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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