Benjamin's Desk donates to BFTP's fund for women-led ventures - Technical.ly Philly

Business

Sep. 18, 2015 10:49 am

Benjamin’s Desk donates to BFTP’s fund for women-led ventures

The coworking space joins PACT as a “founding contributor” to the fund.

Inside Benjamin's Desk, a Rittenhouse coworking space.

(Courtesy photo)

Benjamin’s Desk donated at least $10,000 to AWE Ventures, a fund for women-led ventures run by Ben Franklin Technology Partners and the Alliance of Women Entrepreneurs.

The coworking space joins PACT as a “founding contributor,” a donor of at least $10,000, to the fund. BFTP spokesman Jason Bannon did not disclose the exact amount of Benjamin’s Desk’s contribution.

“We believe Philadelphia must have a vested interest in the advancement of female entrepreneurship through the pursuit of educating and assembling female angel investors,” Benjamin’s Desk CEO Anthony Maher said in a statement.

BFTP started taking donations for the fund in JuneSome questioned the donation model, saying that it created a donor culture instead of an investor base that could reap the rewards of an investment. BFTP president RoseAnn Rosenthal responded that it was important to “increase flow of capital by all means available.”

AWE Ventures aims to raise $250,000, which BFTP will match. Bannon didn’t have an update on the fundraising as of press time but said BFTP planned on announcing more founding contributors.

Benjamin’s Desk will also host a donors-only AWE Ventures event on Oct. 8 from 6:00-9:00 p.m., featuring Loretta McCarthy, managing director of Golden Seeds New York City, which invests in women-led companies.

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

Dispatch from The Hague: If the Trumps are serious about economic equity, ‘let women flourish’

A conference dedicated to increasing diversity in data science is coming to CHOP

How Macquarie blends tech-fueled financial services with global opportunity

SPONSORED

Philly

This financial services firm offers global opportunity in the heart of Philly

Philadelphia

The Philadelphia Inquirer

Mobile Tech Lead

Apply Now
Blue Bell, PA

Pinnacle 21

Senior Software Engineers

Apply Now
Philadelphia

Guru Technologies

Marketing Web Engineer

Apply Now

It looks like Girl Develop It’s Philly chapter is back up and running

Collective Strength aims to be Philly’s no-BS networking meetup for women

Women tech founders: Collaboration can help shrink the venture capital gap

SPONSORED

Philly

Guru is taking on growth with deliberate steps and an engaged team

Philadelphia, PA

PromptWorks

Senior UX Designer

Apply Now
601 Lee Road Chesterbrook, PA 19087

Deacom

Web Application Developer

Apply Now
Chesterbrook, PA

Deacom

Software Developer

Apply Now

Sign-up for daily news updates from Technical.ly Philadelphia

Do NOT follow this link or you will be banned from the site!