Key Takeaways
- Governor Mike Braun announced a $1 billion state investment in agricultural and life sciences sectors with the goal of creating 100,000 high-wage jobs over 10 years.
- The initiative is anchored by global companies including Eli Lilly and Company, Elanco Animal Health, and Corteva Agriscience, alongside research institutions like Purdue University and Indiana University.
- Gov. Braun designated the Central Indiana Regional Development Authority (CIRDA) as the first regional steward to coordinate alignment and execution of the initiative.
- The investment aims to make Indiana the premier U.S. destination for human therapeutics, animal health, agritech, biotechnology, and environmental innovation.
- Funds will be tied to measurable outcomes to ensure accountability and long-term return on investment as part of the state's commitment to accelerate life sciences sector growth.
Gov. Braun's Investment Strategy
Governor Mike Braun formally announced a major $1 billion investment in agricultural and life sciences, positioning Indiana as the premier destination for biotechnology and agritech innovation. The initiative builds directly on Gov. Braun's Executive Order 25-45, which directed Indiana's regions to submit formal growth plans tied to employment growth, per capita income, and educational attainment.
“Indiana is leading in life sciences, and today we're investing to accelerate that growth with the goal of creating 100,000 new high wage jobs over the next 10 years,” said Gov. Braun. “Based on measurable outcomes to ensure accountability and long-term ROI, this investment will make Indiana the re-shoring and expansion epicenter and premier destination for human therapeutics, animal health, agritech, biotechnology, and environmental innovation.”
Industry Partnerships and Regional Leadership
The initiative is anchored by global companies such as Eli Lilly and Company, Elanco Animal Health, and Corteva Agriscience, alongside innovators including Roche, Novartis, Labcorp, Cook Medical, Beck's Hybrids, and Langham Logistics. These industry leaders operate in partnership with world-class research institutions, including Purdue University and Indiana University.
