Certified Technology Park Program
Gregory W DeasonGregory W. DeasonVice President – Real Estate and Research Park DevelopmentDirector – Purdue Research ParkPresident – Association of University Research Parks
The idea economy is here.®Copyright (2009) Purdue Research Foundation. All rights reserved.
Merrillville
West Lafayette
Merrillville
Indianapolis
New Albany
WE’RE THEINNOVATIObringing high-skill jobs to your city.
The idea economy is here.®The idea economy is here.®N TRAIN
Our Locations…
Merrillville
West Lafayette
Indianapolis
New Albany
Purdue Research Park of West Lafayette• 725-acre Purdue Research Foundation 5 ac e u due esea c ou dat o
development• Certified Technology Park• 54 buildings• 108 technology-based firms• 1.5 million sq. ft. (378,000 sq. ft. added
since July 2002 - $50M)164 i
West Lafayette• 164 companies• Over 3,100 employees
West LafayettePurdue Technology Centers of West Lafayette• $54 000 average wage$54,000 average wage • 44 incubating companies• 53 graduated companies (33 remained here)• $125M of invested venture capital$ p• 365,000 sq. ft. of incubation space
Purdue Technology Center
State of the Art Incubator Facility106,000 S.F. of Laboratory and Office SpaceOpened 2009
The idea economy is here.®
Ameriplex at the Crossroads• 386-acre Purdue Research Foundation and
H ll d P ti d l tHolladay Properties development• Certified Technology Park• 331,000 sq. ft. added since 07/01/02 ($46M)• Purdue Academic Learning Center: 1500+ students• Purdue Academic Learning Center: 1500+ students
Purdue Technology Center of Northwest Indiana• $52,000 average wage$52,000 average wage• 20 companies/14 technology-based• 48,000 sq. ft. of office/lab space (85% occupied)• Building expansion planned for 2009g p p
Merrillville
Purdue Technology CenterNorthwest Indiana
Opened December 2004Tenants include life science technology, homeland security and information technology
The idea economy is here.®
information technology
New Albany
Purdue Research Park of Southeast Indiana• 40 acre Purdue Research Foundation development• 40-acre Purdue Research Foundation development• Live/work/play master plan
Purdue Technology Center of Southeast IndianaPurdue Technology Center of Southeast Indiana• Building to house both incubator and Purdue Academic
Learning Center • Learning Center to offer four new bachelor’s degreesg g
Purdue Technology CenterSoutheast IndianaSou eas d a a
Opened October 200848,000 S.F. of Office and Laboratory Space
The idea economy is here.®
Purdue Research Park at AmeriPlex-Indianapolis78 P d R h F d ti d• 78-acre Purdue Research Foundation and Holladay Properties development
• Prime location near I-70 entrance to new Indianapolis International Airport Midfield TerminalIndianapolis International Airport Midfield Terminal
• 75 companies/1,500 jobs projected• Environmentally friendly development
Purdue Technology Center of Indianapolis• First Client in place• Additional Client recruiting underwayg y
Indianapolisp
Purdue Technology CenterIndianapolisIndianapolis
Opened January 2009
The idea economy is here.®
Purdue Research Park725 Acres Total
Kalberer RoadSalisbury Street
U.S. 52Cumberland AveCumberland Ave.
