Purdue Research Park Background

Purdue Research Park West Lafayette, IN https://www.purdueresearchpark.com/ Indiana’s largest research park 591 total acres/38 buildings/more than 1 million square feet of buildings developed 68 high tech firms/ 36 additional companies Companies include those involved in computer and industrial technology/engineering, bio-medical and other research and application, life sciences, pharmaceuticals and the services industry The largest university-affiliated, state-of-the-art business incubator facilities in the nation Impressive Economic Progress of Purdue Research Park Companies $32 million capital raised $58,000 gross payroll per employee average amongst start-up companies in the Purdue Technology Center 2200+ employees in the park Purdue Gateways program provides growth catalyst and business development support Access to world class faculty, staff, students and graduates at Purdue 15 new businesses in past year 9 companies grew by 13,000 square feet within past year Four incubator locations within the park: Purdue Technology Center — opened 1999 (May) Business & Technology Center — opened 1993 Innovation Center — opened 1999 (Nov.) Hentschel Center — opened 1964 Vistech 1 - Privately owned "graduation" facility — 72,800 sq. ft. 6 companies in Vistech 13 "graduates" in other park buildings Next steps: Development of a new Life Sciences cGMP Pharmaceutical facility Development of an additional 1 million square feet