Kailash Kalantri has been appointed as a Treasurer of the Ben Franklin Technology Development Authority's Board of Directors by the PA Governor’s office. Kalantri has been on the BFTDA board since 2015 and is also on the Venture Investment Committee. The Ben Franklin Technology Development Authority (BFTDA) was created by Act 38 of June 22, 2001. The Authority’s board consists of 21 members including The Governor, The Secretary of Community and Economic Development, The Secretary of Education and The Secretary of Administration. The BFTDA is one of the nation's largest and most-replicated state technology development programs, providing a vehicle for investment in economic, community and university-based investments. The purpose of the BFTDA is to ensure Pennsylvania companies and entrepreneurs have all the tools they need to build globally competitive technology companies. The Authority’s board consists of Pennsylvania leaders from germane and influential walks of life, including elected officials, thought leaders in higher education, finance, technology and nonprofit economic development organizations. It is considered Pennsylvania's leading source for the technology strategy and funding that leads to proven prosperity, jobs and economic development.