PURDUE RESEARCH PARK

World Class Park, Business, Economic Development

SEPTEMBER 2019 Mission Driven, Business Minded

Purdue Purdue Research University Foundation (PRF) • Public • Private • Land Grant • 501(c)3 • Research • Business Focused Focused Mission Driven, Business Minded

Purdue Purdue Research University Foundation (PRF) • Educate • Support • Explore • Connect • Invent • Protect • Lead • Deliver Stewards and Managers

Land/Properties Parks & Districts I.P./Commercialization Office of Technology Commercialization $4B Endowment Investments Office Gifts University Development Office Stewards and Managers

Governance Strengths • Board of Directors • Can move quickly & • Chaired by U privately President • Requires • 15 members – Communication • 3 U trustees – Collaboration • 12 others – Coordination Challenges • You need all three “C’s” • Requires top-down vision/direction • Can feel/become one-way Supporting IP Commercialization

Strong Ecosystems Merrillville • 7 Locations West Lafayette Aerospace District • 9 Incubation Buildings (800K sf)

Purdue @ WestGate • 350 Companies NSWC Crane • 5,500 Jobs New Albany • $80,156 Average Salary • $9.3B Annual Revenue • $132M+ Equity Capital Raised • $9.8M+ Grant Funding

https://www.prf.org/researchpark/ Regenerative Cycle Ecosystem Snapshot

Napkin to Exit Acceleration University Corporate Partners Venture Capitalists Bank Financing

D I S T R I C T Pre-seed Acceleration Friends & Family Stage 4+ Grants Incubation Awards Boot-strapping Business Angel & other early round funding Building Stage 3 Significant Stage 1 Stage 2 Scaling

REVENUE Solid Business Model Rapid Growth Stage 0 Prototype to Begins Ideation Production Customer First Sales Discovery

TIME West Lafayette

Locations

Purdue Research Park of West Lafayette • 2.5 miles north of Purdue’s main campus • Established in 1961 Purdue Research Park - Aerospace District • Surrounding Airport • Established in 2015 Rolls-Royce

Saab Discovery Park District • Redeveloping West State Street Corridor Discovery Park

Established in 2001 Strong cross-disciplinary collaboration • Researchers • Policy Makers • Business Leaders Multiple Centers & Institutes Focused On Global: • Health • Sustainability • Security No amenities to drive density after 5pm

https://www.purdue.edu/discoverypark/ Discovery Park District Discovery Park District

Established in 2017 Aerospace District

Established in 2015 • 980 acres • Sites from 5 to 50 acres • Flexible site configurations • Airport & rail access • Home of Maurice J. Zucrow Labs – Thermal sciences & propulsion – Rocket & turbine R&D – Computational fluid dynamics – Particle flow heat transfer – Atomization processes • Mach 6 quiet wind tunnel Aerospace District

Designed Aerospace District Aerospace District Discovery Park District

http://discoveryparkdistrict.com Discovery Park District Discovery Park District Discovery Park District Discovery Park District Discovery Park District Discovery Park District Discovery Park District Discovery Park District Discovery Park District THANK YOU

Paul Moses Assistant Vice President Director, Purdue Research Parks and Business Development

Purdue Research Foundation 1281 Win Hentschel Boulevard West Lafayette, IN 47906 [email protected] (765) 588-3462 (502) 445-8793

EA/EOU