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KU Innovation Park
KU Innovation Park is a nonprofit economic development organization and business incubator in Lawrence, Kan. It's home to 74 companies that employ 750 people,...
KU Innovation Park
KU Innovation Park is a nonprofit economic development organization and business incubator in Lawrence, Kan. It's home to 74 companies that employ 750 people, supporting an annual payroll of $49.7 million. The Park works toward building a more modern, resilient and diverse regional economy for Lawrence, Douglas County and the state of Kansas. A public-private partnership, the Park has four founding partners – Douglas County, the City of Lawrence, the Chamber of Lawrence and the University of Kansas.
General information
Firm type
other
Location
Region
North America
Country
United States
City
Lawrence
Corporate office
Lawrence, KS, United States
Additional offices
Overland Park, KS · Kansas City, KS
Sector focus
Frequently asked questions
Does KU Innovation Park invest directly in startups, or is it purely an incubator?
KU Innovation Park operates primarily as a physical platform and incubator rather than a direct investor. It does not publicize a venture fund or investment vehicle. Startups access lab space, shared equipment, and research partnerships, reducing their initial capital requirements without the Park taking equity as a standard part of residency.
How is KU Innovation Park related to the University of Kansas?
The Park was established through a partnership among the University of Kansas, the City of Lawrence, and regional economic development bodies. It functions as a separate entity but is deeply integrated with KU’s research enterprise, drawing on faculty expertise and technology transfer pipelines, particularly from the School of Pharmacy and the School of Engineering.
What types of companies are located at KU Innovation Park?
The Park hosts both early-stage startups and R&D outposts of large corporations. Public records indicate on-site operations for Garmin and Archer Daniels Midland alongside smaller ventures in biosciences, precision agriculture, and advanced manufacturing. Resident startups typically operate in life sciences, agricultural technology, and engineered systems.
What facilities and specialized equipment are available to resident companies?
The campus includes wet-lab space, clean rooms, prototype shops, and shared office infrastructure. The proximity to KU's core research facilities provides resident companies with access to specialized analytical instruments and engineering support that would be cost-prohibitive for an early-stage venture to acquire independently.
Does KU Innovation Park have a track record of successful company exits?
The Park measures success in terms of economic development metrics — jobs created and companies graduated — rather than venture-style returns. Specific exit data is not publicly tracked in a consolidated format, consistent with its mission as a regional economic catalyst rather than a financial investor.
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