Innovation Ecosystem Edition! The Virtuous Cycle …Boiler Up Corporate $ Government $ R & Innovations Delivery (IP maybe) Machine Talent

$ Capital Corp Startup License Research Department Funds Innovator

Out-of- Royalties In-state Next Gen Workforce state

Hoosier Employment

Purdue Value to Market . Bindley Bioscience Center . Birck Nanotechnology Center . Burton D. Morgan Center for Entrepreneurship

. Discovery Learning Research Center Burton D. Morgan Center for . Global Sustainability at Purdue Entrepreneurship . Center for the Environment . Energy Center . Purdue Climate Change Research Birck Nanotechnology Center Center . Center for Global Food Security . Water Community Bindley Bioscience Center . ACCESS: Advanced Computational Center for Engineering and Sciences . Cyber Center . Rosen Center for Advanced Gerald D. and Edna E. Mann Computing (ITaP) Hall . Oncological Sciences Center . Regenstrief Center for Healthcare Hall for Discovery and Learning Engineering Research From the Laboratories to the Market

New Discoveries New Companies

Purdue Foundry • 3,557 employees • $63,000 average wages • 165 firms Purdue Research Park • $1.3B annual impact on ’s economy • 725 acres • Large Scale Small Company Incubation

Large-scale Incubation Awards

AURP Outstanding Science / Research Park

NBIA Incubator Network of the Year

Copyright (2015) Purdue Research Foundation. All rights reserved. Professional Services Solutions • Purdue Foundry • Entrepreneurship Training • University Connections/Faculty Access • Pre-Seed Investments • Purdue Equipment & Facilities • Reception and Admin Support • Technical Assistance Program • Top Quality Business Equipment • Human Resources/Employment • High-speed Internet & Wireless • Job Placements/Job Fair • Fiber connection to • Media Relations/Marketing • Two-Way Video • Flexible Space and Leases • Community Vendor Access • Industry Cluster Management • SBDC/IEDC Services • Networking Opportunities • Governmental Relations • Conference and Gathering Areas • Mail & Shipping • Professional Conference Management • Security • Business Plan Competitions • Fortune 500 Atmosphere Assistance Helping the Purdue Community move ideas to the marketplace through new ventures

www.purduefoundry.com Purdue Foundry Goals & Metrics

Why? FOUNDRY 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 25

July 2014 & 2015 Purdue announces record-breaking years in commercialization! www.purduefoundry.com RECORD # OF PURDUE-IP STARTUPS 30 25−RECORD 25 24

20

15 11 11 10 10 8 7 8 5 5

0 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 Overall Foundry Activity = Five Firsts

TEAM CUSTOMER

MARKET PROTOTYPE

MONEY Purdue Foundry Offerings

Burton D. Morgan Center for • Opportunity Assessment Entrepreneurship • Business Model Development • Alumni Network Expertise & Mentoring • Market Assessment • Funding Support • Angel & Venture • Grants • Education & Training • Website & Web Training Tools • Legal Assistance • Events Recent New Funding Sources

• $12 Million Foundry Fund Companies: 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 www.purduefoundry.com www.purduefoundry.com

Anvilstartups.com The Anvil A student run co-working studio for Purdue student entrepreneurs The Anvil

Burton D. Morgan Purdue Memorial Union Center for Entrepreneurship www.theanvil.us • Largest student-run coworking space in the country • Hub of creative culture at Purdue • Community for entrepreneurs

Anvilstartups.com Forge Speakers Series The Boiler Competition Hack the Anvil CoderDojo BoilerMake

Connection to MatchBox

22 Artisan & Fabrication Lab growing 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 Determine De-risk Define Develop

• Opportunity • Best • Investor • First • Value Technologies/ Research Ready Product/ Proposition Areas Direction Customer

Startup “Shots on Goal” & “Feed Research Goose”

Alyssa Panitch Riyi Shi Leslie A. Geddes Professor Professor Neurosciences, Weldon School of Basic Medical Sciences Biomedical Engineering Matthew Lynall Cliff Johnston Clinical Associate Professor of Soil Ernesto Marinero Eric Dietz Professor Chemistry Professor of Lonnie Bentley Professor, Director of Experiential Crop, Soil & Engineering Practice Computer & Learning and Environmental Materials Engineering Information Management Sciences Technology Consulting National Business Incubation Association 2014 Incubator Network of the Year Award System Improvements / Experiments

• Deliberate Innovation New Key Faculty Fellows Accounts IP / Innovation R & Delivery Funding • Student owned IP Machine • $12M Cook Fund • Express License 3.0 IP/Corporate • $2M Elevate Fund • Reconveyence Option Sponsored • SBIR Match • SBIR option License Research • Online 24/7 disclosure Option Talent (Sophia) • SV BIG • Crane IP co-marketing • Boiling Point • 4 EIRs • Alumni Corp • County Startup • Group 4 License Employment • Foundry • Simplified Purdue Products • Anvil contracts to Market 3 to 1 • • Flintbox Partners online • Landing Page • Makers Space marketing • Startup Guide • MatchBOX (Lafayette) 26 Foundry Client Showcase Foundry Client Showcase Foundry Client Showcase

Vibronix

Medical Device to detect harmful Barbeque briquettes plaque from coffee grounds

Needs Needs Funding Mentor Funding Foundry Client Showcase

Energy conversion technology to make high efficiency and cost Sensor based effective power vibration analysis

Needs Funding Advisory Board Members Needs with scientific knowledge Funding Gregory W. Deason Sr. Vice President – Purdue Research Foundation Executive Director – Purdue Foundry & Purdue Research Park Associate Director of Experiential Programs – Burton D. Morgan Center for Entrepreneurship Past President – Association of University Research Parks Phone: 765-479-0807 Email: [email protected] Web site: www.purduefoundry.com