The Office of Technology Transfer (OTT) is inviting candidates with an interest in technology commercialization to apply for an opportunity to join a one-year paid fellowship program called The Next-Gen Innovators Program. The OTT is the office that is charged with protecting and licensing innovations developed at Penn State. The Next-Gen Innovators Program will provide a comprehensive hands-on approach to developing the next generation of leaders in technology commercialization. The program will span one year, providing trainees with long-term exposure to technology commercialization processes. Participants will rotate through at least three key placements: The Office of Technology Transfer (OTT) - to gain direct experience in technology assessment processes, patenting procedures, and licensing strategies; A Venture Capital (VC) Firm - to learn about venture investment decision-making, focusing on how venture capitalists assess companies for funding; A Startup Company - to gain operational experience, understanding how technologies are brought to market, and how business development efforts align with commercialization strategies. The Next-Gen Fellows program will be for 20 hours per week for approximately 48 weeks. An additional 2 weeks will be either 20 or 40 hours weekly, as part of a rotation with a university relation department of a venture capital firm in the Philadelphia area. The compensation will be $15/hour throughout the program.
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Industry
Educational Services
Education Level
Bachelor's degree