On September 18, 2008, the Board of Directors for Ben Franklin Technology Partners of Central and Northern Pennsylvania approved a $769,000 investment in six emerging tech-based businesses located in the 32-county footprint served by the center. The board meeting was the second round of funding for the center’s 2008-2009 program year.

Keystone Nano, Inc.
Centre County
Approved Investment: $200,000
To help further commercialize a new nano-particle technology called NanoJackets™ that will be used for enhanced cancer therapies. The company, which has licensed two Penn State patents, has developed a drug delivery platform based on their technology.

Solarity LLC
Centre County
Approved Investment: $100,000
To develop prototypes of Solarity lateral collection solar cells, which offer the promise of significant efficiencies while using lower-cost materials.

Intelmarx, LLC
Blair County
Approved Investment: $50,000
To further develop and market its SocialGood and Datamarx software that assists nonprofits in relationship-building and fundraising activities. The software’s primary purpose is to identify the website visitor based on information in the database and then dynamically interact with that person.

Intimal Health, LLC
Indiana County
Approved Investment: $125,000
To further develop a web-based tool that helps patients achieve better outcomes in cardiac care. Intimal Health offers a systematic way to identify patients at risk and subsequently teach them and their physicians how to implement strategies that reduce the patient’s risk while also tracking his/her progress.

RAVtech, Inc.
Erie County
Approved Investment: $147,000
For the further development of parts that will be supplied to the general aviation market. The components, which are used primarily in aircraft piston engines, are designed with state-of the-art materials and an efficient, cost-saving manufacturing process.

Trauma Technologies, Inc.
Erie County
Approved Investment: $147,000
The company designs and manufactures spine boards used by emergency medical personnel. The boards are designed with a slight central concavity, and gel pads are placed in areas most effective in reducing pain/pressure on the patient during transport.