IU unveils architectural design plan for IU LAB at 16 Tech

2025-07-10T10:02:22-04:00June 13, 2025|

Originally posted by IBJ on June 12, 2025. Read original press release here. Indiana University said Thursday that its board of trustees has approved an architectural design plan for the IU Launch Accelerator for Biosciences, or IU LAB, building in the 16 Tech Innovation District in Indianapolis. The five-story, 150,000 square-foot building will be built next to the Herron School of Art and Design’s Eskenazi Fine Arts Center on Indiana Avenue. The facility will include research and teaching labs, classrooms, collaborative workspaces as well as startup and incubator space. In a news release, IU said IU LAB is place where “biosciences and technology converge, serving as a hub for discovery, innovation, entrepreneurship and industry partnerships.” Construction is scheduled to start this fall with an expected completion in summer 2027. IU LAB officially began operations in January. In December, IU announced [...]

Celebrating Connection: 16 Tech Bridge Opens to the Public

2025-05-22T15:11:45-04:00April 30, 2025|

Originally posted by 16 Tech on April 30, 2025. Read original press release here. Today, 16 Tech Community Corporation, alongside city leaders and community stakeholders, will celebrate the opening of the signature 16 Tech Bridge. Spanning 342 feet over Fall Creek, the bridge serves as a vital link between the 16 Tech Innovation District and Indianapolis’ research and medical corridor. To highlight the bridge’s multimodal and community-led design features, 16 Tech will welcome an Indy 500 Pace Car driven by Indy NXT driver Miles Rowe, the Riverside Riders local cycling group, and students and faculty from Indiana University Indianapolis and Purdue University in Indianapolis led by Sampson Levingston of Through2Eyes as the first to officially cross the bridge this afternoon. “The 16 Tech bridge was designed by the community, for the community — a physical and symbolic connection that [...]

IU LAB announces accelerator partnerships with Gener8tor, Plug and Play

2025-04-24T11:36:34-04:00April 24, 2025|

Originally Originally posted by IBJ on Thursday, April 24, 2025. Read original press release here. Indiana University’s Launch Accelerator for Biosciences, known as IU LAB, on Thursday announced partnerships with three organizations that will recruit and accelerate the growth of high-potential startups that can strengthen Indiana’s place as a leader in life sciences. Gener8tor, a Madison, Wisconsin-based startup accelerator, will run a pre-accelerator program for early-stage startups that have an idea but not yet a viable product. And San Jose, California-based venture capital firm Plug and Play and the Central Indiana Corporate Partnership will collaborate on an accelerator for startups that have a potentially viable product, have demonstrated initial market traction and are preparing for fundraising. In addition, IU LAB announced that its accelerator programs will now be called IU Health Incubator at IU LAB, thanks to a $4.5 million, [...]

With $138M grant from Lilly Endowment, IU launches initiative to accelerate bioscience innovation

2025-03-15T23:01:49-04:00December 12, 2024|

Read the IU News Press Release Funding will support IU LAB, a state-of-the-art facility at 16 Tech harnessing Indiana’s extensive resources to become national leader in bioscience discovery, commercialization, talent development INDIANAPOLIS — Indiana University will lead significant advances in human health and help make Indiana a global leader in bioscience innovation by establishing the IU Launch Accelerator for Biosciences, known as IU LAB, at the 16 Tech Innovation District in Indianapolis. The first-of-its-kind academic-industry initiative is supported by a $138 million Lilly Endowment Inc. grant to the IU Foundation — IU’s largest grant ever in support of research and development. In collaboration with some of the state’s key biosciences organizations — including IU, IU School of Medicine, 16 Tech, Central Indiana Corporate Partnership, BioCrossroads, Indiana Biosciences Research Institute, Regenstrief Institute and IU Health — IU LAB will drive [...]

Over $1 million in grants to start building new apprenticeship pathway

2025-01-07T11:48:01-05:00November 12, 2024|

Grants from the Fairbanks Foundation to fund formation of industry “talent associations” as critical step for new pathway’s goal of welcoming students as early as 2025-2026 school year INDIANAPOLIS – A new professional education and training pathway for Hoosiers rooted in a youth apprenticeship experience starting in high school is one step closer to reality. Today, the Richard M. Fairbanks Foundation announced over $1 million in grants to fund the next steps of the CEMETS iLab Indiana strategic plan to build a new path that could welcome students in at least one occupation as early as the 2025-2026 school year. The Fairbanks Foundation is awarding grants to two Indiana organizations to launch industry “talent associations,” which are organizations that enable employers within their industry to speak with one voice when it comes to their talent needs. The talent associations will [...]

