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.
Every month, Ben Franklin Technology Partners hosts a networking luncheon at Innovation Park. The November event, held on November 16, featured an introduction by Dr. Barry Scheetz of his business, Elixsys Group, LLC. A new tenant of the Tech Center Incubator, Elixsys Group is a waste remediation technology company that is tackling the major global problem of coal fly ash.
Fly ash contains huge amounts of incredibly valuable resources, including metals and rare earth elements (REEs). Currently, the U.S. relies mainly on foreign sources for REEs, with China controlling 95% of the market. Massive ash containment areas have been building up for decades. But Elixsys has developed a patent-pending process of leaching the valuable resources from fly ash that is holistic, safe, and environmentally friendly. The technology can also be used on any other metal-containing source, like bottom ash, metal slurry, or contaminated soil.
When Rick Hall worked for a national‑based company that sold mobile LED light towers, the type used in outdoor situations like construction sites and large parking lots, he heard from frustrated customers who weren’t happy with the product—the towers weren’t durable for long‑term use and didn’t cast enough light. With a Penn State degree in agricultural and biological engineering, Hall knew there was a better way to create bright lights that not only saved money, but also reduced the harmful emissions produced from traditional lighting sources.
Find out how Hall is revolutionizing the industry.
Ben Franklin Technology Partners Hosts 11th Annual TechCelerator Pitch Event and Award Ceremony
After 10 weeks of classes and one-on-one mentoring sessions, the five start-ups presented their business ideas to a panel of judges and their peers with the hopes of winning $10,000 to further their projects.
Newest Class of Start-up Companies Promises Big Things for the Future
Happy Valley LaunchBox held a graduation ceremony for its five Fall 2016 Accelerator Bootcamp teams on December 7. It was the third class of start-up companies to complete the 10-week program since its opening in February.
According to Lee Erickson, Chief Amplifier at LaunchBox, 32 start-up hopefuls applied for the fall program, and only five were accepted.
Find out how those teams progressed over the 10-week program and what their plans are for the future.