The Institute for Industrial and Applied Life Sciences, a public/private cooperative effort to enhance workforce and economic development in the Midwest region, has renamed itself Innovation Stockyard.

Innovation Stockyard specializes in animal health, but can provide support services for any idea. The team can help test and develop the idea and assist with a business plan, marketing, grant writing, product distribution, securing capital and more. Innovation Stockyard operates the Kit Bond Science and Technology Incubator on campus. The 25,000-square-foot incubator includes office space and a community laboratory space for all clients, complete with science officer and laboratory manager.

Current tenants of the Bond Incubator include the United States Animal Health Association, Method Genetics, New Functional Polymers and Sopharmia.