Purdue Not Resting on Record Year

Posted: Updated:
(Image courtesy of Purdue University) (Image courtesy of Purdue University)

Purdue University says fiscal 2015 was a record-breaker in terms of annual giving, research awards and commercialization successes. The university says it received $332 million in donations and reached $403 million in funding for research, while 27 startups were launched from Purdue-licensed intellectual property and 20 percent more patents were issued for Purdue discoveries.

Purdue Research Foundation President Dan Hasler says the bar can be raised even higher. "I'm convinced there's another gear, not just at Purdue, but also in Indiana and we've got to find it, I know it's there." He says there's no reason Purdue can't be at the top of the list of university-supported startup creation, surpassing the likes of Stanford University, the University of California, the University of Texas and others. Hasler believes Purdue innovators could also continue to rise in the number of patents received. "We are very efficient at converting research dollars to intellectual property," he tells Inside INdiana Business, "probably as efficient as it gets in the United States."

Purdue says 2015-2016 marked the first time in history donors have contributed more than $300 million in back-to-back years. Fundraisers have breached the midway point of the $2.019 billion goal of the massive Ever True campaign.

At the West Lafayette campus, Purdue is anticipating its largest incoming class since 2008. Officials also announced plans in April to keep tuition at 2012-2013 levels again, this time through the 2017-2018 school year.

  • Perspectives

    • Ahh…Yes! Turning a Hot Mess into a Cool Breeze

      "Problems cannot be solved by the level of thinking that created them," is attributed to Einstein over 75 years ago. This still holds true, particularly in challenging communications. Many people address conflict at the level it was created by rehashing and building more evidence for their ‘side’ of an argument. Repeating a position tends to intensify the separation of people.



  • Most Popular Stories

    • The IU School of Informatics, Computing and Engineering will now be named for Fred Luddy for his $60M gift. (photo courtesy James Brosher/IU)

      $60M Gift to IU, Second Largest in School History

      An Indiana University alumnus who founded the information technology firm, ServiceNow, has given his alma mater $60 million to establish an artificial intelligence center. The university says the gift from cloud-computing pioneer Fred Luddy is the second largest in the history of the IU.

    • POET ethanol co. announced in Aug 2019 it was closing the plant in Cloverdale. (photo courtesy: POET)

      Cloverdale Ethanol Plant Closes

      South Dakota-based POET LLC, the nation’s largest biofuels producer, is moving forward with a plan to shut down its biorefining plant in Cloverdale, leaving 50 Hoosiers without jobs effective Friday. The company tells Inside INdiana Business that it is not making any changes to the plans announced two months ago. 

    • The multi-year road project stretched from Bloomington to Indianapolis.

      I-69 Road Project Update

      The Indiana Department of Transportation has scheduled three public meetings for next week to update the community on the I-69 Section 6 road project.    Section 6 is an approximately $1.5 billion new interstate project stretching from Martinsville to I-465 in Indianapolis.

    • Purdue Global Now Offers Analytics Degree

      The U.S. Bureau of Labor Statistics reports that jobs in the field of data analysis are projected to grow 26 percent over the next ten years. Acting upon that data, Indianapolis-based Purdue University Global has launched a new Bachelor of Science degree program in analytics. 

    • (Image of downtown Shelbyville courtesy of Mainstreet Shelbyville Inc.)

      Shelbyville Unveils Major Downtown Redevelopment

      The city of Shelbyville is announcing what it calls a major downtown redevelopment project to boost overall quality of life. The project plans feature green spaces, increased parking, market-rate housing, and infrastructure for public entertainment and community events.