The Heritage Group discontinues business accelerator program
The company said it wants to focus more on innovation activities within its 30-plus existing operating companies.
Susan Orr
Articles
Braun arranging for independent IEDC audit amid transparency concerns
Gov. Mike Braun told IBJ on Tuesday that his office was finalizing the details of an independent audit of the state’s economic development agency: “Hoosier taxpayers deserve clear accountability for how their dollars are spent.”
Takeover expedites Republic Airways’ IPO goal
Mesa Air Group is a quarter of the size of Republic, but Mesa is publicly traded. Once the deal closes, the combined company will change its ticker symbol from MESA to RJET, continuing to trade on the Nasdaq market.
Fishers-based tech firm Trabian acquires software platform
Fishers-based software development firm Trabian Technology Inc. has acquired a platform that the company says will allow it to work more quickly and efficiently. As part of the acquisition, Trabian also picked up some of Core10’s customers and a handful of its employees.
Carmel-based trucking tech firm DriverReach acquired
DriverReach’s founder and former CEO said he’s now turning his focus to a nonprofit he launched last year.
Stock Yards Bank continues central Indiana growth with sixth branch
Louisville-based Stock Yards Bank & Trust is moving forward with plans for additional branches in the Indianapolis-area market over the next several years.
FDA upheaval worries local companies
The Trump administration’s recent announcement that it plans to eliminate about 3,500 FDA jobs is creating uncertainty among Indianapolis-area companies that interact with the federal agency.
Indianapolis tech startup Ekkobar selected for international sports tech development program
More than 1,600 companies applied for this year’s cohort of the Comcast NBCUniversal SportsTech program, and Ekkobar was the only Midwest-based company chosen.
New lender’s approach will be a first for state
Evansville-based Old National Bank is working on a first-of-its-kind effort: the launch of an Indiana-based bank whose target customers are minorities and those underserved by traditional banks.
Despite CHIPS Act uncertainty, semiconductor industry insiders remain hopeful
President Donald Trump has spoken out against the CHIPS Act, meant to incentivize semiconductor-related development in the U.S., but industry insiders say they’re optimistic the initiative will survive.
Purdue president: Universities must explore private alternatives to federal funding
Amid uncertainty around federal research funding, universities must explore private support, Purdue University President Mung Chiang told an tech industry group on Tuesday.
Companies quietly pull back DEI push
Whether out of fear of losing federal funding, a desire to avoid litigation or a reluctance to seem political, organizations are changing the way they talk about diversity—if not outright cutting back on their pro-diversity efforts.
Purdue University launches business accelerator program
The program for Purdue-connected companies offers the university a way to rekindle or establish the startup founders’ Indiana ties.
Business leaders see Israeli venture fund as a way to attract startups to Indiana
Representatives of Israel-based Iron Nation, established to support Israeli startups during the country’s ongoing war with Palestinian militant group Hamas, came to Indianapolis as part of a U.S. visit to meet with potential investors.
Techstars discontinues Indianapolis-based sports tech accelerator
The company, which worked with 67 startups through the Indianapolis program, has dramatically trimmed its offerings in recent years.
Developer seeking to build large-scale Indianapolis data center
If fully developed, the 468-acre data center complex would have up to four buildings and 400 employees making annual salaries of about $100,000.
Pittsboro officials OK rezoning of 626 acre-site for proposed data center campus
The decision comes as developers seek to build a colocation site—a data center with multiple tenants—on a portion of the 626 acres.
Indianapolis-based High Alpha Innovation rebrands, prepares for new investment round
A spinoff of Indianapolis-based venture studio High Alpha that works with organizations to help them create and launch startups is preparing to announce a new round of investment from its first-ever outside investors, said CEO Elliott Parker.
Regulatory panel denies Stifel’s claim against competitor
A financial industry arbitration panel has ordered Stifel, Nicolaus & Co. Inc. to pay $7 million in attorney’s fees to a group of former Stifel advisers.
Local brothers named in dozens of lawsuits over real estate deals
More than 200 residential properties around Indianapolis are connected to at least one of the more than two dozen active lawsuits that investors, lenders and contractors have filed against brothers Jeremy and Joshua Tucker.