Ben Franklin Technology Partners of Central and Northern Pennsylvania
University Park · Founded 1983
About Ben Franklin Technology Partners of Central and Northern Pennsylvania
Ben Franklin Technology Partners of Central and Northern PA, an initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority provides early stage funding and business support services to emerging technology-based companies, as well as small, existing manufacturing businesses in our 32-county footprint. They are looking for investment opportunities in Pennsylvania. It is part of a statewide network of regional Ben Franklin centers. Their business funding is the financial bridge that links the assets of an entrepreneur to future investment opportunities from banks, angel, or venture capital groups. BFTP/CNP’s business support services help their companies grow so they are well-positioned to receive follow-on financing. Their goal is to create synergy among business, industry, and higher education representatives to help stimulate economic development in PA. Their investment opportunities go to the region’s entrepreneurs, small business owners, and existing manufacturing-based companies that want to produce a new technology-based product or improve an existing process. Ultimately when they succeed, they all succeed. The region gains expertise in an emerging technology and new, high-paying jobs are created.
Company Facts
- Founded: 1983
- Operating status: Operating
- IPO status: Private
- Employees: 11 – 50
- Total funding: $19.7M
- Last round: Grant (Sep 2022)
- Website: cnp.benfranklin.org
- Phone: (814) 863-4558
Social Profiles
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