Success Stories
With 260 million vehicles in the United States, 85% of commuters driving to work, and a projected 85% of the population living in urban areas by 2030, limited parking and traffic congestion in US cities is a continuously growing problem. Local and state governments are also setting more aggressive goals…
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This article is part of a series celebrating the five-year anniversary of Invent Penn State’s LaunchBox & Innovation Hub Network. Learn more here. When Reading, Pennsylvania natives Petros Pappalas and Shanna Henry founded World Brand, LLC in 2018, they saw an opportunity to produce an environmentally friendly product line to…
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The National Science Foundation (NSF) has awarded Penn State $1.5 million as one of eight universities selected to participate in the Mid-Atlantic NSF I-Corps Hub, led by the University of Maryland. This funding will enable Penn State to expand entrepreneurial training to academic researchers in science and engineering to foster…
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Academic researchers interested in exploring the commercial potential of their technological innovations are invited to apply to a free National Science Foundation Innovation Corps (NSF I-Corps) Virtual Short Course to be held Oct. 8 through Nov. 6. Applications for the course are due by 5 p.m. on Friday, Sept. 24. Up to five selected participants will receive entrepreneurship training and mentorship…
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This article is part of a series celebrating the five-year anniversary of Invent Penn State’s LaunchBox and Innovation Hub Network. Learn more here. At Penn State Behrend’s Innovation Commons — one of 21 innovation hubs embedded within Penn State campus communities — students, industry, faculty, and community members collaborate to…
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Happy Valley LaunchBox powered by PNC Bank is accepting applications for its virtual Idea TestLab starting Aug. 31 and in-person FastTrack Accelerator beginning Aug. 23. Both programs provide university and community entrepreneurs with the resources and skills they need to turn their idea into a scalable business. The deadline for…
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As pharmaceutical manufacturers race to claim first-to-market position for their drugs, approximately 20 percent of their biologic products experience delays or outright failure during late-stage production, costing them millions and delaying patient care. Failures often occur because of the inherent limitations of the pharmaceutical industry’s standard testing for predicting solubility…
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Lack of access to capital is one of the primary barriers facing Black and Latinx entrepreneurs. According to the Harvard Business Review, less than 2% of venture capital goes to Black and Latinx entrepreneurs, and when almost 65% of all entrepreneurs rely on personal and family savings for startup capital,…
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The Pursuit By You took home a $7,500 first-place prize in the Ben Franklin Technology Partners TechCelerator @ State College virtual pitch event, which awarded $10,000 to local entrepreneurs. Six entrepreneurial teams pitched their business concepts to a panel of independent judges and showcased innovative technologies in health, augmented reality…
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