Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) is investing in everything from software to snowboards in its latest funding round.
These early-stage companies will receive loans:
CDC Software, Bloomsburg Regional Technology Center, Bloomsburg, is receiving $100,000 to expand commercialization of its DTK software that greatly reduces the time and cost of integrating telephony systems with customer relationship management and business systems. The software provides complete customer data immediately to a representative answering a customer’s call.
Gilson Boards, New Berlin, is receiving $50,000 to expand marketing efforts, leading to a full-scale launch of Gilson’s innovative snowboards that apply aeronautical engineering concepts for more speed, strength and flexibility.
Map Decisions, LLC, Ben Franklin TechVentures, Bethlehem, is receiving $100,000 to provide sales, marketing and technical development support. Map Decisions produces infrastructure asset and work management software, and provides field mapping and data management services for state and local governments, utilities and the oil and gas, transportation and construction industries.
Medicine in Practice, Inc., Bloomsburg Regional Technology Center, Bloomsburg, is receiving $25,000 to add learning content and build out the WEBFlex training platform, which combines the ease and affordability of webinars with the sophistication of eLearning.
Medtrics Lab, LLC, Lewisburg, is receiving $50,000 to continue development of their modern, enterprise-level clinical education platform that helps hospitals and universities maintain accreditation and manage the training of physicians, nurses and other healthcare providers.
MindMe, Inc., Ben Franklin TechVentures, Bethlehem, is receiving $50,000 to complete beta development and testing of their suite of software solutions designed for small and independent businesses to better enable them to capture, convert, organize and engage their leads and customers.
TSG Software, Ben Franklin TechVentures, Bethlehem, is receiving $50,000 to support a focused sales and marketing effort in commercializing software for the building maintenance industry, property and facility managers and building management contractors.
WellSeal Corporation, Selinsgrove, is receiving $20,000 to accelerate the commercial launch of WellSeal, a new patent-pending, tamper-evident device for wellheads that helps maintain well integrity.
In addition, four collaborations between established manufacturers and college or university partners will receive matching funds to pursue technology-based manufacturing innovations.
Benton Foundry, Inc., Benton and Northampton Community College’s Emerging Technology Applications Center will receive $22,400 to implement energy saving processes as this producer of gray and ductile iron castings expands operations.
East Penn Manufacturing Company, Lyon Station and Northampton Community College’s Emerging Technology Applications Center, will receive $25,000 to develop a complete analysis of recycling considerations at East Penn, especially as it relates to the growing need for new battery technology due to the growth in the hybrid electric vehicle market and other alternative energy uses.
Giorgio Foods, Inc., Blandon and Lehigh University’s Enterprise Systems Center, will receive $25,000 to develop a facility planning scenario to help Giorgio optimize current and future facility utilization. Giorgio is a manufacturer of retail and food service products such as pizza, mini- and full-size crescents, pierogies, quiche, frozen mushrooms and artisan bakery products.
Orbel Corporation, Bethlehem and Lehigh University’s Enterprise Systems Center, will receive $25,000 to implement a new enterprise resource planning system at this manufacturer of customized electronic components such as precision metal parts and stampings for the medical, electronics and aerospace markets.
Source: BFTP/NEP
Writer: Elise Vider