The Summer Founders Program at Penn State awards $10,000 to startups to work on their idea over the summer. The mentorship, funding, and resources are being provided by Happy Valley LaunchBox powered by PNC Bank.
The program is held in State College, PA, over the course of 13 weeks starting on May 15th and ending on August 7th. Students receive mentorship from successful entrepreneurs and business leaders who help grow their network. Students also have 24/7 access to the LaunchBox facility, which includes free Wi-FI, coffee and printing.
The funding is provided by successful entrepreneurs who donate to the Summer Founders Program in order to support and help grow new student ventures. No ownership or equity is taken by any of the donors.
Summer Founders Program: https://invent.psu.edu/program/summer-founders/
Happy Valley LaunchBox: https://launchbox.psu.edu/