Government & Economic Development

IEDC unveils statewide entrepreneurship initiative

March 3, 2011
Elevate Ventures could attract an additional $30 million in matching federal and private funding to support entrepreneurs statewide, Indiana Economic Development Corp. officials say.
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Unemployment aid requests fall to near 3-year low

March 3, 2011
Associated Press
Applications for unemployment benefits fell by 20,000, to a seasonally adjusted 368,000, the U.S. Labor Department reported Thursday. Applications are now at their lowest level since May 2008.
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Daniels: Legislative impasse may preclude White House run

March 2, 2011
Associated Press
Indiana Gov. Mitch Daniels said he would stay focused on state matters even if doing so means he would miss a window of opportunity to launch a possible run for the White House.
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Partnership aims to help Midwest manufacturers

March 2, 2011
Associated Press
The Obama administration is creating a $4.5 million partnership between the private sector and government to help Midwest manufacturers access high-tech computing to speed up design cycles for future products.
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DeVry wins abatements for nursing school

March 2, 2011
Scott Olson
The Metropolitan Development Commission awarded the tax abatements for the nursing school, set to open in October, despite opposition from the Nora-Northside Community Council and Metropolitan School District of Washington Township.
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Bosma considers fines for boycotting Democrats

March 1, 2011
Associated Press
Indiana House Speaker Brian Bosma says fines are among the only options left to try and persuade boycotting Democrats to return to the Statehouse after a week spent in Illinois.
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Key House Republican praises Obama housing plan

March 1, 2011
Associated Press
The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the mortgage market drew praise from House Republicans on Tuesday.
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Indiana private-school voucher bill faces changes

March 1, 2011
Associated Press
To win solid support for the bill from his own caucus, House Speaker Brian Bosma said Republicans are considering limiting the number of students who could receive vouchers and may further restrict qualifying income levels.
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City-County Council OKs new crime grants board

March 1, 2011
Kathleen McLaughlin
The Indianapolis Parks Foundation will administer the city's tax-supported crime grants program, under a proposal approved Monday night 26-0 by the City-County Council.
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North of South development to start this summer

March 1, 2011
Tom Harton
Now that financing for Buckingham Cos.’ massive project has the city’s blessing, the local developer is turning its full attention to construction of the 14-acre, mixed-use complex.
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Republicans turn up public pressure on Dem holdouts

February 28, 2011
Associated Press
Republicans are trying to turn up the political heat on Indiana House Democrats who left the state to stall labor- and education-related bills they find objectionable.
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Tax cut lifts incomes, but spending barely rises

February 28, 2011
Associated Press
Consumers increased spending 0.2 percent in January, the smallest gain since June, the Commerce Department reported Monday. Personal incomes jumped 1 percent, reflecting the 2 percentage point reduction from the Social Security tax cut.
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Congress takes up major change in patent law

February 28, 2011
Associated Press
Congress has been trying for well over a decade to rewrite patent law, only to be thwarted by the many interested parties.
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Partisan divide could threaten long-term education reform

February 26, 2011
Francesca Jarosz
Indiana’s Republican-controlled Legislature will likely pass the bulk of education-reform measures being pushed this year by party heavyweights, but partisan rancor could threaten the long-term prospects for a sweeping overhaul of the state’s public schools.
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Indy Chamber rolls out app

February 26, 2011
 IBJ Staff
The MyChamberApp works with the usual suspects, such as the iPhone, iPod, Android and Blackberry.
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Indiana overpays localities $610M over 3 years

February 25, 2011
Associated Press
State budget officials are seeking to recoup much of nearly $610 million overpaid to local governments in fiscal years 2009, 2010 and 2011 due to income tax revenue estimates thrown off by the lingering recession.
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Indianapolis library system sees drop in visits

February 25, 2011
Kathleen McLaughlin
The Indianapolis-Marion County Public Library system, which reduced hours to deal with budget cuts, saw patron visits drop 15 percent in 2010, to just more than 5 million.
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Protest turns to camp for border-crossing Indiana Democrats

February 25, 2011
Bloomberg News
Labor unrest and proximity have made the Land of Lincoln the haven of choice for out-of-state lawmakers looking to block Republican-backed bills.
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City seeks replacement for GM plant

February 24, 2011
Francesca Jarosz
Indianapolis will spend $115,000 on a study to explore redevelopment opportunities for the 102-acre GM Stamping Plant property west of downtown that will close this summer.
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Daniels signs jobless-fund bill that unions fought

February 24, 2011
Associated Press
Indiana Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana's debt-ridden unemployment fund that labor unions had opposed because it will reduce jobless benefits for some people while softening business tax increases.
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Ballard says jobs, neighborhoods critical

February 24, 2011
Francesca Jarosz
Creating a climate that allows businesses to thrive and improving Indianapolis’ neighborhoods will be critical to the city’s future success. That was the message Mayor Greg Ballard conveyed Thursday night in his fourth-annual State of the City speech, delivered at the Indianapolis Artsgarden downtown.
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Indiana lawmakers urge NFL, players to reach deal

February 24, 2011
Associated Press
Lawmakers from Indiana, home of next season's Super Bowl, are urging the NFL and players union to avoid a work stoppage that would have a "devastating impact" on the state's economy.
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Ballard: City must build 'attractive urban environment'

February 24, 2011
Francesca Jarosz
The theme of Indianapolis Mayor Greg Ballard's fourth-annual State of the City address will include putting “the needs of the next decade ahead of the next day, next year or next election,” according to excerpts released Wednesday.
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Indiana official out of job after 'live ammo' tweet

February 23, 2011
Associated Press
An Indiana deputy attorney general "is no longer employed" by the state after Mother Jones magazine reported he tweeted that police should use live ammunition against Wisconsin labor protesters, the attorney general's office said Wednesday.
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Casket maker plans $16.5M investment, 300 jobs

February 23, 2011
Scott Olson
Indianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.
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  1. I am so impressed that the smoking ban FAILED in Kokomo! I might just move to your Awesome city!

  2. way to much breweries being built in indianapolis. its going to be saturated market, if not already. when is enough, enough??

  3. This house is a reminder of Hamilton County history. Its position near the interstate is significant to remember what Hamilton County was before the SUPERBROKERs, Navients, commercial parks, sprawling vinyl villages, and acres of concrete retail showed up. What's truly Wasteful is not reusing a structure that could still be useful. History isn't confined to parks and books.

  4. To compare Connor Prairie or the Zoo to a random old house is a big ridiculous. If it were any where near the level of significance there wouldn't be a major funding gap. Put a big billboard on I-69 funded by the tourism board for people to come visit this old house, and I doubt there would be any takers, since other than age there is no significance whatsoever. Clearly the tax payers of Fishers don't have a significant interest in this project, so PLEASE DON'T USE OUR VALUABLE MONEY. Government money is finite and needs to be utilized for the most efficient and productive purposes. This is far from that.

  5. I only tried it 2x and didn't think much of it both times. With the new apts plus a couple other of new developments on Guilford, I am surprised it didn't get more business. Plus you have a couple of subdivisions across the street from it. I hope Upland can keep it going. Good beer and food plus a neat environment and outdoor seating.

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