To expand the availability of early-stage capital to Pennsylvania-based entrepreneurs, Team Pennsylvania invested over $15 million in early start-up initiatives. Investments were made in three Pennsylvania-based venture capital firms including:

  1. Draper Triangle Ventures
    • Joint investment with DCED and private sector investors.
    • Invested primarily in Southwestern Pennsylvania in information, education and medical technology as well as advanced software.
  2. Novitas Capital
    • Joint investment with DCED and private sector investors.
    • Invested in technology companies in Southeastern Pennsylvania.
  3. Penn Venture Partners, L.P.
    • Joint investment with Ben Franklin Technology Department Authority and Zero Stage Capital Company, Inc.
    • Invested in the Central and Northern regions of Pennsylvania.