The Purdue Technology Center of NW Indiana is MORE THAN JUST A BUILDING…
This technology-based business incubator serves to assist companies develop their emerging or cutting-edge technologies from an early and fragile stage of development to a stable, self-supporting launch to commercialization…and beyond. Specialized facilities and support services are provided.
High Tech Advantages
The Purdue Technology Center of NW Indiana is
MORE THAN JUST A BUILDING. High tech advantages exist for companies who choose to grow their business within the facility. These advantages were purposefully included to provide our companies with an edge not generally available outside an incubator. These high tech advantages include:
- Conference facilities with videoconferencing and presentation equipment
- Well appointed conference rooms
- T-1 wireless Internet access
- Receptionist and telephone answering services
- Managed business center with quality business equipment
- VoIP telecommunications system
- Secure facilities with key fob entry
- Specialized laboratory facilities
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Incubator Services
The Purdue Technology Center of NW Indiana is MORE THAN JUST A BUILDING. Incubator services are provided to all clients of the Center to assist them in growing their business successfully. These services have been found to make a difference and provide a competitive edge sooner to new companies. The success rate for companies that graduate from business incubators is 84%. Our incubator services include:
- Flexible space and leases as short as 6 months
- Meeting and conference management assistance
- Managed mail services
- Professional clerical support
- Intern recruitment services
- Staff recruitment services
- Marketing assistance
Purdue Technology Center of NW Indiana Leasing Guide…read more...
The Purdue Technology Center of NW Indiana is MORE THAN JUST A BUILDING. Business accelerator services are offered to all clients of the Center whether a full-time tenant or participating in the affiliate program. A model that has been proven to provide results is used. The Purdue Portals business accelerator model has demonstrated a survival rate of 87% for businesses who go through this stage-gate process in an incubator setting. This model employs seven development features:
- Clear pathway via three phases of review and assistance
- Client Evaluation Teams (CET) to evaluate and guide the process
- Strategic selection of mentors
- Accelerated business development timetable
- Initial “trial-sell” in the market place
- Early stage gap-financing resources
- Formation of a management team
Purdue Technology Center of NW Indiana – Purdue Portals…read more
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Unique Resources
The Purdue Technology Center of NW Indiana is MORE THAN JUST A BUILDING. Unique resources are an added advantage to our clients. We assist all of our clients – full-time tenants and affiliates – by connecting them to and coordinating networking opportunities with unique resources. Many of these resources are not available to the general public and provide a competitive and development edge to our clients. These unique resources include:
- Office of Technology Commercialization
- Purdue Technical Assistance Program
- University faculty and staff for R&D collaborations
- University internship, co-op, senior project programs and part-time employment
- Purdue University library system
- Purdue University purchasing program
- Industry partners
- Community business and economic development partner
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Financial Resources
The Purdue Technology Center of NW Indiana is MORE THAN JUST A BUILDING. Financial resources are of extreme importance to incubator companies. We assist all of our clients – full-time tenants and affiliates – by helping them locate sources of funding and prepare to make their “ask”. Staff at the PTCNWI can also counsel client companies to know what the right financial resource is for their company. These financial resources include:
- Federal grant and R&D project funding including SBIR and STTR
- State of Indiana funding and other public programs
- University and corporate foundations
- Equity sources including angels and venture capital
- Early-stage gap funds
Financial institutions
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Affiliate Program
The Purdue Technology Center of NW Indiana is MORE THAN JUST A BUILDING. The Affiliate Program is available to technology-based companies that are not quite ready to occupy an office in the incubator on a full time basis, but still wish to have use of the facilities and access to services. Available resources include:
- Conference rooms
- Business and copy center
- Mail and shipping services
- Videoconferencing equipment
- Clerical and meeting support
- Staff consultation and business development assistance
- Access to unique people and systems resources
- Access to financial resources
Purdue Technology Center of NW Indiana Affiliate Program Guide…read more…
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