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2017-02-24 / Business Briefs

Governor Wolf talks entrepreneurship, state budget at Happy Valley LaunchBox

State College, PA – Governor Tom Wolf stopped by the Happy Valley LaunchBox in downtown State College Monday morning to speak briefly on cultivating entrepreneurship in Central Pennsylvania.

First opened in February 2016, the Happy Valley LaunchBox is a no-cost business incubator started by Invent Penn State, the university’s business outreach organization.

Wolf spoke about the budget, saying that the government will make sure that this year’s budget passes smoothly and will not raise taxes.

He also referenced the importance of higher education and gave a nod to Penn State as a prime example of what Pennsylvania’s system has to offer.

The governor later took questions from the crowd, which was comprised mostly of State College government officials and business owners, including entrepreneurs operating out of the LaunchBox.

Only one question sparked minor disagreement as Centre County Commissioner Mark Higgins asked Wolf if Pennsylvania is looking into funding new initiatives like the Ben Franklin TechCelerator to assist the entrepreneurs in region.

Wolf distanced himself from state funding for incubators, saying that creating a good foundation that includes improved infrastructure, better broadband and an equitable tax system is a more solid route to ensuring the success of business owners in the area.

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