STATE COLLEGE, PA – Ben Franklin Technology Partners of Central and Northern PA (Ben Franklin CNP), in collaboration with the Juniata River Valley Chamber of Commerce and Mifflin County Industrial Development Corporation (IDC) is thrilled to celebrate the success of two local startups, Cignal and Flat5, at an upcoming Big Check Presentation event on May 1, 2024, from 6:00 pm to 8:00 pm at Shy Bear Brewing, 35 Meadowbrook Ln, Lewistown, PA.
The presentation of the funding, often symbolized by the iconic “big check,” will be a highlight of the event, providing tangible support to Cignal and Flat5 as the companies continue to grow and innovate. Attendees will also have the opportunity to network with fellow entrepreneurs, mentors, investors, and supporters, creating valuable connections within Centre County’s entrepreneurial community.
Headquartered in Reedsville, Cignal stands at the forefront of trustworthy machine vision AI solutions. Leveraging its cutting-edge software, notably the Cignal Engine, the company pioneers advancements in AI technology. With a strategic focus on national security applications, Cignal’s innovations cater to the dynamic needs of various industries. By providing comprehensive tools and solutions, Cignal accelerates the adoption of machine vision AI, thereby reshaping the landscape of modern technology.
Situated in Lewistown, Flat5 emerges as a leading force in revolutionizing the trucking industry with its transparent and automated solutions. Their sophisticated platform is meticulously designed to streamline operations for shippers, brokers, and carriers alike. By optimizing workflows and enhancing efficiency, Flat5 drives profitability across the board. With a team boasting extensive expertise in supply chain and logistics, Flat5 is committed to delivering tangible value and transforming the trucking ecosystem.
“Through this event, we not only celebrate the entrepreneurial triumphs of Cignal and Flat5,” states Todd Erdly, Portfolio Manager, “but also spotlight the collective dedication of Ben Franklin Technology Partners, Juniata River Valley Chamber, Mifflin County IDC, and Career Link in nurturing entrepreneurship in Mifflin and Juniata Counties.”
Entrepreneurs and those interested in entrepreneurship are encouraged to attend and learn about the positive atmosphere for starting and growing companies in Mifflin and Juniata Counties. The event serves as a testament to the support available, including funding opportunities from Ben Franklin Technology Partners.
The evening will feature a “big check” celebration with Cignal receiving $115,000 in funding and Flat5 receiving $25,000. Appetizers, and a drink courtesy of Shy Bear Brewery.
