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LEHIGH VALLEY WEATHER

Ben Franklin to invest $207,200 in the regional economy

The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $207,200 in support of regional economic development. Five companies from throughout BFTP/NEP’s 21-county service area received funding in the form of loans with warrants, including two locally:

Celebr8 Life, Inc., https://celebr8.life/, Ben Franklin TechVentures, Bethlehem

Ben Franklin Investment: $80,000

Launch and market a mobile application that streamlines event coordination, photo sharing, the creation of highlight reels, and the storage of life memories. Through integrated event coordination, Celebr8 Life makes it easier and lower cost for users to present and manage events, and helps them leverage digital assets to produce a quality keepsake memory movie.

PMA-13, Inc., http://www.clarkesystems.com/, Allentown

Ben Franklin Investment (continuation project): $8,000

University Partner: Lehigh University’s Center for Supply Chain Research

Implement a new Enterprise Resource Planning (ERP) system at this producer of signage for government organizations, hospitals, and companies under the Clarke Systems and People Signs brands. The new ERP system will streamline and simplify processes, improve supply chain visibility, and advance financial operations to enhance customer service and accommodate anticipated growth.

Contributed article