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                                                       PRINTER'S NO. 553

THE GENERAL ASSEMBLY OF PENNSYLVANIA


SENATE RESOLUTION

No. 49 Session of 2003


        INTRODUCED BY DENT, BRIGHTBILL, THOMPSON, LEMMOND, ERICKSON,
           CORMAN, RAFFERTY, HELFRICK, PUNT, PILEGGI, MADIGAN, KITCHEN,
           LOGAN, COSTA, STOUT, KASUNIC, MUSTO, SCHWARTZ, O'PAKE,
           WONDERLING, EARLL, TOMLINSON, ARMSTRONG, MOWERY, D. WHITE,
           GREENLEAF, RHOADES, C. WILLIAMS AND STACK, MARCH 17, 2003

        REFERRED TO COMMUNITY AND ECONOMIC DEVELOPMENT, MARCH 17, 2003

                            A CONCURRENT RESOLUTION

     1  To recognize and celebrate the 20th anniversary of the Ben
     2     Franklin Technology Partners program and its continued growth
     3     and success in and for the State of Pennsylvania.

     4     WHEREAS, Ben Franklin, as a visionary, helped sustain the
     5  American economy through his inventions and personal investment
     6  in innovative ideas which gave him great respect and wealth, and
     7  he believed that the best way to address a specific societal
     8  need is to invest in innovative ideas which give way to economic
     9  growth; and
    10     WHEREAS, Ben Franklin's concept of newer and better methods
    11  for doing things is the keystone principle of the State program
    12  named for him, the Ben Franklin Technology Partners; and
    13     WHEREAS, Recognition should be given that the Ben Franklin
    14  Technology Partners exemplifies Ben Franklin's vision for future
    15  economic growth; and
    16     WHEREAS, The Ben Franklin Technology Partners provides
    17  leadership, mentorship and investment capital to entrepreneurs

     1  with vision; and
     2     WHEREAS, Ben Franklin Technology Partners provides young,
     3  start-up businesses with innovative ideas and helps existing
     4  businesses looking to evolve utilizing modern, more efficient
     5  technologies; and
     6     WHEREAS, The Ben Franklin Technology Partners is a conduit
     7  linking talented ideas and bringing together the right
     8  combination of resources to create new businesses, to modernize
     9  existing businesses and to create jobs and secure Pennsylvania's
    10  economic future through technological innovation; and
    11     WHEREAS, The operational structure of the Ben Franklin
    12  Technology Partners is designed to be adaptable and flexible,
    13  always creating new visions, seeking innovation and investing in
    14  the entrepreneurial spirit that secures Pennsylvania's future
    15  competitiveness in a global economy; and
    16     WHEREAS, The Ben Franklin Technology Partners has been
    17  recognized nationally and internationally as a successful
    18  economic development model and its proven record of success in
    19  economic development combined with a strong vision for the
    20  future, positions Pennsylvania to be a leader in an ever-
    21  changing economic environment; therefore be it
    22     RESOLVED (the House of Representatives concurring), That the
    23  20th anniversary of the Ben Franklin Technology Partners be
    24  recognized and celebrated as a time to reflect, commemorate and
    25  look to the future as Pennsylvania continues to grow and compete
    26  in today's global economy; and be it further
    27     RESOLVED, That the Ben Franklin Technology Partners be
    28  recognized as a proven leader in economic development; and be it
    29  further
    30     RESOLVED, That the Ben Franklin Technology Partners be
    20030S0049R0553                  - 2 -     

     1  recognized as a vital component of Pennsylvania's growing
     2  economy, delivering crucial resources at businesses' most
     3  vulnerable periods as it did 20 years ago, investing seed
     4  capital in promising early-stage, technology-based enterprises,
     5  advancing risk capital to establish businesses for process and
     6  product development activities, providing hands-on technical and
     7  business expertise to spur enterprise growth and accelerate
     8  commercialization activities and delivering customized solutions
     9  which draw on an extensive network of public and private
    10  resources at universities, Federal laboratories and research
    11  institutions; and be it further
    12     RESOLVED, That the Ben Franklin Technology Partners be
    13  encouraged to continue to embrace change, maintain a position on
    14  the cutting edge of technology and secure the future for all
    15  Pennsylvanians.










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