Purdue Research Park of West Lafayette

The idea economy is here.®

Purdue Research Foundation Since 1930

… To advance Purdue’s quest for preeminence in discovery, learning and engagement through executive stewardship of assets

Innovation Technology Real Estate Endowment Protection/ Parks Commercialization

• West Lafayette • Commercial • Alumni friends • Patent of Purdue Protection • Indianapolis • Residential • Licensing • Southeast Indiana • Startup support • Northwest Indiana

• Economic • Strategic Holdings • Sustainable • Commercialization Development Max Income • Maximum Income • Startups • Employment • Employment

Purdue Research Park of Northwest Indiana Technology Parks 715 employees 91 acres developed 39 companies 60,000 total sq. ft. 393 acres

Purdue Research Park of West Lafayette

3,248 employees 268 acres developed 164 companies 1.7 million total sq. ft. 725 acres

Purdue Research Park of Indianapolis

122 employees 4 acres developed 15 companies 55,000 total sq. ft. 80 acres

Purdue Research Park of Southeast Indiana

166 employees 8.6 acres developed 18 companies 40,000 total sq. ft. 44 acres Innovation Protection/ What Are We Trying To Do Here? Commercialization

Improve the Human Condition Metrics

Start ups • Products 1) Maximize societal value of Purdue’s innovation • Employment created • Longer, happier, healthier, productive lives Investment attracted • • Media buzz

• Number of faculty and 2) Create an ecosystem for faculty, students students engaged “…neighbors and friends that…” • Occupancy of tech parks demands, inspires, supports Ross’ dream Use of support “…invent something, create value” • systems

• Funds to Trask 3) Feed the goose! … to departments … to innovators

5 Purdue Patents and Disclosures

500 450 400 350 300 250 200 150 100 Total Disclosures 50 0 Total Patent Applications Filed

120 Total Issued Letters 100 Patents (worldwide)

6 The Virtuous Cycle…Boiler Up

Talent 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 The Metrics

Talent Corporate $72M Government IP R & Delivery $500M 491 Filings Machine $572M

Corp Startups Licenses Innovator $2M 8 $2M $2M 90

Royalties $8M In-state Next Gen Workforce Hoosier Employment

Legal Fees Purdue Value to Market $2M *2012 Sources of Influence

Studies / Documents Groups / Individuals • Purdue University and Innovation Realization 10/2010 - Purdue Communication Network • P-3 Alliance • Entrepreneurial • Purdue West Coast Partnership Strategic Plan 6/2011 Ambassadors Group

• Dunlap • Entrepreneurship Launch Team Report 6/2011 • Pekny

• Cosier • Robinson • Huron Study 1/2012 Kissinger • Ramani • • SV BIG Top Ten 4/2013 • Robinson • McKillip

Regnier • Bentley • Accelerating Purdue’s Transfer of Discoveries 3/2012 • • Garimella • McCartney • Purdue University Entrepreneuristic Activities 1/2013 Cerney • Huber • • Entrepreneur Wish List from Entrepreneurial 2/2013 • Fulton • Cook Ambassadors Group Irazoqui • Nauman • • A Paradigm for Interdisciplinary Research 3/2013 Nohadani • Asem

• • The Anvil Quotes and Testimonials 1/2013 • Duval-Couetil

System Improvements / Experiments

• Deliberate Innovation Faculty Fellows IP / Innovation R & Delivery

• Student owned IP Machine • Express License 2.0

• Reconveyance Option

• SBIR option

Corp Startup License Employment • Foundry • Simplified

Purdue Products • Anvil contracts 3 to 1 to Market • Discovery Park Partners

• Makers Space

• MatchBOX (Lafayette) Ground Zero for Purdue Entrepreneurship

FOUNDRY SUPPORT SERVICES

• Opportunity & Client FOUNDRY SUPPORT SERVICES Needs Assessment • Education & Training • Business Planning • Legal Assistance • Accounting & Finance . Corporate • Alumni Network . Immigration Expertise & Mentoring • Funding Support & Grant Writing • Incubator Oversight

• Technical Guidance • Website & Web • Market Assessment Training Tools

& Marketing • Regulatory Guidance

• Community Network

Burton D. Morgan Center

11 Deliberate Innovation Faculty Fellows “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”

Life Sciences Nano Manufacturing Defense Homeland IT Krannert Medicines Nano Materials Security Phase II System Improvements / Experiments

• Deliberate Innovation Corporate Faculty Fellows Engagement IP / Innovation R & Delivery

• Student owned IP Machine • Express License 2.0

• Reconveyance Option Business • SBIR option Talent

Corp Startup License Employment • Foundry • Simplified

Purdue Products • Anvil contracts 3 to 1 to Market • Discovery Park Partners • Predictability

• Makers Space of License

• MatchBOX (Lafayette) Foundry Council PIPELINE

Discovery Park OTC FEEDERS DOMAINS

B.D. Morgan Foundry B.D. Morgan IT Life Science

Faculty Anvil Krannert Engineering Defense Homeland Security Innovation Protection/ What Are We Trying To Do Here? Commercialization

Improve the Human Condition Metrics

Start ups • Products 1) Maximize societal value of Purdue’s innovation • Employment created • Longer, happier, healthier, productive lives Investment attracted • • Media buzz

• Funds to Trask 3) Feed the goose! … to departments … to innovators