FOUNDRY NEWS

Indiana Biosciences Research Institute licenses Purdue technologies under university agreement

November 08 2017

The Indiana Biosciences Research Institute on Wednesday (Nov. 8) announced it has licensed two Purdue University life sciences technologies through the Purdue Research Foundation Office of Technology Commercialization.

These are the first technologies licensed under the memorandum of understanding between IBRI and four of Indiana’s research universities, which allows technologies to be licensed at pre-defined terms.

The agreement enables the IBRI more rapid access to available technologies that can be combined with its own research to create synergies and help commercialize technologies more quickly.

“It is particularly gratifying that the IBRI is looking first to the potential of Indiana inventions from the state’s own research universities for its initial development projects,” said Dan Hasler, chief entrepreneurial officer of the Purdue Research Foundation. “We are excited to see the vision of our statewide agreement begin to bear fruit, accelerating the licensing timeline to help expedite IBRI’s research and potential commercialization to improve the lives of patients and those Hoosiers who will earn a livelihood making it available.”

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Collaboration aimed at developing STEM education tool using rapid innovation

November 08 2017

Purdue University’s Industrial Design Senior Capstone is collaborating with SDI Innovations to develop STEM education tools on a semester-long project with the aim to develop a tangible and market-ready product to be commercialized by SDI Innovations’ resources.

TJ Kim, associate professor of industrial design in Purdue’s Department of Art and Design, and his senior capstone industrial design students are teaming with SDI’s David Sanders, director of product development, and Ty Martorano, a product development specialist.

“We want to innovate the teaching styles in K-12 schools with the STEM education tool,” Kim said.

SDI Innovations is a local entrepreneurial parent company assisting daughter companies, such as School Datebooks, Eventlink and Ag Printers, in the development of technology-based products. Similarly, the company is collaborating with the Industrial Design Capstone to develop and commercialize a startup producing STEM education kits and workbooks.

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Purdue@WestGate connects entrepreneurial communities through regional events

November 08 2017

Purdue@WestGate recently connected entrepreneurial communities in WestGate Technology Park and Terre Haute through the recent Fail Fest Wabash Valley 2017.

WestGate@Crane Technology Park Tenant, Artisan Electronics, recently celebrated its 21st year in the park and attended the event with Purdue@WestGate. During the event, more than a dozen speakers discussed the role that failure played in their professional lives.

“Fail Fest was a great event,” said Greg Sapp, Artisan Electronics vice president of operations. “It’s refreshing to see entrepreneurs from different backgrounds and walks of life who all struggle with but, ultimately, overcome similar obstacles. It definitely recharged me and reminded me that I need to tackle every problem head-on and work every day to ensure success.”

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International manufacturing technology company opens offices in Purdue Research Park

November 07 2017

Qee-Composites Inc., an international company that focuses on the development and sales of tailored composite manufacturing equipment for cost-effective, high-volume production, has moved into the Purdue Research Park of West Lafayette.

Qee-Composites’ patented Qee-Tech® technology was developed by its parent company, Eelcee. Qee-Tech is a preforming technology enabling cost-effective production of 3-D shaped composite parts using continuous carbon or glass fiber. Eelcee and Qeestar, both closely linked to Qee-Composites, have operations in South Korea and planned expansion in Europe.

A key element in the Qee-Tech production is the Qee-Tech Cell developed and sold by their sister company Qeestar Co. Ltd.

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Purdue Foundry, Krannert present ninth year of helping veterans with disabilities launch startups

November 07 2017

Participants in the ninth Entrepreneurship Bootcamp for Veterans with Disabilities recently completed nine days of workshops on the Purdue campus. The collaborative program is offered by Purdue Foundry and Purdue’s Krannert School of Management to help veterans launch startups and advance economic development.

Participants in the program go through a variety of academic and project-based programs including:
“The Purdue Foundry already has a strong track record of helping entrepreneurs with startups, and we are honored to combine our resources with the Krannert School of Management to help our veterans,” said Greg Deason, senior vice president of the Purdue Research Foundation and director of innovation and entrepreneurship at Purdue’s Burton D. Morgan Center for Entrepreneurship in Discovery Park. “This year, 22 veterans are using this program to learn how to launch and operate their own businesses.”

  • A month of online self-study that covers a variety of entrepreneurial topics.
  • Nine days of campus workshops led by Purdue faculty and staff experts designed to provide focused, practical training in the tools and skills of new venture creation and growth.
  • One-on-one mentoring from Purdue experts who provide practical information and link entrepreneurs to needed resources and networking opportunities to launch a startup.

