updated: 8/16/2012 12:32:03 PM
Indiana's two main gubernatorial candidates continue to outline policies they hope to implement if their election campaigns are successful. Republican Mike Pence is proposing a partnership of life sciences companies and university leaders. Democrat John Gregg's campaign will be outlining details of an "Invest in Indiana" proposal this afternoon.
August 26, 2012
Carmel, IN - Continuing his focus on jobs and the economy, Mike Pence today announced his plans to create jobs by accelerating the commercialization of new technologies and attracting new businesses.
"Much of Indiana's job growth is driven by entrepreneurial ventures and companies that move into the state," said Pence. "If we want more jobs and better jobs, we have to launch and attract more high-growth, high-impact firms."
Pence proposed creating a partnership with life sciences companies and university leaders to launch an industry-driven applied research institute. The private Indiana Applied Research Enterprise (IARE) will help connect university researchers with entrepreneurs and investors to increase the volume of commercial opportunity coming from Indiana research institutions.
A new Executive Innovation Network of Governor-appointed business executives, entrepreneurs, investors and university executives will work to bring more investment and faster commercialization to the discoveries made in our universities.
IARE and the EIN will capitalize on Indiana's strength in life sciences, which already contributes $44 billion year to the state's economy and, according to a 2012 Batelle Study for BioCrossroads, has $330 billion in market potential.
"Indiana has outstanding universities doing world-class research and the right business expertise to help move those ideas into the marketplace," said Pence. "We can combine these assets to create good-paying new jobs and grow the state's life sciences sector."
Pence also would work to attract established companies to the state by engaging CEOs in marketing Indiana's attractive business environment and by hosting an annual national site selection conference.
Source: Mike Pence for Indiana Committee
INDIANAPOLIS – TODAY, Thursday, August 16th, Indiana candidate for Lt. Governor Senator Vi Simpson will hold a press conference in South Bend to discuss her and her running mate John Gregg's "Invest in Indiana" policy proposal.
WHO: Indiana candidate for Lt. Governor, Sen. Vi Simpson
WHAT: Press Conference
WHEN: TODAY, Thursday, August 16th
1:30 PM EDT
WHERE: South Bend
Source: Gregg for Governor