Yeager Road
The idea economy is here.®
Purdue Research ParkInternational Technology
CenterInnovationCenter
Innovation Center
International Tech Center
Ross EnterpriseCenter
Kurz Purdue Technology
Center
Innovation Center
Kurz PTC
Vistech 1The Chao
Center
Ross Enterprise Center
Chao Center
SSCI
PurdueTechnologyCenter &
VisTech 1
SSCI / Aptuit Purdue Technology Center
Chao Center
SSC
Cook BiotechExpansion
Expansion
Business & Technology
CenterCook Biotech
The idea economy is here.®
Expansion CenterCook BiotechBusiness Tech Center
Incubation: It’s not about the building
“It’s not about the bike.” - Lance Armstrong
The idea economy is here.®
Professional Services
The idea economy is here.®
Professional Services
Human Resources / Employment Assistance
Media Relations / MarketingFlexible Space and LeasesAssistance
Industry Cluster ManagementReception and Admin SupportPurdue Equipment & Facilities
pPortals ProgramTwo-Way VideoUniversity Connectionsq p
Technical Assistance ProgramTop Quality Business EquipmentProfessional Conference Management
Pre-Seed InvestmentsBusiness Plan CompetitionAccess to Purdue FacultyF t 500 At hFiber Connection to Purdue University
High-speed Internet & WirelessConference & Gathering AreasNetworking Opportunities
Fortune 500 AtmosphereSBDC/IEDC ServicesGovernmental RelationsMail & ShippingNetworking Opportunities
Job Placements / Job FairCommunity Vendor Access
Mail & ShippingSecurity
The idea economy is here.®
Discovery Park
Discovery Park houses eleven centers of innovation:• Burton D Morgan Center for Entrepreneurship• Burton D. Morgan Center for Entrepreneurship• Center for Advanced Manufacturing• Oncological Sciences Center• Birck Nanotechnology Center• Center for the Environment• Discovery Learning Center
BindleyBioscience
Center
Birck Nanotechnology Center
y g• Bindley Bioscience Center• E-Enterprise Center• Cyber Center
CenterGerald D. and Edna E.Mann Hall
• Cyber Center• Energy Center• Regenstrief Center for Healthcare Engineering
Burton Morgan Centerfor Entrepreneurship
The idea economy is here.®
Honors, Awards & Accomplishments
3 Excellence in Economic Development Awards, IEDC 2008
Outstanding Science/Research Park
Technology-Based Economic Development AwardPartnerships with Educational Institutions Award
Award, AURP 2004
Excellence in Technology Transfer Award, AURP 2005Institutions Award
Entrepreneurship Award
,
The idea economy is here.®
Honors, Awards & Accomplishments
7th place in Indiana’s 25 pKeepers 2005
CoreNet Global Innovators Award finalist 2005
MIRA Award: Professional
Best industry practices recognition in “Bricks and Mortar”, NBIA 2000
Service Provider category, TechPoint 2003 Largest university technology
incubation program in the U.S., Nation’s top business acceleration program, University Business 2003
NBIA 1999
The idea economy is here.®
Affiliations
Association of University Research Parks (AURP)Association of University Research Parks (AURP)International Association of Science Parks (IASP)
Indiana Economic Development Corporation (IEDC)I di B i I b t S i t (IBIS)Indiana Business Incubator Society (IBIS)
National Business Incubation Association (NBIA)
The idea economy is here.®The idea economy is here.®
Building America’s Communities ofCommunities of Innovation
Technology Challenges Facing the U S
• National governments abroad are building large research parks and science
Facing the U.S.
centers, attracting top U.S. researchers and corporate research dollars
• Science and technology are now global commodities
• U.S. private corporate research centers are greatly downsized or no longer exist
C t d f d l t [ ti l f di ] f R&D t i iti• Corporate and federal support [sans stimulus funding] for R&D at universities is declining
• We are in midst of global economic turmoilg
PAGE 22
The Power of Place: Goalse o e o ace Goa s
– Increasing the commercialization of U.S. Government R&D to help feed innovation to U. S. Communities of Innovation
– Increasing domestic corporate research in the U.S.
