October 7, 2009

Purdue Research Foundation receives international economic development award

WEST LAFAYETTE, Ind. - Officials from an international economic development organization presented a top award to the Purdue Research Foundation (https://www.prf.org/) during a conference that concluded Wednesday (Oct. 7) in Reno, Nev.

The International Economic Development Council (https://www.iedconline.org/) (IEDC) announced that the Purdue Research Foundation received a 2009 IEDC Excellence in Economic Development Award in the category of Regionalism and Cross-border Collaboration.

"The IEDC is one of the pre-eminent international organizations in economic development, and we are greatly honored to receive this award," said Joseph B. Hornett, Purdue Research Foundation senior vice president, treasurer and COO. "This honor recognizes the quality of work done by the Purdue Research Foundation in supporting new and expanding companies, advancing the mission of Purdue University (https://www.purdue.edu), and stimulating the Indiana economy."

Joseph B. Hornett
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The International Economic Development Council is the largest professional association of economic development practitioners in the world, with members in the United States, Europe, Australia, Canada and New Zealand.

The Purdue Research Foundation received IEDC awards in three categories in 2008: Entrepreneurship, Partnerships with Educational Institutions, and Technology-Based Economic Development.

About IEDC

The International Economic Development Council is a nonprofit membership organization dedicated to helping economic developers do their job more effectively and raising the profile of the profession.

About Purdue Research Foundation 

The Purdue Research Foundation is a private, nonprofit foundation created to advance the mission of Purdue University. The foundation accepts gifts; administers trusts; funds research, scholarships and grants; acquires property; and negotiates research contracts on behalf of Purdue. In the 1990s, the foundation was charged with helping the university in the realm of economic development. The Purdue Research Foundation oversees the Purdue Research Park, which is the largest university-affiliated business incubator in the country. In addition to the Purdue Research Park of West Lafayette, the foundation has established technology parks in other locations around Indiana including Indianapolis, Merrillville and New Albany.

To the Purdue Research Park, https://www.purdueresearchpark.com

Purdue Research Park contact:
Steve Martin, 765-588-3342, sgmartin@prf.org

Source:
Joseph B. Hornett, 765-588-1039, jbhornett@prf.org