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IncubatorDirect fundingNo equityVerified

LaunchBox & Innovation Network

Also known as: Penn State LaunchBox

Pennsylvania State University · University Park, PA

Network of 24 innovation spaces embedded at Penn State campuses across Pennsylvania, coordinated under Invent Penn State. Each launchbox offers no-cost coworking, business coaching, workshops, accelerator programs, pitch events, and access to legal/IP services. Flagship location: Happy Valley LaunchBox powered by PNC Bank at University Park. Sites include Abington, Altoona, Brandywine, Erie, Harrisburg, Lehigh Valley, York, and more.

Quick fit check

  • Offers direct funding
  • No equity required
  • Currently active
  • Verified by research

Key numbers

Funding range

$500 – $15,000

Grant

Equity

None

Application

Rolling

System Wide

Last activity

2026-06-24

High confidence

Application and Timing

Rolling by site. Typical 6-8 week accelerator cohorts with published deadlines (e.g., Fall FastTrack at Happy Valley). Open hours and program intakes listed per hub.

Participants

Community and student entrepreneurs across all Penn State campuses and surrounding communities.

Funding and Equity

Individual LaunchBox sites host pitch competitions and short accelerators with small non-dilutive grants or prizes. Happy Valley FastTrack Accelerator offers no-cost programming with 70+ advisers. No equity taken.

Recent Activity

  • Feb 2026: Network directory updated with 24 innovation spaces.
  • FY 2023-24: Supported 1,356 entrepreneurs, engaged 3,274 students.
  • 2026: Brandywine LaunchBox launching youth summer camps.
  • 2026: York LaunchBox hosting AI workshop for manufacturing leaders.
  • Nov 2024: Network video updated confirming active programming.

Known Startups or Winners

Individual hub pages highlight local ventures; not centrally compiled. Startup Navigator tool provides searchable showcase of legacy companies and ecosystem startups.

Verification Gaps

  • Complete list of startups graduated from each LaunchBox.
  • Per-site funding and participation metrics.
Additional research notesShow

Evidence

  • LaunchBox & Innovation Network directory page with 24 hubs listed.[1]

News & articles

News articles and official sources documenting LaunchBox & Innovation Network at Pennsylvania State University.

1 source