news & events

Setting goals is an important step for any entrepreneur, and as we enter 2023, now is a great time to start thinking about your goals for the year ahead. By setting specific, measurable, achievable, relevant, and time-bound (SMART) goals, you can give yourself a road map to follow and a clear sense of what you want to achieve. Here are a few tips for setting SMART goals in 2023: Start with a clear understanding of your business plan. Before you start setting more specific goals, it's important to have a clear understanding of your overall business strategy and objectives. This...

Visit a local library and you might notice a new corner designed to inspire your entrepreneurial spirit. The Beaver Valley LaunchBox partnered with the Beaver County Library System to establish Creative Corners in each area library.  The Beaver Valley LaunchBox is signature program of Invent Penn State. LaunchBox provides resources to foster entrepreneurship and innovation in the region with an objective to spur economic development, job creation and campus-community collaboration. The initiative offers community members and students no-cost programs and support to launch their ideas into fruition. “We want to increase awareness for LaunchBox and get people involved in it,”...

As part of its Invent Penn State initiative, the University today announced four new seed grants, each valued at $50,000, designed to bolster entrepreneurship and economic development in communities surrounding Penn State campuses across the commonwealth. Penn State Beaver is one of the recipients. With today’s announcement, the University’s effort has grown to include 21 hubs for innovation spread across Pennsylvania – an undertaking that was introduced by Penn State President Eric J. Barron just two and a half years ago. “As a major public research university, we are committed to empowering entrepreneurs and providing the tools to take great ideas to...

Penn State Beaver held its fourth annual Lion’s Den competition Nov. 14. Eight ideas for new products were presented to a panel of judges during the "Shark Tank"-style competition. “Lion’s Den provides a platform for our students to learn and practice creative thinking and problem-solving skills outside the class. The ideas pitched this year again showcased the potential of Penn State Beaver students to have successful careers in the area of business and technology,” Ashu Kumar, IST program coordinator and Beaver Valley LaunchBox director, said. The competition was a collaborative effort between the Department of Academic Affairs and the Beaver...