Ben Franklin Technology Partners of Northeastern Pennsylvania presented its 19th annual Innovation Awards this month, after hearing a few words from economist Todd Buchholz on how creative competition drives success.
With that it mind, the 2013 winners are:
CyOptics, Inc., Breinigsville for entrepreneurial achievement. A maker of optoelectronics, the company survived difficult economic times by building intellectual property and market share. It was recently acquired for $400 million.
Computer Aid, Inc., Allentown, named most successful BFTP incubator graduate. Founded in the early 1980s, CAI has grown from concept to successful operation as a worldwide leader in IT metrics, process and productivity — “a classic incubator success story,” says BFTP.
Micro Interventional Devices in Langhorne, which has developed a device used in heart surgery, was honored for product innovation.
East Penn Manufacturing Co., Lyon Station, an old-line company that produces and recycles lead-acid batteries, was honored for manufacturing achievement.
The partnership award, made to an individual, went to Edward Thompson, a Clarks Summit CPA and “a seasoned finance and accounting advisor to a number of Ben Franklin early-stage clients, [who] is enormously helpful, supportive, and proficient,” BFTP says.
Source: Ben Franklin Technology Partners of Northeastern Pennsylvania
Writer: Elise Vider
