10A — January 29 - February 11, 2016 — Economic Development — M id A tlantic

Real Estate Journal


E conomic D evelopment

ILKES-BARRE, PA — Penn State d e d i c a t e d t h e 5,000 s/f, cutting-edge technology workshop and multi-media center Invent Penn State dedicates Innovation Squared Project in Wilkes-Barre, PA W

Shown from left: Penn State Vice President for Commonwealth Cam- puses Madlyn Hanes; Pennsylvania state Sen. John Yudichak; Penn State President Eric Barron; eBay Enterprises CEO Michael Jones; Greater Wilkes-Barre Chamber of Commerce President and CEO Wico van Genderen; and Penn State Vice President for Research Neil Sharkey cut the ribbon to dedicate the Innovation Squared Project Wilkes-Barre, a component of the Invent Penn State initiative.

next phase of the Innovation Squared Project, an economic development project that will foster job creation, as well as develop and implement a dual entrepreneurial ecosystem and mentorship program for downtown Wilkes-Barre. Penn State President Eric Barron and Penn State Wil- kes-Barre Chancellor Charles Davis , in conjunction with the Greater Wilkes-Barre Chamber of Commerce , hosted a dedication and ribbon

inski, and the Commonwealth Finance Authority,” said Wico van Genderen , president and CEO of the Greater Wilkes- Barre Chamber of Commerce. “We expect the Technology Workshop and Wilkes-Barre Connect Initiative to be fully operational during the first quarter of 2016, in our contin- ued efforts to establishWilkes- Barre as an Innovation Center of Excellence.” Penn State provided a $50,000 grant to support Inno- vation Squared, that is aimed at creating jobs and develop- ing a mentorship program and what Barron called an entrepreneurial “ecosystem” in downtown Wilkes-Barre. The 5,000 s/f, cutting-edge technology workshop and multi-media center will provide local professionals, businesses, and colleges and universities access to shared workshops for research and development; private conference rooms for training, presentations and virtual meetings; and a multi- service center to be utilized for virtual board meetings, podcasts, lectures, technology competitions, and mentorship activities. The Wilkes-Barre Connect Initiative is the pro- gram that will run within the workshop and media center to provide mentoring, training, networking and technical as- sistances, as well as access to capital, facilities, and other resources, to startup and exist- ing businesses. “Today we begin a new chap- ter of inspiring innovation through collaboration in this region,” Barron said. “We’re glad we could provide a loca- tion where academics and en- trepreneurial leaders can meet and develop initiatives and programs, driving innovation in the Greater Wilkes-Barre area.” Michael Jones, CEO of eBay Enterprise, who has been in the Innovation Center for more than 10 years, said a technol- ogy workshop and multi-media center is needed in the down- town Wilkes-Barre building and marks the start to a jour- ney “toward creating a true world-class asset.” n

nology Workshop and Multi- Media Center, represents a true collaborative effort be- tween our ABC’s: the Aca- demia led by Penn State; the Businesses led by eBay; and the Community led by the city of Wilkes-Barre, Sen. John Yu- dichak, Rep. Eddie Day Pash-

cutting on Thursday, Dec. 17, at the site of the Innovation Center Technology Workshop andMulti-Media Center, home

to the Wilkes-Barre Connect Initiative . “The Innovation Squared Project, specifically the Tech-




We’re Greater Reading Economic Partnership. Here to help you better serve your clients by connecting them to our extensive network of resources. Whether it’s managing rapid growth or educating employees, we can help your clients and, at the same time, help you take your customer service to the next level. Contact us today. We’re just a call or click away.

(610) 376.4237 GreaterReading.com info@greaterreading.com

Financing • Training • Business Development • Property Listings • Data & Research

Made with FlippingBook - Online magazine maker