Purdue Foundry Targets International Entrepreneurship
The startup is part of the Purdue Foundry.
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Purdue Research Foundation says a new partnership with the Indiana Department of Workforce Development will open the door for more startup opportunities for international researchers and students at the Purdue Foundry. Officials expect as many as a dozen successful J-1 Visa program applicants to be accepted into the on-campus entrepreneurship hub.
Applications and other costs associated with the J-1 Visa program are being covered by the DWD. Officials say Purdue University is just the second university in the nation to participate in the program in this way.
PRF President Dan Hasler says "we are using the program to help visiting scholars and international students obtain a J-1 Visa if these individuals are interested in launching a startup in Indiana that is based on a Purdue innovation. These individuals are doing life-changing research and there are many cases where they wish to license innovations which they have been directly involved in developing."
DWD Commissioner Steve Braun says the initiative serves as another creative way to boost Indiana’s talent attraction and retention efforts. "Purdue and Purdue Foundry have an established track record for generating successful startups based on research and development. The J-1 Visa agreement will take this success one step further by encouraging and helping potential entrepreneurs stay in the U.S. and Indiana to create high-tech companies and high-wage jobs for Indiana residents."
Purdue Senior Vice President and Director of Innovation and Entrepreneurship Greg Deason will lead the program. Those that receive the J-1 Visa through the program will have access to LaunchBox, networking opportunities, educational seminars and programs, potential startup funding and space.
You can connect to more about the program by clicking here.