Investments in innovation are the foundation of the new economy and continued prosperity, and Ben Franklin’s investments continue to pay huge dividends for the Commonwealth.
Independent economic analyses show that every dollar invested by the state into Ben Franklin generates $3.90 in additional state taxes.
There is a reason Ben Franklin has become the recognized gold standard for tech-based economic development. Its highly developed approach works!
Since its inception in 1989, Ben Franklin has invested in more than 4,500 technology-based companies and boosted the state’s economy by more than $25 billion, helping to generate 148,000 jobs through investments in client firms
and spinoff companies in Pennsylvania.
2021 Economic Impact:
2,438 jobs created by client companies
12,923 jobs retained by client companies
87 new client companies formed
$2.014 billion in sales revenue generated by current client companies