Venture Fund Member Profile
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An independent not-for-profit economic development organization, Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) was established in 1982 to stimulate economic growth through innovation, entrepreneurship and the development and adoption of new technologies. BFTP/SEP, part of a statewide network supported by the Pennsylvania Department of Community and Economic Development, provides capital and expertise in technology, finance and business that helps entrepreneurs and established businesses overcome challenges and plan for growth. Through our network of resources, the organization fosters dynamic relationships among companies, institutional and private investors, research institutions and the university community.
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Terrence Hicks Vice President, Investment Group Ben Franklin Technology Partners |
Terrence H. Hicks is Vice-President, Investment Group at the Ben Franklin Technology PArtners of Southeastern Pennsylvania (BFTP/SEP). The Ben Franklin Technology PArtners is a State of Pennsylvania supported economic development corporation that supports the development of technology-based enterprises through a variety of investment programs and technology services. Mr. Hicks is responsible for all of the organization’s investment activities. BFTP/SEP has a portfolio of over 130 early and emerging stage technology companies; one of the largest such portfolios in the country. Mr. Hicks came to the Ben Franklin Technology PArtners in November, 1993 after twenty years of experience in small business lending and corporate treasury activities with Fidelity Bank (currently Wachovia) and Sun Company respectively. Mr. Hicks previously served as Vice President of Sun Company's Specialized Small Business Investment Company, Alliance Enterprise Corporation. He also served in numerous financial management positions at Sun, including manager of internal treasury operations and manager of special projects.
Representative Investments
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Acuity Pharmaceuticals Leverages its strong technology and intellectual property portfolio in the exciting new field of RNA interference (RNAi) for the treatment and prevention of opthalmic diseases.
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InfraScan, Inc. InfraScan, Inc, has developed a patented, hand-held diagnostic imaging device based on a PDA platform to rapidly detect bleeding in the brain. An initial field study performed with over 300 patients showed the device to be highly accurate in detecting brain hematomas and as a quick, affordable compliment to CT scanning to improve treatment of patients with Traumatic Brain Injury (TBI). |
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Dancing Dots Supports the blind musician and the sighted teacher/transcriber through software, hardware and training. |
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Kaidan, Inc. Engineers and develops technology for use with digital images, digital cameras and commercializes accessory products. |
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| Venture Fund Member Profile |
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