Innovation Hub Network Is State Phospholutions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

96% of Pennsylvanians live or work within 30 miles of a LaunchBox or Innovation Hub
Image: Penn State
May 27, 2021
UNIVERSITY PARK, Pa. Just five years after opening the first LaunchBox, Invent Penn State’s LaunchBox and Innovation Hub Network has grown to 21 locations across Pennsylvania. The network has supported 3,325 community entrepreneurs and helped to launch 164 new Pennsylvania companies, develop 247 new products, and create 194.5 jobs. 
The LaunchBox and Innovation Hub Network began modestly in 2015 when five Penn State campuses received $50,000 each from Invent Penn State’s competitive seed grant program. Each campus was awarded a grant to create community innovation hubs, with the ability to receive repeat funding for three years. The demand for innovation across the commonwealth surged, and over the next three years expanded to 21 campuses. Today, 96% of Pennsylvanians have a LaunchBox or innovation hub within 30 miles of where they live ....

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