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>>GERRY: HERE'S WHAT'S MAKING
NEWS AROUND INDIANA BROUGHT TO
YOU BY YOUR INDIANA PACERS.
GOVERNOR ERIC HOLCOMB USED HIS

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THIRD STATE OF THE STATE ADDRESS
TO UNVEIL A PLAN TO INCREASE
TEACHER PAY.
HE CALLED ON LEGISLATORS TO USE

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MONEY FROM THE STATE'S RESERVES
TO PAY OFF PENSION LIABILITIES
IN A MOVE HE SAYS WILL SAVE ALL
LOCAL SCHOOLS $140 MILLION OVER

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THE NEXT TWO YEARS, AND MORE IN
THE FOLLOWING YEARS.
HE WANTS SCHOOL DISTRICTS TO
"ALLOCATE 100 PERCENT OF THE

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$140 MILLION TO INCREASING
TEACHER PAYCHECKS."
>>>EVANSVILLE-BASED OLD NATIONAL
BANCORP CEO BOB JONES PLANS TO

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RETIRE IN MAY, AFTER 14 YEARS
WITH THE BANK.
CFO JIM RYAN, WHO HAS BEEN WITH
OLD NATIONAL SINCE 2000, WILL

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SUCCEED JONES AS CEO.
BOB JONES WILL CONTINUE TO SERVE
AS OLD NATIONAL'S CHAIRMAN OF
THE BOARD THROUGH JANUARY 2020.

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>>>DEVELOPERS JOINED TERRE HAUTE
AND VIGO COUNTY LEADERS FOR THE
FIRST PUBLIC UNVEILING OF
SPECIFIC PLANS FOR A CONVENTION

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CENTER.
THE $25 MILLION PROJECT WILL BE
A TWO-STORY BUILDING WITH A
BALLROOM, CONFERENCE ROOM AND

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LARRY BIRD MUSEUM.
IT WILL ALSO FEATURE A HOTEL AND
TWO NEW PARKING GARAGES.
>>>THE MASSIVE $440 MILLION

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ELECTRIC WORKS MIXED-USE
INNOVATION DISTRICT IN DOWNTOWN
FORT WAYNE IS ADDING A
RECREATIONAL COMPONENT.

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THE DEVELOPER OF THE PROJECT
SAYS SPORT WAYNE INC. HAS SIGNED
A LETTER OF INTENT TO DESIGN AND
OPEN A CLIMBING GYM AND

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ADVENTURE PARK AT THE FORMER
GENERAL ELECTRIC CAMPUS.
>>GERRY: FIVE YEARS AGO, PURDUE
UNIVERSITY SET OUT TO BEEF UP

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ITS COMMERCIALIZATION
EFFORTS...AND IT SEEMS AS THOUGH
THE PROOF IS IN THE PUDDING...
THE SCHOOL IS TOUTING 223

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STARTUPS WITH MORE THAN $350
MILLION IN FUNDING AND
INVESTMENTS GENERATED, AS WELL
AS MORE THAN 300 NEW JOBS.

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FOR MORE ON PURDUE'S ROBUST
ENTREPRENEURIAL PIPELINE, LET'S
CHAT WITH PURDUE FOUNDRY SENIOR
VICE PRESIDENT OF

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ENTREPRENEURSHIP AND PLACEMAKING
GREG DEASON.
AS I WAS WELCOME TO THE PROGRAM.
>>: WELCOME.

