ED24HDQ0G0469
Project Grant
Overview
Grant Description
Purpose: Launch the Start-Up Academy, which will formalize a network of navigation resources, mentorship opportunities, and funding to help innovators successfully scale and launch their bioproducts in the region.
Develop, implement, and grow the Bioresource Coordination and Access Network (BIOCAN).
Activities to be performed:
1) Hire BioLaunch staff to inventory and build connections to regional biotechnology and entrepreneurship resources.
2) Launch and grow the Start-Up Academy to assist and attract biotech innovators to the region.
Start-Up Academy will help biotech innovators navigate and connect to the resources and mentorship necessary to grow their companies.
3) Coordinate the region's strong Contract Development and Manufacturing Organization (CDMO) capacities and capabilities and robust pilot-scale lab network, funneling US innovators to these resources.
Enable small biotech innovators to surmount key barriers from lab to market by accelerating and supporting access to regional scale-up and manufacturing resources.
Expected outcomes: A robust network of resources available to biotech innovators to help them launch their products in the region.
New founder community formed, innovators engaged in conferences and events, and mentorship made available to entrepreneurs.
280 biotech firms receive concierge services, 140 biotech firms receive mentoring services, and 700 or more hours of mentoring provided by year 5.
Develop the BIOCAN grants process, evaluation, and selection criteria and the grants portal.
36 innovators will receive grants, 28 new products are manufactured by regional CDMOs, and 34 innovators matched with lab space by year 5.
Intended beneficiaries: Innovators and entrepreneurs benefit from curated biotech resources, support services, community, funding, and mentorship.
Contract Development and Manufacturing Organization gain opportunity to produce new products.
Subrecipient activities: BioCrossroads will support review and curation of regional biotechnology and entrepreneurship resources, as well as the launch and growth of the Start-Up Academy.
Develop, implement, and grow the Bioresource Coordination and Access Network (BIOCAN).
Activities to be performed:
1) Hire BioLaunch staff to inventory and build connections to regional biotechnology and entrepreneurship resources.
2) Launch and grow the Start-Up Academy to assist and attract biotech innovators to the region.
Start-Up Academy will help biotech innovators navigate and connect to the resources and mentorship necessary to grow their companies.
3) Coordinate the region's strong Contract Development and Manufacturing Organization (CDMO) capacities and capabilities and robust pilot-scale lab network, funneling US innovators to these resources.
Enable small biotech innovators to surmount key barriers from lab to market by accelerating and supporting access to regional scale-up and manufacturing resources.
Expected outcomes: A robust network of resources available to biotech innovators to help them launch their products in the region.
New founder community formed, innovators engaged in conferences and events, and mentorship made available to entrepreneurs.
280 biotech firms receive concierge services, 140 biotech firms receive mentoring services, and 700 or more hours of mentoring provided by year 5.
Develop the BIOCAN grants process, evaluation, and selection criteria and the grants portal.
36 innovators will receive grants, 28 new products are manufactured by regional CDMOs, and 34 innovators matched with lab space by year 5.
Intended beneficiaries: Innovators and entrepreneurs benefit from curated biotech resources, support services, community, funding, and mentorship.
Contract Development and Manufacturing Organization gain opportunity to produce new products.
Subrecipient activities: BioCrossroads will support review and curation of regional biotechnology and entrepreneurship resources, as well as the launch and growth of the Start-Up Academy.
Awardee
Funding Goals
NON-CONSTRUCTION - FY23 REGIONAL TECHNOLOGY AND INNOVATION HUB PROGRAM PHASE 2
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Bloomington,
Indiana
47408-2671
United States
Geographic Scope
Single Zip Code
Applied Research Institute was awarded
BioLaunch Academy: Scaling Biotech Innovators for Success
Project Grant ED24HDQ0G0469
worth $11,902,664
from Economic Development Administration in October 2024 with work to be completed primarily in Bloomington Indiana United States.
The grant
has a duration of 5 years and
was awarded through assistance program 11.039 Regional Technology and Innovation Hubs.
The Project Grant was awarded through grant opportunity FY 2023 Regional Technology and Innovation Hub Program Phase 2 Notice of Funding Opportunity.
Status
(Ongoing)
Last Modified 8/29/25
Period of Performance
10/1/24
Start Date
9/30/29
End Date
Funding Split
$11.9M
Federal Obligation
$0.0
Non-Federal Obligation
$11.9M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
ED24HDQ0G0469
SAI Number
None
Award ID URI
None
Awardee Classifications
Nonprofit With 501(c)(3) IRS Status (Other Than An Institution Of Higher Education)
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
PHLNLR2KFJQ5
Awardee CAGE
81LB8
Performance District
IN-09
Senators
Todd Young
Mike Braun
Mike Braun
Modified: 8/29/25