Congratulations to Purdue University
and its departments and subsidiary organizations, including
Purdue Research Foundation
,
Purdue Ventures
and the
Office of Technology Commercialization
, for helping the university to hit this major milestone.
In 2013, the startup accelerator,
Purdue Foundry
, was established offering Purdue
faculty, staff and students
a “one-stop shop” for establishing and developing their startups. Since then, startups at Purdue have raised
$352 million in funding with more than 94% still in operation.
These achievements have resulted in international attention from some very large companies as
nine have sold for more than $2.3 billion.