Purdue dedicated Technology Center of Southeast Indiana
Purdue University officials and local dignitaries dedicated the 40,000-square-foot Purdue Technology Center of Southeast Indiana on Wednesday (Oct. 1).
The Purdue Technology Center of Southeast Indiana is one of four Purdue Research Park centers around the state that serve as incubators for startup or expanding companies. It also is home to most of the classrooms, labs and faculty offices for Purdue's College of Technology at New Albany location.
Boot camp offered for entrepreneurs looking to take funding step
Purdue faculty, staff, students and collaborators can learn about what's needed to launch a company at the university's third annual Company Fund Raising Boot Camp on Oct. 13-14 in Discovery Park.
Michael Birck, chairman and founder of telecommunication giant Tellabs Inc. and a Purdue trustee, is the keynote speaker for the event at the Burton D. Morgan Center for Entrepreneurship, Room 121. Birck's talk, "Founding and Growing a Company," is at noon Oct. 13.
Purdue University leads the Big Ten in moving its discoveries from the laboratory to the marketplace, and with a new program and support of Purdue alumni, it stands to do even better.
"Not only is Purdue first in the Big Ten for filing patents and starting new companies, but we are third in the nation behind the University of California and the University of Utah for our respective technology transfer statistics" said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation, which oversees Purdue's Office of Technology Commercialization. "In 2007, Purdue had 10 startup companies based on Purdue University technologies. In 2006, we had 14 startup companies from discoveries made at Purdue.
Purdue Research Foundation announces 10 new companies formed from Purdue University discoveries
Purdue Research Foundation's Office of Technology Commercialization announced Friday (July 25) that 10 new startup companies were formed from Purdue University-licensed technologies.
The Office of Technology Commercialization reported that the companies were launched in the fiscal year running from July 2007 to June 2008. The office's technology transfer managers work with Purdue researchers in moving their discoveries into development and delivery through viable commercial enterprises. Most of the companies are in the fields of medical devices, life sciences, information technology, agriculture, advanced manufacturing, telecommunication and engineering design.
Purdue's new fund will help startup companies commercialize research discoveries
Purdue Research Foundation and Purdue University officials announced Wednesday (July 2) a new philanthropic initiative that will provide financial support for startup companies to expedite moving research discoveries from the laboratory through development to commercial delivery.
The Emerging Innovations Fund will provide commercialization funding support for early-stage technologies through small, finite grants. The funds to support the venture are in the process of being raised privately and initial capitalization will be $1.5 million.
Officials from Purdue Research Park-based companies can get ideas and strategies on how to increase sales and profits during a July 22 workshop offered at Purdue University.
The "Bigger Profits through Targeted Sales" workshop is designed for entrepreneurs and business owners interested in creating and expanding their companies. The event will be held from 7:30 a.m. to 6 p.m. in the Dauch Alumni Center at 403 West Wood St. in West Lafayette, Ind.
Purdue will highlight life sciences teamwork at global BIO 2008
A delegation from Purdue's Discovery Park and the Purdue Research Park will join global leaders next week at the BIO 2008 International Convention, showcasing how they are working together at the state, national and international levels to help heal, fuel and feed the world.
Slated for June 17-20 at the San Diego Convention Center, the annual event, sponsored by the Biotechnology Industry Organization, is expected to draw 20,000 corporate executives, researchers, government officials and venture capitalists for three days of networking and learning.
Dedication, house blessing planned for Purdue Research Park companies' Habitat for Humanity project
The dream of having a home with a white picket fence will become reality for Lafayette resident Marjorie "Margie" Britton when the Purdue Research Park companies' Habitat for Humanity of Lafayette home is dedicated on Sunday (June 8).
The $40,000 West Lafayette home is the culmination of the combined efforts and contributions of volunteers from the Purdue Research Park and many park companies. Construction on the home began April 12.
BASi adds vice president of quality
BASi officials announce that Kathleen Hodges has joined the company in the new position of vice president of quality.Hodges will report directly to Richard Shepperd, president and CEO of BASi (Bioanalytical Systems Inc.). She will have corporatewide responsibility for all matters relating to quality and regulatory issues
Seyet officials open new office in San Francisco, add vice president of business development
Seyet LLC officials announced that they are opening a new division in San Francisco and have hired an on-site director to manage the office.
Skip Sanzeri of Hillsborough, Calif., has been named vice president of new business development for the area. The new office is at 5 Thomas Mellon Circle in San Francisco Executive Park, located near Candlestick Park.
'PRF DataStation' provides secure, expanded network of information technology services
Purdue Research Foundation officials announced Tuesday (May 20) a high-security "PRF DataStation" that will provide the necessary network of information technology needs for new and growing companies.
