The second of three planned Big Idea Contests in this vast, beautiful region is accepting applications, and there's a whole network of people working hard to make sure local innovators earn a shot at the $50,000 prize.
Two innovative companies emerged victorious from the pitch competition, earning an infusion of cash to build their businesses. The winners represent very different sectors, demonstrating the dynamicism of the region's entrepreneurial ecosystem.
Nearly one million tons of avocado pits ends up in landfills every year. Persea, a State College startup, is killing two birds with one stone, diverting the pits and converting them into a healthy alternative to artificial colors.
Lancaster's Reflexion offers a portable, rapid concussion test for amateur and school sports. The three founders are tackling a problem that impacts 50 million athletes across the country, and hoping to save lives in the process.
Device Events strives to make information about medical devices available to providers and patients. Their idea bested the field at this pitch competition that seeds startups working outside traditional tech hubs.
This iconic Pennsylvania institution has been taking startups from great idea to thriving company since 1983, contributing billions to the state's economy. Check out four businesses — one for each of BFTP's regional headquarters — taking advantage of its incubation and acceleration resources to thrive, whether developing next-generation pregnancy tests, fighting bedbugs or saving lives with stroke prevention.
Calling all budding entrepreneurs, researchers, software developers and existing small businesses in northern and central PA for this annual contest. Winners will earn cash prizes AND business development opportunities.
While each of the companies serves different markets and are in various stages of development, they all took an important step towards turning a good idea into a business reality by applying for Ben Franklin funding.
Started while the founder was still a Penn State student, Phospholutions has developed a product that boosts the survival rate of transplanted seedlings, makes them more drought-resistant and reduces the environmental consequences of wasted fertilizer. They're coming to a golf course or playing field near you.