Penn Point out Berks Announces 2021 STEM Organization Idea Contest

The Penn Point out Berks Flemming Creativitiy, Entrepreneurship and Economic Development (CEED) Center invites all Penn State college students, faculty associates, current alumni, and neighborhood teams to submit their impressive concepts in science, technological innovation, engineering, or arithmetic (STEM) fields to the STEM Business enterprise Idea Contest. The contest is an outstanding starting off level for all those taking into consideration developing an plan into a successful business. Candidates only need to have an notion to implement, and applications are due by September 22, 2021.

Every single finalist crew will obtain a quick schooling session on consumer discovery and will be eligible for a $500 seed grant to even more acquire their notion. The seed grant will be released on a reimbursement foundation. In addition, groups will faucet into the assets of the Flemming CEED Heart, with the prospective to join with strategic partners, small business mentors, and other college students who could aid to flip your idea into a profitable enterprise.

The chosen teams will be invited to show up at the Flemming CEED Centre Purchaser Discovery Lab in spring 2022. Following finishing the Client Discovery Lab, the teams will become eligible to obtain a micro-grant of up to $3,000, which can be utilized for additional buyer discovery expenses. In addition, teams will be matched with dedicated tutorial and company mentors who present small business expertise, suggestions on pitch progress and funding strategies, and assistance with developing a network of contacts.

The STEM Business enterprise Notion Articles offers a gateway for other STEM-linked innovation packages at Penn Condition Berks and Penn Point out University, these kinds of as VentureWell E-Staff Grant Software and Invent Penn State I-Corps. Participating teams will receive assistance and coaching to utilize for these two applications. People with additional general organization ideas are inspired to use for the Flemming CEED Center’s Pupil Business Award.

For further facts, make contact with Dr. Abdullah Konak, distinguished professor of facts sciences and technological know-how at Penn Point out Berks, at [email protected].