Impact

Mont Alto LaunchBox accepting proposals for LION Tank Competition

Penn State Mont Alto to award mini-grants and services for top business ideas

Chancellor Francis K. Achampong welcomes community members during a Mont Alto LaunchBox Open House held in November. Credit: Debra Collins / Penn StateCreative Commons

MONT ALTO, Pa. ― The Penn State Mont Alto LaunchBox, a business incubator funded by a seed grant from the Invent Penn State initiative, is now accepting proposals for its inaugural LION Tank Competition to be held from 6 to 7:30 p.m. on March 16  in the General Studies Auditorium. More information and registration is available at montalto.psu.edu/launchbox.

The deadline to apply is Feb. 10. Audience members who register to attend will be eligible to receive giveaways during the event.

A panel of business experts will review the proposals and invite a select group of entrepreneurs to pitch their ideas during LION Tank ― a “shark-tank-like” competition. The top two entrepreneurs will receive awards of $1,000 to $1,500, get one year’s access to the Mont Alto LaunchBox facility in downtown Chambersburg, and receive additional services to help bring their business or product into the marketplace.

Aspiring entrepreneurs can also register to receive free services and attend the Entrepreneur Workshop Series by going online to montalto.psu.edu/launchbox.

The spring 2018 workshops will be held from 6 to 7 p.m. on Thursday evenings in the Mont Alto LaunchBox at 40 North Second Street in Chambersburg.

  • Feb. 22 ― “So, you have an idea for a business. Now what?” Kathyrn Gratton, chair, Hagerstown SCORE Chapter
  • March 22 ― “Putting together a business plan,” Business Consultant Cheryl Young, Shippensburg SBDC
  • April 26 ― “Choosing an appropriate business form,” Attorney at Law Tracy Ross, Keller, Keller, & Beck, LLC and Ryan A. Stouffer, president, Ryan A. Stouffer CPA, P.C.

For more information about the Mont Alto LaunchBox’s services and resources and to access application and registration forms, visit montalto.psu.edu/launchbox. Questions about the LaunchBox may be directed to Francis Achampong, Penn State Mont Alto chancellor, at fka3@psu.edu or 717-749-6061.

Credit: Penn StateCreative Commons

Last Updated February 10, 2018