Changes

<h2> = Student innovation Innovation and entrepreneurship </h2><p>Pennsylvania State University has been increasing their entrepreneurial efforts. There have been some big changes in regards to minors, programs, organizations, and more. </p><p>Initially, Penn State offered an Engineering Entrepreneurship minor through the College of Engineering. In 2013, Penn State was able to form an intercollegiate entrepreneurship minor that allows students to venture into subject clusters of their choice. The entrepreneurship minor offers clusters from College of Engineering, College of Agricultural Sciences, College of Communication, School of Engineering Design, Technology &amp; Professional Programs, and Smeal College of Business. </p><p>Certificate in Humanitarian Engineering &amp; Social Entrepreneurship is offered at Penn State as well. </p><p>Organizations such as Innoblue and Nittany Entrepreneurs work hard to make sure that budding entrepreneurs have all possible resources to reach their goals. Innoblue holds workshops in subject matters of marketing, coding, brand creation, pitch delivery and more. Nittany Entreprenurs strives to match Penn State students with local businesses to enhance student learning of entrepreneurship through practice. <p>&lt;p&gt;The accelerated undergraduate program that pushes an entrepreneurial mindset early on is the joint Science B.S./M.B.A. program. </p><p>Along with an academic push for entrepreneurship, Penn State attempts to provide many resources for entrepreneurship, such as 3-D printers, accelerators, trader challenges, idea pitch competitions, TedxPSU, the learning factory, and more. Penn State also offers funding for entrepreneurs on the rise. </p></p><h2> Faculty innovation and entrepreneurship </h2><p>Faculty play a large role in Penn State's entrepreneurial ecosystem. Many faculty commercialize their own research and turn them into business ventures. Other faculty members choose to act as mentors for students and help nudge students towards the path of entrepreneurship. There are three endowed chairs of entrepreneurs who can be found in the College of Agricultural Sciences, Smeal College of Business and School of Engineering Design, Technology, and Professional Programs. Faculty are provided with research centers, design and innovation centers, business plan advice and funding programs.</p><h2> University technology transfer function </h2>In order to assist entrepreneurs with technology transfer, two Penn State and one state resource has been provided. Penn State runs Office of Technology Management and Penn State Research Foundation. Through TechCelerator program, Ben Franklin Technologies runs Research to Start-up. These programs are there to help entrepreneurs facilitate technology transfer.=

<h2> University-Industry collaboration </h2>In the last 5 years, Penn State University has a few been expanding their entrepreneurial ecosystem by introducing new academic and extracrurricular programs that allow university-industry collaboration. Penn State is working , robust organizations focused solely on increasing university supporting entrerepeneurs, and local industry collaborationexpanded funding to initiatives across its 20 campuses statewide. Some of the programs that exist today are The Learning Factory (where teams creation of students are given projects and budgets by industry to solve a problem within a semester)[https://invent.psu.edu Invent Penn State], Hackathons (companies such acting as Microsoft and Google hold their Hackathons at the leading entreprenerial organization for Penn State), has&nbsp;allowed centralized strategy and the Engineering Design Program (where students learn to use industrial tools such as CAD) Currently, Penn State is working on increasing university relations with State College local entrepreneurspartnership between otherwise scattered resources.

<h2> Regional and local economic development efforts </h2>By collaborating with Ben Franklin Technology PartnersIn 2013, Penn State's Innovation Park, Penn State Business Development Center, Center Region Entrepreneur Network introduced an intercollegiate [https://enti.psu.edu entrepreneurship minor (CRENENTI), Nittany Entrepreneurs and various other Penn State organization and university programs, Penn State is attempting ] that allows students across most colleges to decrease the gap between university and State College local entrepreneurs. In 2013, there will be the first 'career fair' for local businesses to help students and entrepreneurs reach otherventure into subject clusters of their choice. The UIF fellow at Penn State is also helping make a database entrepreneurship minor offers unique and transfer platform for entrepreneursdiverse clusters: Arts Entrepreneurship, Digital&nbsp;Entrepreneurship & Innovation, alumni&nbsp;Entrepreneurship as Advocacy, Food and past and current students. This should help regional Bio-Innovation, Hospitality Management, New Media, New Ventures, and economical development. The goal for State College is to bring State College industry revenue to $3 Billion by 2033Social&nbsp;Entrepreneurship.

