Ben Franklin Technology Developtment Authority: Venture Investment Program (BFTDA-VIP)
Pennsylvania Community & Economic Development
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- Posted
- Feb 21, 2026
- Closes
- Rolling, no fixed deadline
- Last verified
- Aug 24, 2026
Amount
Amount not published by the funder
Who can apply
Requirements1. The applicant must be a not-for-profit organization or educational institution located within Pennsylvania.Match Requirements1. All applicants must provide a minimum of a 1:1 match in funding for the project. In addition:2. The applicant must further demonstrate that at least 50% of the required 1:1 match is in the form of cash.Otherwise stated, no greater than 50% of the required 1:1 match may be in the form of in-kind support.
About this opportunity
The Ben Franklin Technology Development Authority Venture Investment Program (VIP) is a Commonwealth of Pennsylvania initiative intended to address the financing needs of technology-oriented businesses by increasing the amount of risk capital available. The VIP operates pursuant to the statutory authority of the Ben Franklin Technology Development Authority (“BFTDA”). The goal of the VIP is to assist in establishing a technology-based economy within Pennsylvania, allowing Pennsylvania to compete in the global marketplace.