Connect with us

Indiana

Indiana’s Heartland BioWorks Hub to receive $51M in CHIPS Act funding – Inside INdiana Business

Published

on

Indiana’s Heartland BioWorks Hub to receive $51M in CHIPS Act funding – Inside INdiana Business


Listen to this story

Loading audio file, please wait.

Advertisement
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Indiana is set to receive $51 million in federal funding to kick-start its workforce development and startup support initiatives as part of the new Tech Hubs Program, the U.S. Department of Commerce announced Tuesday morning.

Indiana’s Heartland BioWorks Hub was one of 12 hubs chosen to split $500 million in implementation funding stemming from the CHIPS and Science Act and administered by the U.S. Department of Commerce’s Economic Development Administration. The CHIPS and Science Act was co-authored by U.S. Sen. Todd Young of Indiana. CHIPS is an acronym for Creating Helpful Incentives to Produce Semiconductors.

The award builds on the state’s initial designation last October as one of 31 federal hubs across the country (chosen from nearly 380 applicants). The Heartland BioWorks Hub is also one of three hubs based in Indiana and is meant to convene an innovation-focused ecosystem of companies and research entities in targeted sectors.

Advertisement

“Indiana’s new tech hub designation has opened our state up to a next level of opportunities,” Gov. Eric Holcomb said in a statement early Tuesday. “Now that we have been awarded nearly $51 million to support the implementation, it’s full steam ahead in workforce development and building the specific talent pipelines to support the exact type of innovative business growth and entrepreneurship we want.”

The allotment is a “tremendous” win for the Applied Research Institute, the hub petitioner and organizer, and the larger state biotech sector, CEO David Roberts told IBJ. The award is a reflection of the decades of state and private investment in the animal and plant sector, he said.

Roberts attributed the award to industry leaders in the state—such as Eli Lilly and Co., Corteva Agriscience and Elanco Animal Health—and higher-education partners, including Purdue University, Ivy Tech Community College and Indiana University, who have embraced and collaborated in these efforts. 

“What we do know is … that is a region that is ready with all the right ingredients to be really kind of supercharged for growth over the next few decades,” Roberts said. “That probably is something that set us apart.”

Indiana is home to three federal tech hub designations, which Roberts said is an “overwhelming” accomplishment. The state also houses the Silicon Crossroads Microelectronics Commons Hub, which received $33 million initially and is awaiting more funding decisions within the year, and the Midwest Alliance for Clean Hydrogen, or MachH2, Hub, which could receive upward of $1 billion in grant funding.

Advertisement

“We really put these three on the board and said, ‘We got to win at least one of these,’” Roberts said. “We’re just humbled and thrilled that we’re now three for three.”

The funding serves as a “seal of approval that we are this global leader in biotech manufacturing and will be for the foreseeable future,” said Andrew Kossack, executive vice president for partnerships and general counsel for the Applied Research Institute. “It’s just great news for the state and a great recognition of [Young’s] efforts.”

New programs, grants and a headquarters

The money will fund several initiatives falling into two buckets: workforce development (a top priority across the board for ARI) and support for early-stage companies. 

Kossack said the hub’s workforce development programming seeks to supply the growing industry with needed workers. ARI will work with its higher-education partners to develop training and upskilling programs specifically for the sector.

Advertisement

Another program will allow early-stage entrepreneurs and companies to apply for grants to access often cost-prohibitive product-development facilities. ARI also seeks to build a network of resources, funding opportunities, mentors and facilities to support young, innovative companies.

The two priorities converge through the creation of a training and demonstration facility, referred to as BioWorks HQ, at 16 Tech in Indianapolis, Kossack said. Several training programs will be launched out of the location, and startup leaders will have access to wraparound support.

It boils down to creating a “flywheel” of talent and activity, Kossack said, leading to more employers establishing themselves in Indiana. 

The next step for ARI with the bioworks hub is to negotiate contracts. After that, more details and timelines will be available.

ARI said anyone interested in learning more or getting involved with the hub and its programs should reach out to heartlandbioworks@theari.us or connect through the hub website. 

