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• Liaison offices and/or collaborative laboratory space for separately- funded larger <br />businesses that have, or wish to have, an ongoing research/technology development <br />relationship with the University of Notre Dame, and its faculty and students. <br />• Conceptual development ventures emerging from a University technology platform <br />pursuing proof of concept prior to company formation and market entry. <br />• "Surge" space for University research awaiting dedicated campus facilities, or cross - <br />institutional endeavors with other organizations, e.g., IUSB, Purdue, industry, etc. <br />IP @ND expects ultimately to cover its lease and operating costs by charging tenants fees <br />for space and services provided to them. IP @ND reflects the University's long- standing <br />tradition of service to others, consistent with Fr. Sorin's vision of the University as the: <br />.... "greatest source for doing good." This vision also reflects the University's position as both a <br />developing research university and a Catholic university. IP @ND intends to focus on what it <br />can do well, by harnessing all of the resources available to it and by enlisting capable supporters <br />and services to make it work. This Vision will be pursued through collaborative activities <br />undertaken by and through a non - profit corporation formed for this purpose to support its <br />faculty, students, alumni and others to create constructive links with established enterprises and <br />to accelerate and/or create viable start-up ventures arising from its research and intellectual <br />property for eventual accelerated development in Michiana. <br />University -based research parks typically exist to achieve one or more of the following <br />outcomes: 1) to advance basic research; 2) to advance technology platforms from basic <br />platforms; or 3) to develop products and services for commercial sale. <br />Page 2 of 23 <br />