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The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park...

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Certified Technology Park Program Gregory W Deason Gregory W . Deason Vice President – Real Estate and Research Park Development Director – Purdue Research Park President – Association of University Research Parks The idea economy is here.® Copyright (2009) Purdue Research Foundation. All rights reserved.
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Page 1: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.

Page 2: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 3: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Our Locations…

Merrillville

West Lafayette

Indianapolis

New Albany

Page 4: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 5: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Purdue Technology Center

State of the Art Incubator Facility106,000 S.F. of Laboratory and Office SpaceOpened 2009

The idea economy is here.®

Page 6: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 7: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Purdue Technology CenterNorthwest Indiana

Opened December 2004Tenants include life science technology, homeland security and information technology

The idea economy is here.®

information technology

Page 8: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 9: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Purdue Technology CenterSoutheast IndianaSou eas d a a

Opened October 200848,000 S.F. of Office and Laboratory Space

The idea economy is here.®

Page 10: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 11: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Purdue Technology CenterIndianapolisIndianapolis

Opened January 2009

The idea economy is here.®

Page 12: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Purdue Research Park725 Acres Total

Kalberer RoadSalisbury Street

U.S. 52Cumberland AveCumberland Ave.

Yeager Road

The idea economy is here.®

Page 13: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 14: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Incubation: It’s not about the building

“It’s not about the bike.” - Lance Armstrong

The idea economy is here.®

Page 15: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Professional Services

The idea economy is here.®

Page 16: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 17: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 18: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 19: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 20: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 21: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Building America’s Communities ofCommunities of Innovation

Page 22: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 23: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 24: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 25: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 26: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 27: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 28: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 29: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Power of Place Policy I iti tiInitiatives

• Human CapitalPh i l C it l• Physical Capital

• Technology Capital

Page 30: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 31: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 32: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 33: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 34: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 35: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 36: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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’

Page 37: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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

Page 38: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Better Science;Better Innovation;Better Innovation;

A Better World

PAGE 38

Page 39: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Better Science;Better Innovation;Better Innovation;

A Better World

PAGE 39

Page 40: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

Indiana’s 1st Certified Technology Park

May 12, 2003

The idea economy is here.®

Page 41: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 42: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 43: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 44: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 45: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 46: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®

Page 47: The idea economy is here.® · 2012-11-29 · • O l 13% f h k d tOnly 13% of research park graduates failed, compared to 40% of technology stt ti lltart ups nationally. Jobs Impact

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.®


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