Business

Notre Dame getting $42.4M to accelerate regional innovation

Posted April 26, 2019 7:00 am

The Associated Press

SOUTH BEND, Ind. (AP) - The University of Notre Dame is getting $42.4 million to help accelerate regional innovation as well as workforce and economic development in northern Indiana.

The grant announced Friday is from the Lilly Endowment Inc. to form the Labs for Industry Futures and Transformation Network, known as the LIFT Network.

The 5-year grant will bring together Notre Dame, the South Bend-Elkhart Regional Partnership and other key regional stakeholders. Aims include helping to further advance the region as a leader in next-generation manufacturing, entrepreneurship, applied analytics and technology.

The grant is expected to help leverage additional LIFT Network funding. Regional leaders envision a total combined investment reaching nearly $170 million.

The LIFT Network is the sixth Indiana regional community and economic development initiative that the Lilly Endowment has supported since 2007.

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