Last week, we reported that the Ben Franklin Technology Partners of Northeastern Pennsylvania had invested more than $340,000 in seven firms at various stages of maturity. This week, we learn that BFT has also opened its coffers to several more early-stage firms that show promise.
The biggest investment, $60,000, went to the cleverly named Taylored Building Solutions in Taylor, Lackawanna County, to complete a computer program to manage the financial function for this manufacturer of high-end modular homes and components for traditional stick-built homes. With this investment, the company will also implement novel marketing and sales strategies.
Cernostics in Danville, received $55,000 to validate a diagnostic and prognostic test that predicts the risk of developing esophageal cancer in patients with Barrett’s Esophagus.
EggZack in Bethlehem was awarded $30,000 to refine a strategy for assembling a strategic partner network to help EggZack market and sell its software as a service (SaaS) solution to a much larger base of customers.
Viddler, Inc. in Bethlehem was awarded $33,00 to continue enhancing its selling and marketing activities to extend its positioning as the leading small- to mid-sized business on-line video solutions provider worldwide.
XiGo Nanotools in Bethlehem got $50,000 to organize manufacturing policies and procedures to prepare for expanded sales of a patented, shoebox-size device that rapidly measures the wetted surface area of nano-particles using magnetic resonance imaging technology.
Source: Ben Franklin Technology Partners
Writer: Elise Vider