UNIVERSITY PARK, Pa. — When Kenneth Keitt had a vision for a new digital platform to connect wheelchair users with wellness programs and to one another, the Lehigh Valley LaunchBox had the resources and know-how to help him get his venture off the ground.
Keitt, a former Marine and founder and CEO of ParaPer4mance, was inspired to start his business and help others with limited mobility find the resources they need after a 2012 car accident left him paralyzed from the waist down.
“The resources through the Lehigh Valley LaunchBox were a big factor in my success and allowed me to properly build a business,” said Keitt, a 2019 Penn State alumnus who started ParaPer4mance while he was a student at Penn State Lehigh Valley. “I had the drive in me — it was Penn State that fueled it. Invent Penn State gave me the structure I needed to make it official.”
Keitt joined Penn State President Eric Barron and a panel of local and industry leaders and fellow entrepreneurs in Harrisburg on Nov. 9 for a hearing of the Pennsylvania Senate Community, Economic and Recreational Development Committee. Titled “Improving Pennsylvania's Innovation Economy: Invent Penn State,” the hearing focused on Penn State’s efforts to drive economic development, job creation, entrepreneurship and innovation, and student career success through the Invent Penn State initiative.
“We have taken a comprehensive approach to economic development that goes from end to end,” said Barron. “We begin with entrepreneurial educational opportunities and then create the path to get the ideas to the marketplace. This involves attracting funding, providing mentoring and legal support, and fostering the partnerships to make investment possible. Seeing our graduates begin and grow Pennsylvania-based businesses has been very gratifying.”
Invent Penn State is a commonwealth-wide initiative with a network of 21 LaunchBoxes and innovation hubs embedded in Penn State Commonwealth Campus communities, with each hub tailored to meet the challenges and needs of the region it serves. The innovation hubs are designed to be accessible — 96% of Pennsylvanians live within 30 miles of a hub — and they are open to anyone, not just members of the Penn State community.
Since launching in 2015, Invent Penn State has assisted nearly 5,000 Pennsylvania entrepreneurs; engaged with more than 13,000 Penn State students, faculty and staff; helped to launch 218 new Pennsylvania companies; and created more than 300 new jobs and almost 500 internships.
“I believe we now have the most accessible entrepreneurship programs in the world associated with any university,” said Barron, adding that state support is needed to continue to grow the University’s efforts and expand the number of people and businesses Invent Penn State is able to serve.
In its state appropriation request for the 2022-23 fiscal year, Penn State has asked for $2.35 million in new funding from the commonwealth to strengthen and grow the LaunchBox and Innovation Hub Network and expand established entrepreneurship training programs and startup pitch competitions.
“Penn State’s investments in the LaunchBox and Innovation Hub Network are supporting the revitalization of commonwealth communities by providing more resources to further the state priorities of economic development and workforce development, directly impacting community change-makers, creating jobs, and introducing constituents to the principles of entrepreneurship,” said James Delattre, Penn State associate vice president for research and director of the Office of Entrepreneurship and Commercialization.