Elevate Purdue Foundry Fund
About the program
Elevate Purdue Foundry Fund
The Elevate Purdue Foundry Fund (also known as the Black & Gold Investment Fund) is a milestone-based convertible note program within purdue-ventures. It provides a two-stage funding pathway: a $20,000 Black Award nonrecourse convertible note, with the potential to advance to a Gold Award of up to $80,000 upon achieving key milestones.
Also known as: Elevate Foundry Fund, Black & Gold Investment Fund, Purdue Black & Gold
Key numbers
Funding range
Not listed
Funding available
Equity
Equity taken
Application
Semi Annual
Undergraduate Students, Graduate Students, Faculty, Staff, Alumni · Institution Wide
Last activity
2026-07-13
Active
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Elevate Purdue Foundry Fund
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Student experiences · Read or add a note
Student notes
Elevate Purdue Foundry Fund
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Startups
Novosteo
Bone-healing therapeutics; $60K Elevate Purdue Foundry Fund Gold Award; co-founded by Prof. Philip Low.
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