comprehensive organizational leadership experience

NextPittsburgh

Sep 23, 2021
3 min

NextPittsburgh: Pgh ranks 23rd in global emerging startup ecosystem report

“Over the last 5 years we’ve had about 300 investors from around the world investing in Pgh & last year alone, 42 first-time new investors"

Philly among the top 30 cities worldwide for new companies, Startup Genome says

PhillyVoice

Sep 23, 2021
2 min

Philly among the top 30 cities worldwide for new companies, Startup Genome says

This article was originally published in the PhillyVoice. The research firm bumped the city up 15 spots on its latest rankings BY HANNAH...

Pittsburgh Makes List Of Emerging Cities For Startups But More Support for Diverse Leadership Needed

90.5 WESA

Sep 22, 2021
2 min

Pittsburgh Makes List Of Emerging Cities For Startups But More Support for Diverse Leadership Needed

Pittsburgh ranked 23rd in the list of the top 100 emerging cities for startups worldwide in the report by Startup Genome and the GNC.

Pgh ranked on a global list of ’emerging’ startup ecosystems & these local leaders aren’t surprised

Technical.ly

Sep 22, 2021
4 min

Pgh ranked on a global list of ’emerging’ startup ecosystems & these local leaders aren’t surprised

The 2021 GSE report placed Pittsburgh as the 23rd top emerging market, with strengths in funding, performance, adv. manufacturing & robotics