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Purdue creates one-stop shop to streamline and strengthen commercialization resources

Purdue University has created a new structure to increase support for researchers who want to bring their technologies from the lab to the marketplace.

The newly launched Purdue Innovates will streamline access to both tech commercialization resources and start-up support resources by putting a number of key programs under one roof, including the Office of Technology Commercialization, Purdue Ventures, the Start-up Foundry, and partnership programs like the Silicon Valley Boilermaker Innovation Group.

“We wanted to create an ecosystem that embraced all Boilermakers by supporting both Purdue-owned intellectual property and start-ups that have their own intellectual property but have some other connection to Purdue, such as an alum,” says Brooke Beier, senior vice president of Purdue Innovates.

“We are proud of our past accomplishments but strive to raise the bar a level higher,” Beier adds. “We want to continue seeing Purdue technologies make an impact on the world via our commercialization and licensing partners, as well as our Purdue-connected start-ups receiving Series A investment and beyond, and our students getting exposure to start-up internship and employment opportunities during their time on campus. Purdue Innovates is the culmination of all these past successes, and we will continue to build on them.”

Source: Purdue Research News

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