Portfolio.com features the Ben Franklin TechVentures incubator in Bethlehem, highlighting its 23-year history and track record of launching successful companies.
Ben Franklin touts a pretty impressive roster of achievements in its time. It has spawned 420 companies which have developed 1,017 new products and created 14,922 jobs, and generated $9.3 billion for the Pennsylvania economy. Among the companies funded are Ciclon, a semiconductor firm that was sold to Texas Instruments. It’s been successful enough that Ben Franklin is expanding campus to accommodate Ciclon, now called Texas Instruments Lehigh Valley.
Ben Franklin was recently recognized by Inc. Magazine as one of the nation's top 10 incubators.
Original source: Portfolio.com
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