Purdue Financial Guide

Purdue quick facts

Economic Impact of Purdue's Discovery Park

Discovery Park (DP) was launched in August 2001 with a $26 million grant from the Lilly Endowment. These funds supported the activities of Discovery Park, helped attract top faculty, and initiated new projects. These projects were further supported by the Lilly Endowment with a $25 million grant in February 2005.

To date, Discovery Park’s economic impact includes:

  • 57 new companies seeded and/or assisted.
  • 1 disclosure, license/option on intellectual property created within Discovery Park.
  • 164 current jobs in Discovery Park.
  • $7 71.7 million in externally sponsored research to DP Centers, $83.9 million in 2012-13.
  • Over 1300 students have received the Certificate in Entrepreneurship and Innovation. Recipients have come from every college and have an average cumulative GPA over 3.0. 81% expect to be involved in a startup in the future.
  • Over 40 strategic global partnerships.

Discovery Park is educating leaders for tomorrow and hiring and retaining the brightest minds in the state of Indiana. Discovery Park is speeding up new inventions and accelerating technology commercialization that is creating high-tech industry in the state of Indiana. Discovery Park activities have had tremendous economic impact in shaping the world around us.

The Purdue Foundry, mentioned in our front page feature story, is housed within Discovery Park. More information can be found at www.purduefoundry.com.