FORT WAYNE, Ind. (WOWO): IU plans to have a presence at Electric Works.
The university will create the Indiana University Research and Technology Corp. (IURTC) at the former GE campus. The IURTC is a non-profit entrepreneurial program that works to commercialize technology created by IU researchers and affiliates. The corporation has more than 3,000 inventions and more than 4,000 patent applications filed since 1997.
“While Indiana University’s primary focus in northeast Indiana will always be on our IU Fort Wayne campus, Electric Works provides us with a unique opportunity to tap into the entrepreneurial expertise of the IU alumni network in the region, as well as those associated with a broad range of entrepreneurial endeavors,” IURTC President and CEO Tony Armstrong said.
Specific details on how IUTRC will use Electric Works has not been released. However, IUTRC has similar operations with the Fishers IoT Lab, Union 525 in Indianapolis, Dimension Mill in Bloomington and Westgate at Crane.
Indiana Tech signed a letter of intent to lease space at Electric Works in late 2017. However, plans for their space have not yet been finalized.