Advertisement

Story Continues Below



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Indiana

Ports of Indiana greenlit for first sea cargo container terminal in Chicago

Published

on

Ports of Indiana greenlit for first sea cargo container terminal in Chicago


U.S. Customs and Border Protection (CBP) has approved a proposal from Ports of Indiana-Burns Harbor to establish the first international sea cargo container terminal on Lake Michigan.

This is slated to create the only all-water container route for ocean vessels to serve the greater Chicago metropolitan area via the Great Lakes.

The Burns Harbor terminal is located in northwest Indiana, inside the Greater Chicago Metropolitan Area and within sight of the Chicago skyline. It is part of the 25th largest US port, which handles 25 million tonnes of cargo annually and generates $16.6 billion in annual economic impact.

The Chicago metropolitan area is the third largest in the US with a population of 9.6 million people and is home to the largest intermodal container market in North America. Currently, all containers moving through the Chicago market travel by rail or truck.

Advertisement

READ: Port of Seattle requires 100 per cent of cruise vessels to use shore power

Ports of Indiana received approval from CBP for a staffed container cargo examination facility at Burns Harbor port. They will be responsible for constructing the facility, expected to be completed in 2025.

The Ports of Indiana Commission recently approved a resolution establishing “The Indiana Container Initiative” formalising the organisation’s commitment to vigorously pursue the development of container shipping facilities at its ports and other locations in Indiana.

Among US Great Lakes ports, Cleveland and Duluth currently handle container vessels, while Monroe, Mich., is also pursuing CBP approval. Adding Burns Harbor to the list of Great Lakes container ports would allow shippers to utilise a network of container terminals which now includes the largest metropolitan area on the Lakes.

READ: Port Houston witnesses 21 per cent growth in May

Advertisement

In support of this effort, Ports of Indiana has already garnered Memorandums of Understanding (MoU) from potential partners as well as letters of support from other Great Lakes ports and more than 35 government officials, businesses and trade associations.

As facility planning commences, Ports of Indiana officials are seeking potential partners and customers to advance the project and will be engaging in a few select partnerships to formalise the initial development plans, quantify volumes and develop a scalable terminal that is appropriately sized to meet current and future demands.

“This is a critical step in a long process to establish a container terminal at Ports of Indiana-Burns Harbor and a new supply chain for international container shipments,” said Ports of Indiana CEO Jody Peacock.

“Having an all-water container route into the Midwest could create transformational opportunities, but it will take time to develop. Our port has the capabilities to handle containers today, but we won’t be able to schedule regular container shipments until the Customs’ facilities are fully operational, potentially in 2026.”

READ: Port NOLA records significant growth in intermodal rail volumes

Advertisement

“This new venture comes with major challenges and major opportunities, but our Ports of Indiana team has made this a top priority because we believe it is critical to providing Indiana with a modern port system,” said Ryan McCoy, Port Director at Ports of Indiana-Burns Harbor.

“Great Lakes shipping is limited by a shorter shipping season and the use of smaller vessels, but the potential upside for handling containers is tremendous. Allowing ocean carriers to start serving this market could diversify supply chains, avoid bottlenecks and reduce the overall carbon footprint for shipping to and from the Midwest.”

Last month, the Alabama Port Authority announced its application for a federal grant to launch a major emissions reduction effort at port facilities.



Source link

Advertisement
Continue Reading

Indiana

Indiana Fever guard Kelsey Mitchell reaches major WNBA milestone

Published

on

Indiana Fever guard Kelsey Mitchell reaches major WNBA milestone


LAS VEGAS (WISH) — The Indiana Fever is getting ready to play inside Gainbridge Fieldhouse for first time since June 19.

The Fever (8-13) hosts the New York Liberty (17-3) on Saturday at 1 p.m. EDT.

Indiana is coming off a 19-point loss in Las Vegas Tuesday night against the Aces (11-6).

Fever guard Kelsey Mitchell scored a team-high 23 points in the loss. She was 9-of-20 from the field, which includes 5-of-10 from three-point range.

Advertisement

Her performance from behind-the-arc helped her become the 19th player in WNBA history to have 500 career made three-point field goals.

Mitchell has scored in double-digits in each of her last eight games. She leads the team in scoring, averaging 16.6 points per game.

