Purdue University has been hand-picked by Big Idea Ventures LLC, a global leader in early-stage food technology and alternative protein investment, for a new fund to commercialize university intellectual property. The new Generation Food Rural Partners (GFRP) fund is a $125 million target fund that will fuel economic development in rural communities across the United States through [...]
A virtual pitching event has offered Purdue University-affiliated startups the chance to connect with potential customers and agriculture leaders during the pandemic. Fish Tank was a virtual pitching event held earlier this month during the Purdue Ag Alumni Association’s Gone Fishin’ event, the virtual alternative to its annual Fish Fry. The Fish Tank featured 12 Purdue [...]
Novel innovations from inventors around the state of Indiana will be on display at the 2021 Purdue Technology Showcase. This year’s theme is “State of Innovation.” The Purdue Research Foundation Office of Technology Commercialization is hosting the annual showcase, being held virtually this year Feb. 10-11. Registration by Feb. 9 is required to receive the link for joining the showcase. [...]
The IU Angel Network has launched an initiative targeting entrepreneurs and startups in the sports world. The organization says the Sports Innovation Initiative will connect sports-related startups founded by Indiana University alumni and students with support and expertise in order to commercialize their ideas. The effort was created in partnership with the IU athletics department [...]
Indiana University has launched its Academic Accelerator program to promote the development of new high-tech ventures. The initiative launched in partnership with the National Security Innovation Network, a program within the U.S. Department of Defense, and Eccalon, a leading research and technology commercialization company. IU is one of four universities in the inaugural cohort designed [...]
Purdue University inventors who are prepared to move their innovations to market have until Feb. 19 to apply for funding through the Trask Innovation Fund. The fund is designed to advance the commercial potential of Purdue intellectual property through short-term research projects. Submitted proposals will be reviewed by the Purdue Research Foundation Office of Technology Commercialization based on criteria including [...]
The Purdue Ag-Celerator has invested a total of $100,000 in a Purdue University startup for the fall round of investment. The recipient is DISCOVER (DIagnostic Sensors for Cause of bOVinE Respiratory disease), a startup created by Mohit Verma, an assistant professor of agricultural and biological engineering at Purdue. DISCOVER is a device for suggesting which antibiotic is most [...]
A new funding option is helping provide support for Purdue-affiliated startups looking to gain traction and improve the world through innovative technologies. The Purdue Startup Fund was started in 2020 by Purdue Ventures, an arm of the Purdue Foundry. The Foundry is an entrepreneurship and commercialization hub whose professionals help Purdue innovators create and grow startups. “This [...]
From doubled conversion rates to significantly increased margins, 14 Purdue University-affiliated startups have found success through a new program with the Purdue Foundry. Started in 2019, the Double Down Experiment (DDX) is designed to help startups identify and overcome the challenges of launching a high-growth business. DDX just graduated its first two cohorts. Some of the DDX [...]
Diagnostic cancer testing startup Amplified Sciences is the first company to receive a double investment through IU Ventures' startup support ecosystem. After receiving an investment from the IU Philanthropic Venture Fund in April 2020, Amplified Sciences attracted a $25,000 investment through the IU Angel Network in June. "An objective of IU Ventures is to introduce each founder we meet to resources to support [...]