Bringing the opportunity of Philadelphia’s innovation economy to the world.
The Global Opportunity Philadelphia Fund – the GO Philly Fund –
is a venture fund seeking growth stage follow-on investments pulled from the portfolio of Ben Franklin Technology Partners of Southeastern Pennsylvania.
Formed by Ben Franklin, the Philadelphia region’s most active early-stage investor for over 35 years, and EPAM, a leading global product development and digital platform engineering services company, the Fund leverages its deep insights into Ben Franklin’s 250+ active portfolio companies to facilitate investor participation in the burgeoning opportunity within the Philadelphia region’s technology-based ventures.
The Fund provides capital for early-stage technology companies primarily in
the Philadelphia region (which includes the City of Philadelphia, Bucks, Chester, Delaware, and Montgomery counties). The Fund makes follow on investments to the early-stage companies that have passed Ben Franklin’s comprehensive due diligence process, supporting the growth of enterprises that build the community of innovation in Philadelphia.
Set within the surging opportunity of Philadelphia’s growth, the Fund is uniquely positioned to expedite investor participation in the region’s emerging technology ventures, while affecting the growth of the region at large.
President And CEO, BEN FRANKLINscott@sep.benfranklin.org
Scott is President and Chief Executive Officer, bringing more than 20 years of venture capital, entrepreneurial, and operational…
Scott is President and Chief Executive Officer, bringing more than 20 years of venture capital, entrepreneurial, and operationalexperience to Ben Franklin. He spent 11 years investing in early stage technology companies as managing director at Novitas Capital, a $235 million family of early stage venture funds. In 2008 he founded Finite Carbon which, as president, he led to a position of market leadership for carbon offset in California’s regulated market for forestry. He has held seats on the Boards of more than 14 companies including Traffic.com (NASDAQ:TRFC), USA Technologies (NASDAQ:USAT), EZ Prints, Inc. (acquired by Café Press), Haley Systems (acquired by Ruleburst), ClickEquations (acquired by Channel Intelligence) and ImageTree (acquired by GeoDigital). Nissenbaum is a frequent speaker on the topics of venture capital and entrepreneurship at such industry meetings as The Wharton Energy Conference, The CFA Society of Philadelphia, and the National Science Foundation’s University Startup Conference. Nissenbaum also served as an adjunct faculty member at University of Pennsylvania’s Wharton school teaching the graduate course on Venture Capital and in the Management Information Systems Department at St. Joseph’s University focusing on business software applications. Mr. Nissenbaum received an MBA in Finance from St. Joseph’s University and a B.S. degree in Finance and a Minor in Economics from the Pennsylvania State University.
RoseAnn B. Rosenthal
CEO Emeritus, Ben Franklinroseann@sep.benfranklin.org
Having served as its President, CEO and member of the Board of Directors for 25 years, RoseAnn B. Rosenthal now serves…
Having served as its President, CEO and member of the Board of Directors for 25 years, RoseAnn B. Rosenthal now servesas CEO Emeritus for Ben Franklin. Praised by regional, national and international leaders as a pioneer of public-private partnerships and an invaluable resource for innovation-focused investment and growth in the Philadelphia region, Rosenthal has over forty-five years of experience in economic development, business investment, and regional planning.
General Partner; Investment Director, BEN FRANKLINjon@sep.benfranklin.org
Jonathon Beschen is the Go Philly Fund General Partner with responsibilities for day-to-day activities and technology oversight.…
Jonathon Beschen is the Go Philly Fund General Partner with responsibilities for day-to-day activities and technology oversight.Jonathon also serves as part of the IT Investment Group at Ben Franklin where he makes early-stage investments and does initial analysis for the Information Technology group. In his three years at Ben Franklin, he has vetted over 300 companies for IT team investment and led ten investments himself. He also participated as a mentor and facilitator in the Village Capital Fintech Accelerator program run by Ben Franklin. He currently sits on the Ideas x Innovation Network (i2n) board for Chester Counties Economic Development Council as well as the board of his own economic empowerment non-profit Liberty Valley Initiative. He has acted as an angel and seed investor in the region since 2009.
Investment Director, IT Investment Group, Ben Franklinrick@sep.benfranklin.org
Rick Genzer is the Investment Director of the IT Investment Group at Ben Franklin. For 30 years before joining Ben Franklin in 2017, …
Rick Genzer is the Investment Director of the IT Investment Group at Ben Franklin. For 30 years before joining Ben Franklin in 2017, Rick was an accomplished founding team member, senior executive and management consultant with direct involvement in many entrepreneurial endeavors, and has played many key roles in the commercialization of leading-edge products and services. As part of his prior commercialization experience, Rick has had direct involvement in a variety of private equity transactions, in a wide range of market sectors. Rick has been in investor in a private equity fund and has served/participated on a number of both non-profit and for-profit boards. Since joining Ben Franklin, Rick has worked with over 100 companies and ultimately invested in 16. He has also participated in 2 exits and 3 debt conversions.
Managing Director, Healthcare Investment Group, Ben Franklinjennifer@sep.benfranklin.org
Jennifer (“Jenn”) Hartt, MS is the Managing Director of the Healthcare Investment Group at Ben Franklin. …
Jennifer (“Jenn”) Hartt, MS is the Managing Director of the Healthcare Investment Group at Ben Franklin. Hartt directs all of Ben Franklin’s life sciences related investments in companies with technologies ranging from clinical healthcare IT, medical devices and diagnostics to therapeutics. Hartt has closed 139 investments totaling over $33M in over 70 companies for Ben Franklin since early 2006. Hartt is highly experienced in both convertible notes and equity investment instruments. In addition, she has negotiated dozens of exits and conversions of debt to equity. Hartt holds a Master’s in Biology (with a focus on molecular biology and genetics) and Bachelor’s degree in Biology, graduating summa cum laude and Phi Beta Kappa, with both degrees from the University of Pennsylvania.
Omar G. Mencin, DBA
Managing Director, IT Investment Group, Ben Franklinomar@sep.benfranklin.org
Omar Mencin, DBA, is an experienced venture capital and private equity investor, entrepreneur, and business accelerator founder and CEO. …
Omar Mencin, DBA, is an experienced venture capital and private equity investor, entrepreneur, and business accelerator founder and CEO. In his role with Ben Franklin, Omar is responsible for sourcing deals, managing due diligence, negotiating deal terms, and serving as a board observer and portfolio manager. During his tenure at Ben Franklin and in investment roles prior, he has led over 30 seed to Series A equity and convertible debt investments across the e-commerce, digital media, Ed-Tech, wearable technology, Finetch, Blockchain, and healthcare IT sectors including Practice (acquired by Instructure), Ridekleen (Acquired by COX Automotive), Snip Snap (acquired by Slyce), and Clarity Payment Systems (Acquired by TYSYS). He has also led Ben Franklin fund to fund investments in partner accelerator programs such as the UPENN based EDSI ED-Tech accelerator program, the Philadelphia Media Network (Philadelphia Inquirer) Project Liberty Incubator, and the DreamIT Ventures Accelerator.