Governor Wolf Visits Penn State Schuylkill LionLaunch Innovation Hub, Touts Entrepreneurship Opportunities in Pennsylvania

first_img Economy,  Innovation,  Press Release Schuylkill Haven, PA – Governor Tom Wolf today visited Penn State Schuylkill’s LionLaunch Innovation Hub, a co-working space for innovators, to highlight entrepreneurship opportunities in Pennsylvania.“Places like this are important for helping to drive innovation and entrepreneurship, not just in Schuylkill County, but statewide,” said Governor Tom Wolf. “I am committed to continuing to provide vital support to our talented entrepreneurs by implementing initiatives to improve our university partnerships and workforce training opportunities.”The governor was led on a tour of the facility by university officials and was joined by state and local leaders. While at the innovation hub, the governor met with students, entrepreneurs, and business mentors who have benefited from the co-working space.“We were honored that Governor Wolf visited our campus’ innovation hub to learn about the benefits and support that our LionLaunch program offers to the budding entrepreneurs of Schuylkill County,” said Darcy Medica, interim chancellor for Penn State Schuylkill. “Our space is one of nearly 20 such Penn State facilities located across the Commonwealth of Pennsylvania. The common goal of this initiative, Invent Penn State, is to spur economic development, create jobs, and impact student career success.”Launched in 2015 to help innovators succeed at each stage of the entrepreneurial path, Invent Penn State is a commonwealth-wide initiative to spur economic development, job creation, and student career success, with a focus on bringing intellectual properties to the marketplace. Governor Wolf Visits Penn State Schuylkill LionLaunch Innovation Hub, Touts Entrepreneurship Opportunities in Pennsylvania SHARE Email Facebook Twittercenter_img January 12, 2018last_img read more

Arc takes a firm stance on prize-money position

first_img On-course bookmakers return to UK courses in two-week trial August 17, 2020 UK Racing pushes for drastic levy reforms as deep recession looms August 25, 2020 Related Articles Submit Share Share StumbleUpon HBLB gives £3.2m boost to UK racing August 13, 2020 Arena Racecourse Company (ARC) has responded to threats of further boycotts from trainers over the cuts to prize-money contributions, by pointing out that the racing group will not be changing its position. The group’s CEO, Martin Cruddace, was on hand at Lingfield this Saturday to observe the Betway Winter Derby card. The meeting had been reduced from seven to five races following a row between ARC and trainers after the racecourse group announced it would be slashing the prize-money for the novice races. The races had previously been worth £5,800 in 2018, but this year, the races are now worth £4500.The announced cuts follow Arc’s announcement in December 2018 that it ‘simply cannot continue’ its current contributions to prize-money. Cruddace revealed that Arc’s cuts to prize-money would have a knock-on effect for the company by denying the group over £4.5m of levy funding.The racecourse group is currently preparing for its anticipated drop in income as a result of projected shop closures due to FOBT legislation. The new legislation, due to come into play in April, is set to have an impact upon media rights payment. Following the protests from trainors due to attend the Lingfield meeting, Cruddace was adamant that Arc’s position would not change. He said: “We are braced for further action because we’ve heard rumours and we’ve got intelligence, but we’ll deal with it as and when. It will not achieve its purpose – of that I can 100 per cent assure you.”Negotiations are still ongoing between the British Horseracing Authority (BHA), the National Trainers Federation, the Racehorse Owners Association (ROA) and Racecourse Association to find a solution to the prize-money situation.Cruddace has expressed hope that a solution, which would release the £4.5m to Arc for its lower class races, would be found. However, Cruddace has confirmed that the racecourse group would not be contributing £2.7m of its own funds which is required to release the allocated funds.last_img read more