Indy Democratic caucus to meet privately with soccer executive Tom Glick
The members are set to meet behind closed doors Wednesday with the man behind Mayor Joe Hogsett’s effort to score a Major League Soccer franchise.
The members are set to meet behind closed doors Wednesday with the man behind Mayor Joe Hogsett’s effort to score a Major League Soccer franchise.
A report issued Monday by BioCrossroads says Indiana life sciences companies saw a decrease in capital and investments last year, but made a significantly higher contribution to the state’s economy than they did the previous year.
The April 25 announcement that the city is pursuing a Major League Soccer franchise followed more than three months of secret phone calls, emails and other interactions between city leaders, MLS officials and a longtime soccer executive named Tom Glick.
The program, a joint effort between Butler University, Indianapolis-based TechPoint and Wisconsin-based gener8tor, offers $100,000 investments to each of the participating companies.
Indiana’s strategy for economic development and job creation has emerged as a key issue in the Republican gubernatorial primary—and the future of the state’s still-developing LEAP district in Boone County could be at stake in the outcome.
Google now plans to spend $2 billion on its data center project in northeast Indiana, the tech giant announced Friday—more than double the amount the company said it would originally invest in the development.
TechPoint has secured a $50,000 cash prize from the U.S. Small Business Administration to help with this effort.
The huge investment is pushing up forecasts for how much energy will be needed in the United States in the coming years to run data centers.
Production of a new battery electric vehicle at the plant is expected to result in 340 new jobs by the end of 2025, Toyota announced Thursday.
Business executive and baseball analyst Alex “A-Rod” Rodriguez will be among the keynote speakers at this year’s Rally innovation conference in Indianapolis, organizers announced Tuesday.
Indiana Gov. Eric Holcomb, who is in Mexico on an economic development trip after visiting Brazil earlier in the week, said progress has been made on the trip.
The temporary public park that occupied a quarter of Monument Circle for four months last year is coming back for longer stay this summer in a slightly different location.
The South Korean company’s announcement made waves across Indiana, but so did a decision by Minnesota-based SkyWater Technology to cancel its project at Purdue after not receiving hoped-for federal funding.
Dozens of projects will be considered for funding, including housing and placemaking projects in Bargersville, McCordsville and Martinsville; an amphitheater in Anderson; the Innovation Mile in Noblesville; and the redevelopment of Circle Centre Mall in downtown Indianapolis.
Fifteen regions will share in $500 million in funding from the second round of the Regional Economic Acceleration and Development Initiative.
Fifteen regions representing all 92 counties have submitted proposals for the $500 million program, which the state estimates will generate at least $3 billion in local public and private investment.
In return, the state is offering an incentive package of almost $700 million, making it the largest economic development deal in Indiana history.
No specific details have been disclosed, but Gov. Eric Holcomb, Indiana Secretary of Commerce David Rosenberg and Sen. Todd Young (R-Ind.) are expected to join Purdue President Mung Chiang for the announcement.
The seven-week program, called MBXax, covers topics including sales and marketing, business models, product/market fit and go-to-market strategies.
The IEDC said the first-quarter financial commitments, which came from 45 companies planning to locate or expand in Indiana, ranged from $81,000 to $11 billion apiece.