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Local Entrepreneurial Opportunities Available for EdTech Innovations

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Local Entrepreneurial Opportunities Available for EdTech Innovations

February 24, 2017

The Penn State EdTech Network recently hosted its first ever edtech BIG IDEA Contest with Ben Franklin Technology PArtners of Central & Northern PA and co-sponsored by Penn State’s Small Business Development Center. The purpose of the competition was to surface educational technology innovations taking shape in the local community and help turn those great ideas into reality for Pennsylvania entrepreneurs. Seven finalists will be making six minute presentations detailing how their technology will be used to benefit education during a private event on March 1st. The winners will be announced that evening and receive $35,000, $7,500, and $2,500 respectively.

The Penn State EdTech Network is committed to unearthing and highlighting edtech-focused entrepreneurial opportunities available for the local community. One such opportunity provided by Ben Franklin’s TechCelerator @ State College is their 10-week Boot Camp for area entrepreneurs, researchers, and graduate students. The programming is open to anyone with a new, tech-based business idea. The weekly sessions start on Tuesday, March 21, 2017 and run until May 23, 2017 from 3:00 P.M. to 5:00 P.M.

Business mentoring from Ben Franklin’s Transformation Business Services Network and Penn State’s Small Business Development Center staff will be available at no cost and participants will be able to pitch their business idea to a panel of entrepreneurs at the completion of the course. The top team will receive $10,000 in seed funding to help get the business off the ground. 

The 10-week Boot Camp is free of charge, but space is limited. Contact Don McCandless at 814-865-2040 or DLM74@psu.edu. The deadline for applications is March 3, 2017.

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