INNOVATE INDIANA: Economic Development at IU Bill Stephan Vice President for Engagement, Indiana University Tony Armstrong President & CEO Indiana University Research & Technology Corporation November 12, 2009

IU Office of Engagement Mission Coordinate university’s vast resourcesCoordinate university’s vast resources Connect those with the public and private sectorsConnect those with the public and private sectors Stimulate economic developmentStimulate economic development Enhance quality of life for HoosiersEnhance quality of life for Hoosiers 2

OVPE Staff Tony Armstrong Assistant V.P., President & CEO IURTC David Gard Executive Director Rebecca Carl Director of Operations Planning and Communications Ted Widlanski Associate V.P., Indiana University Chemistry Professor 3

OVPE Focus Areas Engagement & Economic Development Enhancing Science and Technology Expanding Research Infrastructure Technology Commercial- ization Increasing access to capital 4

ANGEL Learning Transaction Software company created almost a decade ago by the faculty at the School of Engineering and Technology on the IUPUI campus Blackboard Inc., a major educational software provider, purchased ANGEL Learning for $100 million Indiana University realized $24.1 million from the sale

Innovate Indiana Statewide Activities 7

8 Gary Healthcare/Hospital Study Engaged national healthcare consultant to develop new hospital model and Indiana Business Research Center to assess economic impact of potential Gary hospital adjacent to IUN. Report instrumental in helping secure $3M in additional community planning resources

Southeast Indiana Small Business Development Center IU, Purdue and IVY Tech entered agreement for new SBDC at Purdue Tech Center in New Albany Leverages resources and expertise of IUS 9

Evansville Regional Engagement Office Partnering with Purdue for new physical presence at Innovation Pointe Will serve as “gateway” for greater connectivity of IU resources and expertise with Southwest Indiana business community Provides economic development resources New Director on board 10

IU Research & Technology Corporation (IURTC) Vice President for Technology Commercialization hired in Spring 2009 Established Innovate Indiana Fund for IU- affiliated start-ups IUETC expansion assessment underway Created internal survey to assess customer satisfaction and needs 11

Capitalized with $10 million dollars from IU and private donors Early seed and Late seed funding IU School of Medicine seed fund will be folded into the Fund The Fund will be expanded to include information technology Governing board comprised of key university stakeholders and business leaders Innovate Indiana Fund

IU Innovation Center 13 Operated by IURTC and IU Real Estate Phase I, 40,000 sq. ft. completed Cornerstone of future development of Indiana University Innovation Park 50% wet lab space Incubator of Life Sciences and IT-based start-ups Home for Pervasive Technology Institute KSOB and Johnson Center for Entrepreneurship & Innovation, School of Informatics Student involvement

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Purdue and IU: Building a Stronger State of Science … to make Indiana a “hot spot” for research, innovation, and biosciences job growth 17

Indiana Innovation Alliance Technology Enhanced core research capabilities Talent Medical & bio-based education and healthcare innovation Capital Matching funds for large-scale, multidisciplinary research grants 18

Indiana Innovation Alliance Unprecedented collaboration $20 Million appropriated (over 2 years) for core research and education Expansion of medical/health education programs; Purdue education programs in strategic areas Private sector partners/economic impact 19

Additional Engagement Activities Indiana-based Defense Initiatives IU US-China Business Cooperation Support/Sponsorship/Participation –21 st American Peptide Symposium –IU Life Sciences Collaboration Conference Series –BIO International Convention –State/Regional/Local Economic Development Organizations 20

Bill Stephan Vice President for Engagement Tony Armstrong President and CEO Indiana University Research & Technology Corporation Thank you