Penn State’s Center for Supply Chain Research (CSCR) and the Farrell Center for Corporate Innovation and Entrepreneurship, both within the Smeal College of Business, recently sponsored its annual Supply Chain Pitch Contest for 2019.  The contest is open to all Penn State undergraduate students on all Commonwealth campuses. Students form teams to pitch an idea aimed at solving a supply chain problem or improving a supply chain product or process. The idea pitched also has to allow the possibility of developing a startup business to pursue the idea. The teams, which are limited to four members, submit an application accompanied by a two-minute video. Out of the applicants, four teams are chosen to make live presentations at the contest. Thanks to donations from the 2019 contest sponsors, the final teams competed for $10,500 in awards.

Regional Conference on Entrepreneurial and Workplace Development Scheduled for June 5th in Altoona“Alleghenies Ahead: Creating an Entrepreneurial Spirit in the Workplace” is a day-long conference filled with innovative and business transforming ideas presented by leaders in entrepreneurship, workforce development and management. The conference will be held on June 5th at the Blair County Convention Center in Altoona, PA.

State College Startups Compete for $10,000
Chute is granted $5,000

There was a buzz of excitement in the air at Innovation Park at Penn State’s Technology Center on May 21 as Ben Franklin Technology Partners hosted the culmination of its TechCelerator @State College program. The program provides funding and support services to emerging tech-entrepreneurs, and concluded with a pitch competition that was held among the program’s seven recent graduates. The local startups gave a six-minute pitch to three judges, followed by a five-minute Q&A. The prize for the evening? $10,000 in funding.

328 Innovation Boulevard in Innovation Park at Penn State Named for Renowned  Climate Modeling Pioneer Warren M. WashingtonOn Friday, May 17, 2019, Penn State President Eric Barron named 328 Innovation Boulevard in Innovation Park at Penn State in honor of Dr. Warren M. Washington, a pioneer and world leader in climate modeling. Washington earned his Ph.D. in meteorology from Penn State 1964. As the second African-American in the nation to earn a Ph.D. in meteorology, his mentorship to future generations of scientists has deeply and profoundly impacted the field.

Pilot Program Matches Penn State Tech Startups with Executive TalentOne of Invent Penn State’s strategic goals is to increase the quantity and quality of the startup companies emerging from Penn State. With significant effort and investment in support and education programs over the last few years, Penn State faculty startups now have a strong support system to help them as they test new technology and explore viable business ideas. Once they launch, though, they need an experienced management team to help guide them through growth. University startups located in metropolitan areas enjoy a large pool of nearby talent to assist in this process. For these new businesses coming from geographically isolated Penn State campuses, finding this talent is a challenge.