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Purdue University

West Lafayette, Indiana·University

Pitch competitionsIncubatorVenture fund

At a glance

Indexed programs

14

14 currently active

Top direct funding

No direct cash prizes indexed

Equity

Mixed equity terms

Program mix

9

Venture Fund · Student Organization · Pitch Competition

Research verdict

Research in progress.

Programs to explore

Compare funding, equity, and timing before you apply.

14 programs indexed

Known startups and winners

Competition winners and notable student ventures from our research.

See every startup

Adranos

Purdue University

Notable alumni outcome

Solid rocket fuel company (ALITEC); Purdue-connected startup acquired by Anduril Industries in 2023.

Bridgit

3rd place

placement

Purdue University · Boiler Launch

Competition winner

3rd place at BoilerLaunch 2026 (Purdue), hosted by The Anvil in Chicago.

CalcGPT

Purdue University · Purdue New Venture Challenge

Competition winner

2026 Purdue New Venture Challenge prize winner.

ClearBlade

Purdue University

Notable alumni outcome

Edge computing and IoT platform; Purdue-affiliated startup outcome.

echoSURE

$22,500

prize won

Purdue University · Purdue New Venture Challenge

1st placeCompetition winner

2026 Purdue New Venture Challenge First Place + Crowd Favorite ($22,500); medical device for pediatric feeding-tube placement verification.

GeniPhys

Purdue University · Office of Technology Commercialization

Faculty spinout

Regenerative collagen technology spun out of Purdue; raised a $6M Series A.

Kova Group

Purdue University · Purdue New Venture Challenge

Competition winner

2026 Purdue New Venture Challenge prize winner; student belonging platform.

Novosteo

$60,000

prize won

Purdue University · Elevate Purdue Foundry Fund

Faculty spinout

Bone-healing therapeutics; $60K Elevate Purdue Foundry Fund Gold Award; co-founded by Prof. Philip Low.

PipeLine

1st place

placement

Purdue University · Boiler Launch

Competition winner

1st place at BoilerLaunch 2026 (Purdue), the Midwest's largest student-run startup pitch competition, held in Chicago.

Pluvicto

Purdue University · Office of Technology Commercialization

Faculty spinout

Prostate cancer drug built on Purdue-licensed technology; generated $100M+ in royalty interest for the university.

Rabbit Tractors

Purdue University

Program portfolio

Autonomous farming equipment; Purdue Foundry-connected venture.

Spirrow Therapeutics

Purdue University

Faculty spinout

ARDS treatment developer; Purdue-connected startup and Elevate Nexus pitch winner.

Toucan

Purdue University

Student venture

Restaurant menu app; Purdue student venture that earned a Y Combinator interview.

VitaWave Tech

$15,000

prize won

Purdue University · Purdue New Venture Challenge

2nd placeCompetition winner

2026 Purdue New Venture Challenge Second Place ($15,000).

Historical winners (research notes)
  • echoSURE — Medical device for pediatric feeding tube placement, $22.5K 2026 NVC First Place + Crowd Favorite
  • VitaWave Tech — Second place 2026 NVC ($15K)
  • CalcGPT — 2026 NVC winner
  • Kova Group — 2026 NVC winner (student belonging platform)
  • PipeLine — 1st place at BoilerLaunch 2026 (Chicago)
  • Bridgit — 3rd place at BoilerLaunch 2026 (Chicago)
  • Adranos — Solid rocket fuel, acquired by Anduril Industries (2023)
  • Novosteo — Bone healing therapeutic, $60K Gold Award, Philip Low co-founder
  • GeniPhys — Collagen innovation, $6M Series A
  • Spirrow Therapeutics — ARDS treatment, Elevate Nexus winner
  • ClearBlade — Edge computing platform
  • Rabbit Tractors — Autonomous farming equipment
  • Pluvicto — Prostate cancer drug, $100M+ royalty interest to Purdue
  • Toucan — Restaurant menu app, Y Combinator interview

Purdue University

Purdue University is a public land-grant research university in West Lafayette, Indiana, with approximately 50,000 students (36,000 undergraduate, 14,000+ graduate/professional). Its entrepreneurship ecosystem is anchored by Purdue Innovates (est. 2023), a unified network consolidating the Office of Technology Commercialization, Incubator, Startup Foundry, and Purdue Ventures. Purdue ranks #3 nationally in university startup creation (IPWatchdog) and #4 nationally in US patents (2025), operating the largest university-affiliated research park in the country.

