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Follow on Google News | Ben Franklin Technology Partners Creates/Retains 904 Jobs in 2013By: Ben Franklin Technology Partners of NE PA Impact results are a summation of the accomplishments of Ben Franklin’s work as reported by client companies. Clients credit the impact figures as having been a direct result of Ben Franklin funding and support. Results are reported by Ben Franklin to the Pennsylvania Department of Community and Economic Development, which funds the statewide Ben Franklin program. "Creating high-paying, sustainable jobs in growing technology sectors is a proven way to build a region’s economy,” said R. Chadwick Paul, Jr., President and CEO of BFTP/NEP. “Our investments and support have accelerated the success of start-up technology firms and have helped established manufacturers to apply technology to increase their competitiveness.” The Ben Franklin Technology Partners of Northeastern Pennsylvania links clients with universities, funding, and other resources to help them prosper through innovation. BFTP/NEP’s strategy encompasses three key areas: developing early-stage, technology-oriented companies; helping established manufacturers creatively apply new technology and business practices; and promoting an innovative community-wide infrastructure that supports a favorable business environment for high-growth companies. The northeastern center is part of a four-center, state-funded economic development initiative. BFTP/NEP is headquartered in, owns, and manages Ben Franklin TechVentures® In 2013, the Ben Franklin Technology Partners of Northeastern Pennsylvania reported the following results: Created 394 New Jobs Retained 510 Existing Jobs Started 16 New Companies Developed 90 New Products and Processes The Ben Franklin Technology Partners of Northeastern Pennsylvania was established in 1983, and has achieved the following cumulative results: Created 16,214 New Jobs Retained 22,155 Existing Jobs Started 458 New Companies Developed 1,279 New Products and Processes An independent study produced by the Pennsylvania Economy League shows that Pennsylvania’ End
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