There’s nothing better than learning the ropes from someone who has first-hand experience—and that’s exactly the type of experiences that the Ben Franklin TechCelerator program is providing for budding entrepreneurs.
On Tuesday, March 22, interested individuals had one of many opportunities to learn from and connect with successful entrepreneurs.
Since the earliest patents for additive manufacturing devices have started to expire, the 3-D printing industry is entering a Wild West sort of stage, where innovators of new technologies will be championed and rewarded for bringing additive manufacturing to the next level.
Joe Sinclair and Innovation Park-based Solid Dynamics hope to be one of those companies at the forefront of this expansion.
The Penn State graduate has sat by different 3-D printers in his Innovation Park lab space for the last two years, watching as different liquid polymers are spun, squirted, molded, and assembled into whatever device his clients request. Taking entire design elements from his clients and tweaking or customizing them using his own engineering skills, Sinclair and his team first use computer-aided drafting software to mock up a blueprint. That blueprint is then introduced into one of 14 3-D printing machines Solid Dynamics uses.
Virolock Technologies Inc. Wins $10,000
On Tuesday, March 1, The Ben Franklin TechCelerator Program hosted the Final Presentations and Award Ceremony for their ninth class of graduates. Virolock Technologies Inc. won $10,000 to advance their company.
The TechCelerator has provided a solid foundation for startups. Out of the 46 teams who graduated, 43 have formed companies, $7.1 million has been generated in startup funds, and $5 million has been generated in revenue.
About the Judges
The judges for the TechCelerator Final Presentations and Awards Ceremony are entrepreneurs and experts in our local community. They volunteer their time to attend the event and evaluate the teams’ business plans. Keep reading to learn about each judge’s expertise and why they volunteer their time.
Happy Valley LaunchBox, which opened back in November of 2015, is now welcoming its first class of startups.
Five teams were selected from over 40 applicants to participate in Invent Penn State’s no-cost business pre-accelerator program. Those teams include: Lockeroom, Project Vive, ReDi Index, Scenomics, and Somnus. Click below to find out more about these teams!