The Applied Research Institute, Inc. (“ARI”) announced today that the U.S. Department of Commerce Economic Development Administration has designated Heartland BioWorks as a Regional Technology and Innovation Hub. Heartland BioWorks will now compete against other designated hubs for implementation grants of up to $75 million each later this year.
The Regional Tech Hub designation, and the funding that follows, will support the acceleration of workforce development and help dismantle barriers to success for entrepreneurs and small business owners with new biotech products.
Central Indiana Corporate Partnership (CICP) and its branded initiatives joined ARI and local stakeholders to develop the tech hub application.
“The collaborative spirit in Indiana is truly unique,” said CICP CEO Melina Kennedy. “When you pair that strength together with a hotbed of research and innovation, a talented workforce, and the advanced industries of the 21st century such as the life sciences, agbiosciences, technology and advanced manufacturing and logistics — all of which are represented by CICP and featured heavily in ARI’s collective Tech Hub proposal — the opportunities are limitless.”
Read more about the Tech Hub designation:
Indiana’s Applied Research Institute secures regional tech hub designation for Heartland BioWorks
Update: Feds pick Indiana as biotech hub, putting it in running for millions in funding
Life science boosters hail Indiana’s designation as federal technology hub
(Sources: Indianapolis Business Journal and Applied Research Institute, Inc.)
