Investing / Women in tech

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

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

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.

Companies: 76 Forward / Alliance of Women Entrepreneurs / Ben Franklin Technology Partners / PACT

Before you go...

Please consider supporting to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!


Philly startup Burro aims to revolutionize farming with robots

How to encourage more healthcare entrepreneurship (and why that matters)

Wagtail’s Philly event reaches beyond its software, aiming to bring together Python enthusiasts

Find out what type of heat wave you’re really in for with NOAA’s HeatRisk dashboard

Technically Media