Sponsorship

Featured partner placement

Sponsor Purdue University once and your brand appears on the Purdue University page and across every one of its programs and student-startup pages — not just this page.

Venture FundEquity takenVerified

Elevate Purdue Foundry Fund

Also known as: Elevate Foundry Fund, Black & Gold Investment Fund, Purdue Black & Gold

Purdue University · West Lafayette, Indiana

Quick fit check

  • Takes equity
  • Currently active
  • Verified by research

Key numbers

Funding range

Equity

Equity taken

Application

Semi Annual

Institution Wide

Last activity

2026-07-13

High confidence

Known startups and winners

Competition winners and notable student ventures from our research.

See every startup

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.

Key Details

  • Black Award: $20,000 nonrecourse convertible note
  • Gold Award: Up to $80,000 milestone-based follow-on
  • Total Potential: Up to $100,000 per venture
  • Type: Nonrecourse convertible note
  • Structure: Two-stage milestone-based
  • Application Cycle: Semi-annual
  • Open to: Purdue students, faculty, staff, and alumni