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.
Changes are afoot in this historic McKean County hamlet thanks to an energetic mayor, streetscape improvements, and a plethora of thriving small businesses. Now a new business incubator is set to provide an additional boost to this spectacular region.
Often the greenest new homes are also the most expensive. GreenBuild, a partnership between Penn State and the State College Community Land Trust, is looking to solve that problem with a net-zero energy duplex that will be affordable both to purchase and to live in.
The organization's goal is to help lead northeastern Pennsylvania to a better economic future by building partnerships that develop and apply technology for competitive advantage. This latest funding round will boost startups in a wide range of sectors.
Counter to many narratives about the death of manufacturing in southwestern PA, in 2016 the sector accounted for the most investment dollars ($6.1 billion), the most deals (50 companies expanding or relocating), and the most new and retained jobs (3,667).