Ben Franklin’s $ 495,000 Funding Round Includes Three Berks Companies



the Ben Franklin Technology Partners of Northeastern PennsylvaniaThe Board of Directors of (BFTP / NEP) approved the investment of $ 495,000 in support of regional economic development. Eleven enterprises in the service area of ​​21 BFTP / NEP counties received funding.

BFTP / NEP announces the following early stage business investments, which are provided in the form of loans with warrants.

Cadence Applied, LLC, Scranton – $ 100,000

Develop, test and market ‘CareWide’, a simple and easy-to-use mobile application with a web-based administrative dashboard that allows individual home care workers to manage their own services, check their time and be paid transparently. The patented Software-as-a-Service (SaaS) platform maximizes the productivity of home care workers and provides information and safety to patients, family members and caregivers. The company’s mission is to bridge the gap between the self-employed and clients who need home services, allowing aging adults to stay in their homes longer.

DetectBee, Inc., Bethlehem – $ 25,000

Full development and commercialization of DetectBee’s Software-as-a-Service (SaaS) MVP platform that enables users to detect cybersecurity vulnerabilities both in their own systems and in those of third-party systems linked to them through interfaces. By providing an overview of networks, DetectBee protects customers and their supply chains.

Low & Go, LLC, Honesdale – $ 100,000

Support marketing and durability and safety testing to market a power wheelchair with standard rear-wheel drive and lower center of gravity, providing “no-tip” versatility for indoor or outdoor use. The chair extends 22 inches when lowered into a go-cart configuration, allowing for greater versatility. The Low & Go wheelchair can travel to places inaccessible with other wheelchairs, including trails and woods, safely at speeds of up to 6½ miles per hour, and allows users to pick up objects on the ground.

Huntley & Co., Easton – $ 80,000

Obtain a license for S. Huntley & Company in Pennsylvania and New Jersey as a non-bank auto financier. Also, secure partner dealers, start building website, and start monthly subscription service in support of finance tools. The company’s product, Toppcar.com, is an online retail and finance platform that enables the growing segment of modern classic car consumers and dealers to buy and finance cars entirely online.

Biosciences thread, Ben Franklin TechVentures, Bethlehem – $ 50,000

To market a patented diagnostic test, CultureStat, for urinary tract infections (UTIs) that is faster, more accurate and less expensive than current tests. CultureStat can be used at the point of care to reduce commonly misdiagnosed UTIs and poorly prescribed antibiotics. With around 150 million UTIs per year, it is the most common infection in women and the second leading cause of infection overall, accounting for $ 6 billion in health care spending.

Ben Franklin is providing 1: 1 matching funding for work with a partner college or university on technological innovation in established manufacturers.

Bosch Rexroth Corporation, Bethlehem – $ 25,000

University partner: Enterprise Systems Center at Lehigh University

Develop and implement simulation-based planning software for the company’s CNC machine planning system to improve throughput and reduce lead times, providing greater capacity. Bosch Rexroth manufactures motion control equipment, including hydraulic and pneumatic components.

Gillette Industrial Services, Inc., Bangor – $ 25,000

University partner: Enterprise Systems Center at Lehigh University

Complete the layout plans for the facilities of the company’s new campus to facilitate growth and prepare for ISO quality system certification. D. Gillette Industrial Services designs, manufactures and repairs maintenance equipment for US military and industrial customers.

Heyco Metals, Inc., Reading – $ 25,000

University partner: O’Pake Institute of the University of Alvernia

Implement a new enterprise resource planning (ERP) system to improve supply chain and customer service, and support growth. Heyco Metals is a precision plant that manufactures high quality copper, copper alloy and stainless steel products to exacting specifications for the automotive, aerospace, connector and large electronics industries. public.

Joe Jurgielewicz & Sons, LTD, Hamburg – $ 15,000

University partner: O’Pake Institute of the University of Alvernia

Develop a factory plan for a new facility and an overall master plan for the manufacturing site to increase capacity and optimize production. Joe Jurgielewicz & Son is a duck production company that supplies restaurants, foodservices and institutions in the United States. The company is vertically integrated from breeding to delivery and uses sustainable and environmentally friendly agricultural practices.

LifeAire Systems, LLC, Allentown – $ 25,000

University partner: Lehigh University

Develop additional applications for LifeAire Systems technology. LifeAire discovers, develops, manufactures and markets revolutionary air purification systems for the healthcare industry. The systems are clinically proven and proprietary, and effectively remove viable and chemical pathogens in a single pass, without any harmful by-products or ozone produced.

S&W Metal Products, LLC, Gilbertsville – $ 25,000

University partner: O’Pake Institute of the University of Alvernia

Model the existing production facility to optimize process flows and enable the acquisition of new equipment. Develop a strategic facility master plan in support of long-term business growth goals. S&W Metal Products is a full-service sheet metal fabrication shop, manufacturing a wide range of recurring and custom precision products.


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