Conexus Indiana: 5 Keys to Driving Indiana’s Manufacturing Future

2024-06-28T14:16:52-04:00June 28, 2024|

Fred Cartwright, President and CEO, Conexus Indiana While there is much conversation in Indiana regarding the future of advanced manufacturing, most of the challenges—and opportunities—the industry faces are not unique to Indiana. Conexus Indiana’s President and CEO Fred Cartwright was reminded of this when he participated in a U.S. Industrial Policy Roundtable in D.C. in May. The event had five key takeaways, which he expanded on in the piece, that mark the need for advancing regional and national discourse concerning this critical sector of Indiana’s economy. Read Cartwright’s recommendations for industry innovation, which include focusing on education and training of our future workforce, providing strategic funding and proactively building the powerful partnerships necessary to effect real change. [READ MORE]

IIB: The jobs of the future are here. Indiana is getting the workforce ready.

2024-06-12T08:43:29-04:00June 12, 2024|

Inside INdiana Business Perspectives article by Ascend Indiana President and CEO Brad Rhorer. During my nearly 30 years in the automotive industry, there was one thing that was constant: Change. When I first started on the production floor 32 years ago, automotive component welding was done by hand; today robots are programmed to weld those same components. Processes, technologies and the workforce have evolved over three industrial revolutions, and as Indiana–and the world–continues to march into the fourth (better known as Industry 4.0), we face an all-too-common theme. With new technology comes the need to upskill and reskill our workforce. READ MORE

Indiana Public News Service: Top industry leaders team up for youth STEM careers

2024-06-10T07:50:07-04:00June 10, 2024|

Companies are increasingly looking for fresh talent in the fields of science, technology, engineering and math (STEM). A recent article by the Indiana Public News Service shows how the Central Indiana Corporporate Partnership (CICP) is helping a Gen Z audience find those companies, jobs and opportunities here in Indiana with its new See Yourself IN program. "A lot of young people, especially our Gen Z'ers, don't really know 'what does that mean' in advanced industries - like sciences, agbiosciences, tech," said Melina Kenned, CEO, Central Indiana Corporate Partnership. "Even that might be too broad. So, this campaign tries to go a layer deeper, to share with Gen Z'ers the different kinds of jobs and opportunities that there are in these advanced industries." READ MORE

Hoosier Ag Today: AgriNovus Indiana works to bring college ‘outsiders’ to Ag through Field Atlas platform

2024-06-10T07:51:40-04:00June 5, 2024|

Photo Courtesy: AgriNovus Indiana AgriNovus Indiana, CICP's agbiosciences initiative, was recently featured in Hoosier Ag Today for its Field Atlas platform that helps build awareness of the agbiosciences industry and connects students with careers and on-farm experiences. As part of the program, AgriNovus provides on-site tours for college students to introduce them to some of the agriculture companies in Indiana. Recently, the initiative led a group of 12 college students from universities in Indiana to Fair Oaks Farms in northwest Indiana and led a farm tour at Solinftec in West Lafayette, Ind. One of the students on the tour found a spark that now has her focused on a life in agriculture here in Indiana. “There is a hidden world literally under here. I can say I was one of the people who thought there was not much [...]

WISH-TV: BioCrossroads is working to grow life sciences in Indiana

2024-04-15T12:05:47-04:00April 15, 2024|

BioCrossroads President and CEO Vince Wong was recently featured on WISH-TV's Business, Equity and Opportunities show with Scott Sander to talk about the growth of the life sciences in Indiana. Indiana is ranked first in the nation for pharmaceutical exports and second in the nation for life sciences exports. Indiana's life sciences sector: $95B annual economic contribution 67,000+ workers 3,000+ life sciences establishments $108,000+ average wage Wong talks about an area of growth for the sector including attracting companies that manufacture devices to treat and manage diseases. He also talks about the need to continue to attract talent into the growing sector. WATCH (Sources: WISH-TV and BioCrossroads)

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