Ben Franklin Technology Partners of Southeastern PA and the Chester County Retirement Board invite you to celebrate the launch of Venture Chesco, a $4 million dollar fund dedicated to companies in Chester County.
Please join us for an afternoon of celebration and information where you will hear from Chester County commissioners and prominent members of the region’s innovation ecosystem. A reception will be held from 3:00 PM - 3:55 PM; directly after, Ben Franklin will be hosting a Meet Ben session to engage Chester County companies.
More About the Fund:
Venture Chesco has allocated $4 million to invest in emerging and growing companies located in, committed to locating in, or with significant business presence in Chester County. The fund is composed of $2 million in County funds matched by $2 million in Ben Franklin funds that will be used to invest in new technology companies and existing companies looking to apply new technologies to their business operations. Ben Franklin will help identify companies and technologies suitable and appropriate for funding, and manage the process of assessing the companies and the technologies for possible investment from the Venture Chesco fund. Venture Chesco fills a critical early stage funding gap in the growth cycle of Chester County’s young companies and companies looking to apply technology to improve business performance. For progress toward Chester County’s Vista 2025 goals, this fund will help add to the growing innovation culture in the county.