Hundreds of entrepreneurs and existing companies throughout Pennsylvania have received financial boosts from the Ben Franklin Technology Partners.
Last month the National Association of Seed and Venture Funds gave its Award for Excellence in Entrepreneurial Capital Formation to the Ben Franklin Technology Development Authority, which funds key initiatives like Ben Franklin Technology Partners, Keystone Innovation Zones and Venture Investment program. The association gave one private-sector award and one public-sector award. The winners were picked by the association’s board, which chose them among nominations from its members.
Organizations chosen for the award were picked based on the track record of their investments, quality of their leadership and recognition among other agencies as a national role model.
Jeannine Marttila, the authority’s executive director, says the award came as a surprise and has boosted morale among its board and staff.
“This is another confirmation that we’re on the right track,” Marttila says.
Sources: Jeannine Marttila, Ben Franklin Technology Development Authority; Kelly O’Day, National Association of Seed and Venture Funds
Writer: Rebecca VanderMeulen