BETHLEHEM (WOLF) \u2014 Ben Franklin Technology Partners of Northeastern Pennsylvania has approved more than $2.3 million in investments to help 16 companies expand operations, develop new technologies and create jobs across the region.<\/p>\n
The organization announced it approved $2,316,250 in funding during the fourth quarter of fiscal year 2026. The investments include support for 13 early-stage companies and three established manufacturers.<\/p>\n
Among the companies receiving funding are several based in northeastern Pennsylvania.<\/p>\n
Columbia County’s CoStream Technologies will receive support to continue developing technology that monitors and secures municipal water systems.<\/p>\n
Lackawanna County-based Global Key Solutions, operating under the KeyPedia brand, will use the investment to advance its artificial intelligence-powered platform that analyzes regulatory, government and business documents to provide compliance and data insights.<\/p>\n
In Wayne County, Redemption Business Solutions will continue expanding its cloud-based enterprise resource planning software designed for lease-to-own retailers and other businesses seeking to modernize operations.<\/p>\n
Sullivan County’s Unity Laundry Systems Corporation (UnityLab) will receive funding to grow its remote commercial laundry equipment diagnostics and repair platform, which helps businesses reduce downtime and service costs.<\/p>\n
Several Northampton County companies also secured investments, including Ideal Semiconductor Devices, ImmuNovX Biotech, NovaData Solutions and Spacecraft Automation, each developing technologies ranging from power semiconductors and DNA vaccines to insurance analytics and automated drive-thru kiosks.<\/p>\n
Some of the projects were partially financed through the Pennsylvania Small Business Credit Initiative administered by the Department of Community and Economic Development.<\/p>\n
Ben Franklin Technology Partners of Northeastern Pennsylvania provides investment capital and business support to startups, manufacturers and business incubators throughout its 21-county service area. The organization said the latest round of funding is intended to spur innovation, strengthen regional businesses and create high-paying jobs across northeastern Pennsylvania.<\/p>\n","protected":false},"excerpt":{"rendered":"BETHLEHEM (WOLF) \u2014 Ben Franklin Technology Partners of Northeastern Pennsylvania has approved more than $2.3 million in investments…\n","protected":false},"author":2,"featured_media":235383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[119,121,120],"class_list":["post-235382","post","type-post","status-publish","format-standard","has-post-thumbnail","category-allentown","tag-allentown","tag-allentown-headlines","tag-allentown-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/235382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=235382"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/235382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/235383"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=235382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=235382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=235382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}