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BioCrossroads, Purdue University to Host Indiana Future Fund Entrepreneurial Forum; Event Allows Networking with Local and National Venture Capitalists.


WEST LAFAYETTE West Lafayette, city (1990 pop. 25,907), Tippecanoe co., W Ind., a suburb of Lafayette, on the Wabash River; inc. 1924. A primarily residential city, it is the seat of Purdue Univ. , Ind. -- On Tuesday, April 12, the BioCrossroads life sciences initiative and Purdue University Purdue University (pərdy`, -d`), main campus at West Lafayette, Ind.  will host an Entrepreneurial Forum in West Lafayette under the auspices of the Indiana Future Fund. The Indiana Future Fund, a $73 million capital pool that employs a network of local and national venture investors to support Indiana life sciences start-ups, was formed through BioCrossroads. Future Fund investors include Indiana's public pension funds as well as corporate and academic institutions, including Purdue University.

The Entrepreneurial Forum will be held at the Purdue Technology Center, the flagship incubator of the Purdue Research Park Purdue Research Park is a 591-acre research park located in West Lafayette, Indiana, less than 3 miles north of Purdue University's West Lafayette campus. The park is under the continuing development of the Purdue Research Foundation and is currently the largest certified  adjacent to the University's West Lafayette campus. The event will provide an opportunity for entrepreneurs to network with venture capitalists Venture Capitalist

An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding.

Notes:
Venture capitalists usually expect higher returns for the additional risks taken.
 involved in the Indiana Future Fund, and several emerging companies will make formal presentations to these investors.

"Our universities are significant sources of intellectual property and entrepreneurial energy, so it's appropriate that we hold our first Entrepreneurial Forum at a university incubator for technology transfer, like the one here at the Purdue Technology Center in West Lafayette," said David Johnson David Johnson may refer to:
  • David Johnson (American artist) (1827 - 1908), American painter
  • David Johnson (Anchorman), American news anchorman
  • David Johnson (Australian rules footballer) (born 1981), Australian-rules footballer
, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BioCrossroads and member of the Indiana Future Fund Advisory Board. "The Indiana Future Fund has already supported one Purdue-related company, Endocyte Inc., and we're sure that's only the beginning."

"We're pleased to welcome the Indiana Future Fund's Entrepreneurial Forum to Purdue," said Joseph B. Hornett, Purdue Research Foundation Senior Vice President and Treasurer. "Purdue's resources are aligned for entrepreneurial growth - the research capabilities of Discovery Park, the infrastructure of Purdue Research Park and the management expertise at the Krannert School of Management This article is about Krannert School of Management. For Krannert Center for the Performing Arts, see Krannert Center for the Performing Arts.

The Krannert School of Management is Purdue University's school of management.
 and the Burton Morgan Entrepreneurship Center. We're sure the Future Fund will find fertile ground for investment here."

A series of Entrepreneurial Forums will be held in Bloomington, Warsaw and Fort Wayne Fort Wayne, city (1990 pop. 173,072), seat of Allen co., NE Ind., where the St. Joseph and St. Marys rivers join to form the Maumee River; inc. 1840. It is the second largest city in the state, a major railroad and shipping point, a wholesale and distribution hub,  in 2005, organized by BioCrossroads and the Indiana Future Fund's professional management firm, Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. .
WHAT:     Indiana Future Fund Entrepreneurial Forum

WHEN:     Tuesday, April 12, 2005

TIME:     1:00    Welcome
          1:10    Purdue Address (Dr. Martin Jischke)
                  Company presentations:
                       1:30 SonarMed, Inc.
                       1:45 In-Vivo Ventures
                       2:00 QuadraSpec, Inc.
                       2:15 Andara Life Science
          2:30    Wrap-Up

          Media interested in attending this event should contact
          Jenny Siminski.

WHERE:    Purdue Technology Center, 3000 Kent Avenue,
          West Lafayette, IN

WHO:      Representatives from the BioCrossroads life sciences
          initiative, Purdue University, local and national venture
          capital firms, local start-up life sciences businesses
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 7, 2005
Words:397
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