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*For entrepreneurs who are further along, the [https://launchbox.psu.edu/fasttrackaccelerator/ FastTrack Accelerator] program is a 16-week accelerator program that offers intensive, hands-on guidance and tools to grow their startup.
*Penn State is 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 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]. Certificates in Penn State also offers the [https://sites.psu.edu/hese/ Humanitarian Engineering & Social Entrepreneurship are offered at Penn State (HESE) program] as well.
Along with an academic push for entrepreneurship, Penn State attempts to provide many resources for entrepreneurship, such as 3[https://makercommons.psu.edu/technologies/3d-D 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.
= Faculty Innovation and Entrepreneurship =
Faculty play a large role in Penn State's entrepreneurial ecosystem. Many faculty commercialize their own research and turn them 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 [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 also hosts its annual [https://pennstatevip.com Venture & IP Conference], a way for existing entrepreneurs, researchers, and investors to connect.
= University Technology Transfer Function =
In order to assist entrepreneurs with technology transfer, two Penn State resources and one state statewide resource has been provided. Penn State 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 runs Research assists from the stages of research to Start-upstartup. These programs are there 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 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 increasing university 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 local industry collaborationwork alongside challenge partners like Google Cloud and Microsoft. Some of the Additional programs that exist today are [https://www.lf.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, Center and Centre Region Entrepreneur Network (CREN), Nittany Entrepreneurs 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. In 2013, there will be the first 'career fair' for local businesses to help students and entrepreneurs reach other. The UIF fellow at Penn State is also helping make a database and transfer platform for entrepreneurs, alumni, and past and current students. This should help regional and economical development. The goal for State College is to bring State College local industry revenue to $3 Billion billion by 2033.
= Landscape Canvas =
== Penn State's Entrepreneurial Rating Progress ==
Note: The Pennsylvania State University (Penn State) consists of 24 20 campuses. Each campus promotes entrepreneurship in its own way. For consistency, only Penn State's University Park campus information has been consolidatedincluded.
= 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]]
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