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Posted: February 6, 2008
Ben Franklin Technology Partners Approves Funding of Seven Dynamic and Emerging Companies with $2 Million
(Nanowerk News) Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) has approved a total of $2 million in funding for seven early stage technology companies that are prepared to grow their enterprises and the Commonwealth's economy.
“Funding a diverse range of emerging industry sectors can be the key to securing a region’s economic success,” Community and Economic Development Secretary Dennis Yablonsky said. “Today’s announcements represent a sample of the fields that will play a role in the further development of the southeast region’s business climate.”
“These investments reflect both the diversity of technology opportunities in our region, and the increasing strength of our entrepreneurial process. The investments include two companies focused on technologies to diagnose and treat cancer, one novel nanotechnology application company, and four companies developed by repeat, serial entrepreneurs.” said RoseAnn B. Rosenthal, President & CEO of Ben Franklin.