Purdue Programs Focus on Commercialization, Innovation

Posted: Updated:
The 105,000 square-foot Kurz Purdue Technology Center in West Lafayette is Purdue Research Park's flagship incubator and the location of Purdue Research Foundation's headquarters. The 105,000 square-foot Kurz Purdue Technology Center in West Lafayette is Purdue Research Park's flagship incubator and the location of Purdue Research Foundation's headquarters.

Two programs have been launched by Purdue University to boost entrepreneurship and technology transfer throughout the state. Purdue Innovation-X License and FoundryX involve incentives, commercialization expertise and favorable terms for licensing Purdue innovations.

Both initiatives will be run by the Purdue Research Foundation's Office of Technology Commercialization and the Purdue Foundry.

Startups and existing businesses involved in Purdue Innovation-X License will be offered terms for a limited time to license Purdue University-patented discoveries in sectors including agriculture, engineering, biomedical, energy, computer technology, pharmaceuticals, manufacturing and information technology.

FoundryX focuses on tapping into the state's pipeline of industry leaders and business experts with startups in the early stages of development. It includes networking events, mentoring opportunities and collaborations geared toward bringing Purdue-supported technologies to market.

Purdue is coming off two consecutive years of record-breaking commercialization activity.

You can connect to more details and requirements about the program by clicking here.

  • Perspectives

    • The First Thing Nonprofit Boards Should Focus On: Member Engagement

      There is no shortage of literature on how to run a nonprofit and what the board of directors should be doing. Do a quick search for “grant writing advice” or “board meeting agenda” and you will easily find hundreds of resources. But if there is so much helpful information around, why is serving on a nonprofit board sometimes so draining? After founding two nonprofits, Musical Family Tree and the Speak Easy, as well as serving on several nonprofit boards...



  • Most Popular Stories

    • (photo courtesy The Times of Northwest Indiana)

      Hammond Pulls 135 Jobs from Illinois

      A Hammond factory recently vacated by Michigan-based Lear Corp. didn’t sit empty for very long. Midland Metal Products has taken over the former seat factory, having relocated from Chicago after 95 years. 

    • (photo courtesy of TriCore Logic)

      Fort Wayne IT Firm Expanding

      TriCore Logic has announced plans to expand its office space and staff at its downtown Fort Wayne headquarters. The company plans to invest over $200,000 in the expansions. The 2010-founded company moved to the Anthony Wayne building in 2013, and now plan to grow their staff of five employees by up to eight over the next four years. 

    • (courtesy Wes Mills)

      Purdue: Farmland Values Decline Fifth Straight Year

      The value of top-quality farmland in Indiana has declined continuing a five-year trend, according to the latest data from Purdue University.  The statewide average of the best cropland is $8,212 per acre, down more than five percent, or $456 per acre, from the same period last year. Purdue’s survey shows average and poor-quality farmland values also dropped, but not as much. Average quality farmland declined by 0.9 percent. Purdue says the poor...

    • ‘Transformation’ Continues in Westfield

      Indiana’s fastest growing city is showing no signs of slowing down.  Mayor Andy Cook says now that Westfield has established itself as a destination for family sports with the Grand Park Sports Campus, the $35 million Grand Junction Plaza will transform the city’s downtown into a destination, a place “where people want to be.”   Cook says the project, more than a decade in the making, is an example of a place making strategy necessary for Midwest...
    • Elanco is headquartered in Greenfield.

      Elanco to Acquire Bayer AG Animal Health Business

      Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) has entered into an agreement with Bayer AG (ETR: BAYN) to acquire its animal health business in a deal valued at $7.6 billion. If approved, it would double Elanco’s Companion Animal business and create the second-largest animal health company by revenue. “Joining Elanco and Bayer Animal Health strengthens and accelerates our IPP strategy, transforms our portfolio with the addition of well-known pet brands, brings...