Ecosystem Overview

  • Central hub: Purdue Innovates (Senior VP Brooke Beier) — unifying OTC + Incubator + Startup Foundry + Ventures
  • Tech transfer: Office of Technology Commercialization — 145 deals, 466 disclosures, 290 patents (FY24)
  • Incubator: Purdue Innovates Incubator (Director Justin Renfrow) — Firestarter, Market Readiness, Summer Sprint, Commercialization Fellowship
  • Accelerator: Purdue Innovates Accelerator (3-month, up to $100K SAFE, inaugural cohort 2025)
  • Pitch competitions: New Venture Challenge ($50K total), Moonshot Pitch Challenge, BoilerLaunch ($10K+)
  • Student hub: The Anvil (student-run, 1,500+ students, 80+ startups, BoilerLaunch)
  • Education: Certificate in Entrepreneurship and Innovation (3,000+ students/year, 200+ majors), Burton D. Morgan Center
  • Venture funds: Ag-Celerator ($2M, up to $100K), Elevate Purdue Foundry Fund ($2M+ deployed, Black $20K/Gold up to $80K), Foundry Investment Fund, Purdue Startup Fund, Angel Network
  • Innovation district: Discovery Park District ($1B+, Convergence Center, 5G/6G infrastructure)
  • Research park: Purdue Research Park (largest university-affiliated, 200+ companies, 4 locations statewide)
  • I-Corps: NSF I-Corps Hub: Great Lakes Region co-lead
  • Alumni network: Silicon Valley Boilermaker Innovation Group (SVBIG), Pitch for Mentors

News & articles

14 news articles and official sources documenting entrepreneurship programs, winners, and activity at Purdue University.

14 sources

News & articles(2)

Official sources(12)

Official WebsitePrimary Official

Burton D. Morgan Center for Entrepreneurship

Purdue Research Foundation

Published 2026-07-13
Purdue University logo

Purdue Research Foundation

Burton D. Morgan Center for Entrepreneurship

The Burton D. Morgan Center for Entrepreneurship is the academic home for entrepreneurship education at Purdue, housed within the College of Engineering. It offers undergraduate and graduate certificates in entrepreneurship and innovation, courses, and co-curricular programming for students across all disciplines.

Read on Purdue Research Foundation

Official WebsitePrimary Official

Elevate Purdue Foundry Fund

Purdue Research Foundation

Published 2026-07-13
Purdue University logo

Purdue Research Foundation

Elevate Purdue Foundry Fund

The Elevate Purdue Foundry Fund is a venture capital fund that provides equity investment to high-growth Purdue-affiliated startups. It is part of the Purdue Ventures fund suite and focuses on companies emerging from Purdue research that have significant commercial traction and clear path to scale.

Read on Purdue Research Foundation

Official WebsitePrimary Official

Certificate in Entrepreneurship and Innovation

Purdue Research Foundation

Published 2026-07-13
Purdue University logo

Purdue Research Foundation

Certificate in Entrepreneurship and Innovation

The Certificate in Entrepreneurship and Innovation is an academic credential offered through the Burton D. Morgan Center. It is available at both undergraduate and graduate levels, requiring a set of core courses and experiential electives open to students from any Purdue college.

Read on Purdue Research Foundation

Official WebsitePrimary Official

Purdue Innovates

Purdue Research Foundation

Published 2026-07-13
Purdue University logo

Purdue Research Foundation

Purdue Innovates

Purdue Innovates is the central hub for entrepreneurship and innovation at Purdue University, launched in 2023. It unifies technology commercialization, startup incubation, corporate partnerships, and venture funding under a single umbrella organization. The site details the full continuum of services from disclosure to licensing to startup creation.

Read on Purdue Research Foundation

Official WebsitePrimary Official

Purdue Office of Technology Commercialization

Purdue Research Foundation

Published 2026-07-13
Purdue University logo

Purdue Research Foundation

Purdue Office of Technology Commercialization

The Purdue Office of Technology Commercialization (OTC) manages the university's intellectual property portfolio, including patenting, licensing, and industry partnerships. It operates under Purdue Innovates and has consistently ranked among the top US university tech transfer offices by patent volume and licensing revenue.

Read on Purdue Research Foundation

This profile lists 14 programs for Purdue University. Some details may be outdated until a director verifies them.

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