Governor Rendell announces continued support of technology-focused economic development strategy for advanced technology and high-tech jobs.
Category: Engineering News
Posted by: sxc1
on Sep 26, 2005
Governor Edward G. Rendell announced Friday (9/22/05) more than $6.5 million in investments by the Ben Franklin Technology Development Authority (BFTDA) to support his technology-focused economic development strategy and the creation of advanced technology and high-tech jobs. "Today we are funding ground-breaking initiatives and programs to support our strong commitment to the advancement of technology across the commonwealth." Governor Rendell said. "Not only will these programs support the commonwealth's emerging small businesses, but also our univesities and communities where new ideas and new technologies are emerging."
"These projects will enhance partnerships with new, hi-tech businesses that will create new, quality jobs for Pennsylvanians," the Governor added. "Pennsylvania last year, along with its partners, invested approximately $175 million in more than 80 biosciences companies," Governor Rendell added. "As a direct result of that public investment, the private sector has invested an additional $700 million to help grow existing biosciences companies and attract new firms to the commonwealth."
The BFTDA is a state-funded network dedicated to fostering technology innovation, strengthening the commonwealth's economy and creating and retaining high-salary jobs that require advanced skill levels. The BFTDA provides funding for a host of technology initiatives and supports four Ben Franklin Technology Partners throughout Pennsylvania that identify the most promising technological ventures and support them with technical assistance and capital.
The full story is available at the Sept. 22 PRNewswire
Source: PRNewswire
"These projects will enhance partnerships with new, hi-tech businesses that will create new, quality jobs for Pennsylvanians," the Governor added. "Pennsylvania last year, along with its partners, invested approximately $175 million in more than 80 biosciences companies," Governor Rendell added. "As a direct result of that public investment, the private sector has invested an additional $700 million to help grow existing biosciences companies and attract new firms to the commonwealth."
The BFTDA is a state-funded network dedicated to fostering technology innovation, strengthening the commonwealth's economy and creating and retaining high-salary jobs that require advanced skill levels. The BFTDA provides funding for a host of technology initiatives and supports four Ben Franklin Technology Partners throughout Pennsylvania that identify the most promising technological ventures and support them with technical assistance and capital.
The full story is available at the Sept. 22 PRNewswire
Source: PRNewswire



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