The energy-efficient center is a network carrier in a single location that provides fiber-optic connections where clients can lease cabinets or space within cabinets to house their network servers and other information technology equipment.
Designer aviation fuel may provide cleaner, greener, cheaper alternative
Swift Enterprises Ltd. has unveiled a new general aviation fuel that is less expensive, fuel-efficient and environmentally friendlier than any on the market, said co-founder John Rusek.
The general aviation industry includes all flights other than military and scheduled airline flights, both private and commercial. Data on Swift Enterprises' 100 percent renewable general aviation fuel was presented April 28 at an annual meeting of an international committee that oversees aviation fuel standards. Unlike current biomass fuels, SwiftFuel is comprised of synthetic hydrocarbons derived from biomass. Rusek said it can provide an effective range (distance between refueling) greater than petroleum while its projected cost is half the current petroleum manufacturing cost.
Purdue Research Foundation officials announce statewide technology centers director
Purdue Research Foundation officials announced that John M. Hanak will serve as director for the Purdue Research Park's four statewide technology centers.
The Indiana centers in operation or under construction are the Purdue Technology Center of West Lafayette, located in the Purdue Research Park; the Purdue Technology Center of Northwest Indiana in Merrillville; the Purdue Technology Center of Southeast Indiana in New Albany; and the Purdue Technology Center of Indianapolis. The centers offer space for new and expanding companies and provide business acceleration programs, leasing plans, conference rooms and human resources, and media relations and marketing assistance. Hanak begins his new responsibilities immediately.
Three companies based on Purdue research to explore venture capital opportunities in Silicon Valley
Three Indiana companies launched from research developed at Purdue University have won the opportunity to make formal presentations for funding from venture capital firms in Silicon Valley in mid May.
Moerae Matrix LLC, Kylin Therapeutics Inc., and Events 180° LLC were picked from several businesses that participated in the Fund Raising Boot Camp last October at Discovery Park's Burton D. Morgan Center for Entrepreneurship. Through their selection, camp sponsor Lonergan Partners will finance transportation and other arrangements for the trip to California on May 12-14.
Findings a step toward making new optical materials
Chemical engineers have developed a "self-assembling" method that could lead to an inexpensive way of making diamondlike crystals to improve optical communications and other technologies.
The method, developed at Purdue University, works by positioning tiny particles onto a silicon template containing precisely spaced holes that are about one-hundredth the width of a human hair. The template is immersed in water on top of which particles are floating, and the particles automatically fill in the holes as the template is lifted.
Purdue Technology Center, Quadraspec finalists in separate categories for two international awards
The National Business Incubation Association named the Purdue Technology Center and Quadraspec Inc. as finalists for two international awards at its annual nominations meeting in Athens, Ohio.
The Purdue Technology Center is a 2008 Outstanding Incubator of the Year Award finalist and Quadraspec is a 2008 Outstanding Incubator Graduate Award finalist. The winners will be announced May 6 at the organization's 22nd International Conference on Business Incubation in San Antonio.
Purdue Research Park breaks ground, announces gift for new tech center
The Purdue Research Park broke ground Monday (April 7) on a nearly 13-acre expansion for which the wife of a Purdue University alumnus has donated $3 million to help fund a new technology center.
The deferred gift from Heddy Kurz of Louisville will be applied toward construction of Purdue Research Park's $14.5 million Purdue Technology Center II building, which will be located at 1280 Win Hentschel Blvd. The center will support about 275 jobs and 26 companies. The average annual wage of employees working in the park is $52,000.
Student, faculty entrepreneurs elevate their sales pitch to victory
A Purdue University senior in health sciences and a graduate student seeking his MBA beat out 30 other competitors Friday (March 28) at the second annual Purdue University Elevator Pitch Competition.
John Mullen, of Dayton, Ohio, won the student competition for the best two-minute sales pitch for his company EcoDisc Inc., which is developing a biodegradable shooting target.
Nominations are being accepted for the Purdue Research Park's second annual summer academy, which allows Indiana high school juniors and seniors to participate in entrepreneurship-based opportunities and gain real-world business experiences.
"Last year was the inaugural Entrepreneurship Academy, and the response from participants and teachers was so positive that we are expanding the program to include students from around the state," said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation, which manages the Purdue Research Park.
Purdue Research Foundation official to speak to northern Kentucky, southern Indiana business leaders
A Purdue Research Foundation official will talk to southern Indiana and northern Kentucky business leaders Wednesday (March 5) about a Purdue Research Park initiative and its new facility in southeast Indiana.
