Purposed Innovation® Information

www.purposedinnovation.org Purposed Innovation® is a Colorado based nonprofit organization whose mission is to use technology to solve global social problems. High Level Vision and Goals: 1. Provide purpose / meaning through creating innovative products that help children 2. Focus on multi-disciplinary biotechnology / biomedical products that fill global needs 3. Strive for quality and excellence in everything we do 4. Create the company that we would want to work at 5. Create a company that starts in Colorado and stays in Colorado 6. Operate off of a sustainable model with continual growth in mind 7. Create jobs and employ bright people who are motivated by purpose / meaning 8. Provide a good quality of life for our employees 9. No eventual goal of making anybody rich; hence the non-profit approach. 10. Generate a return on investment for our stakeholders (Return can be both in the form of tangible / monetary compensation and also the “good feeling” of knowing their contribution made a difference; depending on the type of stakeholder) 11. Money is viewed as a precious resource to grow the company and help more people 12. No eventual goal of growing the company to sell it off at a later time 13. No eventual goal of taking the company public