Welcome to Innovation Park at Penn State, an ecosystem where business, education and research come together.
Innovation Park at Penn State offers 118-acres of remarkable office, manufacturing and research space, and is part of one of the world’s premier research institutions, with access to Penn State’s scientific, engineering, technology and business resources, as well as the support services needed to transfer knowledge from the University to the marketplace. The network of resources available at Innovation Park supports early-stage entrepreneurs and established businesses alike. Innovation Park at Penn State is home to the Penn Stater Conference Center Hotel—a 300-room hotel with world class conference facilities. Just a few miles from the University Park Airport and directly off of Interstate-99, the Park is easily accessible for travelers.
No Need to Sacrifice When Working in Happy Valley
The small town in Central Pennsylvania allows for an ideal work/life balance
State College, or Happy Valley as it’s more affectionately called, truly offers the top-notch quality of life you’re looking for. We’ve received numerous national awards for our small town atmosphere, sense of community, and connection to world-class research facilities at Penn State. Happy Valley is the place where work and personal life are priorities and both are richly rewarding.
What’s in Happy Valley for you?
Access to Resources
Innovation Park at Penn State offers many programs to help guide and fund start-up companies. The Ben Franklin TechCelerator and the Small Business Development Center provide help in recruiting top talent, accessing technology and other resources, and forming a solid business plan. If you’re a new entrepreneur, you’ve got a wealth of knowledge at your fingertips.
Flexibility for your Family
State College offers over 35 daycare facilities and a variety of schools for your children. State College Area School District is one of the best in the state; the school earned a silver medal in U.S. News and World Report's premiere ranking of the nation's best high schools in 2008 and was rated one of the "Top High Schools in the Country" by Newsweek magazine in 2007. State College offers some viable options including Our Lady of Victory Catholic Elementary School and Saint Joseph’s Catholic Academy.
A Short Commute
Living and working in State College gives you an added sense of flexibility. When home, work, and your child’s daycare or school is all within a short distance, you’re available if need be. With less of travel, you can make it home from work in just a quick drive for family time.
Recreation & Entertainment
State College may have a small-town feel, but there’s never a lack of entertainment. Whether your interests are football and tailgating, hiking/biking/camping, or arts, Central PA has something to offer.
Penn State tailgating is just tradition here in Happy Valley, but there’s more than tailgating in the fall. Centre County offers over 44 parks (including 5 state parks), youth and adult recreation programs, and all kinds of community events and festivals. There’s also multiple wineries, breweries, and distilleries in the area.
If your interests lie in the Arts, there’s certainly something here for you.
- The Center for the Performing Arts
- The Playhouse
- The Pavilion
- The Downtown
- The State Theatre
- Gallery Shop
- Green Drake Gallery & Arts Center
- Palmer Museum of Art
There’s also several crafts and arts festivals, including the Central Pennsylvania Festival of the Arts, one of the top shows in the nation.
State College is a town fueled by and filled with innovation, but it’s also a family town. Don’t have a family yet? There are all kinds of social organizations and networking events for young professionals. There’s also public transportation such as CATA buses, fine dining, a vibrant nightlight, and networking opportunities—making this a great home for young professionals just beginning their careers.
You don’t have sacrifice anything in Happy Valley because it all balances out. That’s why it’s the best place for your business, you, and/or your family.
How government grants fueled our product launch
Entrepreneurs want to make a difference.
When we started Actuated Medical (AMI), we knew the right technologies integrated into the right medical devices would help patients. We had big ideas and devices we were pursuing but then Paul Frankhouser said, “You know what you need to do? You need to clear clogged feeding tubes.”
We knew that was a great idea but we had no money to develop the device on our own. Angel and VC investors were not willing to fund us because the idea was too early and unproven. Ben Franklin provided seed funding the year before but could not offer anything additional.
So where could we find money? The National Science Foundation and the Small Business Innovation Research (SBIR) program to the rescue! TubeClear was on its way!
After posting spectacular growth for seven years, Schoolwires announces merger with Blackboard Inc.
By Eileen Wise
When Founder and Chairman of Schoolwires, Ed Marflak, started the company in April of 2000, he knew he had a good idea, a strong team, and a clear vision. But he did not foresee just how rapidly the company would grow—at a rate of 20-30% annually. For the past seven years in a row Schoolwires has been ranked by Inc. Magazine as one of the fastest growing privately held companies in the US.
Just a few hours from 20 percent of the country’s manufacturing and industrial infrastructure, a few blocks from campus, and a bike ride away from home, there’s no place else KCF Technologies would rather be.
By Jodie Dello Stritto
Born out of Penn State’s Center for Acoustics and Vibration, KCF is a true story of technology transfer or, as CEO Jeremy Frank said, “taking ideas from the lab to the world.” It’s a process that’s not for the weak in spirit.
Listen to Frank tell KCF’s history and you’ll learn it requires determination, flexibility, support and at times, even a little soul-searching. After some highs, lows and a couple of key pivots, KCF is making it work by relying on its core expertise and continuing to keep close ties with the university and the resources it offers, Frank said.