Lab TechnitianOn January 8th, Penn State President Eric Barron announced that the university will be investing $30 million in economic development and student career success. As you know, Innovation Park is home to the Ben Franklin TechCelerator & incubator program and the SBDC, and is a hub of entrepreneurship and business partnership. A renewed commitment from PSU will further increase visibility for the park and help entrepreneurs turn their ideas into reality. This investment includes a one-time, start-up and capital investment as well as annual funding of more than $5 million. Barron hopes that this new investment will make Penn State “a driver for job creation, economic development and student career success.” 

Building 331 Rendering331 Innovation Boulevard, a four-story facility with 82,000 square feet of leasable office space, is scheduled for completion in late August 2015. As current resident companies are expanding and more companies are learning about the benefits of locating in Innovation Park, the demand for space continues to grow. The new building provides an opportunity for expanding companies in the park to move to a new building that meets their needs. It’s also a great opportunity for new companies to join the Innovation Park community. If you know of a company looking to lease space, direct them to Dan Leri, Director of Innovation Park, for more information on the park and space available. Dan Leri can be reached at 814-865-5925 or This email address is being protected from spambots. You need JavaScript enabled to view it..