Is private equity eyeing Penn State football? Exploring a $3+ billion opportunity

By Greg Woodman Earlier this year, an ESPN article asked a provocative question: “As college sports face more change, is private equity money coming in?” The sweeping disruptions occurring in college athletics—shifts in player compensation, NIL deals, and skyrocketing media rights—have opened the door for new ideas and, potentially, new investors. Private equity firms, constantly […]
Penn State’s big investment in new sports facilities is an investment in the Happy Valley economy

By Holly Riddle According to the Happy Valley Sports and Entertainment Alliance, “In the aggregate, sports events and associated activity generate an annual economic impact of $417 million within Centre County, supporting 4,315 jobs with $133 million in employee compensation. Impacts of this economic activity within Pennsylvania are $467 million.” The Alliance also noted that, […]
Get up close and personal with the Materials Research Institute’s latest endeavors

Penn State’s 2024 Materials Day is coming up! Materials Day is an event that connects Penn State talent with companies and shares Penn State’s latest research and discovery with industry, government and service partners. The event is designed to share Penn State’s vast materials research knowledge and infrastructure with industrial and government research and […]
The Penn State minor that’s revolutionizing the college experience

By Jodie Dello Stritto The world of work is changing fast. An innovative Penn State minor — the Product Innovation Cluster of the Entrepreneurship and Innovation Minor — from the College of Engineering gives students opportunities to solve real-world problems, preparing them to navigate an increasingly entrepreneurial world. “Engineering entrepreneurship’s impact is two-fold,” according to Ted […]
A free Penn State resource solving Fortune 500 business problems

By Holly Riddle NLCG showcase |Photo provided In recent years, startups, Fortune 500 companies and nonprofits have come to Penn State’s University Park campus, seeking help to solve industry issues, not from researchers or professors, like you might expect. Instead, these critical insights come from a group of highly motivated students who make up the […]
Happy Valley Olympians

By Maegen Manning Credit: Mark Selders | Penn State. Creative Commons Many of the athletes competing at the 2024 Summer Olympic Games in Paris are proud Nittany Lions. According to The Daily Collegian, there will be 28 Penn State former and current student-athletes competing at the Olympics across 12 different disciplines. Of those Olympians,18 are […]
Trustees approve Beaver Stadium renovation plans

Source: Penn State UNIVERSITY PARK, Pa. — The Penn State Board of Trustees today (May 21) approved (by a 26-2 vote, with three abstaining) in investing in the renovation of Beaver Stadium, which will grow revenue-generating opportunities, transform the fan and community experience, and fuel the future funding for all 31 athletics programs at Penn […]
The U.S. only produces 12% of semiconductors produced globally. A Penn State-led consortium is poised to change that.

By Cara Aungst The CHIPS and Science Act provides $52.7 billion for American semiconductor research, development, manufacturing, and workforce development. Semiconductor use is skyrocketing, used in everything from military equipment to mobile phones to climate-friendly lighting and is the lifeblood to the new boom in artificial intelligence. They are projected to become a trillion-dollar industry […]
Highlighting Happy Valley: Download these free slides to help recruit talent or new business

In recent months, we’ve had several requests from local companies for content that highlights Happy Valley and supports talent or new business acquisition. We’ve linked some content here and made it available for download and encourage you to customize it for your own efforts. HappyValley Industry believes a rising tide lifts all boats. Our goal […]