WEST LAFAYETTE, Ind. — Purdue University will reach 275 startups within the coming fiscal year in startup creation. Providing strength and longevity to Purdue-affiliated startups is the more than $400 million dollars in support and investments the startups have brought to Indiana, much from venture capitalists.
“Venture capitalists are interested in companies with innovations that make an impact in the marketplace,” said Purdue alumnus Bruce Schechter, who co-founded Silicon Valley Boilermaker Innovation Group, SVBIG, to support Purdue’s startup creation.