04/15/24 - 66 New Stories - REAL Environmental & Conservation Leadership In PA: http://tinyurl.com/msuwtctm
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DCED Awards $4 Million In Energy Related Grants
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New state investments in Pennsylvania’s technology sector will help bring innovative products to the marketplace and strengthen Pennsylvania’s energy industry, Department of Community and Economic Development acting Secretary C. Alan Walker announced this week.
The $4 million investment, funding for which was included in the state’s General Fund budget, was approved by the Ben Franklin Technology Development Authority. The authority is designed to help Pennsylvania entrepreneurs build globally competitive technology companies in the Commonwealth.
“Pennsylvania has the ability to not only be a contender in the innovation economy but to be a global leader,” Acting Secretary Walker said. “The investments we are making today will strengthen Pennsylvania’s economic core and build the framework for a strong future.
“Our universities, researchers and entrepreneurs are some of our greatest assets, and these investments are giving them the momentum they need to take new products to market, build new companies and, ultimately, create good jobs.”
The Ben Franklin Technology Development Authority is one of the nation’s largest and most-replicated state technology development programs, providing a vehicle for investment in economic, community and university-based innovation.
In 2009-10, the programs administered by the Ben Franklin Technology Development Authority created more than 3,000 jobs, retained another 4,500 jobs, helped to form 140 new companies, and leveraged $994 million in public and private investments.
A list of grants awarded is available online.
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2/7/2011 |
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