Governor Josh Shapiro’s Administration aims to position Pennsylvania as a leader in job creation and economic development. Recently, $1.5 million was awarded through the Ben Franklin Technology Development Authority (BFTDA) to two venture capital firms for investments in early-stage tech companies in Pennsylvania. This funding is part of a broader initiative that has announced over $3 billion in private sector investment since January 2023. Key budget allocations include $500 million for site development, $20 million for small businesses, and tax cuts to stimulate growth. The BFTDA promotes a thriving entrepreneurial environment and technology innovation.