<h2> Other <Off campus, organizations like the [http://launchbox.psu.edu Happy Valley LaunchBox] serve as a great starting point for student, faculty, and community entrepreneurs, alike. With free WiFi, coffee, and co-working space from 8:30 am - 4:30 pm, anyone can utilize these resources. Several programs allow students and community members to start and launch a business: *[https://launchbox.psu.edu/ideatestlab/ Idea TestLab] is a four-week program that gives curious minds tools, mentorship, and support to conduct customer discovery with potential users.*For entrepreneurs who are further along, the [https://launchbox.psu.edu/fasttrackaccelerator/h2>FastTrack Accelerator] program is a 16-week accelerator program that offers intensive, hands-on guidance and tools to grow their startup.<h3> *Penn Stateis also home to the [https://invent.psu.edu/program/summer-founders/ Summer Founders Program], an immersive 13-week program that gives student and local entrepreneurs $10,000 in grant funding, dedicated office space, one-on-one mentorship, and additional resources to work on their startup or non-profit full-time over the summer instead of pursuing classes or an internship.   Throughout the year, several signature events serve as great opportunities to engage and grow in the entrepreneurship community. In late fall, [https://gew.psu.edu Global Entrepreneurship Week] celebrates both the University and community's Entrepreneurial Rating <committment to innovation, offering presentations, keynotes, and networking opportunities. Also in the fall, [https://hackpsu.org HackPSU] offers curious developers and students passionate about technology a 24-hour immersive experience with open-ended development and business challenges. In the spring, Penn State offers [https://startupweek.psu.edu Startup Week], bringing leading minds in innovation and entrepreneurship to campuses across Penn State and offering the community opportunities to learn through workshops and pitch their startups. Student organizations like [http://www.innoblue.org Innoblue] work hard to make sure that budding entrepreneurs have all possible resources to reach their goals. Innoblue holds workshops in subject matters of marketing, coding, brand creation, pitch delivery and more. The accelerated undergraduate program that pushes an entrepreneurial mindset early on is the joint [https://science.psu.edu/interdisciplinary-programs/bsmba Science B.S./M.B.A. program]. Penn State also offers the [https://sites.psu.edu/hese/h3>Humanitarian Engineering & Social Entrepreneurship (HESE) program] as well. I would rate Along with an academic push for entrepreneurship, Penn State a 7 out of 10 attempts to provide many resources for entrepreneurship activities, such as [https://makercommons.psu.edu/technologies/3d-printing/ 3D printers], [https://penntap. Though there has been some great progress made psu.edu/innovation/incu/ idea pitch competitions], [http://www.tedxpsu.com TEDxPSU], and more. Penn State also offers [https://invent.psu.edu/program/nsf-i-corps-site/ many] [https://www.smeal.psu.edu/cscr/events-old/supply-chain-entrepreneurship-pitch-contest opportunities] [https://agsci.psu.edu/entrepreneur/events/springboard for] [http://ideamakers.ist.psu.edu funding] for entrepreneurs on the rise. = Faculty Innovation and Entrepreneurship = Faculty play a large role in entrepreneurship at Penn State 's entrepreneurial ecosystem. Many faculty commercialize their own research and turn projects into successful business ventures. Other faculty members choose to act as mentors for students and help nudge students towards the path of entrepreneurship. There are three endowed chairs of entrepreneurs who can be found in the last few years[https://agsci.psu.edu/support/impact/endowed-faculty College of Agricultural Sciences], [https://www.smeal.psu.edu/fcfe Smeal College of Business], and [https://www.sedtapp.psu.edu/eship/index.aspx School of Engineering Design], Technology, and Professional Programs. Faculty are provided with research centers, design and innovation centers, business plan advice, and funding programs. Penn State