Ben Franklin Technology Partners Challenge Grant

Overview

Provides funds to businesses through the four Ben Franklin Technology Partners for access to capital, business expertise, technology commercialization services to advance the development of new technologies and for the generation, conservation, and transportation of alternative and clean energy.

Uses

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

Funding

A percentage of the BFTDA appropriation in the Commonwealth’s annual budget as determined by the BFTDA Board Ben Franklin Technology Partners.

Eligibility

  • Entrepreneurs
  • Start-up & early-stage companies
  • Established companies
  • Investors
  • Higher education
  • Research and BFTP alumni companies

Terms

Grants, loans, and equity investments

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