A little less than two years after the launch of the Fund for Innovation, Invent Penn State has backed nearly 50 emerging Penn State technologies and has provided startup funding to promising new ventures that were born out of the program.
More than 85 events are set to engage enterprising students with entrepreneurial leaders during Penn State Startup Week, beginning April 17.
Students can pitch their business ideas and compete for cash prizes at Penn State Great Valley’s inaugural Student Pitch Day on April 27. Sponsored by the REV-UP Center for Entrepreneurship, this is an excellent opportunity for students to share their entrepreneurial visions with faculty and area professionals.
The Westmoreland County Industrial Development Corporation (WCIDC) board of directors, Gina Cerilli, Ted Kopas, and Charles W. Anderson, approved today (March 31) a lease agreement between the WCIDC and Penn State New Kensington. The New Kensington campus will be leasing 4,725 square feet at 701 Fifth Ave. in New Kensington from the WCIDC. This space will be home to the new entrepreneurial center set to open in fall 2017.
New innovation hubs in 13 Penn State campus communities are successfully supporting early-stage startups. In the process, they have discovered an unanticipated benefit to the program: an abundant source of hands-on student internships that enhance success for startups and students.
A new biopesticide developed by Penn State scientists has the potential to turn the bedbug control market on its ear, thanks to a robust entrepreneurial ecosystem taking root at Penn State that’s helping to push crucial discoveries out of the laboratory and into the marketplace.
A fungal biopesticide that shows promise for the control of bed bugs is highly effective even against bed-bug populations that are insecticide resistant, according to research conducted by scientists at Penn State and North Carolina State universities. The study suggests that Aprehend, a mycoinsecticide developed at Penn State, likely will provide an important new tool for managing bed-bug infestations, which have surged in recent years.
A Penn State Behrend team won the initial round of the CFA Institute Research Challenge, the “investment Olympics” for university students. The team advances to the Americas Regional final, set for April 6-7 in Seattle.
Penn State is the newest addition to the Center for e-Design, a seven-university, 35-plus member National Science Foundation Industry/University Cooperative Research Center.