Evaluation: Ben Franklin Technology Partners provides $6.6 billion boost over five years
Ben Franklin Technology Partners has increased the state's economy by about $6.6 billion from 2007 through 2011 and produced a rate of return on the commonwealth's $137.7 million investment during the period of about 3.6 to one, according to the results of a third-party evaluation announced Monday.
The evaluation was conducted by the Pennsylvania Economy League and KLIOS Consulting, according to a news release.
BFTP is an initiative of the state Department of Community and Economic Development originally chartered in 1982. The statewide program provides investment capital, entrepreneurial training, business support services and incubation programs.