Prior to the Tuesday’s game, Mitchell was announced as a WNBA All-Star, along with Fever teammates Caitlin Clark and Aliyah Boston.

“It’s a really, really big thing for our franchise, but I think, more importantly, kind of just shows where we are as players and where we aspire to be individually,” Mitchell said after Tuesday’s game. “I think any great player and great competitor has an “all-star” somewhere down their list.”

It’s the second season in Fever history that the team is sending three players to a WNBA All-Star Game. The only other time that’s happened was in 2007, when Tamika Catchings, Anna DeForge and Tammy Sutton-Brown went to the All-Star Game.

Advertisement

“To have three All-Stars for the Indiana Fever this year, I’m so proud for them,” Fever head coach Christie Sides said. “So proud for our organization. These guys deserve it. They’ve been working hard, keep getting better. Just shows the future and what that looks like for the Indiana Fever.”

The 2024 WNBA All-Star Game is set for July 20 in Phoenix, Ariz. The game will be played inside Footprint Center.



Source link

Advertisement
Continue Reading

Indiana

Caitlin Clark named WNBA All-Star, LeBron James and Kevin Durant offer praise for Indiana Fever star

Published

on

Caitlin Clark named WNBA All-Star, LeBron James and Kevin Durant offer praise for Indiana Fever star


INDIANAPOLIS — Indiana Fever star rookie Caitlin Clark is officially a WNBA All-Star. Clark, 22, was named an All-Star on Tuesday night. She is one of the 12 players that will make up Team WNBA in Phoenix later this month.

She is averaging 16.1 points and 7.0 assists per game. After a slow start, the Fever are 8-13 and sit in ninth place in the standings. Clark’s growth has been an important part of Indiana’s turnaround, including their four-game winning streak in the middle of June.

Clark’s skill and popularity continue to draw big crowds. Over 20,000 fans attended the Fever’s game against the Las Vegas Aces Tuesday night, and every Indiana home game has drawn at least 15,000 fans this season according to Across The Timeline. Indiana Pacers star Tyrese Haliburton has been among those crowds more than once.

The number of people who show up to watch Clark alone puts pressure on her to play well, as does her own perfectionist personality. She wants to be the best, and some fans expected the Fever to be great this season.

Advertisement

Los Angeles Lakers star LeBron James commented on Clark’s reality and how she can best manage it this season on the Mind The Game podcast. “My advice to Caitlin… Be a horse, Kentucky Derby. Put your blinders on. Go to work. Show up to work,” James began. “Punch your clock in. Prepare yourself. Work on your game, work on your craft. Keep your mouth shut and learn from the vets.”

James went on to celebrate that the WNBA is now using charter flights to get teams around and said that Clark will do a lot for the league. He is rooting for the Indiana rookie guard.

“I hope she (Caitlin) kills. I hope Aliyah Boston does amazing,” James said. Boston was the Fever’s first overall pick in 2023. “She’s a great talent. She seems like a great gal,” James added of Clark.

Clark, who is still just a rookie, is 17th in the WNBA in points per game. The All-Star guard ranks third in assists per night. She has been terrific and led the league in fan voting for the All-Star teams — Boston finished second.

James isn’t the only NBA star who has recently shared his opinions on Clark’s performance and stature. Phoenix Suns forward Kevin Durant commented on the Iowa product and her popularity in an interview with The Wall Street Journal.

Advertisement

“Caitlin’s just got to continue to show up every day. The WNBA is doing a great job of showcasing her. I see her games on ESPN every other day,” Durant said after noting that Clark will be on Team USA for the Olympics at some point in her career despite being left off of the 2024 squad.

“If she continues to keep getting better as a player, her production on the court gets better, then the league will grow,” Durant added.

Indiana started the season 1-8 and had a brutally challenging schedule. Since then, Clark, Boston, and Kelsey Mitchell have guided the team to a 7-5 mark. All three of those players will be All-Stars this season.

“I think it’s great when NBA players come [to games]. I think it’s great that they’re showing their support because I think Women’s Basketball is on the rise,” Boston said last week. “They want to see great basketball, and I think coming and watching us is a great example of that. It’s great.”

Clark, Boston, and the Fever next play on June 6 when they host the New York Liberty.

Advertisement



Source link

Continue Reading

Trending