MRO Magazine

Richman Chemical Invited to Join Ben Franklin Technology Partners Technology Commercialization Network (FabNet)


June 15, 2015
By Business Wire News

PHILADELPHIA

Richman Chemical, Inc. (RCI) today announced that it has been invited to join Ben Franklin Technology Partners Technology Commercialization Network (FabNet). Through FabNet, RCI will offer Technology Assessment Reports to help Ben Franklin Technology Partners funded companies evaluate the commercial feasibility of their new technologies.

As a FabNet partner, RCI will provide chemical synthesis, development and scale-up in support of FabNet’s mission to speed prototype development for emerging technology companies in Southeastern Pennsylvania.

“Richman Chemical is proud to be invited to join the network of companies that help speed commercialization of products developed by early stage companies. We have provided services to early stage companies funded by Ben Franklin for many years, and are pleased to formalize our relationship through the FabNet program,” said Christopher Kulp, Executive Vice President at RCI.

Matching-funds grants of up to $5,000 are available to entrepreneurs in the area served by Ben Franklin Technology Partners in the Greater Philadelphia region if the funds are used through FabNet participating facilities.

Richman Chemical, Inc. provides custom chemical synthesis, custom manufacturing and raw material sourcing in the life sciences, specialty chemical, biotechnology, pharmaceutical and emerging technology industries. Founded in 1988 by Ed Richman, the company is headquartered outside of Philadelphia. For more information visit www.richmanchemical.com and follow us on LinkedIn at https://www.linkedin.com/company/richman-chemical-inc

Ben Franklin Technology Partners is the most active early stage capital provider for Southeastern Pennsylvania’s technology sectors. Ben Franklin has invested more than $165 million to grow more than 1,750 regional enterprises, across all areas of technology, and has launched university/industry partnerships that accelerate scientific discoveries to commercialization. Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority. For additional information, visit www.sep.benfranklin.org.

Richman Chemical Inc.
Christopher Kulp, (215) 628-2946 ext. 13
Executive Vice President
clk@richmanchemical.com
or
Media:
McGrew Marketing
Gail McGrew, 215-262-5284
gail@mcgrewmarketing.com