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.
2021 Inc.U Competition Key Dates
- February 8, 2021 – Student video submissions due, apply here
- February 12, 2021 – Six finalists selected
- April 10, 2021 – WPSU “The Investment” taping
How to Apply
- Review the rules to ensure your company is eligible to compete
- Create a 2.5-minute video promoting your company
- Apply here and upload your video for consideration
2021 Inc.U Competition Rules
2020 Inc.U Competition – Winning Teams
Congratulations to the winners of the 2020 Inc.U Competition:
- Keyper, from Penn State University Park, received $25,000 in funding for their product. The Keyper is a phone wallet that combines and secures a college student’s essentials: phone, ID card, and room key.
- UnisBrands, from Penn State University Park, received $5,000 in funding for their product. UnisBrands creates fully sustainable 3D-printed footwear.
Since the Inc.U Competition officially launched in 2015, it has produced 10 winning teams and provided $120,000 in prize money. Those 10 startups have since grown, shifted, and encountered new challenges and successes.
Check out our Q&A’s with past winners to find out where they are now:
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.
Funding for the competition prize money is made possible by: