Success Stories
The Mont Alto LaunchBox has used its first year in operation to provide Penn State Mont Alto and the surrounding communities with workshops, events, pitch competitions and access to a range of free entrepreneurial support services. They’ve assisted students, researchers and community members with projects from ghost writing to rockets…
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1855 Capital Completes Initial Fundraising Round and Invests in Three Penn State Affiliated Startups
1855 Capital—a $10 million-plus venture fund created to help meet the growing need for Penn State startups to have access to seed and early-stage venture capital—completed its initial fundraising round in 2018. The raise included $500,000 from the Penn State Alumni Association. 1855 Capital focuses its investments on companies with…
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Facing technology and equipment limitations when attempting to solve a challenge for the U.S. Department of Energy, Dr. John Asbury in Penn State's Department of Chemistry and his graduate students decided to build the equipment themselves. NanoSpec Instruments (DBA Magnitude Instruments) builds transient spectrometers with a Penn State developed technology for researchers…
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Since the 2015 launch of the Invent Penn State initiative the Fund for Innovation has partnered with Penn State’s academic colleges to back dozens of emerging Penn State technologies, providing mentorship, guidance and proof of concept funding along their path to potential commercialization. During that time 11 promising new ventures, born of…
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This is an excerpt from the Penn State News story “A Summer to Venture.” To read the full story and learn more about Penn State startups, Summer Founders Programs and the entrepreneurial ecosystem at Penn State click here. For some Penn Staters, entrepreneurship has been a lifelong endeavor. Jobe Matula—an…
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From brain training to beverages, from financial services to fashion magazines and electronics, numerous innovative thought-leaders will share their experiences with students during Penn State Startup Week, April 1-5. Penn State Startup Week engages students, faculty, staff in nearly every academic college and at every commonwealth campus through presentations from startup founders and…
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Three Penn State research projects have been awarded grant funding in 2018 from the Manufacturing PA Innovation Program, a recently-funded effort from the Wolf Administration that aims to advance manufacturing technology and innovation in Pennsylvania. The program is financed by the Commonwealth of Pennsylvania’s Department of Community and Economic Development…
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From Penn State’s main campus, to remote medical facilities in rural Kenya, tech startup Kijenzi is developing solutions to deliver medical equipment using a surprising method -- 3D printing. Broken machinery, outdated supply chains and limited access to specialty equipment leaves Kenyan clinics with huge challenges in bringing healthcare to…
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If you’re ever in need of having a central line inserted in the future, perhaps your surgeon will have been trained on the procedure using Medulate’s training program. A central line is known by many names - a central venous catheter and a central venous access catheter, to name a…
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