Successful entrepreneur to address TechCelerator’s Boot Camp

STATE COLLEGE — Located in the Technology Center at 200 Innovation Boulevard in State College, the TechCelerator @ State College (www.techceleratorstatecollege.org ) is offering a series of business startup classes designed to help the region’s entrepreneurs, students and faculty members get the training they need to further develop their business concepts.

On March 27, during the second week of the program’s 4-Week Kick-off Boot Camp, the class will be addressed by successful entrepreneur, Thomas Lancaster, former vice president of Research & Development for SmartCells, Inc.  During his tenure with the company, he gained invaluable experience in all aspects of venture formation including financing, initial startup operations, technical operations, and the management of outside contractors.

From 2004 to 2011, Lancaster designed and implemented key innovations for the company’s insulin and lectin protein technologies and managed the company’s team of scientists, engineers, and laboratory staff from R&D proof of concept experiments through an early stage human clinical trial. In addition, he was a critical member of the management team that eventually sold the company to a large pharmaceutical company in a deal valued at more than $500 million.

Lancaster received his Ph.D. in chemical engineering from the Massachusetts Institute of Technology and a B.S. in chemical engineering from Penn State.

In addition to his literature and conference publications, his name is listed as the first inventor or co-inventor on 16 pending or granted patents.

In 2011, Lancaster founded TML Consulting, LLC. For more information on the company, click on http://www.tlancaster.com