Ben Franklin Technology Partners has announced it will be welcoming local serial entrepreneur, Todd Erdley, to its State College-based investment team effective March 1, 2023.
As the central regional director, Erdley will be the principal point-of-contact for companies seeking financial investment and business support services from Ben Franklin in the Central Region comprised of Centre, Mifflin and Juniata Counties. He will be actively and visibly encouraging entrepreneurship and innovation in the region by identifying, selecting and mentoring promising startups and small manufacturers that need Ben Franklin investment to further their growth.
"My purpose is to positively impact the community by providing people the opportunity to be the person they dream of being."
Erdley brings extensive startup, business growth and technology expertise to Ben Franklin. As a founder of Videon Central, his vision and strategy has continually positioned the company as a leader in digital video from the first days of optical DVDs to today’s most advanced video streaming technology. Most recently, Erdley’s leadership propelled the company to ground-breaking advances in edge computing that transforms direct-to-consumer streaming of live sports.
“I am thrilled to be joining the Ben Franklin team,” said Erdley. “I’ve been passionate about entrepreneurship throughout my entire career, and I look forward in helping others start and grow their own business, just like I did thanks to the support Ben Franklin Technology Partners provided me 25 years ago.”
“Todd emphasized teamwork, innovation and community-building while growing Videon Central. I believe these skills will be invaluable to our startup companies and the entire central Pennsylvania entrepreneurial scene,” said Stephen Brawley, president and CEO of Ben Franklin. “He will make central Pennsylvania even more vibrant and a welcoming place to grow a business.
“My purpose is to positively impact the community by providing people the opportunity to be the person they dream of being,” Erdley said in a post on LinkedIn after the announcement.
"I look forward in helping others start and grow their own business, just like I did thanks to the support Ben Franklin Technology Partners provided me 25 years ago."
He said that for the past 25 years, Videon has been his platform for this. “My journey with Videon has afforded life learnings that I can now build upon to create an even broader impact on the community,” he said. He emphasized that he will continue to be part of Videon as a founder, board of director member and strategic resource supporting key customers, partners and industry presence.
“As I am passionate about Videon, I will carry that passion forward towards the entrepreneurial companies in central Pennsylvania,” he added. “Together, we will learn from one another and find ways to move forward towards amazing outcomes.”
Erdley is a Happy Valley native and received degrees in electrical engineering from Penn State. He remains an enthusiastic member of the Penn State community, having served on various committees like the College of Engineering’s Industrial Professional Advisory Committee (IPAC) and the Penn State Research Foundation (PSRF). He frequently lectures in engineering classes. He participates in various local entrepreneurial resource groups and founded the Centre Region Entrepreneur Network.