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Ben Franklin announces latest investments
Stacy Wescoe//May 5, 2021
Ben Franklin Technology Partners of Northeastern Pennsylvania has announced that it has made more than $207,000 in investments in local companies.
Among those receiving funds is Celebr8Life Inc. of Bethlehem, which is receiving $80,000 to launch and market a mobile app that streamlines event coordination, photo sharing and the creation of highlight reels.
Ben Franklin also provided $6,700 in 1:1 matching funds to M.J. Reider Associates of Reading to work with Alvernia University’s O’Pake Institute for Economic Development and Entrepreneurship to help the private contract laboratory improve efficiencies and enhance its customer service.
PhytogenX Inc. of Morgantown received $12,500 to work with the O’Pake Institute so that the beauty and skincare manufacturer can improve manufacturing efficiencies and streamline marketing.
PMA-13 Inc. of Allentown received $8,000 to work with Lehigh University’s Center for Supply Chain Research to help the sign producer implement a new enterprise resource planning system to accommodate anticipated growth.
