Contents
Overview
Purdue University is a land-grant institution founded by John Purdue in 1869. From its inaguaration, Purdue offers over 211 different majors for undergraduate students and over 70 majors for graduate students through it's various colleges including College of Agriculuture, Education, Engineering, Health and Human Sciences, Liberal Arts, Management, Pharmacy, Polytechnic Institute, Science, and Veterinary Medicine. Purdue Engineering has been ranked as the 9th best for undergraduates as well as ranked 3rd for largest international student population. Purdue Polytechnic Institute is one of the largest technology schools in the United States and currently tied for first place in rankings. The Technology Education program, offered jointly with the College of Education, ranks first in the nation. The Polytechnic Institute is unique at Purdue in that its programs are offered at nine different locations throughout the state of Indiana, including several locations that are not satellite campuses of the Purdue University system.
Innovation Resources
Purdue University has several resources at various phases associated with Innovation and Entrepreneurship. Resources are included but limited to the list below.
Academic Programs
- Lean Launchpad Course
- Certificate in Entrepreneurship program
- Technology Realization Course
- Senior Design Classes
- PREPP Fellowship
- DIFF (Deliberate Innovation For Faculty)
- BioMedship
School Resources
- Office of Technology Commercialization
- Burton Morgan Center for Entrepreneurship
- Krach Leadership Center
- Kurtz Technology Center
- Purdue Research Park
- Startup Weekend
- TEDx
- BoilerMake Hackathon
- Discovery Park
- Discovery Learning Research Center Design Lab
- Anvil
- Foundry
- Birck Nanotechnology Center
- Business Plan Competitions
- Elevator Pitch Competition
- BoilerMaker Lab
- AFL Lab
- Innovation and Seed Funds
Student Organizations
The following students organizations are focused on various phases associated in the innovation process with many of them primarily focusing in the ideation and prototyping stages.
- Purdue Mechatronics Club
- Makers Club
- AMET Club
- IEEE Club
- Entrepreneurship and Innovation Club
- Science and Engineering Business Club
- 3D Printing Club
- Graphic Design
- Hackers Club
- Industrial Design
- Purdue Student Government
Successful Startups
Purdue University is the birthplace for a wide range of startups focusing on various applications and platforms. Purdue Research Parks of West Lafayette are home to the largest cluster (100+) of technology-based companies collaborating with industries across the state. As Indiana's first designated certified technology park, the research park and its business acceleration model have received state and national recognition.
The 725-acre park boasts more than 50 buildings; more than 3,200 employees; 327,000 square feet of business incubation space; and an average wage for startup companies in excess of $63K. Companies that have space at the Purdue Research Park of West Lafayette include 3M, Boeing, General Electric, Rolls Royce, Cook Biotech, Delphi, Dow Agro, and HP Entreprises. Some of the recent and popular ones are
- Symic Biomedical Inc.
- SpeechVive Inc.
- Spero Energy Inc.
- DATTUS
- Vibronix Inc.
- Drug Free Therapeutix
- SpeakMODlities
- ZeroUI
- GeniPhys LLC
- AniDyn Inc.
Sustaining Success in Innovative Startups
Empowering Students
The Purdue Center for Regional Development (PCRD) seeks to pioneer new ideas and strategies that contribute to regional collaboration, innovation and prosperity. Founded in 2005, the Center partners with public, private, nonprofit and philanthropic organizations to identify and enhance the key drivers of innovation in regions across Indiana, the U.S. and beyond. These drivers include a vibrant and inclusive civic leadership, a commitment to collaboration, and the application of advanced data support systems to promote sound decision-making and the pursuit of economic development investments that build on the competitive assets of regions.
Outside the university campus, PCRD has a rich history of working with a number of state and regional organizations. These groups include the Indiana Association of Regional Councils, the Indiana Economic Development Association, the Indiana Office of Small Business and Entrepreneurship, the Office of Community and Rural Affairs (OCRA), the Indiana Office of the USDA Rural Development agency and more. Counties exploring the formation of a new regional organization are welcome to seek the assistance of PCRD as well.
Exigencies
After extensive research and analysis, we found the following exigencies at Purdue Universaity in association with Innovation and Commercialization:
Possible Solutions
If you are a Purdue student, you can help make Purdue an even better place for student entrepreneurship! To find out how, get in touch with the current University Innovation Fellows at Purdue and consider joining the team: Dominick Lee, DominickLee@purdue.edu and Vignesha Bhamidi, CB@purdue.edu. You can also contact former University Innovation Fellows Ian Hamilton( ihamilt@purdue.edu) and Jeff Ackerman (ackermaj@purdue.edu) to gain insights about the University Innovation Fellowship program and their entrepreneurial experiences!