Five years ago, Penn State opened Happy Valley LaunchBox in a leased building on South Allen Street in State College as part of a burgeoning economic development effort to drive business creation and innovation among university students and community members. This week, the university cut the ribbon for the Innovation Hub, a $56.8 million new six-story building on [...]
The Penn State Eberly College of Science has chosen faculty members Joyce Jose and Sally Mackenzie to receive its 2022 Lab Bench to Commercialization (LB2C) grants. This competitive program provides funding for researchers in the college, enabling them to enhance the commercial potential of ongoing Penn State research and prepare them to translate their Penn [...]
University City Science Center, an organization central to the region’s burgeoning life sciences sector, announced Wednesday the creation of its fourth “strategic pillar” — a venture capital arm that will deploy funds to startups addressing health inequities for underserved populations. This addition of a capital arm adds to the nonprofit’s existing work, which it describes [...]
University City Science Center, an organization central to the region’s burgeoning life sciences sector, announced Wednesday the creation of its fourth “strategic pillar” — a venture capital arm that will deploy funds to startups addressing health inequities for underserved populations. This addition of a capital arm adds to the nonprofit’s existing work, which it describes [...]
UNIVERSITY PARK, Pa. — In the past year, State College-based Phospholutions has grown from seven to 20 employees, and recently raised $10.3 million in venture capital funding to support the development and growth of its RhizoSorb soil-enhancement technology across market segments and expand to global markets. Phospholutions CEO Hunter Swisher began developing RhizoSorb as an undergraduate in the plant [...]
The top six Penn State student startup teams from the Pennsylvania Technical Assistance Program (PennTAP)’s 2021 Inc.U Competition will compete on WPSU’s Shark Tank-style TV show “The Investment” for a chance at a share of up to $30,000 in funding for their startup. The show will air on WPSU-TV and can be streamed at live.wpsu.org at 8 p.m. May 13. For the [...]
Eight of Penn State’s most disruptive and promising early-stage technologies will compete for $150,000 in the Invent Penn State Tech Tournament, a signature event of the Invent Penn State Venture & IP Conference, at 2:45 p.m. on April 15. The companies and technologies showcased include therapeutics for COVID-19, printable concrete, and a lab-on-a-chip drug-screening platform. Registration for the [...]
Our goal at the Big Idea Center is to provide students with the opportunity to take their ideas from concept to reality. We are thrilled to be able to take this mission one step further by introducing the Big Idea Advantage Fund! This new investment opportunity is the first of its kind and geared towards [...]
Two faculty members have been selected to receive Lab Bench to Commercialization (LB2C) grants from the Eberly College of Science in 2021. The competitive program provides funding for researchers in the college, enabling them to enhance the commercial potential of ongoing research and prepare them to translate their intellectual property to the marketplace. This year's [...]
For Jeanette Debek, the problem-solving nature of entrepreneurship sparks a special type of excitement. To foster this excitement and learn more about the entrepreneurial mindset, the junior studying advertising in the Donald P. Bellisario College of Communications enrolled in Penn State’s intercollege minor in entrepreneurship and innovation (ENTI). Debek’s ENTI courses educated her on entrepreneurship concepts, and [...]