Business incubation at Purdue Research Parks
The Purdue Research Parks’ first business incubator, the Purdue Technology Centers of West Lafayette, has a reputation for graduating high-quality, stable and successful companies. More importantly, even after its client firms leave the incubator, they tend to stay near their “roots” and continue to grow. The West Lafayette-based Purdue Research Park alone has incubation to thank for 702 new jobs with an overall increase in payroll of more than $36 million from 2003-2007.
With the goal of accelerating business growth, this Purdue Research Foundation-developed incubation model is expanding across the state and, in 2008, its conduit of incubators will include: