Providing capital, knowledge & networks since Federal Laboratory Consortium Mid-Atlantic Regional Meeting Ben Franklin Technology Partners of Southeastern Pennsylvania Susan Evatt, Senior Director Technology Commercialization Group September 15, 2005

Providing capital, knowledge & networks since Ben Franklin Technology Partners Created 1982 Regionally based: 4 partners Headquarters: Philadelphia, Lehigh, Pittsburgh, State College Private 501 c(3) non-profit corps Statewide director for joint initiatives BFTP/SEP: Five counties: Bucks, Chester, Delaware, Montgomery, Philadelphia Ben Franklin Technology Development Authority State policy board Chaired by DCED Secretary

Providing capital, knowledge & networks since Ben Franklin’s Statewide Impact )Measurable & independently verified ( ) 39,413 High Value Jobs Created & Retained Average wage 28% more than state average 1,199 New Technology Companies Funded 4,775 Products & Processes Implemented & Commercialized ( )Independent impact report ( ) $8 billionBolstered state economy by $8 billion 23:123:1 return on the state’s investment $400 millionGenerated more than $400 million in additional tax revenue

Providing capital, knowledge & networks since Ben Franklin in Southeastern Pennsylvania

Providing capital, knowledge & networks since Ben Franklin Technology Partners of Southeastern Pennsylvania: Our Approach Capital…Knowledge…Networks Capital: Investment Group Capital for innovative start-up & established technology enterprises Partner in venture capital funds Partner with angel investor networks Ben Franklin Investment Partners Pre-seed: SBIR; Proof of Concept pools Business development assistance for portfolio companies Knowledge: Technology Commercialization Group Product development & commercialization solutions –Increased competitiveness & market expansion Technology-specific partnerships Technology Commercialization Network 20 member universities Networks: Regional Technology Initiatives Develop, seed & implement Longer term, transformative impact Technology Hubs, KIZs

Providing capital, knowledge & networks since Capital… Knowledge…Networks Investment Group Direct investment portfolio: –$22+ million, 137 company investment portfolio –$110 million invested in 1,400 regional enterprises since 1983 –More than $75+ million of follow-on investment in FY’04 Investment Partner in privately managed venture funds, capital pools and investment programs More than money –Mentoring / Milestone Coaching; Business / Business Plan Development; Business Information & Competitive Intelligence; Management Recruitment; Advisory Board / Board of Directors; Development; Capital Contacts; Entrepreneurial / Business Networks

Providing capital, knowledge & networks since Capital …Knowledge… Networks Technology Commercialization Group Technology Commercialization Network: 20 participating institutions Federally funded model for industry/academic partnerships Dual approach: one-on-one company/university projects; collaborative company/ university/govt. initiatives NSF Partnership for Broadband Wireless Innovations Villanova, Widener, AFRL, NSWCCD, BFTP/SEP, Community Colleges, High School, Large Corps, Small Companies Consortium for Sustainable Design and Research Philadelphia U, Villanova, Temple, Del Val Green Bldg. Council, BFTP/SEP Ben Franklin Innovation Center  National Center for Translational Research Ag-based viral research; bio community; spin-outs Drexel U, Del Val Clg, Hepatitis B Foundation

Providing capital, knowledge & networks since Capital …Knowledge… Networks Launched in 2001/02 by BFTP/SEP, Drexel University & The University of Pennsylvania A comprehensive model designed to be a catalyst for regional nano development & commercialization Seeded with $12.8M from the Commonwealth of Pennsylvania & $1.3M from BFTP/SEP Regional Technology Initiatives ECONOMIC RESEARCH & PLANNING INDUSTRY INFORMED TECHNOLOGY DEVELOPMENT ENTERPRISE DEVELOPMENT & COMMERCIALIZATION RISK CAPITAL COMMUNITY OF INTEREST NETWORKS EDUCATION & WORKFORCE DEVELOPMENT NTI A comprehensive, holistic approach.

Providing capital, knowledge & networks since Capital …Knowledge… Networks Bio Sensors Drug Delivery Systems One- Dimensional Probes Four Core Research Areas Tissue Engineering $90+M Federal R&D grants awarded ($8.8 federal:$1 state) Industry guided technology development 43 research faculty & 103 support post docs, grads & students representing 11 universities Focus on commercialization approaches  3 NTI related companies  NTI Applications Fund  SRA initiatives  Corporate member common research issues

Providing capital, knowledge & networks since Capital …Knowledge… Networks Corporate Membership  Charter Member ($50,000 / year) Right of first review for IP generated by the NTI One seat on the Technical Advisory Committee (TAC) of the NTI for input to the directions of research of the Core Research Teams Annual private day-long conference between corporate member scientists (up to 5) and the faculty members of the core research teams Quarterly research reports  More corporate member benefits under development

Providing capital, knowledge & networks since Capital…Knowledge… Networks A collaborative effort, established to position the tri-state region (DE, NJ, & PA) –Founded by the New Jersey Commission on Science & Technology, Delaware Technology Park & BFTP/SEP; U.S. Dept. of Commerce/EDA funded Objectives –Securing and Attracting Funding Facilities, research, commercialization, investments –Developing & Disseminating Information & Knowledge Best Practices, policy & planning, emerging opportunities –Positioning the region Unified message, critical mass, diverse strengths Regional Initiatives

Providing capital, knowledge & networks since For more information, contact: Susan Evatt, Senior Director Technology Commercialization Group x 3059 Visit us online at