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KIZ Nanotechnology Conference 30 March 2011

KIZ Nanotechnology Conference 30 March 2011. Promote, sustain, and invest in the transformation of our regional economy through innovation and partnering. Mission. Overview. State-funded, created in 1983 Strategy: Develop early-stage technology companies

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KIZ Nanotechnology Conference 30 March 2011

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  1. KIZ Nanotechnology Conference 30 March 2011

  2. Promote, sustain, and invest in the transformation of our regional economy through innovation and partnering. Mission

  3. Overview • State-funded, created in 1983 • Strategy: • Develop early-stage technology companies • Improve established manufacturers • Promote innovative infrastructure initiatives

  4. Services • Funding • Links to venture capitalists and private investors • Links to research universities and colleges • Links to professional service providers

  5. Why Ben Franklin’s Work is Distinctive: • Focus on innovation • Enterprise-wide perspective • Measured on clients’ commercial success

  6. Capital – BF/NEP Investments • Typically range from $30,000 to $150,000 per year • Funding for up to three years • Funding decisions made monthly

  7. InvestmentsEarly-Stage Companies Established Manufacturers • Taking calculated risks in young companies • Providing applied solutions through PA colleges and universities • Providing initial investment endorsement • Preparing companies for follow-on funding

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