Indiana Innovation Showcase to include high-tech startups and economic development leaders
July 8, 2010
INDIANAPOLIS – The second annual Indiana Innovation Showcase on Tuesday (July 13) will include entrepreneurs commercializing products from 40 startups in the high-tech areas of life sciences, biomedical devices, alternative energy, industrial products and information technology.
About 350 venture capitalists, angel investors and economic development leaders are expected to participate in the invitation-only program scheduled for 2-7 p.m. at the Purdue Technology Center. The center is located in the Purdue Research Park at AmeriPlex-Indianapolis, 5225 Exploration Drive, near the Indianapolis International Airport. Information about the program can be found at http://ventureclub.org/
"We received a tremendous amount of positive feedback from entrepreneurs and investors who participated in last year's showcase, and we expect even more people to attend this year," said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation, which sponsors the program with the Venture Club of Indiana and Barnes & Thornburg LLP. "The showcase is a great opportunity for entrepreneurs to present information about their companies before potential investors, and it also provides a venue for entrepreneurs to meet with each other and some of the state's economic development and business leaders."
Entrepreneurs participating in the showcase already have raised more than $100 million in funding for their firms. Participating Indiana companies include: Advanced BioImaging Systems LLC, FAST Diagnostics Inc., HealthCall LLC, Thirty-Six Software LLC, Indy Audio Labs Inc., NanoRad LLC, Matrix Bio LLC, Nesch LLC, Precise Path Robotics Inc., Scale Computing Inc., Swift Enterprises Ltd., TechShot Inc., VoCare Inc., Windstream Technologies Inc., First Precision LLC and Ikotech LLC.
"One of our goals is to connect entrepreneurs and expanding company officials with the resources they need to be successful," said Terry O’Neil, president of the Venture Club of Indiana. "Events like the Indiana Innovation Showcase not only provide great venues for entrepreneurs to meet new people, but they also help bring together state leaders and give them the opportunity to learn about the new technologies coming out of Indiana."
Sponsors for the showcase include Barnes & Thornburg LLP, Venture Club of Indiana and Purdue Research Park. The Indiana Economic Development Corporation and Officescape Inc. also are sponsoring the program.
About Barnes & Thornburg LLP
Barnes & Thornburg has more than 60 attorneys who assist clients with various aspects of their labor and employment needs. The firm's clients are exclusively employers ranging in size from Fortune 100 corporations to small entrepreneurships and are in the manufacturing, service, healthcare and transportation industries, as well as the public sector. With more than 540 attorneys and other legal professionals, Barnes & Thornburg LLP is one of the largest law firms in the Midwest and the largest in Indiana. The firm serves clients worldwide from its offices in Chicago, Indiana, Michigan, Ohio, Delaware, Minneapolis, Atlanta and Washington, D.C.
About Venture Club of Indiana
The Venture Club of Indiana is a member-based, volunteer-led organization that has thrived on the ideas and efforts of its members since its inception in 1984. It is dedicated to helping entrepreneurs, investors and the professional community in the realm of economic development.
About Purdue Research Park
With about 200 companies, the Purdue Research Park has the largest university-affiliated business incubation complex in the country. The Purdue Research Park is part of the Purdue Research Foundation, a private, nonprofit foundation created to assist Purdue University in the area of economic development. The 80-acre Purdue Research Park at AmeriPlex-Indianapolis is part of the 1,000-acre AmeriPlex business park, which is under development by Holladay Properties Inc. For more information, visit http://www.purdueresearchpark.com
As a leading office service and technology company, Officescape integrates the most advanced information technology with the well-established "office suites" industry into a mobile and secure working platform for today's business professionals. Officescape's virtual and physical office services offer flexible terms and unprecedented efficiency.
Created by Gov. Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Daniels. Indiana Secretary of Commerce Mitch Roob serves as the chief executive officer of the IEDC. For more information about IEDC, visit http://www.iedc.in.gov