BETHLEHEM, Pa. -- The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) approved the investment of $480,300 in regional companies. BFTP/NEP is an award-winning, state-funded economic development organization that links early-stage technology firms and established companies with experts, universities, funding, and other resources to help them prosper through innovation.
Since beginning operation, BFTP/NEP has helped to create 14,301 new jobs and retain 21,236 existing jobs, to start 408 new companies, and to develop 948 new products and processes. The Pennsylvania Ben Franklin program returns $3.50 to the state for every $1.00 invested.
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