Business

Jan. 17, 2014 10:30 am

BFTP is offering $25k to startups who want to use NextFab’s facilities

If you're running a startup and want to prototype your product at NextFab Studio, Benjamin Franklin Technology Partners wants to help. The idea is to help local startups get their product to market faster.

NextFab Studio President Evan Malone shows off NextFab's facilities during the announcement of the Ben Franklin Technology Partners partnership. Photo courtesy of BFTP.

If you’re running a startup and want to prototype your product at NextFab Studio, Benjamin Franklin Technology Partners wants to help.

The state-backed economic development agency launched a program that will award up to $5,000 for startups to use the extensive facilities at South Philadelphia makerspace NextFab Studio, according to a release. The idea is to help local startups get their product to market faster.

Startups have to match the amount of money that they get from BFTP and use it at NextFab, as well. The chosen companies wouldn’t necessarily become NextFab members, but they would use the grant to pay to use NextFab’s facilities.

Find the link to download the application here.

BFTP has set aside a total of $25,000 for the program.

Biomeme, the NextFab-based startup that’s developing a mobile app DNA diagnostic lab, is the first awardee of the grant.

-30-
Juliana Reyes

Juliana Reyes began as lead reporter at Technical.ly Philly in July 2012. Previously, she was a city services beat reporter for the Philadelphia Daily News, as part of a project called “It’s Our Money.” She is learning to drive, learning to bike (in the city) but is an expert at taking SEPTA. She grew up in North Jersey and Manila, Philippines but she left the tropics for Bryn Mawr College, where she majored in linguistics. She now lives in West Philly.

Advertisement