Walnut Street Labs: Ben Franklin Technology Partners Briefs Startuppers In West Chester

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Walnut Street Labs
Walnut Street Labs, Ben Franklin Tech PArternrs
Mark DeGrantpre of Ben Franklin Technology Partners briefs entrepreneurs at Walnut Street Labs. --photo via Jehrin Flanik, WSL.

By Doug Keller, Social Media Coordinator at Walnut St. Labs

Last Thursday, Mark DeGrantpre travelled to West Chester to speak on behalf of Ben Franklin Technology Partners of South Eastern Pennsylvania. The topic of the briefing was commercialization and investment. As Mark spoke, there appeared to be a hunger in the room. The large crowd that had assembled sat tentatively and eager to devour any information Mark divulged about his company.

Walnut Street Labs
Ben Franklin Technology Partners connects startups with early-stage state funding.–Photo via Jehrin Flanik, WSL

As their website states, “for over 30 years, Ben Franklin Technology Partners has been the leading seed-stage capital provider for the region’s technology sectors, investing over $175 million in more than 1,750 regional technology companies, many of which have gone on to become industry leaders.” A partnership with Ben Franklin can make a huge difference for a new or established business. In the last three months Ben Franklin has invested in BioBots and ROAR, both of which had their founders speak at WSL as part of the “Startup Meetup” series.

“Are they doing something new in science, engineering, or technology, and would our money be used to help grow the top line? If those two things are yes, then you’re automatically a company that could be right for us,” Mark DeGrantpre stated when a member of the crowd asked what qualified a company.

You can find Mark’s presentation and read more from Doug on  this week’s Startup Meetup speaker Rob Morris over at Walnut Street Labs.

 

 

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