Startups

Ben Franklin Technology Partners makes history with $200K loan [VC Roundup]

Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line. MUST READ For the first time in state history Ben […]

Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line.

MUST READ

For the first time in state history Ben Frenklin Technology Partners has invested a $200,000 SBA loan. The recipient is Novetas Solutions a maker of environmentally friendly sandblasting materials. The money originates from the Small Business Jobs Act of 2010 and BFTP is one of 20 organizations participating.

MIGHT BE WORTH YOUR TIME

DreamIt Ventures is partnering with Austin’s Capital Factory to hold a series of “Find a co-founder” speed dating events at SXSW this March. The two accelerators are also hosting panels during the conference. We’ve long speculated that DreamIt will open up an Austin chapter soon. Maybe after SXSW?

MedCity News has a review of the “10 things that investors like and loathe in entrepreneurs’ pitches” as told by Karen Griffith Gryga of Mid-Atlantic Angel Investor Group Fund, Bob Thomson of Ben Franklin Technology Partners of Northeastern Pennsylvania and Ellen Weber of Robin Hood Ventures. Speaking of Weber, she was also featured in this video at Gust.com.

TechCrunch is reporting that Clipboard, a First Round Capital portfolio company, has acquired Amplify and Clipmarks.

GIVE A GLANCE

First Round Capital is actively looking for mail-order subscription services like BirchBox, says the San Francisco Gate.

Howard Morgan of First Round Capital and Gil Beyda of Genacast Ventures were both on a panel about the future of venture capital in November of 2011 and the video is now available.

First Round Capital has made it possible to apply to internship at all of its portfolio companies using one form.

Companies: Genacast Ventures / Mid-Atlantic Angel Group / Robin Hood Ventures

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