WEBVTT 1 00:00:00.000 --> 00:00:05.672 >> AMONG THE LARGEST YOUTH SPORTS COMPLEXES IN THE COUNTRY, GRAND PARK LEADERS ARE CONFIDENT THE CAMPUS COULD ALSO BE A 2 00:00:05.672 --> 00:00:11.511 PLAYING FIELD FOR ENTREPRENEURS. THE FACILITY AND THE CITY OF WESTFIELD ARE LAUNCHING THE GRAND PARK RESEARCH AND 3 00:00:11.511 --> 00:00:19.018 DEVELOPMENT HUB WITH A GAME PLAN FOR INNOVATORS IN THE COMMERCIAL SPACE, AS WELL AS INSTITUTIONAL RESEARCHERS. 4 00:00:19.018 --> 00:00:27.761 BUSINESS OF HEALTH REPORTER KYLIE VELETA IS HERE WITH MORE. >> THANK YOU VERY MUCH, GERRY. WITH YOUTH SPORTS ESTIMATED TO 5 00:00:27.761 --> 00:00:32.599 BE A 19-BILLION-DOLLAR INDUSTRY, THE SECTOR IS RIPE WITH NEW BUSINESS IDEAS. JUST ONE EXAMPLE THE GRAND PARK RESEARCH 6 00:00:32.599 --> 00:00:38.104 AND DEVELOPMENT HUB IS ALREADY PARTNERING WITH A STARTUP THAT'S DEVELOPED AN APP TO HELP ATHLETES TRACK THEIR NUTRITION. 7 00:00:38.104 --> 00:00:44.177 AND GRAND PARK LEADERS SEE MANY OPPORTUNITIES FOR RESEARCH FOCUSED ON SAFETY, SUCH AS CONCUSSION PREVENTION, AND THE 8 00:00:44.177 --> 00:00:50.784 IMPACT OF TURF FIELDS ON ATHLETES' BODIES. HERE TO TELL US MORE ABOUT THE HUB AND ITS GOALS IS GRAND PARK 9 00:00:50.784 --> 00:00:57.824 ASSISTANT PARTNER COORDINATOR EMILY CABLE. THANKS FOR BEING ON THE SHOW TODAY, EMILY. 10 00:00:57.824 --> 00:01:04.230 >> THANKS FOR HAVING US. >> THINK BACK TO LAST SUMMER, IT WAS TOUGH. IT IS GREAT TO SEE GRAND PARK UP AND HAVING ALL 11 00:01:04.230 --> 00:01:08.968 THOSE KIDS THERE. >> YES. >> LET'S TALK ABOUT THIS WHOLE IDEA FOR THE RESEARCH HUB. HOW 12 00:01:08.968 --> 00:01:16.109 DID YOU COME UP WITH THIS IDEA? >> AS YOU MENTIONED, YOUTH SPORTS IS A MASSIVE INDUSTRY, CONTINUING TO GROW, GRAND PARK 13 00:01:16.109 --> 00:01:24.684 IS ONE OF THE LARGEST IF NOT THE LARGEST SPORTS FACILITY OF ITS KIND IN THE COUNTRY. AND WITH THAT, WE HAVE HUNDREDS OF EVENTS 14 00:01:24.684 --> 00:01:32.459 EVERY YEAR, MILLIONS OF VISITORS OUT AT OUR CAMPUS EVERY YEAR. SO WE WANTED TO USE THOSE EVENTS AND THE DATA WE CAN COLLECT FROM 15 00:01:32.459 --> 00:01:40.700 THOSE EVENTS AND THE VISITORS THIS WE HAVE TO BENEFIT THE REST OF THE SPORTS INDUSTRY. SO WE WANT TO PUT THAT TO GOOD USE, 16 00:01:40.700 --> 00:01:46.573 AND BE ABLE TO PARTNER WITH COMPANIES WHO CAN BENEFIT FROM THAT INFORMATION. >> SO LET'S TALK A LITTLE BIT 17 00:01:46.573 --> 00:01:51.110 MORE ABOUT THESE PARTNERSHIPS. EXPLAIN HOW THEY'LL WORK, THE PARTNERSHIPS BETWEEN THE HUB AND THE ENTREPRENEURS. 