LEHIGHTON – Rep. Doyle Heffley (R-Carbon) was recently appointed to the Ben Franklin Technology Development Authority which aims to provide funding for early-stage Pennsylvania technology companies.
"I look forward to working with education, technology and business leaders across the Commonwealth to ensure Pennsylvania continues to make strategic investments toward advancing technology and life sciences industries throughout the state," said Heffley.
Ben Franklin Technology Partners serves all 67 counties in Pennsylvania through its four regionally based centers in Pittsburgh, University Park, the Lehigh Valley and Philadelphia. The company supports early-stage technology companies and established manufacturers by providing investments, expert monitoring, incubation and accelerator facilities, and access to university, investor and industry networks.
"It is encouraging to see this structure being used once again to employ people across our region," said Heffley. "When I toured the Lehigh Valley facility, it was nice to hear that many of the employees had found these high-tech jobs having previously worked for technology companies throughout the region that outsourced work to China."
The purpose of the Ben Franklin Technology Development Authority is to provide grants through two main programs, the Ben Franklin Technology Partners and the Venture Investment Program.
Ben Franklin has also become the most recognized and replicated technology-based economic development program in the United States, with awards from the International Economic Development Council and the State Science and Technology Institute.
Heffley is also a dual sponsor of House Resolution 333 that will recognize the 30th anniversary of the creation of Ben Franklin Technology Partners by designating June 3 as "Ben Franklin Technology Partners Day" in Pennsylvania.