News
Penn State’s general support funding remains flat for third consecutive year
Penn State’s general support appropriation will remain level for the third consecutive year, as the Pennsylvania General Assembly approved the University’s nonpreferred appropriations bill on July 7 as part of the commonwealth’s 2022-23 budget. The $42.7 billion budget package, which has been signed into law by Gov. Tom Wolf, also includes a 5% funding increase for Penn State Agricultural Research and Extension and $2.35 million in new funding for Invent Penn State.
$50,000 endowment for innovation established with the help of Gasbarre Products
Gasbarre Products, a longtime partner and friend of Penn State DuBois, continues to invest in regional innovation with the establishment of the Gasbarre Products LaunchBox Endowment in support of the North Central PA LaunchBox powered by Penn State DuBois.
$50,000 Miller Fabrications Solutions LaunchBox Endowment established
After touring the North Central PA LaunchBox powered by Penn State DuBois and visiting the Idea Lab on the Penn State DuBois campus, Dave Miller, Miller Fabrication Solutions’ chairman of the board, established the Miller Fabrication Solutions Endowment.
Penn State Altoona offers Business Bootcamp 2022
The Business Bootcamp is open to entrepreneurs in all development stages and will provide resources and education to help turn ideas into successful businesses.
Health tech startup founder, alum Swatee Surve speaks on Dare to Disrupt
In the eighth episode of Invent Penn State’s “Dare to Disrupt” podcast, host Ryan Newman interviews Litesprite founder Swatee Surve, who received her master of science in mechanical engineering degree in control systems and biomechanics from Penn State in 1998.
Startup Control LTD wins $10,000 in TechCelerator pitch event
Control LTD won the $10,000 first-place prize in the Ben Franklin Technology Partners TechCelerator @ State College virtual pitch event.
Penn State Altoona LaunchBox to hold employee recruitment tools webinar
Join the Altoona LaunchBox supported by the Hite family for “Recruitment Tools – Where to Find Employees.” The workshop will take place from 12:05 to 12:30 p.m. on Tuesday, July 12, via Zoom.
Brandywine appoints director of innovation and entrepreneurship
Roger Lee, an experienced business leader and higher education professional, has been named director of innovation and entrepreneurship at Penn State Brandywine, effective July 5. In that role, he will serve as a member of the senior leadership team, lead priority initiatives in the campus’ strategic plan and direct the Brandywine LaunchBox.
Why state funding matters: Invent Penn State fueling innovation, business growth
Pennsylvania Gov. Tom Wolf has proposed $2.35 million in new funding for Invent Penn State as part of the University’s 2022-23 state appropriation. Watch as Sydney Gibbard, a Penn State biomedical engineering major from Yardley, Pennsylvania, explains how Invent Penn State has helped to grow her nonprofit, Girls Code the World.