Funding for Startups

The Purdue Research Foundation (PRF) helps find and provide support for startup companies. By providing funding for very early-stage companies through the programs explained here, the foundation helps speed the process from discovery to impact.

Ag-celerator

The Ag-celerator is an innovation fund designed to provide critical startup support for Purdue innovators who wish to commercialize patented intellectual property-based technologies in plant sciences, including areas of research in crop optimization, hybrid and seed development, and precision agriculture.

Elevate Purdue Foundry Fund

The Elevate Purdue Foundry Fund is operated jointly by the Purdue Foundry and Elevate Ventures to further expedite the translation of life-changing intellectual property. Qualifying startups must be Purdue Foundry clients and also must have completed Foundry's certification.

Foundry Investment Fund

The $12 million Foundry Investment Fund, a not-for-profit fund, seeks to join with other investors to fund companies that are based on Purdue technology or expertise in the areas of human and animal health as well as plant sciences. This fund provides a match to outside investors' funds, adding critical capital for the transition from the discovery of a promising technology to the founding of a viable life sciences company. Returns on the investments will remain in the fund for future investments.

Purdue Startup Fund

The Purdue Startup Fund (PDF) was launched to maximize Purdue's commitment to serve others through the commercialization of innovations. As part of this initiative, a $5 million matching program will provide a 1:1 match for gifts to this fund, resulting in more than $10 million to expedite and generate even more commercialization and startup creation.

Trask Innovation Fund

Trask Innovation Fund supports short-term projects that will enhance commercial value of Purdue University intellectual property assets. The Trask Innovation Fund is a competitive program available to Purdue innovators to fund activity in the innovator's Purdue laboratory. OTC has awarded over $2.6 million collars to 69 technologies over the last 10 years.

 

 

 

 

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