sealPurdue Research Park Background
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Purdue Research Park
West Lafayette, IN
http://www.purdueresearchpark.com/

  • Indiana’s largest research park

  • 591 total acres/38 buildings/more than 1 million square feet of buildings developed

  • 68 high tech firms/ 36 additional companies

    • Companies include those involved in computer and industrial technology/engineering, bio-medical and other research and application, life sciences, pharmaceuticals and the services industry

  • The largest university-affiliated, state-of-the-art business incubator facilities in the nation

  • Impressive Economic Progress of Purdue Research Park Companies

    • $32 million capital raised
    • $58,000 gross payroll per employee average amongst start-up companies in the Purdue Technology Center
    • 2200+ employees in the park
    • Purdue Gateways program provides growth catalyst and business development support
    • Access to world class faculty, staff, students and graduates at Purdue
    • 15 new businesses in past year
    • 9 companies grew by 13,000 square feet within past year

  • Four incubator locations within the park:

    • Purdue Technology Center — opened 1999 (May)
    • Business & Technology Center — opened 1993
    • Innovation Center — opened 1999 (Nov.)
    • Hentschel Center — opened 1964

  • Vistech 1 - Privately owned "graduation" facility — 72,800 sq. ft.

    • 6 companies in Vistech
    • 13 "graduates" in other park buildings

  • Next steps:

    • Development of a new Life Sciences cGMP Pharmaceutical facility
    • Development of an additional 1 million square feet