Scout | dced/9: Ben Franklin Technology Developtment Authority: Venture Investment Program (BFTDA-VIP)

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Ben Franklin Technology Developtment Authority: Venture Investment Program (BFTDA-VIP)

Pennsylvania’s Ben Franklin Technology Development Authority Venture Investment Program (BFTDA-VIP) provides additional risk capital to support technology-oriented businesses. The program aims to help portfolio companies grow and strengthen Pennsylvania’s technology-based economy and competitiveness in global markets.

Source

Agency: Pennsylvania Community & Economic Development

Dates

Application Deadline: June 30, 2035

Eligibility

Pennsylvania

Nonprofit

Eligibility Requirements 1. The applicant must be a not-for-profit organization or educational institution located within Pennsylvania. Match Requirements 1. All applicants must provide a minimum of a 1:1 match in funding for the project. In addition: 2. The applicant must further demonstrate that at least 50% of the required 1:1 match is in the form of cash. Otherwise stated, no greater than 50% of the required 1:1 match may be in the form of in-kind support.

Keywords

venture investment

risk capital

technology-based economy

pa startups

commercialization

early-stage growth

Supporting Links

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Documents

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