18 00:01:51.110 --> 00:01:59.819 >> YEAH, SO WE REALLY WANT TO UTILIZE ALL 400 ACRES OF OUR CAMPUS AS WELL AS ALL THE EVENTS ON CAMPUS TO ALLOW OUR PARTNERS 19 00:01:59.819 --> 00:02:06.759 TO COMPLETE THEIR RESEARCH AND DEVELOPMENT PROJECTS, WHATEVER THEY HAVE IN MIND. WITH THE HUB BEING SO NEW, THERE IS A LOT OF 20 00:02:06.759 --> 00:02:12.232 OPPORTUNITY OUT THERE, AND WE'RE KIND OF EXCITED TO SEE WHERE IT TAKES US. >> THERE IS COMMERCIAL IDEAS 21 00:02:12.232 --> 00:02:19.138 BEING DEVELOPED THERE, BUT ALSO RESEARCH IS A BIG PIECE OF THIS, AND THE IUPUI SPORTS INNOVATION INSTITUTE IS YOUR FIRST 22 00:02:19.138 --> 00:02:25.278 UNIVERSITY PARTNER. WHY DID GRAND PARK ALSO WANT TO MAKE RESEARCH A PART OF THIS? >> YEAH. YOU KNOW, LIKE I 23 00:02:25.278 --> 00:02:33.086 MENTIONED, WE HAVE SO MANY EVENTS, AND VISITORS OUT ON CAMPUS, WHICH GIVES US A LARGE POOL OF POTENTIAL RESEARCH 24 00:02:33.086 --> 00:02:43.997 SUBJECTS. SO WE FEEL THAT CAN ALLOW OUR PARTNERS TO VET ANY TECHNOLOGY IDEAS THEY MIGHT HAVE, OR POTENTIAL RESEARCH 25 00:02:43.997 --> 00:02:49.335 IDEAS. >> I KNOW IT'S REALLY JUST GETTING OFF THE GROUND. WHAT HAS INTEREST BEEN LIKE SO FAR? 26 00:02:49.335 --> 00:02:55.675 >> WE'VE HAD TREMENDOUS INTEREST SO FAR, AND WE'RE STARTING TO JUST INITIALLY GET THOSE CONVERSATIONS GOING WITH NEW 27 00:02:55.675 --> 00:03:04.083 PARTNERS. >> OKAY. I KNOW LOTS OF PARENTS AND KIDS OUT THERE FREQUENTLY. SO I'M SURE THERE'S LOTS OF 28 00:03:04.083 --> 00:03:08.988 IDEAS CHURNING. >> WHAT IS YOUR VISION FOR THE FUTURE FOR THE RESEARCH AND DEVELOPMENT HUB? 29 00:03:08.988 --> 00:03:14.694 >> OBVIOUSLY WANT TO GROW OUR PARTNERSHIP BASE. WE HAVE A FEW PARTNERS RIGHT NOW, WE HAVE A FEW IN THE WORKS, AND I'M SURE 30 00:03:14.694 --> 00:03:21.234 LIKE YOU SAID, THERE'S A LOT OF PEOPLE OUT THERE THAT ARE JUST NOW HEARING ABOUT THIS THAT WE'LL START TO GET MORE 31 00:03:21.234 --> 00:03:27.473 INTEREST. WE WANT TO GROW THAT PARTNERSHIP BASE. WE WANT TO CONTINUE TO WORK WITH THE CURRENT PARTNERS, TO FURTHER 32 00:03:27.473 --> 00:03:34.380 DEVELOP THEIR IDEAS, AND, YEAH, LIKE I SAID, IT'S JUST A BRAND-NEW IDEA THAT WE'RE EXCITED TO GET GOING. 33 00:03:34.380 --> 00:03:42.455 >> GRAND PARK AT ONE POINT WAS A BRAND-NEW IDEA, SURE HAS GROWN. JUST BIG PICTURE HOW DOES THIS REALLY PLUG IN TO GRAND PARK'S 34 00:03:42.455 --> 00:03:48.494 MISSION? >> YEAH. SO GRAND PARK WAS CREATED TO PROVIDE AN ECONOMIC BASE FOR WESTFIELD, AND IT'S 35 00:03:48.494 --> 00:03:57.170 DONE THAT MORE THAN WE COULD IMAGINE. SO WE WANT TO CONTINUE TO DO THAT FOR WESTFIELD, BUT WE FULLY EXPECT THAT THE HUB WILL 36 00:03:57.170 --> 00:04:02.842 BE THE NEXT BIG THING OUT OF WESTFIELD. >> SO IF PEOPLE SEE THIS AND THEY'RE INTERESTED, 37 00:04:02.842 --> 00:04:17.190 ENTREPRENEURS, RESEARCHERS, WHAT SHOULD THEY DO? >> YEAH, GO TO OUR WEBSITE, GRAND PARK.ORG\HUB. HOPEFULLY WE 38 00:04:17.190 --> 00:04:20.560 CAN GET THE INITIAL CONVERSATION STARTED. >> WHAT ARE YOU MOST EXCITED ABOUT? 39 00:04:20.560 --> 00:04:27.433 >> JUST THE FEW PARTNERS THAT WE HAVE RIGHT NOW, AND SEEING ALL THE DIFFERENT IDEAS OUT THERE, I'M OBVIOUSLY EXCITED TO 40 00:04:27.433 --> 00:04:34.841 CONTINUE TO WORK WITH THEM, BUT TO SEE, YOU KNOW, WHAT POTENTIAL PARTNERS WE HAVE IN THE WORKS, AND JUST WHERE IT TAKES US DOWN 41 00:04:34.841 --> 00:04:35.842 THE ROAD.