Changes

== Student innovation Innovation and entrepreneurship =Entrepreneurship =

Pennsylvania In the last 5 years, Penn State University has been increasing expanding their entrepreneurial efforts. There have been some big changes in regards to minors, ecosystem by introducing new academic and extracrurricular programs, robust organizationsfocused solely on supporting entrerepeneurs, and expanded funding to initiatives across its 20 campuses statewide. The creation of [https://invent.psu.edu Invent Penn State], acting as the leading entreprenerial organization for Penn State, has allowed centralized strategy and morepartnership between otherwise scattered resources.

Initially, Penn State offered an Engineering Entrepreneurship minor through the College of Engineering. In 2013, Penn State was able to form introduced an intercollegiate [https://enti.psu.edu entrepreneurship minor (ENTI)] that allows students across most colleges to venture into subject clusters of their choice. The entrepreneurship minor offers unique and diverse clusters from College of Engineering: Arts Entrepreneurship, Digital Entrepreneurship & Innovation, Entrepreneurship as Advocacy, College of Agricultural SciencesFood and Bio-Innovation, College of CommunicationHospitality Management, School of Engineering DesignNew Media, Technology & Professional ProgramsNew Ventures, and Smeal College of BusinessSocial Entrepreneurship.

Organizations such Off campus, organizations like the [http://launchbox.psu.edu Happy Valley LaunchBox] serve as Innoblue a great starting point for student, faculty, and Nittany Entrepreneurs work hard to make sure that budding community entrepreneurs have all possible resources to reach their goals, alike. Innoblue holds workshops in subject matters of marketingWith free WiFi, codingcoffee, brand creationand co-working space from 8:30 am - 4:30 pm, pitch delivery and moreanyone can utilize these resources. Nittany Entreprenurs strives to match Penn State Several programs allow students with local businesses and community members to enhance student learning of entrepreneurship through practice.start and launch a business:

The accelerated undergraduate *[https://launchbox.psu.edu/ideatestlab/ Idea TestLab] is a four-week program that pushes an entrepreneurial mindset early on is gives curious minds tools, mentorship, and support to conduct customer discovery with potential users.*For entrepreneurs who are further along, the joint Science B[https://launchbox.Spsu.edu/Mfasttrackaccelerator/ FastTrack Accelerator] program is a 16-week accelerator program that offers intensive, hands-on guidance and tools to grow their startup.B*Penn State is also home to the [https://invent.Apsu. edu/program. Certificate /summer-founders/ Summer Founders Program], an immersive 13-week program that gives student and local entrepreneurs $10,000 in Humanitarian Engineering & Social Entrepreneurship is offered at Penn State as wellgrant 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.

Faculty play a large role Throughout the year, several signature events serve as great opportunities to engage and grow in Penn Statethe entrepreneurship community. In late fall, [https://gew.psu.edu Global Entrepreneurship Week] celebrates both the University and community's entrepreneurial ecosystem. Many faculty commercialize their own research and turn them into business ventures. Other faculty members choose committment to act as mentors for students innovation, offering presentations, keynotes, and help nudge students towards the path of entrepreneurshipnetworking opportunities. There are three endowed chairs of entrepreneurs who can be found Also in the College of Agricultural Sciencesfall, Smeal College of Business [https://hackpsu.org HackPSU] offers curious developers and School of Engineering Designstudents passionate about technology a 24-hour immersive experience with open-ended development and business challenges. In the spring, TechnologyPenn State offers [https://startupweek.psu.edu Startup Week], bringing leading minds in innovation and Professional Programs. Faculty are provided with research centers, design entrepreneurship to campuses across Penn State and innovation centers, business plan advice offering the community opportunities to learn through workshops and funding programspitch their startups.

In order to assist entrepreneurs with technology transfer, two 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 and one state resource has been providedalso offers the [https://sites. Penn State runs Office of Technology Management and Penn State Research Foundationpsu. Through TechCelerator edu/hese/ Humanitarian Engineering & Social Entrepreneurship (HESE) program, Ben Franklin Technologies runs Research to Start-up. These programs are there to help entrepreneurs facilitate technology transfer] as well.

== UniversityAlong with an academic push for entrepreneurship, Penn State attempts to provide many resources for entrepreneurship, such as [https://makercommons.psu.edu/technologies/3d-Industry collaboration ==printing/ 3D printers], [https://penntap.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.

