Success Stories

Ben Franklin Technology Partners is accepting applications for its virtual, 10-week TechCelerator @ State College business startup bootcamp, a no-cost opportunity for emerging technology entrepreneurs to turn business ideas into tech startups. Spring TechCelerator @ State College bootcamp applications are due on March 31. The program, which helps entrepreneurs form…
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Companies and Penn State faculty and staff came together on Feb. 17 at Innovation Park for the inaugural Industry Innovation Summit, which featured panels, speakers and educational sessions that furthered discussion about innovation in industry while facilitating connections between industry and faculty members. The summit, hosted by the Penn State…
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Six Penn State student startup teams have been selected as finalists in the Invent Penn State Inc.U Competition and are set to compete for $30,000 in funding on “The Investment,” a WPSU Shark Tank-like television production that will be livestreamed during Penn State Startup Week powered by PNC. Teams include…
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Venture Connection entrepreneur applications are now open. Taking place during the Invent Penn State Venture & IP Conference, April 28-29, Venture Connection is a matchmaking event between capital-seeking startups and venture capital investors who have been pre-matched based on industry and capital needs, among other key criteria. Entrepreneur applications are…
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Penn State startup spotLESS Materials, which sells its super slippery coating technology as an assistive cleaning product, has raised over $1.3 million of total venture capital funding to date, including a recently closed seed round of $900,000 in venture capital funding which closed on December 23, 2021. Their total funding…
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When a business starts growing rapidly, sometimes the biggest need is just a space to conduct business from. For Penn State alumni-founded Paint Ninjas, Inc., Happy Valley LaunchBox powered by PNC Bank was that space. State College residents Oakes Fletcher and Jim Kassab started their painting careers in Centre County…
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Students can apply to win up to $30,000 in funding for their company in the Inc.U Competition. Open to Penn State undergraduates, the Inc.U Competition will culminate in “The Investment,” a WPSU Shark Tank-like television production that will be livestreamed during Penn State Startup Week powered by PNC. Applications for…
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Applications are now open for the Invent Penn State Summer Founders program, which provides a $15,000 grant to entrepreneurial teams with at least one Penn State student to work full-time on their startup, social good or nonprofit over the summer. Applications are due Feb. 13. The 13-week program, run in…
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A first-place prize of $7,500 was awarded to local startup Marqo in the Ben Franklin Technology Partners TechCelerator @ State College virtual pitch event, where six entrepreneurial teams pitched their business concepts for more than $10,000 in prizes at the end of 2021. Teams showcased products, platforms, and services that…
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