Development of Indiana Businesses

 

  • III objectives include development of analytical instrumentation and support of Indiana�s economy through promotion of start-up companies and assistance to existing businesses
  • III uses Krannert School of Management expertise in partnership with School of Science and Technology to encourage high tech start-up companies originating from university research

 

Companies that have been started under III auspices (2000, 2001):

 

Griffin Analytical Technologies, Inc.

Matrix NMR

 

 

�               Further support is required for these companies to mature

�      Capital infusion

�      Tax incentives

�      Personnel recruitment support

 

   

 

 

Griffin Analytical Technologies

 

 

TECHNOLOGY:

 

�    Miniature Ion Trap Mass Spectrometers

 

 

 

 

�    Founders: Dennis Barket & Garth Patterson

�    Faculty Involved: Graham Cooks & Paul Shepson

�    Krannert faculty advisors: Ronald Steuterman

�    Krannert student advisors: John Scott, Enrique Vasquez & Noel Marsden; all MBA students

 

�    Registered in February 2001

�    Support of MSM (MBA) students from TTI Program

�    Purdue Research Foundation Task Venture Fund Pre-Seed Capital Investment Program Funded

 

COMPETITIONS AND AWARDS:

  

� Winner of Purdue University�s Burton D. Morgan Business Plan Competition

� Nebraska Center for Entrepreneurship�s International Business Plan Competition

� Collegiate Entrepreneurship Organization�s National Best Business Idea Competition

 

�Visit the website: http://www.griffinanalytical.com

 

 

 

Matrix NMR

 

FOUNDERS:

�        Ting Hou, Dan Raftery

 FACULTY INVOLVED: 

�        Dan Raftery

KRANNERT FACULTY ADVISORS:

�        Ronald Steuterman

 KRANNERT STUDENT ADVISORS: 

�        Ron Chauby and Ellyn Coney, 2nd year MBA students

 TECHNOLOGY:

�        Multiplex NMR

COMPETITIONS:

�        2nd round in the Morgan Burke competition, 2002

 

 

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