The Path to Prosperity: Insights on Tech Startup Growth with Wayne Barz

From Lab to Patient, Garage to Market with Philip Crowley, Episode 10

In this episode of From Lab to Patient, Garage to Market, Philip Crowley speaks with Wayne Barz, Chief Investment Officer at Ben Franklin Technology Partners of Northeastern Pennsylvania. Wayne oversees investments and supports startups, helping them grow within Pennsylvania's business ecosystem.

Tune in to the episode to hear about:

* Accidental Start in Economic Development: Wayne Barz talks about how his career in economic development began by chance when he helped convert an old industrial building into a business incubator.

* Investment Process at Ben Franklin: Wayne Barz goes over the rigorous vetting process at Ben Franklin, where only 25 to 30 out of 200 startups reviewed annually receive investment.

* Challenges Startups Face: Wayne Barz emphasizes the importance of founders having evidence of customer demand and realistic growth plans to overcome common challenges in sales, marketing, and financial projections.

* Ongoing Support Beyond Funding: Wayne Barz talks about how Ben Franklin provides continuous support through mentorship, client introductions, and strategy refinement, beyond just offering funding.

* Impact on Manufacturing: Wayne Barz highlights the organization's role in connecting Pennsylvania manufacturers with experts to enhance efficiency, citing Noble Biomaterials as a success story.

Learn more about Wayne Barz:

 * Connect with Wayne Barz on Linkedin: https://www.linkedin.com/in/waynebarz

 * Follow Ben Franklin Technology Partners on Linkedin: https://www.linkedin.com/company/bentechnepa/mycompany

 * Visit  Ben Franklin Technology Partners’ website: https://nep.benfranklin.org

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About From Lab to Patient, Garage to Market:

Your host Philip P. Crowley Esq. is the founder and Managing Partner at Crowley Law LLC, a boutique corporate law firm focused on helping emerging tech and life sciences startups launch and reach their full potential. In each episode of From Lab to Patient, Garage to Market, Philip invites professionals serving the tech startup market to discuss various issues of importance in the industry and their part in it.

Watch more episodes of From Lab to Patient, Garage to Market:

- Website: https://www.crowleylawllc.com

- YouTube: https://www.youtube.com/@CROWLEYLAWLLC-hv8v

Connect and learn more from your host, Phil Crowley:

- Connect with Phil on LinkedIn: https://www.linkedin.com/in/philcrowleynjny

- Visit Crowley Law’s website: https://crowleylawllc.com

- Follow Crowley Law LLC on LinkedIn: Crowley Law LLC | LinkedIn

- Follow Crowley Law LLC on Facebook: https://www.facebook.com/CrowleyLaw