Purdue Touts Startup Totals

Posted: Updated:
Purdue says, of the 165 Purdue-affiliated startups, 152 are in active operation, with 137 based in Indiana. Purdue says, of the 165 Purdue-affiliated startups, 152 are in active operation, with 137 based in Indiana.
WEST LAFAYETTE -

Purdue University says it has reached 100 startups with intellectual property through the Purdue Research Foundation, as well as another 65 based on company-owned intellectual property. The school says the startups have attracted more than $230 million in funding and support over 200 jobs.

Purdue says, of the 165 Purdue-affiliated startups, 152 are in active operation, with 137 based in Indiana. The university says the companies span industries including engineering, agriculture, information technology, veterinary science, technology, biomedicine and pharmaceuticals.

The school launched several initiatives in 2013 in hopes of helping entrepreneurs who create startups. Among them is the Purdue Foundry, an entrepreneurship and commercialization accelerator in the Burton D. Morgan Center for Entrepreneurship in Purdue's Discovery Park. Other resources include the Purdue Startup Fund, the Trask Innovation Fund, the Anvil and the Ag-celerator.

In a report released in July by the National Academy of Inventors and the Intellectual Property Owners Association, Purdue ranked 12th in the world among universities granted U.S. utility patents. Purdue's Office of Technology Commercialization boasted 123 U.S. patents and 222 licensing deals of Purdue intellectual property.

Purdue Senior Vice President and Director of Innovation and Entrepreneurship Greg Deason will discuss the startup growth this weekend on Inside INdiana Business Television.

You can connect to a full list of Purdue-affiliated startups by clicking here.

  • Perspectives

    • Dominance in The Stock Market

      What do Facebook, Amazon, Netflix, and Google have in common? All are "growth" stocks and are currently dominating the stock market. Will these companies continue performing better than other companies, or will their "day in the sun" end? Currently, the stock market is all about growth stocks. You don't hear much about value stocks any more. So, what does that mean for good, old-fashioned value investing?

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Hospitals in the IU Health system make up half of Indiana's 2017 ranking.

      Indiana Hospitals Listed Among Best in U.S.

      Several Indiana hospitals are included in this year's list of the best hospitals by U.S. News & World Report. The publication ranks the hospitals on a state-by-state basis in addition to specialty categories, such as cancer, cardiology & heart surgery, and geriatrics. 

    • Fort Wayne Newspaper Lays Off Staff

      A long-running news operation in Fort Wayne has announced many of its employees will be out of work. Our partners at WPTA-TV report, despite the The News-Sentinel staffing decisions, the digital news operation will continue. The newspaper did not specify the number of employees affected by the move. Officials say some "stringers," or freelance reporters, may be used to enhance coverage, according to the station. Reporter Tom Davis, who worked in the...

    • (Image courtesy of Charter Communications Inc.)

      Charter Communications Cutting Dozens of Indy Jobs

      Connecticut-based Charter Communications Inc. (Nasdaq: CHTR) says it will cut its customer services department in Indianapolis. In a notice to the state, the telecommunications provider said the decision is expected to affect 84 jobs. The company operates in central Indiana under the Spectrum brand and was previously known as Bright House Networks. Charter Communications says its entire Roosevelt Avenue facility won't be closed, but the customer service department will be.

    • McDonald's Investing Tens of Millions Into Indiana Stores

      The owner of multiple McDonald's locations in Michiana says major modernization investments by the parent corporation and individual franchisees will create jobs throughout the state. Mishawaka-based Greater Indiana Operators Co-op President David Sparks says, of the more than 350 McDonald's locations in Indiana, over 270 will receive work that includes interior and exterior makeovers, additional digital menu technology and self-ordering kiosks.

    • (photo courtesy Mayor Tom Henry)

      Fort Wayne Awards Grants to Nonprofits

      The city of Fort Wayne is awarding $180,000 in grants to 10 local nonprofits. The funding, which comes from the city's federal Community Development Block Grant program, will be used for various services for low and moderate income residents, including employment skills, language translation and interpretation, and youth development.