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Purdue selected for new fund to commercialize university intellectual property, grow rural communities

Purdue selected for new fund to commercialize university intellectual property, grow rural communities
WEST LAFAYETTE, Ind. – Purdue University has been hand-picked by Big Idea Ventures LLC, a global leader in early-stage food technology and alternative protein investment, for a new fund to commercialize university intellectual property.
The new Generation Food Rural Partners (GFRP) fund is a $125 million target fund that will fuel economic development in rural communities across the United States through the commercialization of food and agricultural technologies, protein innovation and other university intellectual property.
“We are proud to join a select group of universities for this new opportunity focused on commercialization, higher education and rural economies,” said Wade Lange, vice president and chief entrepreneurial officer of the Purdue Research Foundation. “Purdue has a strong network of innovators focused on technologies to provide food and agric ....

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UMass Amherst Joins Partnership to Develop Sustainable Food Products

Big Idea Ventures chooses university collaborators for $125 million Generation Food Rural Partners fund
April 13, 2021
Food science major Matt Sheiman develops a plant-based burger.
AMHERST, Mass. – The University of Massachusetts Amherst is among nine institutions chosen to collaborate with Big Idea Ventures to help develop and commercialize new, sustainable food products and agricultural innovation that will fuel economic development in rural communities, the New York City-based venture capital firm announced Tuesday.
In January, Big Idea Ventures launched the Generation Food Rural Partners (GFRP) fund, a $125 million target fund that aims to accelerate the commercialization of groundbreaking, university-developed intellectual property involving “the new food space.” North Carolina State was the initial collaborator. ....

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Big Idea Ventures Expands University Relationships For Recently Launched Generation Food Rural Partners Fund

notably successful at breaking down traditional research silos to tackle the toughest challenges for broader societal impact. As Pennsylvania s sole land-grant institution, Penn State has an extensive history of translating agricultural and human health discoveries through the Penn State Agricultural Extension, pilot facilities, and clinics. These efforts are supported by the
Invent Penn State initiative, a university-wide program that advances tech transfer, industry partnerships, and startup companies.
Purdue University Purdue University is a top public research institution developing practical solutions to today’s toughest challenges. Ranked the No. 5 Most Innovative University in the United States by U.S. News & World Report, Purdue delivers world-changing research and out-of-this-world discovery. ....

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Big Idea Ventures Launches New Fund to Commercialize University IP and Grow Rural Economies

Big Idea Ventures Launches New Fund to Commercialize University IP and Grow Rural Economies
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Big Idea Ventures launches $125m fund to help fund food & ag startups commercializing 'groundbreaking' IP developed at universities

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Big Idea Ventures launches $125m fund to help fund food & ag startups commercializing ‘groundbreaking’ IP developed at universities
By Elaine Watson
Recognizing that breakthrough technologies that could transform the global food supply chain often originate in academia, Big Idea Ventures has launched a $125m fund to commercialize IP from some of the nation’s leading universities and fuel economic development in rural communities across the country.
The Generation Food Rural Partners (GFRP) fund – which is teaming up with
North Carolina State University as its inaugural collaborator - will work with multiple universities to identify research with the strongest commercialization potential and then invest in new companies formed around that research, said ....

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