Success Stories

Penn State alumnus Hunter Swisher, founder and CEO of Phospholutions, was named a 2023 Forbes 30 Under 30 in the social impact category. The category is described as those who are "leveraging business smarts to save the world." The company, which has raised $22 million in combined equity and…
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Invent Penn State’s LaunchBox & Innovation Network has provided a wide array of no-cost entrepreneurial resources to innovators across the state for the past six years. The Network is comprised of 21 LaunchBox and innovation spaces embedded within Commonwealth campus communities. These spaces provide specialized programs to de-risk and accelerate…
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Connecting community members and entrepreneurs with Penn State’s vibrant ecosystem of investors, researchers and startup champions, Global Entrepreneurship Week (GEW) Penn State hosted 66 events across Penn State campus communities in November, with more than 60 occurring Nov. 14-18. Hosted by the Penn State Small Business Development Center (SBDC), GEW…
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UNIVERSITY PARK, Pa. — Penn State has been ranked as the No. 23 school for undergraduate entrepreneurship studies in the United States by The Princeton Review in its annual ratings measuring individual schools’ performances. Among schools in the Mid-Atlantic region, Penn State came in at No. 3. The 2023 ratings were announced…
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OriginLabs, Invent Penn State’s all-new prototyping and product development facility located in the Eric J. Barron Innovation Hub was recently awarded an Appalachian Regional Commission grant that was matched 1:1 to by the University to fund the purchase of key equipment and delivery of free workshop programming. “As Pennsylvania’s land-grant institution, we have…
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Through the Build to Scale Venture Challenge award program, the U.S. Economic Development Administration (EDA) has granted Penn State $1.8M over three years to support the translation of Penn State Research discoveries to the marketplace and assist small businesses across Pennsylvania. This project focuses on three crucial no‐cost services: The…
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Global Entrepreneurship Week (GEW) Penn State, scheduled for Nov. 14-18, connects community members and aspiring entrepreneurs with Penn State’s vibrant ecosystem of investors, researchers, and startup champions. Presented by the Penn State Small Business Development Center (SBDC), GEW Penn State will host presentations, workshops, and networking opportunities geared specifically to…
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Rob Schutz is the Chief Growth Officer and Co-founder of Ro, a direct-to-patient healthcare company providing high-quality, affordable healthcare without the need for insurance. Rob guides Ro's growth, marketing and communications functions to tell Ro’s story of putting patients in control of their health. He applies his extensive experience in…
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Penn State students can now access campus resources and connect with around 12,000 of their community members from a secured app called the Penn State Engagement App. Navengage, founded by Penn State alumni Andrew Strause (management information systems, 2017), Dan Lordan (biology and political science, 2017), and Colleen McBride (advertising,…
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