Business Services Industry
State Investment Group to Lend $400,000 to Allentown, Pa.-Area High-Tech Firms.
Knight Ridder/Tribune Business News, November, 2003
By Kurt Blumenau, The Morning Call, Allentown, Pa. Knight Ridder/Tribune Business News
Nov. 25--A regional high-tech investment agency said Monday it would lend more than $400,000 to three early-stage local companies.
The Ben Franklin Technology Partners of Northeastern Pennsylvania will support the following companies, officials said:
--GlucoLight Corp., which is at the agency's business development incubator on the Lehigh University campus in Bethlehem.
GlucoLight will receive $150,000 to help develop a prototype for a noninvasive glucose test. The product will allow diabetics to measure glucose levels from skin fluid, rather than blood samples.
--RCD Technology Corp., which is also at the Lehigh incubator.
...
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