Penn State has a few programs that allow university-industry collaboration. Penn State is working on increasing university = Faculty Innovation and local industry collaboration. Some of the programs that exist today are The Learning Factory (where teams of students are given projects and budgets by industry to solve a problem within a semester), Hackathons (companies such as Microsoft and Google hold their Hackathons at Penn State), 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 entrepreneurs.Entrepreneurship =

== Regional Faculty play a large role in Penn State's entrepreneurial ecosystem. Many faculty commercialize their own research and local economic development efforts ==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.

By collaborating with Ben Franklin Technology PartnersThere are three endowed chairs of entrepreneurs who can be found in the [https://agsci.psu.edu/support/impact/endowed-faculty College of Agricultural Sciences], Penn State's Innovation Park, Penn State [https://www.smeal.psu.edu/fcfe Smeal College of Business Development Center], Center Region Entrepreneur Network (CREN)and [https://www.sedtapp.psu.edu/eship/index.aspx School of Engineering Design], Nittany Entrepreneurs and various other Penn State organization and university programsTechnology, Penn State is attempting to decrease the gap between university and State College local entrepreneursProfessional Programs. In 2013Faculty are provided with research centers, there will be the first 'career fair' for local businesses to help students design and entrepreneurs reach other. The UIF fellow at Penn State is also helping make a database and transfer platform for entrepreneursinnovation centers, alumnibusiness plan advice, and past and current students. This should help regional and economical development. The goal for State College is to bring State College industry revenue to $3 Billion by 2033funding programs.

=== Penn State's Entrepreneurial Rating ==University Technology Transfer Function =

I would rate In order to assist entrepreneurs with technology transfer, two Penn State a 7 out of 10 for entrepreneurship activities. Though there resources and one statewide resource has been some great progress made in entrepreneurship at provided. Penn State in runs both the last few years, [https://www.research.psu.edu/otm Office of Technology Management] and [https://www.research.psu.edu/otm/foundation Penn State still has a long way to goResearch Foundation]. Through its [https://cnp. Penn State requires better design labs and innovation work spaces on campusbenfranklin. As a university as a wholeorg/techcelerator-at-state-college/ TechCelerator] program, Penn State needs Ben Franklin Technologies assists from the stages of research to push entrepreneurship instead of just pushing working in industriesstartup. Penn State has room These programs exist to grow in entrepreneurshiphelp entrepreneurs facilitate technology transfer.

Note: The Pennsylvania State = University (Penn State) consists of 24 campuses. Each campus promotes entrepreneurship in it's own way. For consistency, only Penn State's University Park campus information has been consolidated.-Industry Collaboration =

{| cellpadding="1" cellspacing="1" border="1" width="811"|-| Date&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<brOne of the main initiatives that currently exists is the [https:/>| Impact Name&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br/>| Impact&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Type &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br/>| Studentsnittanyai.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, faculty or both&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; and work alongside challenge partners like Google Cloud and Microsoft. &nbsp;

| # Additional programs that exist today are [https://www.lf.psu.edu The Learning Factory] (where teams of ppl served&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<brstudents 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 programs, Penn State is attempting to decrease the gap between university and State College local entrepreneurs. The goal for State College is to bring local industry revenue to $3 billion by 2033. = Landscape Canvas = | # of undergraduate engineers&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; served&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp;&nbsp;<brTo 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 ==| Desired outcomes&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br/>|-Penn State is growing in its entrepreneurship ecosystem, but it's still very young. Before 2015, there was no centralized organization tasked with pushing innovation and entrepreneurship programs and organizations in a common direction. Now, with Invent Penn State, 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 other schools with great innovation and entrepreneurship ecosystems.| <br/>| <br/>Note: The Pennsylvania State University (Penn State) consists of 20 campuses. Each campus promotes entrepreneurship in its own way. For consistency, only Penn State's University Park campus information has been included.| <br/>| <br/>= Related Links =| <br/>| <br/>[[Pennsylvania State University Student Priorities]]| <br/>|-'''Current Fellows:'''| <br/>[[Michael Miller| <br/>Michael Miller]]| <br/>[[Hayden Long| <br/>Hayden Long]]| <br/>| <br/>'''Previous Fellows:'''| <br/>|}[[Mridul Bhandari]]