Program Overview
The BioLaunch project for the Heartland BioWorks Tech Hub aims to accelerate innovation, development, and commercialization of biotechnology and biomanufacturing solutions through two key programs: 1) BioStart provides mentorship and peer-to-peer support for biotech startups, and 2) BioCAN (the BioResource Coordination and Access Network) connects biotech innovators with Indiana resources and provides grants to support scale-up and commercialization of solutions.
Indiana is home to a robust network of contract development & manufacturing organizations (CDMOs), labs, and digital assets equipped to accelerate commercialization of a wide range of biotechnology solutions. Heartland BioWorks seeks to support innovator access to Indiana’s network of biotechnology drug substance manufacturers; industrial biotechnology precision fermentation manufacturers; formulation, fill, and finish drug product manufacturers (for both biopharmaceutical and pharmaceutical products); and other contract or support organizations relevant to biotech development. BioCAN Grants will offset project costs for late-stage development, clinical, and commercialization activities that utilize these resources in Indiana.
The U.S. Economic Development Administration (EDA) has approved deployment of $9,000,000 of non-dilutive fixed amount awards as BioCAN Grants over the next several years. Individual grants will range from $50,000 to $500,000, with an expected total between $500,000 and $1,000,000 in awards per funding cycle.