Penn State News

November 26 2025

LionCage pitch competitions offered mentoring, prizes for local entrepreneurs

Penn State Great Valley hosted its annual LionCage competition on Nov. 14, with entrepreneurs from the Greater Philadelphia region pitching their start-up companies and competing for prize money. This event was the culmination of a series of six smaller competitions held throughout the past year, with panel discussions and mentoring sessions to help local founders refine their business plans and pitches.
November 19 2025

General Assembly approves Penn State’s 2025-26 state funding

After a delay of more than four months, the Pennsylvania General Assembly has passed a 2025-26 state budget that includes level funding for Penn State’s general support appropriation. Including this year, Penn State’s general support funding has been held flat at $242.1 million for each of the last six fiscal years and has not increased since a 2% rise in 2019-20.
November 19 2025

Berks LaunchBox announces seven new 'IMAGINE Your Business' grant recipients

The Berks LaunchBox powered by Penn State has announced seven recipients of its IMAGINE Your Business grant, designed to help early-stage entrepreneurs accelerate their business growth. The program awards up to $2,000 to assist startups with prototyping, marketing, product development and other essential business expenses.