A signature program of the Invent Penn State initiative, the Fund for Innovation aims to de-risk and accelerate the development of Penn State’s commercially promising research for the purposes of licensing or company formation. The program is a collaboration between Invent Penn State, the Office of the Vice President for Research and the academic colleges.
8 New Ventures
The Fund for Innovation has provided startup funding to many promising new ventures that were born out of the program, and the list is still growing.
Eight of Penn State’s colleges partner with the Fund for Innovation to support researchers.
The Fund for Innovation has financially supported nearly 50 emerging Penn State technologies.
Eight startups based in Penn State technologies have been supported by Fund for Innovation.