Ben Franklin to Invest $524,623 in Early-Stage Companies.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 This mountainous area of Pennsylvania includes the Pocono Mountains, the Endless Mountains and former anthracite coal mining cities and towns, including Carbondale, Scranton, Pittston, Wilkes-Barre, Nanticoke and Hazleton. U.S. Presidents Harry Truman and George W. (BFTP/NEP) board approved investments of $524,623 in four Pennsylvania companies. BFTP/NEP is a state-funded economic development organization that links early-stage companies and established manufacturers with experts, universities, funding, and other resources to help them prosper through innovation. BFTP/NEP will invest in the following companies: Core People Resources, Wind Gap, Northampton County Northampton County is the name of several counties in the United States:
Ben Franklin Investment: $149,623 Project: Support, customize, and market the company's web-based system that supports the human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. function of small and mid-sized companies. The company's CPR Cardiopulmonary Resuscitation (CPR) Definition Cardiopulmonary resuscitation (CPR) is a procedure to support and maintain breathing and circulation for a person who has stopped breathing (respiratory arrest) and/or whose heart has stopped (cardiac product allows payroll companies, insurance brokers and related businesses to provide their clients with an increased level of human resources services and support, thus allowing them to compete more effectively. JADO JADO joint air defense operations (US DoD) Technologies, Ben Franklin Business Incubator, Bethlehem, Northampton County Ben Franklin Investment: $150,000 Project: Develop and conduct Phase II clinical studies for JADO Technologies' lead allergy compound. The company is developing products on a new drug discovery technology platform. Efforts to date have led to the discovery of novel agents to treat allergic reactions, influenza, tuberculosis and Alzheimer's disease Alzheimer's disease (ăls`hī'mərz, ôls–), degenerative disease of nerve cells in the cerebral cortex that leads to atrophy of the brain and senile dementia. . MarketReaderPro, Germansville, Lehigh County Ben Franklin Investment: $150,000 Project: Continue to develop new, innovative market research tools utilizing the Internet and proprietary technology solutions. The company enables clients to enjoy quick or real-time customer-sourced information turnaround for timely and reliable market analysis at a competitive cost. Market Reader Pro's current client roster includes numerous Fortune 500 companies. Viddler, Inc., Ben Franklin Business Incubator, Bethlehem, Northampton County Ben Franklin Investment: $75,000 Project: Commercialize Viddler's new on-line video platform available through a free web-based service. The platform provides a variety of new and unique software tools for enhancing and sharing digital video. Services will enhance the on-line video experience for both consumers and commercial applications. |
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