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Innovate in Pennsylvania – Ben Franklin Technology Partners

Requirements

Download the guidelines for a complete understanding of the program and the requirements.

Overview

Provides funds to businesses through the four Ben Franklin Technology Partners (BFTP) for access to capital, business expertise, and technology commercialization services to advance the development of new technologies.

Uses

Direct company investments, business and technical support, technology and entrepreneurial infrastructure, and administrative expenses.

Funding

Innovate in PA is a new initiative whereby the four regional Ben Franklin Technology Partners will receive new capital from the sale of insurance premium tax credits. Revenue generated through the sale of the tax credits will be deployed through the Ben Franklin Technology Development Authority (BFTDA).

Eligibility

The Ben Franklin Technology Partners receive funding to award entrepreneurs, start-up & early stage companies, established companies, investors, higher education & research and BFTP alumni companies.

Terms

Grants, loans, and equity investments

How to Apply

Companies may apply to their regional Ben Franklin Technology Partners

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