Sensor Networks Accepted into the Ben Franklin Technology Partners Program
Posted: 2015-3-31
Sensor Networks, Inc. (SNI) of Boalsburg, PA, is pleased to announce that it
has been accepted into the Ben Franklin Technology Partners (BFTP) multi-
year loan program.
BFTP provides early stage / technology funding and business support
services to emerging tech-based startups and existing manufacturers in 32
counties in Pennsylvania. This loan program is made available through and
administered by the Pennsylvania Department of Community and Economic
Development. BFTP provides funding to local PA-based companies using a
phased-investment strategy and serves as the financial bridge that links the
assets of an entrepreneur to future investment opportunities from banks,
angel investors and venture capital groups.
Dr. James N. Barshinger, President and CTO of SNI, said, "Our company is
only six- month’s old and we’re making great progress developing a brand-
new platform for corrosion monitoring of critical assets for heavy industry.
We have shown our working prototype to over a dozen potential customers
in the Oil & Gas and Electric Power Generation industries and we expect our
first orders in 2Q15." "The BFTP loan program will allow us to continue our
fast pace of HW / SW engineering, development and productization over the
next several years." said Dr. Barshinger.
For more information contact Dr. James N. Barshinger at 814.466.7207.
The Ben Franklin Technology Partners supports and commercializes early-
stage technologies that enhance responsible stewardship of the environment
while properly utilizing this energy asset. The Program is funded by the
Pennsylvania Department of Community and Economic Development.
has been accepted into the Ben Franklin Technology Partners (BFTP) multi-
year loan program.
BFTP provides early stage / technology funding and business support
services to emerging tech-based startups and existing manufacturers in 32
counties in Pennsylvania. This loan program is made available through and
administered by the Pennsylvania Department of Community and Economic
Development. BFTP provides funding to local PA-based companies using a
phased-investment strategy and serves as the financial bridge that links the
assets of an entrepreneur to future investment opportunities from banks,
angel investors and venture capital groups.
Dr. James N. Barshinger, President and CTO of SNI, said, "Our company is
only six- month’s old and we’re making great progress developing a brand-
new platform for corrosion monitoring of critical assets for heavy industry.
We have shown our working prototype to over a dozen potential customers
in the Oil & Gas and Electric Power Generation industries and we expect our
first orders in 2Q15." "The BFTP loan program will allow us to continue our
fast pace of HW / SW engineering, development and productization over the
next several years." said Dr. Barshinger.
For more information contact Dr. James N. Barshinger at 814.466.7207.
The Ben Franklin Technology Partners supports and commercializes early-
stage technologies that enhance responsible stewardship of the environment
while properly utilizing this energy asset. The Program is funded by the
Pennsylvania Department of Community and Economic Development.
