Pennsylvania Statutes Title 73 P.S. Trade and Commerce § 400.55. Ben Franklin Technology Partners

(1) Serve as the Commonwealth's key regional partners in identifying, developing, adapting and implementing advanced technologies to enable the growth and competitiveness of existing and emerging companies through technology development, commercialization and implementation.

(2) Act as regional facilitators and managers for interactions, programs and initiatives by and among the authority, technology enterprises, economic development organizations, corporate community, academic/research institutions, government, organized labor and other interests working collaboratively to advance the development of a technology-based economy across this Commonwealth.

(3) Directly provide, and serve as the conduit to, seed and later-stage capital for existing and emerging companies involved in the development and commercialization of technologically advanced products and processes.

(4) Develop, provide or support business incubation resources and space and facilitate the development of technology business campuses.

(5) Establish and administer a research grant fund for the economic impact assessments of university-based technology development projects seeking funding through the authority.

(6) Establish partnerships to support and enhance the scale, scope and impact of initiatives that support the purpose and mission of the authority and the partners.