Work has officially begun on Indiana University's new Pervasive Technology Institute in Bloomington, Ind., and it's a good thing because the school's Emerging Technologies Center located in Indianapolis is already 98 percent full!

Two sister workforce and industry development organizations that, like the Indy Partnership, are private non-profit initiatives of the Central Indiana Corporate Partnership, are intimately involved with Indiana University's economic development efforts. Both BioCrossroads and TechPoint were mentioned in a press release about the new institute as key contributors to "progress in establishing Indiana as a nationally recognized hub of innovation."

The Pervasive Technology Institute is expected to have a significant impact on connecting, accelerating and promulgating technology and life sciences startup companies within the state of Indiana. In addition to the new facility in Bloomington, the Pervasive Technology Institute will also have a facility on the campus of Indiana University Purdue University Indianapolis (IUPUI) close to the existing Emerging Technologies Center. All of these higher education and business incubator resources are located within the 10-county Indianapolis region.

"There is no denying that the Indianapolis Region boasts some of the most active higher education institutions in the nation when it comes to tech transfer and commercializing the research and development efforts of our universities," said Ron Gifford, president and CEO of the Indy Partnership. "Indiana, particularly the Indianapolis Region, is becoming more well known for its tech-based business clusters including advanced manufacturing, information technology and life sciences."

Ron Walker, president of the Bloomington Economic Development Corporation, said "Bloomington already has six times the national average in life sciences employees and we are a national leader in technology due to e-learning, Bioinformatics, homeland security, Department of Defense and the world’s first School of Informatics. We are thrilled to include the new Pervasive Technology Institute on the roster of economic development assets that make our city so appealing for new jobs and investment."

Learn more about the Indiana University Pervasive Technology Institute.

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Posted by the Indy Partnership Staff