Ben Franklin to Invest $191,000 in Regional Economic Development.LEHIGH VALLEY The Lehigh Valley or the Allentown-Bethlehem-Easton, PA-NJ metropolitan area is a metropolitan region in eastern Pennsylvania and western New Jersey, in the United States. It is the third-most populated metropolitan region in Pennsylvania, after Philadelphia and Pittsburgh. , Pa. -- The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) board has approved investments of $191,000 with two companies: Ben Franklin will invest in the following early-stage companies: Halide halide: see halogen. Group Inc, Allentown, Lehigh County Ben Franklin Investment: $66,000 Project: Develop a portable and efficient unit that generates and monitors chlorine dioxide chlorine dioxide, n an oxidizing agent used in oral care to decrease amounts of volatile sulfur compounds that may cause halitosis. gas to decontaminate de·con·tam·i·nate tr.v. de·con·tam·i·nat·ed, de·con·tam·i·nat·ing, de·con·tam·i·nates 1. To eliminate contamination in. 2. bio-enclosures. Ben Franklin funding will help the company to begin commercialization of its DiOxiClean decontamination decontamination /de·con·tam·i·na·tion/ (de?kon-tam-i-na´shun) the freeing of a person or object of some contaminating substance, e.g., war gas, radioactive material, etc. de·con·tam·i·na·tion n. product line by developing beta test units for demonstration. Sol-Ler Manufacturing & Finishing Inc., Watsontown, Northumberland County Ben Franklin Investment: $125,000 Project: Implement processes and procedures to enhance in-house capabilities in order to create a "one stop shop" for metal finishing and metal fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. . Sol-Ler provides powder coating, zinc electro-plating, and black oxide metal finishing. In conjunction, the company provides component fabrication, assembly, packaging, and warehousing if needed. About BFTP/NEP: BFTP/NEP links companies with experts, universities, funding, and other resources to help them prosper through innovation. The strategy encompasses three key areas: developing early-stage, technology-oriented companies; helping established manufacturers creatively apply new technologies and business practices; and promoting an innovative community-wide infrastructure that fosters a favorable business environment for high-growth companies. The northeastern center, located on the campus of Lehigh University with regional offices in Lewisburg, Reading, and Wilkes-Barre, is part of a four-center, state-funded economic development initiative. |
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