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FROM SITE SELECTION MAGAZINE • SEPTEMBER 2003
SPECIAL ADVERTISING SECTION


Purdue Research Park Offers Prime Relocation Opportunities

Purdue Research Park is one of the leading technology hotbeds in the United States. With the largest university-affiliated, state-of-the-art business incubator facilities in the nation, the park is home to more than 100 businesses and serves as a pacesetting partner with local and state governments as well as Purdue University in the effort to lead the Midwest's high-tech economy.
        This commitment to economic growth helped Purdue Research Park earn its designation as Indiana's first Certified Technology Park. This program supports the location of high-technology businesses within areas recognized by local redevelopment commissions. A portion of local tax revenues from tenants are reinvested into the park and used for improvements and other needs such as infrastructure upgrades, facility maintenance, general operations and payment of interest and principal on bonds.
        Purdue Research Park also commands a key strategic location. The park sits within 24-hour truck or rail delivery of 80 of the top 100 markets in the United States.
        Following are some of the strengths leveraged by Purdue Research Park to attract new businesses and encourage the relocation of existing companies:
  • Purdue Research Park is Indiana's largest research park.
  • The park includes 591 total acres/38 buildings/more than 1 million square feet of buildings developed.
  • Park companies include those involved in computer and industrial technology/ engineering, bio-medical and other research and application, life sciences, pharmaceuticals and the services industry.
  • Purdue Research Park companie gene- rate impressive economic progress:
    • $32 million capital raised
    • Start-up companies in the Purdue Technology Center average $58,000 in gross payroll per employee
    • 2,200+ employees in the park
    • Purdue Gateways program provides growth catalyst and business devel- opment support
    • Access to world-class faculty, staff, students and graduates at Purdue University
    • 15 new businesses in the past year
    • Nine companies grew by 13,000 square feet within the past year

        Purdue Research Park features four incubator locations within the park, including:
  • Purdue Technology Center ­ opened 1999 (May)
  • Business & Technology Center ­ opened 1993
  • Innovation Center ­ opened 1999 (Nov.)
  • Hentschel Center ­ opened 1964

        For these reasons and more, Purdue Research Park is an ideal place to consider relocating your business or startting a new business. Contact us today to find out how we can work with you to plan for your future success in central Indiana.

Purdue Research Foundation
3000 Kent Ave.
West Lafayette, IN 47906
Phone: 765.494.8645
Fax: 765.496.1146
www.purdueresearchpark.com
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