U.S. Department of the Treasury Recognizes Grovara in 2024 Quarterly Report

Grovara has benefitted more than once from the Ben Franklin Technology Partners Northeastern Pennsylvania office’s investment. The most recent award, $250,000 last year, was matched with another $250,000 in private investment. 

The U.S. Department of the Treasury recognized the relationship recently in its State Small Business Credit Initiative (SSBCI) quarterly report through June 30, 2024. The Department of Treasury points out how Grovara’s funding was followed by recognition as the Small Business Association’s  Exporter of the Year for Pennsylvania.

Grovara was first funded by Ben Franklin Technology Partners in 2016.

The Department of the Treasury plays a key role in guarding against fraud in global trade and Grovara shares the department’s desire to create a safer, more prosperous playing field for CPG brands and retailers.

To find out how Grovara’s technology makes global trade safer, book a demo here.