CICP Foundation lands nearly $35M from Lilly Endowment

  • Comments
  • Print

The Central Indiana Corporate Partnership Foundation in Indianapolis has received five grants totaling $34.6 million from Lilly Endowment Inc., the foundation announced Tuesday.

The foundation said the funds will be used to support collaborative projects in Indiana’s agbiosciences, life sciences, advanced manufacturing and logistics and technology sectors.

The projects will be led by four of the CICP’s sector initiatives: AgriNovus Indiana, BioCrossroads, Conexus Indiana and TechPoint.

A portion of the funding will be used to support CICP’s coordinated leadership to deliver programs and projects related to digital technology growth, entrepreneurial opportunities, and opportunities for diversity, equity and inclusion. The foundation said it identified the priority areas based on the findings of the Indiana GPS Project, which is a study of the state’s economy.

“CICP is uniquely positioned to identify, understand and address many of our region’s greatest economic issues and challenges, thanks to the generous support of Lilly Endowment,” said CICP chief executive David Johnson.

The foundation said the funding will also allow for further development of existing platforms such as AnalytiXIN, which is designed to bring the state’s research universities and major corporations together to “deepen regional capacities in areas such as artificial intelligence, machine learning and data analytics.”

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.

2 thoughts on “CICP Foundation lands nearly $35M from Lilly Endowment

  1. Wouldn’t be 2022 without homage to “opportunities for diversity, equity and inclusion”. Hope a ROI is reported for everyone receiving $$$.