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The Ben Franklin Technology Development Authority (BFTDA) approved $3.15 million in funding for five University Research Commercialization Program grants to support energy, advanced materials and nanotechnology research and development activities.

"The support the commonwealth provides to our universities, researchers and entrepreneurs is often that last piece of the puzzle needed to take new products to market, build new companies, and create high-paying jobs," said Department of Community and Economic Development Secretary C. Alan Walker. "With continued growth in early-stage and established technology firms, Pennsylvania can become a world leader in accelerating and supporting innovation."

To read the full, original article click on this link: Pennsylvania DCED: New Investments Accelerate Technology Commercialization, Help Grow Industry Statewide