October 1, 2020
Purdue Foundry to host startup showcase
WEST LAFAYETTE, Ind. – A startup showcase will provide new opportunities for professionals to invest in, mentor or work for emerging companies connected to the Purdue University entrepreneurial ecosystem.
The Purdue Foundry will host a virtual Fall Showcase on Thursday (Oct. 8) to feature startups that have worked with the Foundry to develop their businesses through the Double Down Experiment (DDX). The showcase will run 3:30-5 p.m. ET as a webinar. More information and registration is available here.
“During the pandemic, we wanted to provide a way for investors, mentors and other professionals to see the success of our startups and have the opportunity to help them achieve even more,” said Wade Lange, vice president and chief entrepreneurial officer of the Purdue Research Foundation.
Selected for their growth potential, these DDX companies have been working with the Purdue Foundry to troubleshoot their unique challenges and partner with targeted resources.
The seven companies selected for the DDX Fall Showcase are:
* MindLabs – adventures in augmented reality to save the world with STEM.
* Project Process – improving patient hand hygiene with Portare.
* Adipo Therapeutics – changing diabetes treatment by changing fat.
* VinSense – an innovative SaaS platform for agriculture crop production.
* Brightlamp – helping clinicians solve the concussion crisis with Reflex through the diagnostic power of the pupil.
* Studytable – a knowledge-sharing platform for college students.
* Safe Food En Route – a complete supplier of food safety solution for SMBs.
“We’re proud to report they are all reaching new levels of success,” said Angela Goldenstein, director of growth for Purdue Foundry. “The DDX Fall Showcase provides investors and experienced entrepreneurs the opportunity to get involved in the early-stage development of these exciting and emerging startups.”
DDX is a pre-accelerator program designed to help startups identify and overcome the challenges of launching a high-growth business. DDX focuses on experimentation, iteration and constant learning so founding teams are ready for next stage growth.
Founders attend monthly meetups with industry experts and their peers to help accelerate growth and identify new opportunities.
About Purdue Foundry
The Purdue Foundry is an entrepreneurship and commercialization hub whose professionals help Purdue innovators create and grow startups. The Purdue Foundry is housed in the Convergence Center for Innovation and Collaboration in Discovery Park District, adjacent to the Purdue campus. The Purdue Foundry has been involved with creating more than 300 companies. The Purdue Foundry is managed by the Purdue Research Foundation, which received the 2019 Innovation and Economic Prosperity Universities Award for Place from the Association of Public and Land-grant Universities. In 2020, IPWatchdog Institute ranked Purdue third nationally in startup creation. For more information about involvement and investment opportunities in startups based on a Purdue innovation, contact the Purdue Foundry at firstname.lastname@example.org.
About Purdue University
Purdue University is a top public research institution developing practical solutions to today’s toughest challenges. Ranked the No. 5 Most Innovative University in the United States by U.S. News & World Report, Purdue delivers world-changing research and out-of-this-world discovery. Committed to hands-on and online, real-world learning, Purdue offers a transformative education to all. Committed to affordability and accessibility, Purdue has frozen tuition and most fees at 2012-13 levels, enabling more students than ever to graduate debt-free. See how Purdue never stops in the persistent pursuit of the next giant leap at purdue.edu.
Writer: Chris Adam, email@example.com
Sources: Wade Lange, firstname.lastname@example.org
Angela Goldenstein, email@example.com