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 may be used to measure a region’s current and potential business developments. High-level venture capital investment indicates that people spend money to expand or start new businesses, invest in current markets, and/or stimulate overall economic growth.
How is the region performing?
In the previous five years, Ben Franklin Technology Partners of Northeastern Pennsylvania has made fluctuating capital investments but has not dropped below $12.5 million each year. In 2024, capital investment decreased from the prior year.