Penn State SBDC partnership to support area entrepreneurs

UNIVERSITY PARK, Pa. -- A new initiative in the State College, Pa., area will offer entrepreneurs a one-stop-shop for all of their business-startup needs with help from the Penn State Small Business Development Center (SBDC).

The TechCelerator @ State College is a partnership designed to offer the region’s entrepreneurs, students, faculty members and small-business owners designated space, loan and investment programs, business support and mentoring services, and entrepreneurial training, all housed in one location.

The office will offer a full menu of services designed to support new business activity including:

-- Designated, shared workspace
-- On-site, one-on-one business mentors
-- Professional marketing research
-- Startup boot camp sessions for faculty and students
-- Entrepreneurial training classes.

The TechCelerator, which opened for business on March 5, is located at 200 Innovation Boulevard in State College. It will be open from 8 a.m. to 5 p.m. Monday through Friday.

The TechCelerator partners include the Penn State Small Business Development Center (SBDC), Penn State Office of Technology Management, Ben Franklin Technology PArtners of Central and Northern PA, Ben Franklin’s Transformation Business Services Network and Venture Investment Forum, Chamber of Business and Industry of Centre County/Centre County Industrial Development Corporation and Innovation Park at Penn State.

For more information, call 814-863-1299 or visit www.techceleratorstatecollege.org online.

Penn State Small Business Development Center (SBDC) is part of a nationwide network of more than 1,000 centers. The Penn State SBDC provides free business assistance to small firms and business startups in Centre and Mifflin counties, enabling them to compete and grow in today’s highly competitive global economy. Penn State SBDC is part of Penn State Outreach, the largest unified outreach organization in American higher education. Penn State Outreach serves more than 5 million people each year, delivering more than 2,000 programs to people in all 67 Pennsylvania counties, all 50 states and 115 countries worldwide.

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Last Updated March 30, 2012