Explore Our Impact

Evive Station Founder Taps Bright Minds at Penn State

“The support of Penn State to build the prototype and help with validating the business model was hugely beneficial for us.”

Tom Petrini

Co-Founder, Evive Station

Our programs foster a culture of entrepreneurship through innovative collaboration among business, community, and Penn State faculty and students across the Commonwealth.

In addition to funding 13 innovation hubs across Pennsylvania, Invent Pen State created and connected entrepreneurship-focused academic programs, business start up training, funding for commercialization, and university-community collaborations to spur future economic development, job creation, and student career success.

Venture & IP Conference

An annual two day showcase the latest innovations from faculty, student, and alumni startups. Held at the Penn Stater Conference Center in State College, PA, the event connects promising tech companies with investors seeking ground floor opportunities.

Promising ventures from a broad spectrum of business sectors, including life sciences, agriculture, energy, advanced manufacturing, and communications and will have an opportunity to pitch potential backers during the event.

More about Venture & IP Conference

Fund for Innovation

A commercialization program through which the Penn State Research Foundation partners with academic colleges within the University to provide matching grants to advance early-stage ideas.

Faculty-led teams use grants to pay for activities, such as creating prototypes or developing market intelligence, not typically covered by academic research funding. Grants are provided in three stages, aimed at advancing the transition of an idea to a marketable product or service.

Entrepreneurship Seed Grant Program

The Entrepreneurship Seed Grant Program is designed to grow and strengthen entrepreneurship programming throughout the Commonwealth. In its first two years, the program has awarded $50,000 grants to 12 of the 24 Penn State campuses to start or enhance community entrepreneurship centers.

Already, the effort has connected hundreds of community entrepreneurs with innovators and each other, and started dozens of companies.

Summer Founders Program

Spend a summer in State College founding your high-impact start up. Summer Founders Program provides student founders with $10,000 and a ten-week program in State College, PA. Every Thursday night during the summer, Penn State Summer Founders will meet with other founders, entrepreneurs, and mentors over a weekly dinner. Funding is made possible through the donations of other entrepreneurs.

More About Summer Founders Program

Entrepreneurship and Innovation Minor

Entrepreneurs and innovators exist in all industries and in all types of companies. The ENTI minor teaches students foundational skills such as innovative thinking, leadership, management, and planning.

The ENTI minor includes three core courses and three courses specific to the area of concentration, called a cluster. Clusters are designed to provide students with the skills to achieve their career goals.

More About ENTI Minor

Innovation Hubs Across the Commonwealth

The Invent Penn State seed grant program provided campuses with grants of $50,000 to launch or enhance innovation hubs. The impact of these grants is far reaching, with thirteen Commonwealth communities now having Invent Penn State-affiliated spaces and programs—free to the community—that will drive innovation and economic growth.

Abington LaunchBox Penn State Abington

A co-working space that brings together faculty, staff, and students with members of the community to become a hub for innovation.

Contact: nus19@psu.edu

Center for Entrepreneurship and Business Development Penn State Berks

Enhancing community and industry relationships and utilizing social entrepreneurship to accelerate business development in nutrition, health, and medical sectors, while encouraging entrepreneurship among minority populations.

Contact: sadan@psu.edu

Center for Innovation and Entrepreneurship Penn State Harrisburg

Entrepreneurial resources for students, faculty, and community members to encourage the development of intellectual property and to foster regional economic development.

Entrepreneurial and Business Development Lab Penn State Wilkes-Barre

Supporting equipment needs, lecture, and mentorship programs at the Entrepreneurial and Business Development Lab. A common workplace between students and faculty of local colleges and universities and business and entrepreneurial leaders.

Happy Valley LaunchBox Penn State University Park

A no-cost accelerator and co-working space designed to provide startups with the support and resources needed to build a sustainable and scalable business and a viable plan for growth.

Contact: Launchbox@psu.edu

Innovation Commons Penn State Erie Behrend

A collaborative lab where students, faculty members and industry partners can develop product ideas, create prototypes and consult with lawyers, bankers, marketing experts, and others.

Innovation Incorporated Penn State Altoona

A community co-working space that expands the vision of the Sheetz Center for Entrepreneurial Excellence with an integrated entrepreneurial training and mentorship program to accelerate the transformation of innovative ideas into businesses.

Innovation Park Penn State University Park

Innovation Park at Penn State offers 118-acres of office, manufacturing and research space with access to Penn State’s scientific, engineering, technology and business resources. The network of resources available at Innovation Park supports early-stage entrepreneurs and established businesses alike.

Lehigh Valley LaunchBox Penn State Lehigh Valley

Developing and launching visionary ideas into meaningful plans, projects and services in partnership with startup incubator Velocity.

Lion Launch Penn State Schuylkill

A community-based entrepreneurship program that provides funding and mentorship to start and grow businesses, as well as a community competition wherein winners receive startup funding, training and mentorship.

MakerSpace & Business Challenge Penn State York

An expansion of the Graham Center for Entrepreneurial Leadership that provides a MakerSpace for artisans as well as a competitive business challenge program that will fund five student projects.

REV-UP@GreatValley Penn State Great Valley

Supporting all phases of early stage enterprises through engineering fabrication tools, an entrepreneur-in-residence program, and an annual Lion Cage competition with monetary awards for innovative projects.

The Penn State Alle-Kiski Economic Generator Penn State New Kensington

A modern meeting and office space, seeking to spur local economic development by supporting idea generation, refinement, funding, and testing to bring products and ideas to market.

VenturePointe Penn State Shenango

Courses, programming, and mentorship to accelerate business startups, four co-working spaces to support entrepreneurial teams at eCenter@LindenPointe and a Maker’s Studio with 3D printing capabilities to support product prototyping.