Embed Size (px)
Citation preview
Innovation Ecosystem Edition!
The Virtuous Cycle…Boiler Up
Corporate $
Government $
Hoosier Employment
In-state
Startup
Capital
Talent
Corp License
Out-of-state
Purdue Value to Market
Royalties
Research Funds
DepartmentInnovator
R & DeliveryMachine
$
Innovations(IP maybe)
Next Gen Workforce
Burton D. Morgan Center for Entrepreneurship
Birck Nanotechnology Center
Gerald D. and Edna E. Mann Hall
Bindley Bioscience Center
Hall for Discovery and Learning Research
Bindley Bioscience Center Birck Nanotechnology Center Burton D. Morgan Center for
Entrepreneurship Discovery Learning Research Center Global Sustainability at Purdue Center for the Environment Energy Center Purdue Climate Change Research
Center Center for Global Food Security Water Community
ACCESS: Advanced Computational Center for Engineering and Sciences Cyber Center Rosen Center for Advanced
Computing (ITaP) Oncological Sciences Center Regenstrief Center for Healthcare
Engineering
New Discoveries
From the Laboratories to the Market
New Companies
Purdue Foundry
Purdue Research Park
Copyright (2015) Purdue Research Foundation. All rights reserved.
Purdue Research Park• 3,557 employees • $63,000 average wages• 165 firms• $1.3B annual impact on Indiana’s economy• 725 acres• Large Scale Small Company Incubation
Awards
AURPOutstanding Science /
Research Park
NBIAIncubator Network
of the Year
Large-scale Incubation
Professional Services Solutions• Purdue Foundry• University Connections/Faculty Access• Purdue Equipment & Facilities• Technical Assistance Program• Human Resources/Employment• Job Placements/Job Fair • Media Relations/Marketing• Flexible Space and Leases • Industry Cluster Management • Networking Opportunities• Conference and Gathering Areas • Professional Conference Management • Business Plan Competitions
• Entrepreneurship Training• Pre-Seed Investments• Reception and Admin Support• Top Quality Business Equipment• High-speed Internet & Wireless• Fiber connection to Purdue University • Two-Way Video • Community Vendor Access• SBDC/IEDC Services• Governmental Relations• Mail & Shipping• Security• Fortune 500 Atmosphere Assistance
Helping the Purdue Community move ideas
to the marketplace through new ventures
www.purduefoundry.com
Purdue Foundry Goals & Metrics
• Move ideas and innovations to the marketplace
• Capitalize on Purdue’s vast talent and innovation capabilities
• Produce happier, longer and healthier lives through innovation
• Produce high quality jobs for our community and state
Why? FOUNDRY METRICS
July 2014 & 2015Purdue announces record-breaking
years in commercialization!
www.purduefoundry.com
25
RECORD # OF PURDUE-IP STARTUPS
811 10 11
75
8
24 25
0
5
10
15
20
25
30
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15
−RECORD
TEAM CUSTOMER
MARKET PROTOTYPE
MONEY
Overall Foundry Activity = Five Firsts
Purdue Foundry OfferingsBurton D. Morgan Center for
Entrepreneurship• Opportunity Assessment• Business Model Development• Alumni Network Expertise &
Mentoring• Market Assessment • Funding Support
• Angel & Venture• Grants
• Education & Training• Website & Web Training Tools• Legal Assistance• Events
• $12 Million Foundry FundCompanies:
1) OnTarget
2) Spensa
3) Symic Biomedical
4) FAST Biomedical
• $2 Million Elevate/Foundry Fund• 8 companies/year
• SBIR Match• Animated Dynamics
• Concordance Health Solutions
• High Performance Imaging
• SensorHound Innovations
• Spensa Technologies
• Spero Energy
Recent New Funding Sources
www.purduefoundry.com
www.purduefoundry.com
Anvilstartups.com
The AnvilA student run co-working studio for Purdue
student entrepreneurs
www.theanvil.us
Burton D. MorganCenter for Entrepreneurship
Purdue Memorial Union
The Anvil
Anvilstartups.com
• Largest student-run coworking space in the country
• Hub of creative culture at Purdue• Community for entrepreneurs
Forge Speakers SeriesThe Boiler CompetitionHack the AnvilCoderDojoBoilerMake
Connection to MatchBox
22
Artisan & Fabrication Labgrowing into Makers Space
In One Year:
• 45% increase in users• 130% increase in
hours of usage• 11 New Co projects• Available to all
Purdue Faculty, Students, and Staff
Deliberate Innovation Faculty Fellows“Research and Company Hunters”
Identify
• OpportunityTechnologies/Areas
De-risk DefineDetermine
• BestResearchDirection
• Investor Ready
• First Product/Customer
Develop
• Value Proposition
Startup“Shots on Goal” & “Feed Research
Goose”
Alyssa PanitchLeslie A. Geddes Professor Weldon School of Biomedical Engineering
Ernesto MarineroProfessor of Engineering Practice Materials Engineering
Eric DietzProfessor, Computer & Information Technology
Cliff JohnstonProfessor of Soil Chemistry Crop, Soil & Environmental Sciences
Matthew LynallClinical Associate Professor Director of Experiential Learning and Management Consulting
Riyi ShiProfessor Neurosciences, Basic Medical Sciences
Lonnie Bentley
National Business Incubation Association 2014 Incubator Network of the Year Award
System Improvements / Experiments
Startup
R & DeliveryMachine • Student owned IP
• Express License 3.0• Reconveyence Option• SBIR option License• Online 24/7 disclosure
(Sophia)• Crane IP co-marketing
• Foundry• Anvil• Discovery Park
Partners• Makers Space• MatchBOX
(Lafayette)
• Simplified contracts 3 to 1
• Flintbox online marketing
• Deliberate Innovation Faculty Fellows
Employment
Purdue Productsto Market
IP / Innovation
Corp License
Talent• SV BIG• Boiling Point• 4 EIRs• Alumni• County• Group 4
New KeyAccounts
IP/Corporate Sponsored Research Option
Funding• $12M Cook Fund• $2M Elevate Fund• SBIR Match
26
• Landing Page• Startup Guide
Foundry Client Showcase
Foundry Client Showcase
Foundry Client Showcase
Barbeque briquettes from coffee grounds
NeedsMentorFunding
Vibronix
Medical Deviceto detect harmful
plaque
NeedsFunding
Foundry Client Showcase
Sensor basedvibration analysis
NeedsFunding
Energy conversion technologyto make high efficiency and cost
effective power
NeedsFunding
Advisory Board Memberswith scientific knowledge
Gregory W. DeasonSr. Vice President – Purdue Research FoundationExecutive Director – Purdue Foundry & Purdue Research ParkAssociate Director of Experiential Programs – Burton D. Morgan Centerfor Entrepreneurship Past President – Association of University Research Parks
Phone: 765-479-0807Email: [email protected] site: www.purduefoundry.com