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>>: I MENTIONED FIVE YEARS AGO
THE NUMBERS REPRESENT A CHANGE
IN CULTURE GOING BACK TO 2000
AND I THINK HE BROUGHT TO THE

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UNIVERSITY OF FOCUS ON
INNOVATION AND ENTREPRENEURSHIP.
MITCH DANIELS ARRIVAL LASER
FOCUS ON COMMERCIALIZATION AND

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GETTING IDEAS FROM THE
UNIVERSITY INTO REAL COMPANIES.
>>: THAT'S EXACTLY HOW IT HAS
PLAYED OUT AND SO EXCITING WHEN

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MITCH ARRIVED AS OUR PRESIDENT
HE REALLY CHALLENGED US AND SAID
WE CAN MAKE THIS EXPONENTIALLY
BETTER AND TO DO SO CREATED SOME

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NEW RESOURCES LIKE THE FOUNDRY,
BUT WE ALSO CREATED SOME
OPPORTUNITY THROUGH POLICY AND
CHANGES THAT WAY MAKING IT

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EASIER FOR PEOPLE TO GET ACCESS
TO OUR TECHNOLOGY.
WE WANT TO SEE THAT IN THE HANDS
OF THOSE I CAN BENEFIT.

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>>: 223 START UPS, A HUGE
NUMBER AND OF THOSE 223 ABOUT
130 THE RESULT OF PURDUE
INNOVATION, INTELLECTUAL

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PROPERTY.
>>: EVERY GEAR WE HAVE A LOT OF
NEW IDEAS DISCLOSED AND THEY
BECOME PATENTS.

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LAST YEAR WE HAD ABOUT 130 OF
THOSE BUT THE PATENTS CAN BE
LICENSED AND THAT'S WHAT
HAPPENED.

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130 HAVE TAKEN THOSE IDEAS THAT
WERE ONCE IN THE MINDS OF A
FACULTY MEMBER OR STUDENT AND
NOW LICENSED THOSE TO BE A

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PRINCIPAL ASSET OF THE COMPANY.
WE THINK ABOUT PURDUE AND THE
IMPACT IT CAN MAKE AND THAT IS
THE ULTIMATE TO SEE SOME IDEA

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ULTIMATELY GET INTO THE HANDS OF
THE USER TO CREATE A HAPPIER,
HEALTHIER LIVES AND GREAT JOBS.
>>: IT DOES NOT HAPPEN ALL THE

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TIME DEALS THIS BIG BUT THE
CANCER DELIVERY COMPANY SOLD
LAST YEAR FOR I THINK IT WAS
$2.1 BILLION.

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ABSOLUTELY AND WHEN YOU SEE
SOMETHING LIKE THAT THAT
HAPPENS.
THAT IS A HUGELY IMPACTFUL

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EVENT.
NOT ONLY DOES THAT MEAN THEY HAD
IT RIGHT IN TERMS OF THE VALUE
THEY WERE CREATING WITH

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TECHNOLOGY BUT IT INSPIRES THESE
OTHER COMPANIES.
LOOK AT THESE OTHER 223 AND THEY
ARE LOOKING AT THAT AND SAYING

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WE CAN TOO.
I THINK WE WILL TAP THE
EXPERIENCE OF THAT TEAM THAT LED
ENDO SITE.

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THEY ARE WORKING ANOTHER THINGS
AS WELL AND WE WILL SEE IMPACT
THERE.
>>: LET'S LOOK FORWARD AS WE

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WRAP UP THE DISCOVERY PARK
DISTRICT 1 BILLION-DOLLAR PLUS
INVESTMENT, HUGE AND THAT
DIRECTLY IMPACTS WHAT WE ARE

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TALKING ABOUT.
>>: I THINK WE WANT TO BE A
PLACE WHERE THE MOST CREATIVE
TALENTED PEOPLE WANT TO LIVE,

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WORK, AND PLAY AND THAT
DISCOVERY PARK DISTRICT WILL
PROVIDE JUST THAT OPPORTUNITY.
WE HAVE NEW BUILDINGS COMING ON

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LINE UNDER CONSTRUCTION TO MAKE
IT POSSIBLE FOR THOSE THINGS TO
HAPPEN AND TO MAKE IT POSSIBLE
FOR THE NEXT GENERATION TO TAKE

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THEIR IDEAS TO IMPACT.
>>: BIG NUMBERS IN THE STARTUP
WORLD.
223 START UPS AND A LOT MORE