Economic Development Futures Journal

Saturday, January 31, 2004

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Cluster Focus: BioCrossroads in Central Indiana

BioCrossroads is Central Indiana's life science network, a public-private collaboration that supports the region's research and corporate strengths while encouraging new business development. Central Indiana is a global life sciences hub, with 900 private companies employing a skilled workforce of over 85,000, working with multiple nationally-recognized research institutions. With government, industry and academic resources aligned to accelerate business growth, the region is fertile ground for investors and entrepreneurs to build new ventures.

Formerly known as the Central Indiana Life Sciences Initiative, BioCrossroads is a broad collaboration involving public and private entities across the state’s midsection. Its mission is to identify and build upon the area’s strengths in life sciences.

"Our mission is job creation through new business formation," explains Anne Shane, project director for BioCrossroads. The initiative was formed about two years ago by representatives of Indiana and Purdue universities, Eli Lilly & Co., the Central Indiana Corporate Partnership, the Indiana Health Industry Forum and the city of Indianapolis. Founders of the life-sciences initiative set out to tackle four key areas: marketing, capital formation, collaboration and workforce development.

Read a great article summarizing where BioCrossroads will focus its attention from a technology standpoint.

Go here to read more about BioCrossRoads.

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