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Indiana Launches $60 Million Iron Nation–Indiana To Attract Israeli Tech

State leaders cast the public–private program as a tool to boost wages by linking Hoosier employers to Israeli startups.

Overview

  • Gov. Mike Braun announced a new initiative that totals more than $60 million, with $15 million from the state and over $30 million in private program commitments.
  • The program aims to create a strategic bridge that connects Indiana’s corporations, healthcare systems, universities and communities with Israeli technology companies.
  • Officials say participating startups could set up U.S. headquarters in Indiana and form commercial ties across the state’s business, healthcare, research and industrial networks.
  • Commerce Secretary David J. Adams said the effort fits Indiana’s plan to raise pay and strengthen the economy by engaging promising companies earlier.
  • Leaders said partner lists and engagement details will follow, and noted Iron Nation began after the October 7 attacks to support Israeli startups during market disruption.