Joseph B. Hornett, Purdue Research Foundation senior vice president, treasurer and COO, will speak at the Venture Club of Louisville's luncheon from 11:30 a.m. to 2 p.m. at the Galt House in Louisville. Nonmembers can attend the luncheon at a cost of $35. For more information, visit http://www.ventureclub-louisville.org or call (502) 598-6868.
Video showcases interdisciplinary research successes at Purdue's Discovery Park
Purdue's Discovery Park, which has grown into a $375 million hub for interdisciplinary research in just five years, has produced a new video outlining its successes and how the park is helping reinvent the 21st century research university.
The 10-minute video highlights Purdue's interdisciplinary projects in nanotechnology, cancer, alternative energy, entrepreneurship, health-care engineering, life sciences, advanced manufacturing, the environment, cyberinfrastructure, innovative learning and homeland security.
Former Purdue Agriculture Dean Earl Butz dead at 98
Former Secretary of Agriculture and dean of Purdue University's College of Agriculture Earl Butz, died overnight in his sleep in Washington, D.C. He was 98 years old.
ICx Technologies completes initial stock sale to the public
Officials of Griffin Analytical Technologies are pleased to announce that its parent company, ICx Technologies, is now trading on NASDAQ under the symbol "ICXT," following the initial public offering on Nov. 8.
Griffin Analytical, a wholly owned subsidiary of ICx Technologies since 2005, is based at the Purdue Research Park in West Lafayette, Ind. Griffin Analytical was founded in late 2001, secured Series A funding in 2003 and was acquired by ICx in late 2005. Operating as part of the Detection Division within ICx, Griffin provides premium class, on-site chemical detection products focused the security and environmental monitoring markets.
Cell phone sensors detect radiation to thwart nuclear terrorism
Researchers at Purdue University are working with the state of Indiana to develop a system that would use a network of cell phones to detect and track radiation to help prevent terrorist attacks with radiological "dirty bombs" and nuclear weapons.
Such a system could blanket the nation with millions of cell phones equipped with radiation sensors able to detect even light residues of radioactive material. Because cell phones already contain global positioning locators, the network of phones would serve as a tracking system, said physics professor Ephraim Fischbach. Fischbach is working with Jere Jenkins, director of Purdue's radiation laboratories within the School of Nuclear Engineering.
New smart tire senses damage, increases safety
A new type of "smart" tire developed by a Purdue University professor is able to sense damage when a tire goes flat or loses treads, making it safer for road travel.
The tire's technology also can be used to detect impending defects before a tire is mass produced. A team led by Gary W. Krutz, director of Purdue's Electrohydraulic Center and a professor of agricultural and biological engineering, has developed a tire system that senses failures in real time. The concept behind the technology is that the entire tire acts as a sensor that sends information to onboard computers.
Purdue center takes on North American battle against multidrug-resistant tuberculosis
Multidrug- resistant tuberculosis has a new challenger, a center in the Purdue Research Park that on Tuesday (Dec. 11) became the sole North American producer of a potent antibiotic.
The drug, Seromycin, had been developed earlier by Eli Lilly and Co., which, in turn, gave the park's Chao Center for Industrial Pharmacy & Contract Manufacturing the exclusive rights to manufacture, distribute and sell the drug.
Director named for Purdue's $100 million Alfred Mann Institute for Biomedical Development
A former president and CEO of an international producer of medical devices will serve as the executive director of the Alfred Mann Institute for Biomedical Development at Purdue University.
Purdue and Purdue Research Foundation officials announced Friday (Nov. 30) that John C. Hertig, the former president and CEO of Enpath Medical Inc. in Minneapolis, will be the institute's inaugural executive director. The Purdue engineering alumnus begins his duties on Monday (Dec. 3).
First Precision LLC, a Northwest Indiana Purdue Research Parks company, received the grand prize and a Purdue University professor received the Most Innovative New Product Award during the 2007 Venture Idol competition in Indianapolis.
Robert McShane, president and CEO of First Precision, said his company was ranked first by a voting audience and by judges composed of company owners and venture capitalists.
Purdue Research Park receives 'tech park' recertification from state
Officials from the Purdue Research Park and the city of West Lafayette announced Monday (Nov. 5) that the Indiana Economic Development Corp. has recertified the Purdue Research Park as a state Certified Technology Park.
The Purdue Research Park was designated as the state's first Certified Technology Park in 2003. The recertification was announced by Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation, and West Lafayette Mayor Jan H. Mills.
