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= Faculty Innovation and Entrepreneurship =
Faculty play a large role in 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 [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 =