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LaunchBox and Innovation Hub Network celebrates 5 years of economic development

96% of Pennsylvanians live or work within 30 miles of a LaunchBox or Innovation Hub
Image: Penn State
May 27, 2021
UNIVERSITY PARK, Pa. Just five years after opening the first LaunchBox, Invent Penn State’s LaunchBox and Innovation Hub Network has grown to 21 locations across Pennsylvania. The network has supported 3,325 community entrepreneurs and helped to launch 164 new Pennsylvania companies, develop 247 new products, and create 194.5 jobs.
The LaunchBox and Innovation Hub Network began modestly in 2015 when five Penn State campuses received $50,000 each from Invent Penn State’s competitive seed grant program. Each campus was awarded a grant to create community innovation hubs, with the ability to receive repeat funding for three years. The demand for innovation across the commonwealth surged, and over the next three years expanded to 21 campuses. Today, 96% of Pennsylvanians have a LaunchBox or innovation hub within 30 miles of where they live ....

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Startup Week panel to highlight successful Penn State women in entrepreneurship

Virtually attend The Future is Female panel session from 7:15-8:15 p.m. March 22
Image: Penn State
March 15, 2021
UNIVERSITY PARK, Pa. In the United States today, there are 12.3 million women-owned businesses. This accounts for 40% of businesses nationwide, truly exemplifying how women-led organizations are a driving force for the nation’s economy.
From 7:15-8:15 p.m. on Monday, March 22, during Penn State Startup Week powered by PNC, successful Penn State alumnae will detail their paths to success and challenges they have faced and conquered along the way during an expert plenary panel titled “The Future is Female.” Registration is not required for this virtual event, which will occur via Zoom, and it is open to all Penn State students. ....

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ENtern program provides startup experience to entrepreneurship students

ENtern program provides startup experience to entrepreneurship students
Created through a partnership between the engineering entrepreneurship program (E-SHIP) and Happy Valley LaunchBox powered by PNC Bank, the entrepreneurship internship (ENtern) program pairs technology-based cluster students with startup companies currently participating in Happy Valley LaunchBox’s FastTrack Accelerator or Invent Penn State’s Summer Founders program.
Image: Edited Adobe Illustrator file from Adobe Stock
ENtern program provides startup experience to entrepreneurship students
Samantha Chavanic
December 08, 2020
UNIVERSITY PARK, Pa. Though businesses differ in product and service offerings, structure, missions and goals, behind every startup is an entrepreneur with the drive and determination to create a solution to a problem. A new entrepreneurship internship program will provide students in the technology-based cluster of the intercollege minor in entrepreneurship ....

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