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Office of the President of Purdue Research Foundation

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Since 1930, the nonprofit Purdue Research Foundation has played an important role in helping Purdue become a world-class university.
       
On behalf of Purdue, the foundation: 1) manages gifts, bequests and endowments; 2) makes funding available to faculty, staff and students to aid in scientific investigation, research or educational studies;
3) acquires, constructs and improves Purdue’s facilities, grounds and equipment; 4) manages intellectual property developed at Purdue; and 5) acquires real estate for the expansion of the university’s
main campus in West Lafayette as well as its regional campuses and agricultural centers.
       
Contributions to Purdue, through the foundation, result in scholarships, graduate fellowships, faculty grants and equipment cost-sharing grants. The foundation owns and manages the nationally-acclaimed
Purdue Research Park and Purdue Foundry.
       
The foundation also manages the Purdue Office of Technology Commercialization. In addition, which operates one of the most comprehensive technology transfer programs among leading research
universities in the United States. Services provided by this office support the economic development initiatives of Purdue University and benefit the university's academic activities.
       

Research Park

       
Established in 1961, Purdue Research Park in West Lafayette, Ind., was the third research park established in the nation. In the late 1990s, Purdue Research Park began its transformation into a true technology
park focused on companies operating in the arenas of life sciences, homeland security, engineering, advanced manufacturing and information technology.
       
Any technology-based company that wants to form strong ties to Purdue University may be considered for park tenancy. The park initially provided emerging technology companies with business development
expertise combined with a flexible leasing plan. Expanded offerings now include human resources, media relations and marketing. This strategy led to explosive growth that translated into the largest cluster of
technology-based companies in the state. As of September 2013, the Purdue Research Park of West Lafayette has 725 acres, 51 buildings, and 159 companies employing 3,233 employees who earn an average
annual wage of $63,000.
       
The park offers many of its industry-leading amenities and services to every company within the park, not just its client firms, and hosts several top-notch business plan competitions, job fairs, an
internship program and an entrepreneurship academy.
       
Today, the foundation welcomes high-tech companies to state-of-the-art technology centers located on park sites throughout Indiana, including:
       
  n Purdue Technology Centers of West Lafayette - Located just north of Purdue University's main campus, the centers serve as the flagship for the 725-acre, award-winning Purdue Research Park.
    The park is home to 159 companies, of which 110 are technology-related. With 365,000 square feet of incubation space, the centers are considered to be among the largest university-affiliated business
    incubation complexes in the country.
       
  n Purdue Technology Center of Northwest Indiana – Located on 393 acres west of I-65 near Merrillville, the 60,000-square-foot facility was Purdue's first satellite technology incubator
    when it opened in January 2005. It currently serves 33 technology-based companies where nearly 100 professionals work. This center serves as an anchor for the surrounding mixed-use business
    and technology park.
       
  n Purdue Technology Center of Indianapolis - Opened in 2009, the 55,000-square-foot technology incubator anchors the Purdue Research Park of Indianapolis, which is a 78-acre, Indianapolis-based park
    being developed by Purdue Research Foundation. It currently serves 13 companies. The park is located along the I-70 corridor and near the midfield terminal of the Indianapolis International Airport.
     
  n Purdue Technology Center of Southeast Indiana - Opened in 2008, the 40,000-square-foot facility is located on 40 acres of land donated by the Shine family, founders and owners of Samtec Inc.,
    an electronic interconnect manufacturer. The center serves nine technology-based companies. The center contains 18,000 square feet of business incubator offices serving 11 companies, a district
    office for the Indiana Small Business Development Center, an office for Purdue Extension Service and classrooms for the Purdue University College of Technology.
       
PURDUE RESEARCH FOUNDATION HONORS
       
Purdue Research Foundation
  n 2013 International Economic Development Council's Excellence in Economic Development Awards
    m Annual Report - Silver
    m Newsletters/Newspaper - Bronze
       
  n 2013 Association of Marketing and Communication Professionals' MarCom Awards, 2013
    m Annual Report/Nonprofit - Platinum
    m Design (Print)/Annual Report - Platinum
    m Design/Website - Platinum
    m Annual Report/Other - Platinum
    m Writing/Annual Report - Gold
    m Design/Web Graphics - Gold
    m Video/Film/Special Event – Gold
       
  n 2013 American Advertising Federation North Central Indiana Chapter ADDY awards
    m Four-Color Annual Report category, Silver
    m Public Service – Electronic category, Silver
       
  n 2012 Association of Marketing and Communication Professionals' MarCom Awards
    m Annual Report/Nonprofit - Platinum
    m Design (Print)/Annual Report - Platinum
    m Design/Website - Platinum
    m Annual Report/Other - Platinum
    m Writing/Annual Report - Gold
    m Design/Web Graphics - Gold
    m Video/Film/Special Event – Gold
       
  n 2011 International Economic Development Council's Excellence in Economic Development Awards for Annual Report, 2011, Population between 25,000-200,000.
       
  n 2010 Innovation of the Year: Purdue Research Park Entrepreneurship Academy, National Business Incubator Association.
       
  n 2010, Collateral Materials Campaign mixed media, ADDY Awards – American Advertising Federation-North Central Indiana.
       
  n 2010 Silver Award, Collateral Materials Campaign brochure, ADDY Awards – American Advertising Federation-North Central Indiana.
       
  n 2010 Sustainable Sites Initiative List, Purdue Research Park of West Lafayette.
       
  n 2010 TechPoint Mira Awards McClure Services, Excellence in IT category, finalists.
       
  n 2010 TechPoint Mira Awards: Purdue Research Park Entrepreneurship Academy, Education Contribution to Technology, category finalist.
       
International Economic Development Council's Excellence in Economic Development Awards
       
  n 2008 Entrepreneurship
       
  n 2008 Partnerships with Educational Institutions
       
  n 2008 Technology-Based Economic Development
       
Association of University Research Parks
       
  n 2005 Excellence in Technology Transfer Award
       
Association of University Research Parks
       
  n 2004 Outstanding Science/Research Park Award
       
Indiana Economic Development Corporation
       
  n Certified Technology Park Designation
    m 2003 Purdue Research Park of West Lafayette
    m 2006 Purdue Research Park of Northwest Indiana
    m 2011 Purdue Research Park of Indianapolis
       
MIRA Awards
       
  n 2003 Professional Service Provider category
       
National Business Incubator Association
       
  n 2003 Nation's top business acceleration program
       

 

Source: Office of Technology Commercialization