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Welcome to the Foundry.

WHERE LEARNING BECOMES DOING. The Foundry is a hub to transform innovators into entrepreneurs. Here, Purdue faculty, staff and students find fast, effective ways to move their ideas to the marketplace. We've focused Purdue's vast resources to accelerate and improve advancement of Purdue ideas and innovations that are changing our world.

Get the Help You Need.

HERE'S WHAT WE CAN DO FOR YOU. The professionals working in the Foundry can provide guidance for Purdue innovators on business plans, prototype development, funding, grant writing, regulatory requirements, mentoring and other entrepreneurial activities.

Welcome to the Foundry
Get the Help You Need
About the Foundry Where startups take shape.

Mission: The Purdue Foundry will serve innovators by providing entrepreneurial resources that are aimed at launching new ventures.

Based in Discovery Park's Burton D. Morgan Center for Entrepreneurship, the Foundry enhances the outstanding activities already taking place in the facility. The Foundry supports faculty, staff and student innovators in all Purdue colleges and departments, and actively engages outside businesses and investors to encourage collaborative research and startup development.

Foundry professionals can provide guidance to entrepreneurs on business plans, prototype development, funding, grant writing, regulatory requirements, mentoring and other entrepreneurial activities.

What's Happening

Upcoming Events

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Services Needs? Prepare to be met.

You have a great idea — a unique solution, an efficient process, a way to change the world. But there are many obstacles between your mind and the marketplace. Clear them all with help from the Foundry, which offers comprehensive services driven by the goal of moving Purdue innovations to the public. They include:

  • Workshops and Seminars
  • Commercialization
  • Mentoring
  • Consultation
  • Needs Assessment
  • Ideation
Workshops and Seminars

The Foundry offers a number of workshops and seminars relevant to starting and growing a company. Topics ranging from corporate formation and team-building to legal matters and funding are aimed at informing existing and new inventors, entrepreneurs and founders about issues relevant to starting their business.

Purdue University offers significant opportunities to learn from experts. Resources include:

  • Certificate in Entrpreneurship and Innovation Program in the Burton D. Morgan Center
  • Krannert School of Managment
  • Purdue Office of Technology Commercialization Seminars
Commercialization

For Purdue intellectual property, the Office of Technology Commercialization (OTC) plays the key role in evaluation and protection. The Foundry collaborates closely with the office to ensure coordinated approaches to commercializing technology — specifically to provide tools and resources that relate to technology commercialization.

Resources are aimed at helping innovators, entrepreneurs and founders determine strategies for their startup that will enable ultimate commercialization of their technology idea. For additional information, click here for the Purdue Startup Guide.

Mentoring

Mentoring within the Foundry seeks to identify Purdue alumni who have relevant experience that they can share with you along your pathway from idea to market. With more than 400,000 Purdue alumni, there are significant opportunities for Purdue inventors, entrepreneurs and founders to receive expert advice and insight into technical and business-related matters.

Within the mentoring area, some alumni advisors may offer short specific consultations while others may choose deeper engagements with startup companies.

Consultation

At the Foundry, consultation with innovators, entrepreneurs and founders is a highly customized process. While we have a diverse roster of experts available, we want the guidance you receive to meet your specific needs. After we discuss your vision and your goals, we finely hone our consultative strategy to best help you.

Throughout various stages of idea and strategy development, the Foundry team will provide direct advice and make full use of our networks to offer advice and guidance that can help launch your startup.

Needs Assessment

Needs assessment for Foundry clients involves idea review and team resources review. This process involves collaboration with the Foundry team, specifically with the Entrepreneurs in Residence, to evaluate an innovative idea as well as financial resources.

Needs assessment helps identify first markets, first customers, first prototypes, first teams and first funding sources along with critical next steps and resources for a startup.

Ideation

Ideation is a highly creative process that leads entrepreneurs and inventors through various stages of their innovative idea. Desired outcomes of ideation include: articulating new ideas and concepts, identifying value propositions, and creating initial pathways to take an idea from innovation to development to actualization.

The Foundry offers LaunchBox, which uses Wendy Kennedy's So what? who cares? why you? methodology, as an ideation workshop for inventors, founders and entrepreneurs. The methodology consists of visual, interactive tools that have founders explore, discuss and develop each element of the value proposition puzzle. WKI Certified Coaches will guide clients as they model their idea thorugh the So what? who cares? why you? methodology to discover the business value of the idea.

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765.588.5250

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Burton D. Morgan Center
1201 West State Street, W. Lafayette, IN 47907

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