still has also hosts its annual [https://pennstatevip.com Venture & IP Conference], a long way for existing entrepreneurs, researchers, and investors to goconnect. = University Technology Transfer Function = In order to assist entrepreneurs with technology transfer, two Penn State resources and one statewide resource has been provided. Penn State requires better design labs runs both the [https://www.research.psu.edu/otm Office of Technology Management] and [https://www.research.psu.edu/otm/foundation Penn State Research Foundation]. Through its [https://cnp.benfranklin.org/techcelerator-at-state-college/ TechCelerator] program, Ben Franklin Technologies assists from the stages of research to startup. These programs exist to help entrepreneurs facilitate technology transfer. = University-Industry Collaboration = Penn State has a few programs that allow university-industry collaboration, but this is still an area of great potential and innovation work spaces growth for Penn State.  One of the main initiatives that currently exists is the [https://nittanyai.psu.edu Nittany AI Challenge]. Through the program, selected student entrepreneurs will spend eight months working on launching an artificial intelligence-based solution that solves a campus-specific problem. The challenge gives students the chance to win up to $25,000, receive project mentorship, and work alongside challenge partners like Google Cloud and Microsoft. &nbsp; Additional programs that exist today are [https://www.lf. As psu.edu The Learning Factory] (where teams of students are given projects and budgets by industry to solve a problem within a semester), [https://hackpsu.org Hackathons] (companies such as Microsoft and Google hold their Hackathons at Penn State), and the [https://www.sedtapp.psu.edu/design/index.aspx Engineering Design Program] (where students learn to use industrial tools such as CAD) Currently, Penn State is working on increasing university relations with State College local entrepreneurs. = Regional and Local Economic Development Efforts = By collaborating with Ben Franklin Technology Partners, Penn State's Innovation Park, Penn State Business Development Center, and Centre Region Entrepreneur Network (CREN), Innoblue and various other Penn State organization and university as a wholeprograms, Penn State needs is attempting to decrease the gap between university and State College local entrepreneurs. The goal for State College is to push bring local industry revenue to $3 billion by 2033. = Landscape Canvas = To view various entrepreneurship and innovation resources at Penn State, check out our [https://docs.google.com/spreadsheets/d/11apmIXr_vQO1vgXuCj5q2jdboU1b2xhfhKImkVnXRD0/edit?usp=sharing Landscape Canvas]. == Penn State's Entrepreneurial Progress == Penn State is growing in its entrepreneurship instead of just ecosystem, but it's still very young. Before 2015, there was no centralized organization tasked with pushing working innovation and entrepreneurship programs and organizations in industriesa common direction. Now, with Invent Penn State has room , our university is moving in a great direction. There's still lots to be done, though. For example, resources are rather scattered across entities, making it hard for outside students to understand what's available and get involved. In addition, resources for pitch competitions and other student funding opporutnities are growing, but they're still not at levels comparable to grow in other schools with great innovation and entrepreneurshipecosystems.<p>Note: The Pennsylvania State University (Penn State) consists of 24 20 campuses. Each campus promotes entrepreneurship in it's its own way. For consistency, only Penn State's University Park campus information has been consolidated included.</p><p>&lt;/p&gt;= Related Links = [[Pennsylvania State University Student Priorities]] '''Current Fellows:''' [[Michael Miller|Michael Miller]] [[Hayden Long|Hayden Long]] '''Previous Fellows:''' [[Mridul Bhandari]] [[Category:Universities]][[Category:Schools]][[Category:Pennsylvania_State_University]]</p>{{CatTree|Pennsylvania_State_University}}