State of Indiana Budget Committee Approves $30 Million Grant for the Orthopedic Industry Retention Initiative

The State of Indiana Budget Committee approved the $30 million grant for the Orthopedic Industry Retention Initiative designed to attract talent and to retain and expand the orthopedic device industry in Indiana.

The State Budget Committee voted Tuesday to approve the $30 million grant from the state of Indiana to OrthoWorx that was appropriated by the General Assembly in April of 2023 for fiscal year 2025. With this milestone, OrthoWorx will begin the deployment of these funds in conjunction with the start of the 2025 fiscal year, which commences on July 1, 2024…