The National Science Foundation has joined in supporting Penn State’s goal of taking more of its discoveries to market by awarding Penn State a five-year, $500,000 Innovation Corps (I-Corps) grant to establish the Invent Penn State I-Corps Site in collaboration with Ben Franklin Technology Partner’s TechCelerator, Happy Valley LaunchBox, and Invent Penn State’s Innovation Hubs.
New innovation hubs in 13 Penn State campus communities are successfully supporting early-stage startups. In the process, they have discovered an unanticipated benefit to the program: an abundant source of hands-on student internships that enhance success for startups and students.
Entrepreneurs make use of the Happy Valley LaunchBox on June 7, 2016, part of the Invent Penn State Initiative. Located in downtown State College, the Happy Valley LaunchBox features co-working space for entrepreneurs, including large monitors users can hook their laptops to, as well as fast internet connections.