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.