A facility was donated by Murata Electronics of North America, Inc. to the Capital Region Economic Development Corporation (CREDC) in March 1997.
The 34,000 square foot facility is located on four acres in Carlisle, PA. The building was designated for an economic development project. Soon after, it was determined that a business incubator was an appropriate use of the facility and was renamed the the Murata Business Center.
Since it’s inception, the center has had a number of successes. 11 companies have either graduated or been sold, including:
In 2010, The Harrisburg Regional Chamber entered into a contracting agreement with Ben Franklin Technology PArtners. Ben Franklin is funded by the PA Department of Community Economic Development and invests in technology startups in their footprint. With the investment, comes programs and mentoring opportunities run by seasoned entrepreneurs, which are now extended to all incubator facility companies.
Along with the contract and expansion of the programs, CREDC, The Harrisburg Regional Chamber and Ben Franklin decided to rebrand the facility the BF TechCelerator. In 2012, the Department of Community and Economic Development awarded a $450K grant to CREDC to improve the facility (roof, HVAC, reconfiguration) and expand programs, such as the co-working facility.