Category Archives: Business News

Business News Relating to LSGPA, Partners, and Organizations within our Portfolio.

LSGPA Portfolios Secure Funding for Future Growth

Life sciences companies often require a lot of capital to get to market, Life Sciences Greenhouse of Central Pennsylvania (LSGPA) is pleased to announce that several companies within the portfolio recently closed successful rounds of follow\-on fundingAny funding that comes into the company after LSGPA's investment. May include money from grants, friends and family, angel investors, or venture capital firms. for the purpose of accelerating product development. LSGPA congratulates the following companies for securing the capital critical…

Ben Franklin business plan contest to award $50,000 to a promising startup in Central, Northern PA

Thursday, January 12, 2012

The Ben Franklin Technology Partners, an organization that provides money and support services to tech businesses, is sponsoring another business plan contest similar to competitions it has put on over the last decade.

The Big Idea Business Plan Contest, open to entrepreneurs that are already based in a 32-county area…

Saladax Biomedical, Inc. Issued Six Patents Containing Broad Claims in the Immunoassay Space

Bethlehem, PA, January 10, 2012 – Saladax Biomedical, Inc., a privately held company developing and commercializing novel diagnostic assays to achieve the promise of personalized medicine for new and existing therapeutics, announced today that it has been issued six patents within the last 12 months, bringing the company’s total to 15 issued U.S. patents,…

Tax Incentives Available for Businesses Hiring People with Disabilities

Did you know? Companies that hire people with disabilities may be eligible for tax credits or deductions. Pennsylvania offers a variety of tax credits and programs for large, medium and, yes, even small businesses. For more information, visit or call the Works for me hotline at 1-877-268-9894.

Ben Franklin Technology Partners’ $50,0000 Big Idea Business Plan Contest is Back!

The Ben Franklin Venture Investment Forum in partnership with the Ben Franklin Technology Partners of Central and Northern PA announced that the BIG IDEA Business Plan Contest is back! A grand prize of $50,000 will be awarded to one tech-based startup company! Entrepreneurs can visit and click on the contest button for…

Malvern’s Deltagen BioServices Launches $2.3M Offering – cbl

By Richard Rabicoff

MALVERN, Pa. – Deltagen BioServices, Inc. has launched an offering of $2.3 million, raising $1.3 million from 12 investors.

According to a company statement, the funding is a secured bridge loan, led by Life Sciences Green House of Central Pennsylvania. Proceeds will be used to fund operations.

Named in the related SEC filing were…

DCED Secretary Announces Allocation of Federal Funds to Support Small Business Job Creation

December 21, 2011 –  Harrisburg – Department of Community and Economic Development (DCED) Secretary C. Alan Walker announced today the  allocation of $29.2 million of funding from the United States Department of the Treasury’s State Small Business Credit Initiative (SSBCI) to economic, community and technology development partners throughout the  commonwealth.

“The  Corbett administration is committed…

Saladax Biomedical, Inc. Appoints Li Zhang, M.D., to Scientific Advisory Board

Expert in Oncology Research and Patient Care Joins Saladax in Expanding MyCare™ Dose Management Assay to Additional Cancer Targets and Geographic Region
PR Newswire

BETHLEHEM, Pa., Nov. 8, 2011 /PRNewswire/ — Saladax Biomedical, Inc., a privately held company developing and commercializing novel diagnostic assays to achieve the promise of personalized medicine for new and existing therapeutics, announced…

Locate to HCAR and Receive Up To $4 Million in Non-Dilutive Capital

Leasing laboratory, clean room, production, light manufacturing or office space at Hershey Center for Applied Research (HCAR) could lead up to a $4 million grant for eligible* new high technology tenants.

Companies that locate to our 165-acre campus are connected to a thriving network of Wexford Science + Technology research parks and some of the…

OFFICIAL RESULTS – The 2011 Pennsylvania Technology Awards Gala

Harrisburg, PA – Hundreds of Pennsylvania’s technology leaders celebrated at the 2011 Pennsylvania Technology Awards Gala as TechQuest Pennsylvania recognized this year’s advanced technology awards and honors. The Gala, now in its 19th year, showcases Pennsylvania’s leading technology and innovations. This year, using a unique, interactive program, each of the 120 nominations got global…

  • The Funding Process

    The Funding Process

    The Life Sciences Greenhouse of Central Pennsylvania provides investment funding up to $1 million in milestone-driven convertible…

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    It’s a familiar scenario. You hear about a discovery that could lead to the cure for this disease or that debilitating…

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  • The 'PA' in LSGPA


    The Life Sciences Greenhouse of Central Pennsylvania’s 42-county service area contains more than 60 institutions of higher …

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