![BFTP-Omar-Mencin.jpg](https://static.wixstatic.com/media/5a778e_f9d207447d9942e4bb74831ae8a2af2f~mv2.jpg/v1/crop/x_0,y_163,w_1000,h_341/fill/w_980,h_334,al_c,q_80,usm_0.66_1.00_0.01,enc_avif,quality_auto/BFTP-Omar-Mencin.jpg)
OUR IMPACT
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.
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Independent economic analyses show that every dollar invested by the state into Ben Franklin generates $3.90 in additional state taxes.
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There is a reason Ben Franklin has become the recognized gold standard for tech-based economic development. Its highly developed approach works!
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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.
![Pennsylvania.png](https://static.wixstatic.com/media/09c5be_7acabf8e18d04f509d3f82474da430b3~mv2.png/v1/fill/w_156,h_156,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/Pennsylvania.png)
2022 Economic Impact:
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1,508 jobs created by client companies
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10,145 jobs retained by client companies
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124 new client companies formed
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$2.365 billion in sales revenue generated by current client companies