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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.
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
News & articles
News articles and official sources documenting Elevate Purdue Foundry Fund at Purdue University.
1 source

