Description of Indicator
This indicator lists multi-stage venture capital investments made by Ben Franklin Technology Partners of Northeastern Pennsylvania in Lackawanna, Luzerne, and Wayne Counties.
Why is it important?
Venture capital investments are measurements of a region’s current and potential business developments. High-level venture capital investment indicates that people are spending money to expand or start new businesses, invest in current markets, and/or provide overall economic growth.
How is the region performing?
In the previous five years, the amount of capital investment made by Ben Franklin Technology Partners of Northeastern Pennsylvania has fluctuated but has not dropped below $15.4 million each year. In 2023, capital investment increased from the prior year.