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Office of Entrepreneurship and Commercialization
Also known as: OEC
Pennsylvania State University · University Park, PA
The Office of Entrepreneurship and Commercialization is a strategic unit of the Office of the Senior Vice President for Research. Leads Penn State's entrepreneurship and economic development programs, manages the university's startup portfolio, administers the Invent Penn State initiative, and manages the LaunchBox & Innovation Network. Supports faculty innovators through the startup pipeline with commercialization strategy, training, funding access, and management matchmaking.
Quick fit check
- Indirect support only
- No equity required
- Currently active
- Verified by research
Key numbers
Funding range
—
Equity
None
Application
Ongoing
System Wide
Last activity
2026-06-24
High confidence
Application and Timing
Ongoing. Supports disclosures and startups on a rolling basis.
Participants
Faculty, researchers, graduate students, and affiliated startups.
Funding and Equity
No direct funding from OEC itself; connects innovators to Momentum Fund ($50K-$100K), I-Corps, and external funding sources. Manages the Startup Navigator tool showcasing Penn State legacy companies and ecosystem startups.
Recent Activity
- 2026: Momentum Fund launched under OEC management.
- 2026: Continued administration of Invent Penn State programs.
- Jun 2026: Professor Sharbaugh retiring after 11 years running Dickinson Law Entrepreneur Assistance Clinic.
Known Startups or Winners
Startup portfolio maintained internally; public Startup Navigator tool on invent.psu.edu. Notable legacy spinouts not enumerated on OEC landing page.
Verification Gaps
- Complete startup portfolio list and funding metrics.
- Patent and licensing data.
- Number of spinouts launched annually.
Additional research notesShow
Evidence
- OEC official site documenting role and programs.[1]
News & articles
News articles and official sources documenting Office of Entrepreneurship and Commercialization at Pennsylvania State University.
1 source
