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Office of Entrepreneurship and Commercialization

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About the program · 1 linked sources

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.

Also known as: OEC

How we know this: the figures on this page come from the linked sources (last verified 2026-06-24); what those sources do not state is left unknown.

Key numbers

Funding range

Not listed

Equity

None

Application

Ongoing

System Wide

Last activity

2026-06-24

High confidence

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Office of Entrepreneurship and Commercialization

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Office of Entrepreneurship and Commercialization

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    Rating

    0/280

    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.

    Research gaps & things to verify

    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]