Business Development

How to Apply for the Fund

The Emerging Innovations Fund is designed specifically to support new business startups of Purdue faculty, staff, students and Purdue Research Park companies. The Emerging Innovations Fund makes loans that are coupled to equity. Returns on those loans and investments support the evergreen design of the Fund.

The Emerging Innovations Fund is competitive, which means that awards must be applied for and selections are made based on the quality of the application. Once a project is approved, funding is tied to milestone events in the recipient’s business plan. It is a logical format that provides the necessary financial fuel, motivation, and structure to maintain the enthusiasm of researchers and forward momentum of promising technologies and startups. The process takes approximately three months. Help with the application is provided through the Office of Business Development.

Learn more about the application process.

Apply online.