Startup services, collaboration opportunities offered at upcoming Purdue Foundry open house

August 28, 2013  


Tim Peoples, laurie Parker, Steve Ouellette

Tim Peoples, Purdue Foundry entrepreneur-in-residence, counsels Laurie Parker, assistant professor of medicinal chemistry and molecular pharmacology, and Steve Ouellette, graduate research assistant in medicinal chemistry and molecular pharmacology, on entrepreneurship and licensing opportunities in the Purdue Foundry in the Burton D. Morgan Center for Entrepreneurship. (Purdue Research Foundation photo)
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WEST LAFAYETTE, Ind. – The Purdue Foundry (purduefoundry.com), an entrepreneurship and commercialization hub at Purdue University, will provide information on its startup services at its open house from 3 to 5 p.m. Sept. 4 in the Burton D. Morgan Center for Entrepreneurship, 1201 West State St., West Lafayette, Ind.

The foundry, which opened this summer, is geared to provide a more integrated approach to support entrepreneurs and move Purdue innovations from the university to the market.

"We are providing Purdue entrepreneurs with the resources and information that they need to be successful," said Greg Deason, executive director of the Purdue Foundry. "One of our goals is to increase the number of startups from Purdue faculty, staff and student innovators who have an interest in forming a company or want to license their discoveries."

The foundry will collaborate with longstanding activities already taking place in the Burton D. Morgan Center for Entrepreneurship such as business plan competitions and the Purdue Certificate in Entrepreneurship and Innovation program.

Services to be offered by the Purdue Foundry include:

* Product development and market analysis.

* Business plan development.

* Funding support and grant writing.

* Counsel from legal advisers.

* Guidance from Purdue entrepreneurs-in-residence.

The Purdue Foundry also will form partnerships with outside organizations such as Elevate Ventures, an Indianapolis-based startup support firm, to assist Purdue innovators.

For more information about the Purdue Foundry, visit purduefoundry.com

For more information on Purdue's patented innovations including new cancer treatments, alternative fuels, biomedical devices, agriculture innovations and others that are available for licensing through the Office of Technology Commercialization, call 765-588-3475, email otcip@prf.org or visit www.otc-prf.org/otc.

Writer: Cynthia Sequin, 765-413-6031, casequin@prf.org

Source: Greg Deason, (765) 588-5254, gwdeason@prf.org

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