ED/I  Ben Franklin Technology Partners of Northeast Pennsylvania

https://nep.benfranklin.org/





     Office Locations:

116 Research Drive, Plaza Level
Bethlehem, PA 18015-4731
Phone: 610-758-5200

 

Stages:

  • Early
  • Expansion


 

Industries:

  • Communications & Networking
  • Energy & Clean Tech
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial

  •  

    Description:

    The Ben Franklin Technology Partners of Northeast Pennsylvania (BFTP/NEP) is part of a state-funded economic development initiative created in 1983. The program links early-stage technology firms and established manufacturers with funding, people, technology, universities and other resources to help them prosper. BFTP/NEP serves 21 counties. The group's Enterprise Developers work with early stage firms and established companies to enhance their entire way of doing business. Typical investments range from $30,000 to $100,000 for each tranche, with a maximum total investment over several years reaching $300,000 to $400,000. BFTP/NEP is located on the campus of Lehigh University in Bethlehem and has regional offices in Lewisburg, Reading and Wilkes-Barre. The group operates the Ben Franklin TechVentures, a high-tech workspace and community for early-stage companies born out of the former Bethlehem Steel Homer Research Labs.



    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.
    Angelo J. Valletta President and Chief Executive Officer
    Frederick W. Kluck Regional Manager
    Kathy Ann B. Minnich Executive Vice President and Chief Administrative Officer, Chief Financial Officer
    Kenneth Okrepkie Regional Manager
    Laura Lawrence Senior Project Manager

     

    Portfolio companies include:

     

    Recent News: