BFTP/NEP is making loans to these to early-stage companies:
Colymer Industries, Ben Franklin TechVentures
, Bethlehem, $35,000 to complete a new financial model, strategic business plan, corporate operating agreement, and assignment of intellectual property for this manufacturer of proprietary non-asphalt roofing materials.
Columbia County Bread & Granola
, Bloomsburg, $28,000 to complete development of a strategic business plan that will help the company expand into new markets and raise capital as needed for its line of food products for health-conscious consumers and individuals who suffer from a variety of dietary restrictions.
, Hawley, $81,000 to develop and implement enhanced sales strategies for the company’s web-based customer feedback system for procurement professionals.
LLC, Ben Franklin TechVentures, Bethlehem, $75,000 to continue commercialization and enhancement of hardware and software products for this developer of audio streaming and distribution products.
PROVA Systems and Technologies
, Inc., Carbondale, $60,000 to support the commercialization of a fleet management software system for small and medium-sized enterprises, and family fleets.
, Ben Franklin TechVentures, Bethlehem, $100,000 to support a focused sales and marketing effort in commercializing software for business cleaning services, property and facility managers, and building management contractors
These tech-based, established manufacturers and their higher-ed partners are receiving 1:1 matching funds:
Inc., Allentown,and Philadelphia University, $50,000 to develop and implement a new process and deploy equipment for the waterless dyeing of textiles for business-to-business sales to clothing manufacturers and textile companies.
, LLC, Reading and Northampton Community College’s Emerging Technologies Applications Center, $27,650 to conduct testing of energy-efficient, micro-fin refrigeration tubes at this manufacturer of copper tubing for plumbing, refrigeration, and other commercial applications.
Custom Processing Services
, Inc., Reading and Northampton Community College’s Emerging Technologies Applications Center, $50,000 to investigate how the waste energy from a proposed thermochemical process can be used in the company’s manufacturing processes and as a potential fuel source and to determine the economics, technical, and environmental issues involved with the process. The company provides sophisticated air-jet milling, micronizing, blending, and testing of powered materials on a contract basis.
LLC, Allentown and Lehigh University’s Enterprise Systems Center, $25,000 to implement a new Enterprise Resource Planning system with features to accommodate facility expansion and maintain quality for this maker of equipment for hobby reef aquariums.
Georg Fischer Harvel
, Easton and Lehigh University’s Enterprise Systems Center, $50,000 to complete a sustainability analysis to reduce energy consumption by 20% or more. GFH is an international leader in thermoplastic extrusions, primarily manufacturing PVC and CPVC piping for diverse target markets in high-end applications such as microelectronics and pharmaceuticals.
, Nesquehoning and Lehigh University’s Enterprise Systems Center, $25,000 to develop new finishing processes associated with the pumper truck and tanker truck. KME Fire Apparatus is an industry leader in the design and manufacture of custom fire and fuel tanker vehicles and equipment, and the largest privately held manufacturer of fire trucks in the nation
Inc., Dunmore and Penn State, $15,154 to survey and test three new, more cost-competitive tread infills at this manufacturer of metal stairs, gratings, and floor plates. McGregor will also test the tread infills for material characterization and stair tread structural and slip performance.
Writer: Elise Vider