Ask Legislators To Restore Ben Franklin Tech Budget To Support PA Entrepreneurs

  • Ask Legislators To Restore Ben Franklin Tech Budget To Support PA Entrepreneurs

    Pivotal Business Solutions has a special relationship with Ben Franklin Technology Partners so we have the urgent plea below. PBS has performed 13 due diligences for Ben Franklin leading to funding, jobs and success for Pennsylvania entrepreneurs.

    We have several of our clients who have gotten early-stage funding, we have one client now in the BFTP fin-tech accelerator and others applying for funding.

    BFTP is a great part of the PA venture community. Please read the letter below from RoseAnn B. Rosenthal for how you can help.

    Dear Ben Franklin Technology Partners community,

    As an advocate of Ben Franklin’s work in stimulating the growth of the innovation economy of Greater Philadelphia, we’re calling for your support.

    The latest proposed House of Representatives version of the Pennsylvania state budget contains a 50% reduction in funding to the Ben Franklin Technology Partners for fiscal year 2018. This follows a 50% budget cut the Partnership sustained in 2008, that has never been restored. The proposed allocation would mean that each of the four Ben Franklin Technology Partners would receive $1.8M in funding for company investments and support of our innovation economy.

    We are calling for your help to ensure that Governor Wolf’s proposed allocation to the Ben Franklin Technology Partners is restored to $14.5M. Your legislative members need to hear from you—their constituents—about the value of Ben Franklin to you, to Southeastern Pennsylvania’s emerging technology sector and to the ability of Pennsylvania to compete in attracting talent in a changing economy.

    We’ve provided an automated tool for sending emails to your PA legislators. Just plug in your contact information and click send to forward the pre-drafted message to your legislators, or edit with your own thoughts and words.

    Let Harrisburg know that full funding for the Ben Franklin Technology Development Authority through the Department of Community and Economic Development is the smart choice for Pennsylvania’s future. Please contact your legislators to urge them to restore the BFTDA line item for DCED to $14.5 million.

    It is the support of leaders like you, that have made Ben Franklin one of the most consistently successful engines for economic growth in Pennsylvania’s history. Yet without enough fuel, no engine can achieve its progress.

    Your partners with a Purpose,

    RoseAnn B. Rosenthal                             Charles M. Robins
    President and CEO                                   Chairman of the Board


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