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Purdue student business competition to award $100,000 in cash prizes

November 07 2017

Purdue University students can receive up to $100,000 in cash prizes to advance their startups through the Burton D. Morgan Business Model Competition.

The competition marks the 31st year of the event, which has brought numerous Purdue innovations to the marketplace. Over its history, the competition has given away over $1.7 million in prize money. In the last five years alone, 23 winners have gone on to launch their own businesses. Two winners have been named to Forbes 30 under 30 list, and six finalists have raised over $4 million in capital. On average, 50 percent of finalists have started their own businesses.

The public is invited to attend the competition, which will run from 8 a.m. to 5 p.m. in the Honors College Great Hall at the Honors College and Residences and is sponsored by the Burton D. Morgan Center for Entrepreneurship in Purdue’s Discovery Park and Krannert School of Management.

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SPEAK MODalities honored for best product design for scientifically validated tools to treat speech and language disorders

November 07 2017

SPEAK MODalities LLC, a company that develops software tools to help children diagnosed with severe, nonverbal autism or other communicative disorders, was recently recognized for best product design in the medical devices category at the 2017 Electronic Component News Impact Awards in Chicago.

The award recognizes excellence in design engineering. Finalists are judged by peers in their respective industries to identify products that made the greatest impact in the last year.

Based on Purdue University innovation, the company’s digital applications are grounded in scientific research.

“We pursue an approach known as ‘participatory design’ in the design and development of our technology,” said Oliver Wendt, co-founder of SPEAK MODalities and chief science officer. “Parents, caretakers, clinicians, and teachers, all of the people involved in the life of the individual who is faced with communication challenges, were instrumental in helping us develop and commercialize the crucial elements of our technology.”

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Prime Coalition closes $1.1 million in seed round for Anfiro desalination water technology

November 06 2017

Anfiro Inc., a water technology startup based in Cambridge, Maine, has closed its $1.1 million seed round with support from PRIME Coalition.

The financing enables the development of Anfiro’s energy-efficient water membranes shown to reduce the cost and energy of desalination and water treatment, providing affordable freshwater and reducing greenhouse gas emissions at global scale. The technology was developed at and licensed from Purdue University and the University of Notre Dame to Anfiro.

PRIME Coalition participants in the funding round include the Ellis Family Fund at the Boston Foundation, Casey and Family Foundation, Incite Labs, Saunders Hotel Group, Autodesk Foundation, Will and Jada Smith Family Foundation, Blue Haven Initiative, and two anonymous individuals. In addition to PRIME’s syndicate of investors,

Anfiro received investment from the Massachusetts Clean Energy Center, the Foundry Investment Fund of Purdue Research Foundation and an anonymous individual.

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Artisan celebrates more than 20 years in operation, expansion in Purdue@WestGate Community

November 02 2017

Artisan Electronics Inc., an engineering and technical services company, announced an expansion of more than 20 percent as it celebrates over 20 years of operation in southern Indiana.

The company has expanded to a larger facility in the WestGate@Crane Technology Park. “In the past few months, our workforce has expanded by 21 percent,” said Greg Gossett,

president

and owner of Artisan Electronics. “As a result of our growth, we needed more space. The new building will provide more working space in addition to offering warehouse and lab areas that will give us opportunities for new business development.”

Artisan specializes in test engineering, including testing and repair of electronic assemblies, components, circuit

cards

and systems. Launched on Gossett’s dining room table in 1996, Artisan has its beginnings in southern Indiana. Artisan’s newly expanded workforce consists of high technology job positions, strengthening the labor force in the WestGate and surrounding communities.

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Free seminar to provide licensing strategies for WestGate innovators

November 02 2017

‘How to License IP’ seminar will be offered by the Purdue Office of Technology Commercialization at no cost to WestGate tenants and members from 3:30 to 4:30 p.m. ET, Tuesday (Nov. 7) in the WestGate Academy at 13598 East WestGate Drive, Odon, Indiana.

The seminar is part of the Purdue@WestGate initiative to bring programs and further opportunities to WestGate.

Presenters include Brooke Beier, executive director, and Emily Najem, corporate counsel and director of strategic communications, both from the Purdue Office of Technology Commercialization.

“There are a lot of factors involved in licensing intellectual property,” Beier said. “The primary goal of this seminar is to help researchers and entrepreneurs in WestGate gain as much knowledge about the process as possible so they can make qualified IP decisions or know where they can go to get the assistance they need.”

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