Success Stories

Entrepreneurship races through Nic Anzalone’s veins. A third-generation Penn State student who graduated in spring 2021 with a degree in Corporate Innovation and Entrepreneurship (CIENT) from the Smeal College of Business, Anzalone launched his first company at the age of seven – making chocolate lollipops to sell door-to-door. Years later,…
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Ben Franklin Technology Partners, an award-winning, tech-based economic development program, is offering emerging entrepreneurs, tech innovators, and small manufacturers developing new products, processes, or software applications the chance to win up to $50,000 by competing in the BIG IDEA Contest. Applications are open now until 5 p.m. on Aug. 23. …
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Normal Pressure Hydrocephalus (NPH) is a disease resulting from too much cerebrospinal fluid (CSF) around the brain and affects roughly 750,000 Americans, typically those over 65 years old. Symptoms are often confused with Alzheimer’s, but in many cases are reversible with the placement of a shunt. Unfortunately, Hydrocephalus shunts have…
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Just five years after opening the first LaunchBox, Invent Penn State’s LaunchBox & Innovation Network has grown to 21 locations across Pennsylvania. The Network has supported 3,325 community entrepreneurs, launched 164 new Pennsylvania companies, created 247 new products, and created 194.5 jobs. The LaunchBox & Innovation Hub Network began modestly in 2015 when five Penn…
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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. In the past year, State College-based Phospholutions has grown from seven to 20 employees, and recently raised $10.3M in venture capital funding to support the development and…
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The Invent Penn State Venture & IP Conference, one of the largest tech startup conferences in the Mid-Atlantic, virtually hosted more than 500 attendees April 15-16. Drawing more than 80 startups and more than 50 venture capital investors from across the country, the conference highlighted innovations from high growth and…
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Invent Penn State’s 2021 virtual Tech Tournament showcased eight of Penn State’s most disruptive innovations and early-stage startups born out of Penn State’s research enterprise. The startups and inventors pitched their technologies to a panel of three judges for their chance at the $75,000 grand prize. The judges for the…
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Kenneth Frazier, chairman and CEO of global biopharmaceutical company Merck, will be the keynote speaker and honorary co-chair for the 2021 Invent Penn State Venture & IP Conference, which takes place April 15-16. Frazier’s keynote will be a virtual fireside chat with Penn State President Eric Barron at 2 p.m.…
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Sometimes we forget that school plays a greater role in many students’ lives than simply learning reading, writing, math, and core subjects with subsequent tests and grades. For many students, school is the only place where critical life skills, including their social and emotional abilities, will be cultivated before they…
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