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>>> IT'S TIME NOW TO GO INSIDE
INNOVATION.
POWDERKEG RECENTLY UNVEILED THE
WINNERS OF ITS INAUGURAL INDIANA

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BREAKOUT TECH CULTURE AWARDS.
11 HOOSIER TECH COMPANIES
RECEIVED THE HONORS.
BOARDABLE WAS HONORED WITH TOP

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RATED MISSION, PURPOSE, AND
VALUES.
JEB BANNER SAYS THE COMPANY
HELPS NONPROFITS DIGITIZE THEIR

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BOARD MEMBER EXPERIENCE, AND
MOST CASES GO PAPERLESS.
THE MISSION IS REINFORCED DAILY
BY THEIR CORE VALUES: DRIVE,

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INTEGRITY, RESPECT, TEAM WORK,
AND EMPATHY.
>>> IU VENTURES RECENTLY
LAUNCHED THE IU ANGEL NETWORK TO

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CONNECT COMPANIES WITH
PROSPECTIVE INVESTORS AMONG
INDIANA UNIVERSITY'S GLOBAL
COMMUNITY.

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WITH MORE ON THE NEW INITIATIVE
AND PART OF A BROADER PROGRAM,
PLEASED TO WELCOME IU VENTURES
CEO TONY ARMSTRONG AND ASSOCIATE

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VICE PRESIDENT JASON WHITNEY
WITH MORE ON HOW THEY FURTHER
ENTREPRENEURIAL COVERAGE AND
CULTURE AROUND THE STATE.

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WELCOME TO THE PROGRAM.
>> THANKS FOR HAVING US.
>> THERE'S A NAME CHANGE.
IU VENTURES IS WHAT WAS THE --

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>> RIGHT.
WE'VE CHANGED TO IU VENTURES.
I THINK IT BETTER CAPTURES THE
MISSION AND PROGRAMS IU VENTURES

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IS PROVIDING TO FACULTY,
STUDENTS AND REALLY TRYING TO
ENGAGE ALUMS IN A DIFFERENT WAY.
>> YOU HAVE THREE PROGRAM AREAS,

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THE KQUARRY, VENTURE FUND, AND
THE NEW AREAS.
>> WORKING WITH FACULTY,
STUDENT, STAFF, THINK OF THEIR

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IDEA IN A WAY, IS THIS A
STARTUP, IS THIS A LICENSING
OPPORTUNITY.
THINK ABOUT THE TALENT NEEDS AND

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FUNDING NEEDS AND HELP WITH
THAT.
THAT LEADS TO WHAT TERRY AND I
WERE HERE A YEAR AGO TO TALK

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ABOUT.
WE'VE MADE ALMOST 15 INVESTMENTS
ACROSS THE COUNTRY IN STARTUPS
THAT HAVE IUDNA.

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AS WE'VE TALKED TO PEOPLE ABOUT
THE FUND, WE'VE LEARNED FROM
FOLKS THAT THEY'D LIKE TO MAKE
INVESTMENTS PERSONALLY, TO

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REALLY BE A PART IN A DIFFERENT
WAY.
THAT LED US TO CREATING THE
INDIANA IU ANGEL NETWORK.

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>> AGAIN, I THINK A CREATIVE,
UNIQUE WAY TO APPROACH THINGS.
>> IT'S GIVEN US A REALLY NICE
OPPORTUNITY TO ENGAGE WITH THOSE

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ALUMNI FROM COAST TO COAST WHO
WANT TO PARTICIPATE WITH IU
ENTREPRENEURIAL EFFORTS, WHETHER
THEY'RE ALUMNI BASED, FACULTY

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BASED OR A COMBINATION OF IU
INTELLECTUAL PROPERTY.
>> WHEN YOU LOOK AT ALUMS AND
IU-CONNECTED PEOPLE AND

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ORGANIZATIONS THERE ARE, THAT'S
A BIG UNIVERSE.
>> IT'S UNBELIEVABLE.
OVER 700,000 NATIONWIDE.

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EVERY SINGLE PERSON WE'VE MET
HAS INTRODUCED US TO FOUR MORE
PEOPLE.
OUR NETWORK EXPANDS GREATLY

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EVERY DAY.
>> TONY MENTIONED THE THE
PHILANTHROPIC FUND.
A GOOD EXAMPLE IS THIS PAST WEEK

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OF AN INVESTMENT THAT THE FUND
MADE IN A BOSTON --
>> YEAH, WE INVESTED IN A
COMPANY CALLED MENTOR

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COLLECTIVE.
THEY HAD A NICE PRESENTATION ON
THE CAMPUS.
FELL IN LOVE WITH THE WORK THEY

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WERE DOING IMPROVING THE LIVES
OF STUDENTS ON CAMPUSES ALL
ACROSS THE COUNTRY.
WAS A NICE OPPORTUNITY TO

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PARTNER HERE IN INDIANAPOLIS TO
HELP ADVANCE THAT COMPANY.
>> TONY, WHAT DOES THIS SAY
ABOUT OR HOW DOES THIS FIT IN

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WITH IU'S BROADER REALLY MISSION
AND INTEREST IN ENGAGING?
THIS GOES BEYOND THE STATE
LINES, BUT AROUND THE STATE OF

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INDIANA, REALLY BROADENING THAT?
>> IT GIVES US A CHANCE TO HAVE
OUR ALUMS BE A PART OF WHAT
WE'RE DOING.

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WE HOPE TO HAVE THESE NODES IN
SOME WAY AROUND THE COUNTRY.
WE GET OUR ALUMS INTERESTED IN
STARTUPS AND GIVING BACK.

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HOPEFULLY WE'LL HAVE A GROUP IN
BOSTON, CALIFORNIA, DENVER,
THEY'RE GOING TO START
CONNECTING.

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WE'RE GOING TO FIND
OPPORTUNITIES HOPEFULLY SOME DAY
TO BRING THEM BACK TO INDIANA.
IT'S A WHOLE DIFFERENT PLACE

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NOW.
>> THAT WAS MY LAST QUESTION.
I WAS GOING TO ASK YOU ABOUT
THAT.

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THE INVESTMENT MAY BE IN BOSTON
OR CALIFORNIA, BUT THERE'S
THAT --
>> OUR HOPE IS WE'RE ABLE TO

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ENTICE PEOPLE AND THEY SAY, WOW,
THERE'S A LOT GOING ON HERE,
THERE'S OPPORTUNITIES, THERE'S
SPACE.

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IT'S A LITTLE MORE CROWDED ON
THE OTHER PARTS.
IF WE CAN GET THEM BACK IN
INDIANA AND CONNECTED TO THE

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UNIVERSITY AND WHAT'S HAPPENING
HERE, WE'D LOVE TO DO THAT.
>> ANOTHER GREAT EXAMPLE OF THAT