Ben Franklin Technology Partners Challenge Grant — Investment
Invests in Pennsylvania technology companies through regional partners, using convertible capital structures for growth prototyping.
The Ben Franklin Technology Partners Challenge Grant is a Pennsylvania state appropriation administered by the Department of Community and Economic Development (DCED) through the Ben Franklin Technology Development Authority (BFTDA), which deploys capital through four independently incorporated regional organizations across Pennsylvania. The DCED, led by Secretary Rick Siger under Governor Josh Sh…
Convertible debt with equity warrants deployed by four regional Ben Franklin Technology Partners to Pennsylvania technology startups, early-stage companies, established manufacturers, and higher education commercialization efforts.
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