– Strengthening existing and developing new Communities of Innovation
– Creating, retaining and importing technology innovation start-ups
North American Research Parkso t e ca esea c a s
• Direct employment of more than 300 000Direct employment of more than 300,000 • Every research park job generates an
average of 2 57 additional jobs supportingaverage of 2.57 additional jobs, supporting over 750,000 jobsO l 13% f h k d t• Only 13% of research park graduates failed, compared to 40% of technology t t ti llstart ups nationally
Jobs Impact of R and D F diFunding
According to U.S. Department of C $1Commerce, every $1 million in R&D spending generatesspending generates 36 jobs
American Association of State Colleges and Universities: Policy Matters, October 2008
Wainova Atlas of Innovation[19 1 Edi i if i i d h ][1951 Edition, if it existed then]
Research ParkResearch Park
The U S invented the Research ParkThe U.S. invented the Research Park100% of the Research Parks in the world
were in the U S in 1951were in the U.S. in 1951
Wainova Atlas of Innovation:2009 Editi2009 Edition
U.S. research parks make up only 70 pages of the 500 pages describing researchof the 500 pages describing research
parks around the world
U.S. National Innovation P li i Di tiPolicies: Disaggregation
• Association level: AURP, NBIA, SSTI, AUTM, National Angel Association, NASVF FLC NVCA A i ’ D fNASVF, FLC, NVCA, America’s Defense Communities, Government-Industry-University Roundtable COCUniversity Roundtable, COC
F d l l l EDA NIST D t f• Federal level: EDA, NIST, Dept of Commerce, OSTP, SBA
Power of Place Policy I iti tiInitiatives
• Human CapitalPh i l C it l• Physical Capital
• Technology Capital
Physical CapitalPhysical Capital
• Expansion and creation of new Communities of pInnovation through federal loan guarantees [S. 583-Senator Pryor]R f i fi i f h• Reforms in tax exempt financing of research facilities [private use issue]
• Enhanced Use Leasing (EUL) authority• Enhanced Use Leasing (EUL) authority extended to all federal agencies for land and equipment
Human CapitalHuman Capital• Support entrepreneurs and Science,Support entrepreneurs and Science,
Technology, Engineering and Math (STEM)( )
• Reform immigration laws to import smart entrepreneurs to U.S.p
• A 21st Century Land Grant Act and Entrepreneurial Leave policies for federal p presearchers to connect with the private sector
Land Grant Universities in the U.S.Land Grant Universities in the U.S.Land Grant Universities in the U.S.Land Grant Universities in the U.S.
This year we celebrate Lincoln’s 200 bi thd200 birthday
President Lincoln signed the original Land Grant Morrill Act.original Land Grant Morrill Act.
This federal law connected public universities with the then leading ind str agric lt re to ad anceindustry – agriculture—to advance science and to feed the world.
The Land Grant Act was the nation’s first technology transfer program
THE WHITE HOUSE
WASHINGTON
August 4, 2009
MEMORANDUM FOR THE HEADS OF EXECUTIVE DEPARTMENTS AND AGENCIESMEMORANDUM FOR THE HEADS OF EXECUTIVE DEPARTMENTS AND AGENCIES
FROM:FROM: Peter R OrszagPeter R OrszagFROM:FROM: Peter R. OrszagPeter R. OrszagDirector, Office of Management and BudgetDirector, Office of Management and Budget
John P. HoldrenJohn P. HoldrenDirector, Office of Science and Technology PolicyDirector, Office of Science and Technology Policy
SUBJECT:SUBJECT: Science and Technology Priorities for the FY 2011 BudgetScience and Technology Priorities for the FY 2011 Budget
Agencies should empower their scientists to have ongoing contactAgencies should empower their scientists to have ongoing contactAgencies should empower their scientists to have ongoing contact Agencies should empower their scientists to have ongoing contact with people who know what's involved in making and using things, with people who know what's involved in making and using things, from cost and competitive factors to the many practical constraints from cost and competitive factors to the many practical constraints
