Ten clients or alumni of the Ben Franklin Technology Partners of Northeastern Pennsylvania were recognized by Governor Tom Corbett as Pennsylvania companies and entrepreneurs that are creating high-value, sustainable jobs and making positive contributions to the state’s economy. Nearly 700 attended the inaugural Governor’s Impact Award luncheon on May 29th at which the companies were honored.
The Governor’s Impact Awards recognized 50 companies from throughout the state in five categories. Ben Franklin client and alumni winners included:
- Abec, Inc., Bethlehem Export Impact Award
- Bosch Rexroth Corporation, Bethlehem Jobs First Award
- Cornell Iron Works, Inc., Mountain Top Export Impact Award
- Custom Processing Services, Inc., Reading Small Business Impact Award
- Originate Ventures, Bethlehem Entrepreneur Impact Award
- Puritan Products, Inc., Bethlehem Small Business Impact Award
- sanofi pasteur, Swiftwater Community Impact Award
- Solar Innovations, Inc., Pine Grove Entrepreneur Impact Award
- TMG Health, Jessup Jobs First Award
- Vigon International, East Stroudsburg Small Business Impact Award.
Ben Franklin client and alumni finalists included:
- Discovery Machine Inc., Williamsport
- EcoTech Marine, Allentown
- Effort Foundry, Inc., Bath
About the Ben Franklin Technology Partners of Northeastern Pennsylvania
The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP), an initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority, creates and retains highly paid, sustainable jobs by linking companies with experts, universities, funding, and other resources to help them prosper through innovation. BFTP/NEP’s strategy encompasses three key areas:
1. developing early-stage technology-oriented companies,
2. helping established manufacturers creatively apply new technology and business practices to achieve industry leadership, and
3. promoting an innovative community-wide infrastructure that fosters a favorable business environment for high-growth companies.
Since beginning operation, BFTP/NEP has created 15,820 new jobs for Pennsylvania workers and retained 21,645 existing jobs, started 442 new companies, and developed 1,189 new products and processes. BFTP/NEP is headquartered in and owns Ben Franklin TechVentures®, an award-winning incubator/post-incubator facility located on Lehigh University’s campus, Bethlehem and also owns the Bloomsburg Regional Technology Center. The Ben Franklin Technology Partners has returned $3.60 to the Pennsylvania treasury for every $1.00 invested in the program.