Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

android tablet pc

Home > Press > $100K Business Plan Contest being held by Ben Franklin Technology Partners and Ben Franklin Venture Forum

The Ben Franklin Venture Investment Forum (BFVIF) in conjunction with the Ben Franklin Technology Partners of Central and Northern PA (BFTP) announces the Big Idea Business Plan Contest. The grand prize of $100,000 will be awarded to one technology-oriented company start or further develop the business in Pennsylvania.

$100K Business Plan Contest being held by Ben Franklin Technology Partners and Ben Franklin Venture Forum

State College, PA | Posted on October 23rd, 2008

This grand prize represents a four-fold increase from previous Big Idea contests and reinforces BFTP's long-standing commitment to fueling the Commonwealth's technology economy.

Interested entrepreneurs can visit for rules, entry forms, and FAQs. The deadline for applications is December 17, 2008.

"We are very pleased to partner with the Venture Investment Forum to co-sponsor this Business Plan Contest. Helping to develop and support entrepreneurial activity is at the very core of the Ben Franklin mission," said Stephen Brawley, President and CEO of Ben Franklin Technology Partners/CNP.

"We are always proud of the folks who participate in our contests and, of course, of those who win. But we've come to learn that everyone in the Commonwealth wins when we support the efforts of those who are willing to take the first step to becoming business owners," Brawley said.

Dr. Patrick Farrell, President and CEO of Forward Vision and a previous Big Idea contest winner, praised the concept as a great initiative for both budding entrepreneurs and established business owners.

"New business start-ups require funds, of course," Farrell said, "so winning the contest was great! But we also need guidance afterwards. The Ben Franklin group has been an extremely responsive in providing this support to our small rural Pennsylvania company -- a small company with large aspirations."

To qualify for the contest, entrepreneurs must have a new marketable business idea, less than $500,000 in sales in year-to-date 2008 and less than $500,000 for the full year 2007, fewer than 50 employees in 2007 and 2008, and not received previous BFTP funding for their business. Preferred industry sectors include, but are not limited to, nanotechnology, green technologies, alternative energy, advanced manufacturing, advanced materials, medical devices, information technology and software.

Additionally, applicants must have business operations or the willingness to start a business in any one of the 32 participating counties in the Central and Northern Pennsylvania region. These counties include: Adams, Bedford, Blair, Cambria, Cameron, Centre, Clarion, Clearfield, Clinton, Crawford, Cumberland, Dauphin, Elk, Erie, Forest, Franklin, Fulton, Huntingdon, Indiana, Jefferson, Juniata, Lancaster, Lebanon, McKean, Mercer, Mifflin, Perry, Potter, Somerset, Venango, Warren and York.

"The Big Idea Business Plan Contest gives entrepreneurs the impetus to finalize their business plans and receive feedback from the judges, in addition to the monetary prize," said Jill Edwards, Executive Director of BFVIF. "We are delighted when we are able to award the prize money to a company with not only vision but a demonstrated, solid plan for commercializing their technology."


About Ben Franklin Technology Partners
Ben Franklin Technology Partners CNP provides operational assistance, entrepreneurial support, and investment capital to emerging tech-based companies and small, existing manufacturers for the purpose of creating and retaining jobs in Pennsylvania. Contact the main office of Ben Franklin in University Park at (814) 863-4559 or see our website at

In 2008, BFTP was awarded the U.S. Economic Development Administrationís Excellence in Economic Development Award and the International Economic Development Council Technology-Based Economic Development Award.

Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority. For more information visit

For more information, please click here

Jill Edwards
Executive Director
Ben Franklin Venture Investment Forum
1010 N. Seventh St., Suite 307
Harrisburg, PA 17102
(717) 948-6625
(717) 772-3594 fax

Copyright © Ben Franklin Technology Partners

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Sopping up proteins with thermosponges: Researchers develop novel nanoparticle platform that proves effective in delivering protein-based drugs October 22nd, 2014

Brookhaven Lab Launches Computational Science Initiative:Leveraging computational science expertise and investments across the Laboratory to tackle "big data" challenges October 22nd, 2014

Bipolar Disorder Discovery at the Nano Level: Tiny structures found in brain synapses help scientists better understand disorder October 22nd, 2014

NIST offers electronics industry 2 ways to snoop on self-organizing molecules October 22nd, 2014

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

TARA Biosystems and Harris & Harris Group Form Company to Improve Safety and Efficacy of New Therapies October 22nd, 2014

7th Nanotechnology Festival, Exhibition Kicks Off Work in Iran October 7th, 2014

Harris & Harris Group Letter to Shareholders on Website August 19th, 2014

Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 August 12th, 2014


NanoTechnology for Defense (NT4D) October 22nd, 2014

Mechanism behind nature's sparkles revealed October 22nd, 2014

TARA Biosystems and Harris & Harris Group Form Company to Improve Safety and Efficacy of New Therapies October 22nd, 2014

Researchers patent a nanofluid that improves heat conductivity October 22nd, 2014


Special UO microscope captures defects in nanotubes: University of Oregon chemists provide a detailed view of traps that disrupt energy flow, possibly pointing toward improved charge-carrying devices October 21st, 2014

Crystallizing the DNA nanotechnology dream: Scientists have designed the first large DNA crystals with precisely prescribed depths and complex 3D features, which could create revolutionary nanodevices October 20th, 2014

QD Vision Wins Prestigious Presidential Green Chemistry Challenge Award from the U.S. Environmental Protection Agency October 16th, 2014

Beyond LEDs: Brighter, new energy-saving flat panel lights based on carbon nanotubes - Planar light source using a phosphor screen with highly crystalline single-walled carbon nanotubes (SWCNTs) as field emitters demonstrates its potential for energy-efficient lighting device October 14th, 2014

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
University Technology Transfer & Patents
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project

© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE