Building an Economy of the Future

2024-12-20T21:32:09-05:00November 20, 2022|

This report addresses Indiana’s economic challenges to help advance Indiana to a rank in GDP growth and GDP per capita that exceeds its rank among the states based on population (16th). Doing so necessitates urgency, bold actions, and investments, as it requires advancing Indiana from its current 20th rank in GDP growth rate and 31st place in GDP per capita. This ambitious strategy and action plan for Indiana and the Indiana Economic Development Corporation (IEDC) is designed to: Advance productivity and business growth by addressing needs for an available and appropriately skilled workforce and investment in advanced business technologies. Focus on strategic sector expansion and attraction, both in key existing industries and in new opportunity sectors. Increase new business development and entrepreneurship in Indiana rooted in R&D and innovation. Download Report

BioCrossroads releases 2021 annual report

2022-03-28T09:34:42-04:00March 28, 2022|

In addition to global health contributions through medical innovations such as the manufacturing of three COVID-19 vaccines, Indiana’s vibrant and unique life sciences industry continues to make a significant impact on the state through its economic strength, contributing more than $79 billion in 2021. In 2021, BioCrossroads focused on collaborations among industry, academic, government and philanthropy; building the entrepreneurial ecosystem through seed investments; and establishing unique sector assets, such as sector-focused educational and market knowledge reports and analysis. In addition, a partnership with the Indiana Economic Development Corporation resulted in world-class companies expanding and building new facilities in the state to take advantage of life sciences assets. Talent also remains central to growth in Indiana’s life sciences sector, and BioCrossroads is highlighting young talent and growing companies through the Career TraX project. [READ ANNUAL REPORT]

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