Five years ago, Penn State opened Happy Valley LaunchBox in a leased building on South Allen Street in State College as part of a burgeoning economic development effort to drive business creation and innovation among university students and community members.
This week, the university cut the ribbon for the Innovation Hub, a $56.8 million new six-story building on South Burrowes Street that is a capstone of President Eric Barron’s Invent Penn State initiative. Located at the former site of the James Building, it provides a new home for the LaunchBox with a community makerspace and state-of-the-art entrepreneurial and innovation resources.
Image: Penn State's new Innovation Hub is located on South Burrowes Street in State College. Photo by Geoff Rushton | StateCollege.com By Geoff Rushton - November 21, 2021