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INNOVATE INDIANA

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INNOVATION<br />

PROJECT SNAPSHOTS | SECTION 6<br />

INNOVATION DISTRICT SOUTH BEND<br />

THE STREAM FACTORY (#5)<br />

PROJECT SUMMARY<br />

Located in the Renaissance District, the STREAM Factory will be the primary STEM education<br />

hub in Northern Indiana. It is designed around the eight economic sectors of the region to<br />

develop a thriving STEM workforce for current and future industries and employers. The<br />

facility will provide an innovative exhibit space for students, career development classrooms,<br />

laboratory space and a STEM resource area with a lending library for educators and the<br />

community. Additionally, the STREAM Factory will provide professional development courses<br />

for K-12 educators and parents. It’s location within No. 113 at Renaissance District in the<br />

South Bend Innovation District contributes to the area’s density and technical synergies.<br />

EXECUTIVE SUMMARY THE REGION ENGAGED CURRENT TRENDS<br />

STATE OF THE REGION<br />

& QUALITY OF PLACE<br />

IMPACT<br />

This project aligns with the region’s<br />

goals of community-higher education<br />

partnerships, productivity, connectivity,<br />

and high-performing communities since<br />

it connects residents and businesses<br />

with valuable resources and career<br />

development opportunities that are<br />

provided in partnership with the region’s<br />

higher education institutions. It will enrich<br />

the quality of live by providing a source<br />

of education, career development and<br />

entertainment; enhance awareness of<br />

educational requirements related to STEMrelated<br />

careers in the region; facilitate<br />

engagement of STEM partnerships among<br />

various organizations; and establish a<br />

venue for regional businesses to share<br />

their STEM expertise.<br />

PROJECT CONTACT<br />

DR. KATHERINE RUEFF<br />

Michiana Science and Technology<br />

Center, Inc. (MSTCi)<br />

574.283.8076<br />

krueff@sbcsc.k12.in.us<br />

mstciorg.wix.com/mstci<br />

FINANCIAL SUMMARY<br />

Total Capital Expenditures $6,170,000<br />

Private Funding $4,200,000<br />

Local Public Funding $1,500,000<br />

State Public Funding $470,000<br />

Private/Public/Other Ratio 68/32/0<br />

REGIONALCITIESOFNORTHERN<strong>INDIANA</strong>.ORG |<br />

123<br />

VISION & STRATEGY<br />

PROJECTS<br />

STAKEHOLDERS, EXECUTION<br />

& STRUCTURAL CHANGES<br />

BENCHMARKING<br />

& MEASUREMENT<br />

ADDITIONAL SUPPORT

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