Biden-Harris Administration Designates Tech Hub in Indianapolis, Indiana to Advance the Biotechnology Sector and Production of Next-Generation Bioproducts
As part of the President’s Investing in America agenda, the U.S. Department of Commerce identifies regional centers primed for innovation and job creation.
Contact: EDA Public Affairs Department, [email protected]
WASHINGTON, D.C. — The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today announced that Heartland BioWorks in Bloomington, Indiana, was designated as one of the 31 inaugural Tech Hubs in regions across the country that show potential for rapid growth in key technology sectors.
Heartland BioWorks, a consortium led by the Applied Research Institute, will catalyze regional biotech innovation and accelerate production of innovative life-saving medicines. This grant will strengthen the nation’s biotechnology supply chain and facilitate the rapid discovery, development, and deployment of next-generation bioproducts.
This designation is part of the first phase of the novel Tech Hubs program, authorized by the CHIPS and Science Act, that will invest directly in high-potential U.S. regions and aim to transform them into globally competitive innovation centers. Designation is an endorsement of the region’s strategy to supercharge their respective technological industry to create jobs and strengthen U.S. economic and national security. Designated Tech Hubs are now eligible to apply for the next phase of the Tech Hubs Program that will invest between $50-$75 million in each of 5-10 Designated Hubs.
“President Biden’s Investing in America agenda is rooted in policies that will empower the United States to out-innovate and out-compete the rest of the world. Our Tech Hubs Program is fundamental to that mission and will supercharge innovation across the nation by spurring cutting-edge technological investments and creating 21st century job opportunities in people’s backyards,” said U.S. Secretary of Commerce Gina Raimondo. “Each of these consortia will help us ensure the industries of the future—and their good-paying jobs—start, grow, and remain in the United States.”
“These outstanding consortia exemplify place-based economic development strategies at their best: combining federal resources with regional assets, expertise, and coalitions to implement transformational opportunities,” said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “As each region develops its own strategy to catalyze innovation and job creation, the entire nation grows more secure and more competitive.”
“This is just the news we hoped to receive. The EDA’s designation of Heartland BioWorks as a Regional Tech Hub is a recognition of Indiana’s rich tradition of innovation and leadership in both the manufacturing and life science sectors,” said Indiana Governor Eric J. Holcomb. “We‘ll continue to strongly support the Hub and look forward to moving forward in the process.”
“As the original Republican champion of the Regional Technology and Innovation Hubs program, my goal was to spur more innovation in technologies of the future in places like Indiana, rather than just Silicon Valley and a few coastal cities. Today’s announcement to designate Heartland BioWorks as a Tech Hub is a recognition of Indiana’s leadership in biotechnology and synthetic biology research and manufacturing, and a major win for Hoosiers. This designation could lead to millions in federal investment and will open the floodgates for more private capital in biotech R&D across the state,” said Indiana Senator Todd Young.
“Indiana has long been a place for technological innovation. We welcome this recognition and hope it will lead to further expansion of our state’s regional—and increasingly national impact. I am particularly proud to see so many Southern Indiana players contribute to this effort. I commend Heartland BioWorks and the Applied Research Institute for their hard work in promoting Indiana’s biotechnology assets and look forward to continuing our progress together,” said Representative Erin Houchin (IN-09).
The 31 Tech Hubs were selected from 198 applications from regional consortia that include industry, academia, state and local governments, economic development organizations, and labor and workforce partners. The Tech Hubs span regions across 32 states and Puerto Rico and represent a cross section of urban and rural regions.
For a full list of Tech Hubs, visit TechHubs.gov.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.