I  Northeast Indiana Innovation Center

http://www.niic.net





     Office Locations:

Certified Technology Park Campus
3201 Stellhorn Road
Fort Wayne, IN 46815
Phone: 260-407-6442
Fax: 260-492-0452

 

Stages:

  • Seed


 

Industries:

  • Information Technology
  • Life Sciences & Healthcare

  •  

    Description:

    The Northeast Indiana Innovation Center, Inc. was formed in December 1999 as a private-public partnership between the City of Ft. Wayne, IPFW, the County of Allen, the Greater Fort Wayne Chamber of Commerce, and local community stakeholders who were and are committed to growing a more vibrant regional economy. The Innovation Center nurtures technology businesses by developing the venture during start-up, early development, and the growth stages. NIIC's Certified Technology Park, a 55 acre innovation campus, provides new ventures a turnkey package of physical facilities, amenities, and services all bundled together in one affordable program fee/investment. NIIC Launch Pad is an iCARE investment vehicle designed to attract unemployed and underemployed engineers, technologist and post high school students and their ideas to NIIP with a combination of investment and business incubation. For promising new ventures NIIC, subject to underwriting and LEAP program compliance, will provide the following: 1) Idea Stage: Up to $10,000 of capital investment for development of a prototype including shared workspace for up to 6 months in the Launch Pad suite at the Northeast Indiana Innovation Center; 2) Pre-Launch Stage: Up to an additional $15,000 of investment after the first 6 months to continue product development, marketing and commercialization planning efforts based on success and milestone completion of idea stage; 3) Venture Launch Stage: Up to an additional $25,000 of direct investment by accessing a LEAP investment for acquisition of key resources; protection of IP; and other start-up expenses. Ventures must be located in the incubator facility to be eligible for this special assistance and ventures must attract at least a $100,000 total commitment in angel, gap, grant, or friends and families capital.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Daryl Yost Director of Certified Technology Park
    Karl R. LaPan President and CEO
    Mike Fritsch Entrepreneur in Residence
    Tammy Allen Director
    Tania Vanderlaan Controller

     

    Portfolio companies include:


      Allied Payment Network
        web link


      American Axle
        web link


      BBK Group
        web link


      BioDuct
        web link


      BioPoly RS
        web link


      Blue Water Mortgage
        web link


      Cirrus ABS
        web link


      Cornerstone Solutions
        web link


      Digital Hydraulic
        web link


      DP Sonics
        web link


      GooRoo
        web link


      LifeLink Technologies
        web link


      Midwest Quality
        web link


      Purdue TAP
        web link


      Salljank
        web link


      Stahl Engineering & Failure Analysis
        web link


     

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