Ben Franklin Technology Partners of Central and Northern Pennsylvania has named Robert Dornich as the newest member of its Transformation Business Services Network, a team of seasoned business professionals that provide business mentoring and support to the tech startups in Ben Franklin’s investment portfolio. In his new position, Dornich will also manage the Technology Center and Zetachron small business incubators in State College.
Ben Franklin Technology Partners
Ben Franklin Technology Partners
A little less than two years after the launch of the Fund for Innovation, Invent Penn State has backed nearly 50 emerging Penn State technologies and has provided startup funding to promising new ventures that were born out of the program.
If you have a great idea about how to use technology, media, or new teaching theories to create a positive learning environment for students of any age, then the Penn State EdTech Network wants to hear from you.
The Ben Franklin TechCelerator@State College has awarded a cash prize of $10,000 to a graduate of its latest Business Startup Boot Camp for entrepreneurs. The winner, Joel Edelstein with Triglyph, developed an energy-efficient, smart lighting system for use in the film, television and photography markets.
Ben Franklin Technology Partners of Central and Northern Pennsylvania announced the appointment of John Sider as its director of second stage capital.
The TechCelerator @State College is inviting area entrepreneurs, graduate students, researchers or anyone with a big idea, to participate in a 10-Week Boot Camp for business startups. The program has already launched more than 25 companies. The sessions run for two hours per week, on 10 successive Tuesdays, from 3 to 5 p.m. Sept. 30 to Dec. 9.
Two years ago, the entrepreneurial landscape at University Park looked markedly different than it does today. There were 28 fewer startup companies in existence, 70 jobs had yet to be created, $1.3 million in revenue had not been generated, five spots in the business incubator in Innovation Park were still vacant, and 18 research projects at Penn State were not commercialized. Ben Franklin Technology Partners helped to change that.
Located in Innovation Park, Lignolink Inc. is developing a patented technology for the genetic modification of crops to enhance digestibility for biofuels feedstock and livestock forages. Recently the company received a $750,000 Phase II Small Business Innovation Research Grant (SBIR) from the National Science Foundation. The company will use the investment to further advance their technology which improves the breakdown of biomass into sugars.
The TechCelerator @State College is inviting area entrepreneurs to participate in the next 10-Week Boot Camp for business startups. This program has launched 20 companies in the first two years. The sessions run from 3 to 5 p.m. on 10 successive Tuesdays from April 8 to June 10.
A local startup’s Big Idea has won $25,000 from Ben Franklin Technology Partners. Nina Jenkins with Penn State’s Department of Entomology and her business partner, Giovani Bellicanta, have developed a patent-pending, nontoxic, bio-pesticide that successfully removes and further prevents bed bug infestations in homes and hotel rooms.
The next eight-week TechCelerator Boot Camp session begins on Tuesday, March 11, from 4 to 6 p.m. in the Hershey Center for Applied Research. The TechCelerator Boot Camp is designed to help faculty, staff and students think entrepreneurially as they explore the commercial potential of a technology.
On Nov. 17 in the Nittany Lion Inn Ballroom, 75 finalists made presentations at the 1000 Pitches Summit, an event for Penn State students and faculty interested in innovation and entrepreneurship. The top pitch in each category won $1,000 and a total of $8,000 in prizes were awarded.
Have you been thinking about starting a business based on a new, tech-based product or process? Your Idea could win one of two $25,000 Cash Prizes in Ben Franklin’s BIG IDEA Business Plan Contest.
The TechCelerator @ State College is inviting area entrepreneurs to participate in the next eight-Week Boot Camp for business startups. If you have a new, tech-based business idea that you’ve been wondering how to commercialize, this Boot Camp is for you. The sessions run from 3 to 5 p.m. on eight successive Tuesdays from Oct. 22 to Dec. 10.
The TechCelerator@State College will again offer its free Research to Start-Up Workshop from 3 to 4:30 p.m. Feb. 19, in Room 243, Technology Center, across from The Penn Stater Conference Center Hotel.