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Ben Franklin Technology Partners Challenge Grant

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.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.
Project durationiHow long the funded work is expected to run.
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Convertible
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.

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Last verified: 24 Jul 2026Source: dced.pa.gov