and opportunities that can arise when turning ideas into realityand opportunities that can arise when turning ideas into reality. . pp g ypp g y
Financial CapitalFinancial Capital• Reauthorize and expand SBIR/STTR/TIPReauthorize and expand SBIR/STTR/TIP
programs• Develop new access to seed capital forDevelop new access to seed capital for
small entrepreneurial firms [Innovation America National seed fund]]
• Create Congressionally chartered federal lab technology foundation to allow private gy psector access to $20B. of fed lab internal research
Federal Labs: Communities of InnovationCommunities of Innovation
Develop National Federal Laboratory Foundation to help better commercialize theFoundation to help better commercialize the $20 billion of internal Research and Development spending within federal Labs in our communities
PAGE 35
Integrating Federal, Academic Integrating Federal, Academic d P i t R&D A td P i t R&D A tand Private R&D Assets:and Private R&D Assets:
The Power of Place Energy Innovation Hubs‘Science Under One Roof’
Why is Power of Place important?important?‘Direct personal contact has been demonstrated bybeen demonstrated by numerous studies to be the most effective way of diffusing technology knowledge’
-Gregory Tassey of the National Institute of Standards and Technology (NIST), The Technology Imperative, pg. 68
Better Science;Better Innovation;Better Innovation;
A Better World
PAGE 38
Better Science;Better Innovation;Better Innovation;
A Better World
PAGE 39
Indiana’s 1st Certified Technology Park
May 12, 2003
The idea economy is here.®
Certified Technology Park Program
T diti l TIF Certified Tech ParkTraditional TIF
• Incremental Growth of Real Estate Taxes due
Certified Tech Park
• Incremental Growth ofIncome Tax and SalesTto improvements
• Funds reinvested in the TIF
Tax
• Funds reinvested inthe CTPthe TIF
• Grant funds program also created
The idea economy is here.®
CTP Eligibility
• Business Plan• High-Tech Recruitment• Expenditure PlanExpenditure Plan
• Public Focus• Incubation• Incubation
• Local Government PartnerI di Hi h Ed ti P t• Indiana Higher Education Partner
The idea economy is here.®
We’re Happening in Indiana
HammondFort Wayne
Notre Dame
MerrillvilleIndiana is home to 18Kokomo
West Lafayette
Wayne
Purdue University
Merrillville
MuncieAnderson
Indiana is home to 18Certified Technology Parks:
• West Lafayette • Terre Hautey
Indianapolis (2)
BloomingtonColumbus
Shelbyville
Richmond
Terre Haute
• Indianapolis (2)• Hammond• Fort Wayne
• Shelbyville• Bloomington• Washington
ScottsburgWashington
ColumbusIndianaUniversity
y• Kokomo• Anderson• Muncie
g• Columbus• Scottsburg• Jeffersonville
EvansvilleJeffersonville• Muncie
• Richmond• Merrillville
• Jeffersonville• Evansville Evansville
The idea economy is here.®
Certified Technology Park Program
PROGRAM IMPACTWest Lafayette• West Lafayette• $6.9M Total
$4 2 M Increment• $4.2 M Increment• $2.7 M TDGF Grant
Merrillville• Merrillville• $563K
The idea economy is here.®
Certified Technology Park Program
RecertificationMay 3 2007• May 3, 2007
• Every 4 YearsRecertification Data• Recertification Data• Total Employment / Payroll
Technology Transfer• Technology Transfer• Non-Technology Businesses
Use / Outcomes of CTP $$$• Use / Outcomes of CTP $$$• CTP Overall Contribution
The idea economy is here.®
Certified Technology Park Program
PROGRAM IMPACTRecertification Results• Recertification Results• 3 Year Growth
702 Jobs• 702 Jobs• $36.5 M Payroll
$52 K Avg Salary• $52 K Avg. Salary
The idea economy is here.®
Purdue Research Park
Gregory W. Deason
The idea economy is here. ®
Gregory W. DeasonVP - Real Estate & Research Park DevelopmentDirector – Purdue Research ParkPresident - AURP3000 K t A3000 Kent AvenueWest Lafayette, IN 47906Phone: 765-494-8645Email: [email protected] site: www.purdueresearchpark.comp p
The idea economy is here.®