Purdue Foundry to Showcase First Accelerator Cohort

Posted: Updated:
The startup is part of the Purdue Foundry. The startup is part of the Purdue Foundry.

The Purdue Foundry is set to unveil its first cohort for the Double Down Experiment, which includes nine high growth businesses the organization says are ready to reach the next level.

The Purdue Foundry is co-hosting The Big Show, to showcase the innovators and business builders selected for the program.

Organizers invited investors, other startups, and members of the Purdue community to the event to see how ideas are being transformed into "world-changing companies."

“The Big Show is a way for us to showcase the bigger picture of what's going on in the Purdue ecosystem when it comes to startups and technology,” said Scott Henderson, vice president and chief entrepreneurial officer for Purdue Research Foundation. “There's just a lot happening here. We wanted to tell this story to outsiders who don't live and breathe in the minutiae of daily life at Purdue.”

Henderson says the organization has helped 253 companies during its six years in operation. 

Of that list, the team narrowed the list to the nine business concepts that it feels has high potential for success. The selected members of the Double Down Experiment range from precision agriculture to medical devices to education.

“We're going to focus our mentoring and resources to help them grow, in terms of how many people work for them, their customer revenues, and they're outside investors, investment dollars,” said Henderson.

Members of the team help guide entrepreneurs through what can be a difficult path of company formation, market analysis and business model development.

Henderson says during the first six years, the Purdue Foundry focused on forming and launching companies. Now, the organization is putting equal weight toward growing those companies.

“So that they can reach as far and as wide as possible, making a difference in the world by taking that idea to societal impact through the marketplace,” said Henderson.

Kicking off Thursday’s program is a panel discussion called Alpha Girls: Women in Stem, Business, Entrepreneurship. The panel includes Purdue alumna M.J. Elmore, one of the first venture capitalists on the west coast.  She was profiled in a book called Alpha Girls, about women who took on the broadly male culture in Silicon Valley.

The Big Show is produced in partnership with Purdue University's College of Science and Purdue Research Foundation's Office of Technology Commercialization.

You can click here to pre-register.

Henderson says the startups have great ideas that the Purdue Foundry can help develop and get into the marketplace.
  • 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.



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


  • 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.

    • Chrissy Vasquez and Adam Ramsey

      Indy Reads Adds Staff

      Indy Reads Books has hired Chrissy Vasquez (pictured) as chief development officer to oversee marketing, development and the store. Also, Adam Ramsey (pictured) has been named manager of engagement, specializing in story telling through video and social media. Vasquez previously served as executive director and vice president of operations for Back on My Feet.  

    • 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.