Plug and Play and Indiana University Launch IU LAB Lifetech Accelerator in Indianapolis
Plug and Play and Indiana University have officially launched the IU LAB Lifetech Accelerator in Indianapolis, announced in a press release. The initiative, developed in collaboration with BioCrossroads and IU Health, aims to strengthen life sciences innovation in Indiana and attract startups from around the world.
The accelerator is located in the 16 Tech Innovation District and will focus on therapeutics, medical devices, diagnostics, and biotechnology. It integrates education, research, and business acceleration to create a pipeline of innovation in the state's life sciences sector.
The program will provide startups with access to mentors, workshops, pitch sessions, and corporate partnerships. It plans to support up to 40 startups annually, with the first 14-week cohort scheduled to begin in October 2025.
Plug and Play's expansion to Indianapolis builds on its Medtech accelerator in Warsaw, Indiana. The firm stated that the IU LAB Lifetech Accelerator aligns with its mission to connect startups, industry, and investors to accelerate innovation in health and life sciences.
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