Investing in New Student Companies at Universities
PennTAP is looking for Penn State undergraduate entrepreneurs from any Penn State campus to compete and eventually earn a spot on “The Investment” TV show for a share of at least $30,000 in funding. Stay tuned for information regarding the 2021 submission deadline.
2020 Inc.U Competition – Top 6 Teams
- Aerial Prospex, from Penn State Abington, is a commercial drone service company authorized by the FAA and insured by Skywatch.AI up to $1,000,000 that specializes in progress reports, inspections, and photogrammetry.
- D’Vote, from Penn State Altoona, is a community focused app where people can donate money through rounding up their purchases.
- Jerpa Jeans, from Penn State University Park, makes sherpa-lined jeans for all your outdoor needs when you want to look fancy but feel comfortable.
- Keyper, from Penn State University Park, is a phone wallet that combines and secures a college student’s essentials: phone, ID card, and room key.
- LoanCrunch, from Penn State University Park, is a mobile app that helps students manage their student loans by providing them one platform to easily understand, manage, and repay their student debt.
- UnisBrands, from Penn State University Park, creates fully sustainable 3D printed footwear.
Key Competition Dates:
Due to COVID-19, WPSU and PennTAP worked together to pivot from a live taping event to a virtual taping of “The Investment,” which took place on June 6. “The Investment” will air on WPSU and be released as a web episode on August 5, 2020 @ 10 PM.
How to Apply
Stay tuned for 2021 submission information. Please contact us if you have any questions about the application process for next year’s competition.
Inc.U began in 2015 as a pilot program funded by a grant from the Pennsylvania Department of Community and Economic Development. It was originally a collaborative effort between the University of Pittsburgh at Johnstown, Bucknell University, and Penn State to foster undergraduate entrepreneurship. Each of the three university partners worked in their local areas to support and grow programs for this initiative.
Starting in 2016, the Penn State Inc.U competition, managed by PennTAP, has evolved to become a Penn State program partially funded by a five-year grant from the U.S. Economic Development Administration (USEDA) in partnership with Invent Penn State and their entrepreneurial assistance centers. Part of the USEDA grant funds the development of “The Investment,” a student competition where Penn State student start-ups go head-to-head to win significant investment dollars for their companies.