Huber highlights major potential impacts of IU Indianapolis campus, IU’s multimillion-dollar investments in microelectronics sector at Indiana Fiscal Policy Institute’s annual luncheon
At the Indiana Fiscal Policy Institute’s annual luncheon, held last week in downtown Indianapolis, Indiana University Vice President for University Relations Michael Huber underscoredIU’s commitment to building the “nation’s best public, urban research university” in Indiana’s capital city and the potential major impacts of theIU Indianapolis campus onstrengthening the Indiana economy, improving Hoosier healthandretainingtop talent in the state.
During his address, Huber discussed IU’s development of a dedicated science and technology corridor in Indianapolis, which he said will advance STEM education and research programs that meet targeted regional workforce needs. In alignment with the goals of the IU 2030 strategic plan, the new Sci-Tech Corridor, to be located at Michigan and West streets on what will soon be the IU Indianapolis campus (now IUPUI), will also be a focal point for collaboration—including research and development—between IU and industry across central Indiana.
The corridor will complement the large and growing science and technology ecosystem in downtown Indianapolis, Huber said, which includes the 16 Tech Innovation District and the campuses of leading Indiana companies working together with IU and Purdue University to meet the state’s demand for applied research in health and life sciences.
“You’ll see a lot of new activity along Michigan (Street), and you’ll likely see a lot of new activity along 16 Tech from both universities,” Huber said.
While some are calling the 65-mile corridor that runs from West Lafayette to Indianapolis as the “Hard Tech Corridor,” Huber drew attention to the rapid emergence of a “Life Sciences/Defense Corridor” spanning the stretch of Interstate 69 between Bloomington and Indianapolis and including IU’s enhanced teaching and research efforts in areas important to national defense and security.
As evidence of IU’s determination to drive the state’s economic competitiveness across emerging industries, Huber highlighted IU’s historic $111 million investment—announced last week—in boosting the growth of the microelectronics industry in Indiana and across the U.S. and accelerating innovative solutions to major national security challenges through enhanced collaboration with Naval Surface Warfare Center, Crane Division.
Collectively, IU’s current and forthcoming investments will address emerging semiconductor technologies, support talent development and respond to critical defense needs. They include financial support for new faculty hires, facilities, equipment and strategic initiatives focused on advancements in microelectronics, nanotechnology, artificial intelligence, machine learning and cybersecurity.
“The significant investments we’re making in academic and research programs, new faculty appointments, state-of-the-art facilities and future-focused collaboration with industry will strengthen IU’s national leadership, further develop Indiana’s microelectronics sector and drive our state’s current and future economic competitiveness,” IU President Pamela Whitten said in announcing the new investments. “They also reflect a shared mission between IU and NSWC Crane to drive deeper strategic collaboration and build the innovative technologies and capabilities critical to our nation’s security and prosperity.”
Read about IU’s historic investments in microelectronics
Economic Engagement Update
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