Purdue, community officials celebrate opening of new MRI center to focus on patient care, research
About 150 people gathered Friday (Nov. 2) to celebrate the dedication of the LakeView Technology Center, a building that will provide space for a high-powered magnetic resonance imaging facility to be used for patient care and research.
The 7,800-square-foot MRI center, called InnerVision West, provides a 3-Tesla MRI scanner that offers enhanced resolution over conventional 1.5-Tesla MRI scanners. It is the first machine of this field strength in north-central Indiana.
The senior vice president of the Purdue Research Foundation and the dean of the Purdue College of Technology will speak to southern Indiana and northern Kentucky business leaders about the growing investment of the new accelerator park and Purdue's expanded educational programs in New Albany, Ind.
Joseph B. Hornett, Purdue Research Foundation senior vice president, treasurer and COO, and Dennis R. Depew, dean of the Purdue College of Technology, will speak at 10 a.m. Thursday, Sept. 6 at Kye's at Watertower Square in Jeffersonville, Ind.
Purdue Research Park to feature new MRI center for patient care, research
A building under construction in the Purdue Research Park will provide space for a high-powered magnetic resonance imaging center that will be used for patient care as well as research.
The 26,000-square-foot LakeView Technology Center, 3482 McClure Ave, is located in the Purdue Research Park's Phase II development on a 3.86-acre site just south of Kalberer Road. The 7,800-square-foot MRI center, called InnerVision West, is on the north end of the structure. The building also will house a restaurant, coffee shop and a growing high-tech company. A dedication of the new building is planned for Nov. 2.
Jay T. Akridge appointed interim vice provost for engagement
A Purdue agricultural economist on Friday (July 27) was named as the university's interim vice provost for engagement.
Jay T. Akridge, the James and Lois Ackerman Professor of Agricultural Economics and director of the Center for Food and Agricultural Business, will begin his duties Aug. 1, said interim Provost Victor L. Lechtenberg.
Purdue announces new Indianapolis-based accelerator park
The Purdue Research Foundation announced Thursday (June 28) that it will establish an Indianapolis- based technology park that will help high-tech entrepreneurs create new businesses and promote the expansion of established companies.
The new Purdue Research Park at AmeriPlex-Indianapolis, which is being created in partnership with Holladay Properties Inc., will accommodate up to 75 businesses and create 1,500 jobs with an average annual salary of $54,000. The park will be located along the I-70 corridor and near the midfield terminal of the Indianapolis International Airport.
Research finds evidence tropical cyclones have climate-control role
Purdue University researchers have found evidence that tropical cyclones and hurricanes play an important role in the ocean circulation patterns that transport heat and maintain the climate of North America and Europe.
These findings support a 2001 theory by Kerry Emanuel, a professor of atmospheric science at Massachusetts Institute of Technology, and suggest that there is an additional factor to be included in climate models that may change predictions of future climate scenarios.
Chao Center joins Eli Lilly in the fight against multidrug-resistant tuberculosis
The Chao Center for Industrial Pharmacy & Contract Manufacturing in the Purdue Research Park will become the sole U.S. provider of an Eli Lilly and Co. pharmaceutical drug that will help fight MDR-TB, or multidrug-resistant tuberculosis.
The agreement, announced Wednesday (May 16), states that the Chao Center will gain exclusive rights to manufacture, distribute and sell the multidrug-resistant tuberculosis drug Seromycin. The drug will be made available to consumers in the United States, Canada, Puerto Rico, Guam and the U.S. Virgin Islands.
Companies reap venture capital connections from Discovery Park entrepreneurship boot camp
Three Indiana companies formed from research developed at Purdue University will make formal pitches for funding from Silicon Valley venture capital firms in California this week (May 14-21).
M4 Sciences Corp., MatrixBio LLC and BioVitesse Inc. were selected in March by camp sponsor Lonergan Partners after the Fundraising Boot Camp at Discovery Park's Burton D. Morgan Center for Entrepreneurship.
Students, entrepreneurs compete to elevate business ventures
The Certificate in Entrepreneurship and Innovation Program will hold an Elevator Pitch Competition from 3-5 p.m. April 13 in Room 121 of the Burton D. Morgan Center for Entrepreneurship in Purdue's Discovery Park.
Participants will give a two-minute "pitch" quickly describing their entrepreneurial business venture to a panel of judges. The competition is named for the way in which a concept would be presented to a potential financier on an elevator.
The Mann Foundation for Biomedical Engineering has announced a $100 million gift to endow an Alfred Mann Institute at Purdue University.
The university-based institute is designed to enable the commercialization of innovative biomedical technologies that improve human health. The announcement was made during a joint news conference on Friday (March 16) at Purdue's Biomedical Engineering Building in Discovery Park.