BFTP/SEP, part of a statewide network supported by the Pennsylvania Department of Community and Economic Development, provides capital and expertise in technology, finance and business that helps entrepreneurs and established businesses overcome challenges and plan for growth. Through our network of resources, the organization fosters dynamic relationships among companies, institutional and private investors, research institutions and the university community.

In 2001 the Commonwealth of Pennsylvania passed the Ben Franklin Technology Development Authority Act. The legislation established the Ben Franklin Technology Development Authority and charged it with coordination of BFTP programs and investments that advance the competitiveness of Commonwealth companies in the global economy.