Indiana Commits $1 Billion to Life Sciences and AgTech, Sets 100,000 High-Wage Job Goal

Overview

• Governor Mike Braun announced a $1 billion statewide initiative to expand agricultural and life sciences industries over the next decade.
• The plan targets 100,000 new high-wage jobs, positioning Indiana as a hub for therapeutics, animal health, agritech, biotechnology, and environmental innovation.
• Indiana Secretary of Commerce David Adams said incentives will be paid only when jobs materialize at or above 125% of the county average wage.
• The Central Indiana Regional Development Authority was named the first regional steward, with Chair Scott Fadness leading early execution and regional alignment.
• Major corporate and academic anchors backing the effort include Eli Lilly, Elanco, Corteva, Roche, Novartis, Cook Medical, Purdue University, and Indiana University.