Letter to the editor | Entrepreneurship alive and well

March 14, 2014 

In a recent column, State College Mayor Elizabeth Goreham presented an excellent assessment of the tremendous potential of entrepreneurship in strengthening the county’s economy, as well as what is needed for that potential to be fully realized.

In fact, creating a supportive climate for entrepreneurship to drive existing and new business growth is a key component of the CBICC’s 3B33 ($3 billion annually by 2033) private-sector growth target, which was developed by the chamber’s Entrepreneurship Committee.

With Penn State and university research and development providing a template for growth, Centre County is fortunate to already provide a good foundation for technology startup entrepreneurs.

The CBICC has two business incubation facilities and works closely with the Ben Franklin Technology Partners and other business development organizations in support of the TechCelerator@State College.

But new business startups are only part of the equation.

And where greater dialogue and that “frontier attitude” Goreham spoke of is needed is with regard to assisting growth entrepreneurship — the larger, cutting-edge companies that have significant job-creation potential if successful.

The good news is that the necessary conversations are taking place, relationships are being built, and more people are listening and responding.

The CBICC and its broad-based membership are excited to be a part of the effort to support Centre County entrepreneurship at all levels.

Vern Squier, State College

The writer is president and CEO of the Chamber of Business & Industry of Centre County.

Centre Daily Times is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service