First-Time Portfolio Investments:

Etcetera Edutainment
Approved investment: $200,000
Etcetera Edutainment has developed a game engine technology for building educational and training applications based on video game-like, immersive simulation.

Re-Investments in Existing Portfolio Companies:

Alertek (no website)
Approved investment: $75,000
Alertek helps prevent the structural collapse of mines, bridges, tunnels and other infrastructure using sensors and electronics that detect signals related to structural weakening.

Blue Belt Technologies
Approved investment: $100,000
Blue Belt Technologies has developed a hand-held "smart" drill capable of millimeter accuracy for use in orthopedic surgery and neurosurgical procedures.

Bossa Nova Concepts
Approved investment: $200,000
Bossa Nova Concepts is a Carnegie Mellon spinout dedicated to designing, developing and commercializing the next generation of robotic toys.

Thermal Therapeutic Systems
Approved investment: $100,000
Thermal Therapeutic Systems is an early-stage company developing a medical device for the treatment of advanced abdominal cancers using heat-activated chemotherapies.

TowerCare Technologies
Approved investment: $100,000
TowerCare provides software as a service to nonprofits which allows the organizations to raise more money, operate more efficiently and communicate more effectively with donors.

Innovation Adoption Grant Recipients:

Baur Machining
Approved investment: $32,000
BFTP's Innovation Adoption Grant is being used by Baur Machining to design and program a robotic arm to automate and upgrade a currently manual process. This will allow the company to increase the efficiency of their parts machining process and alleviate a bottleneck in their current work flow.

MECCO Marking & Traceability
Approved investment: $50,000
MECCO is using their Innovation Adoption Grant to design and test a prototype for a new laser product line. The new product is expected to be less expensive, more reliable and likely to help generate repeat sales for the company.