Lilly Endowment Awards $39 Million for Economic Development in Indiana

Lilly Endowment Awards $39 Million for Economic Development in Indiana

The Indianapolis-based has awarded a five-year, $38.9 million grant to in support of CICP's efforts to foster prosperity and a robust economy in northwest central Indiana, the reports.

The grant will support the Wabash Heartland Innovation Network (WHIN), which is focused on making the ten-county region the global epicenter of "Internet of Things" (IoT)-based agriculture and next-generation manufacturing. With the funds, WHIN will collaborate with and to build "testbeds" for the development of IoT applications; establish training centers for students and existing workers; enhance Purdue's Birck Nanotechnology Center for IoT sensors and data analytics; establish a regional initiative fund in support of charitable, educational, and scientific programs that connect leaders in manufacturing and agriculture to IoT experts and researchers; and create a Regional Cultivation Fund to make grants in collaboration with community foundations in and around the region.

"WHIN is positioned to encourage synergistic collaborations among Purdue University, Ivy Tech Community College, , and the region's community foundations and businesses," said Ace Yakey, the Lilly Endowment's vice president for community development. "All of these groups have exceptional strengths and resources to contribute to advancing prosperity in northwest central Indiana through WHIN's efforts to build the region's IoT capabilities, regional identity, and sense of place."

(Photo credit: Central Indiana Community Partnership, Inc.)

Ken Hartman. "." Clinton County Daily News 12/18/2017.