ED  Ben Franklin Technology Partners Central and Northern PA

https://cnp.benfranklin.org/




     Office Locations:

200 Innovation Boulevard, Suite 150
State College, PA 16803
Phone: 814-863-4558
 

Stages:

  • Early
  • Seed
 

Industries:

  • Information Technology
  • Life Sciences & Healthcare
  • Software & Internet


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    Description:

    As an on-going initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority, the Program invests not only in the marketable innovations developed in our service area - many of which come to light from our annual BIG IDEA Contests - but also in business mentoring and support initiatives such as our Transformation Business Services Network and the BF TechCelerator Business Startup Boot Camps. The Mercer County Innovation Fund (MCIF) is a partnership between Penn-Northwest Development Corporation and Ben Franklin Technology Partners of Central and Northern PA to provide funding to tech-based start-ups and small, existing manufacturers located in Mercer County that are in the process of developing a new product or process. Other local partners that have helped contribute to this fund include Shenango Valley Enterprise Zone, Community Hope Investment Partnership Group, Greenville Area Economic Development Corp., and the City of Hermitage. Ben Franklin's TechCelerator offers local entrepreneurs, grad students, professors, and university researchers a 10-week business boot camp to help take the first step in launching a startup.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)    		No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)    		$2M-$7M
    Expansion Stage
    (also called Late-stage)    		$7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Kenneth J. Moscone Board Chair

     

    Portfolio companies include:

     

    Recent News:


      There is no recent news for Ben Franklin Technology Partners Central and Northern PA.