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IEDC board OKs public release of forensic audit of agency, affiliated entities

September 24, 2025 | Susan Orr

Gov. Mike Braun ordered the audit in April, citing unspecified concerns about transparency at the Indiana Economic Development Corp. and its related entities.

UPDATE: IEDC board allows Elevate Ventures to continue investment activity

September 24, 2025 | Susan Orr

The move came hours after Gov. Mike Braun—whose administration last spring froze funding for the nonprofit—made an unscheduled appearance at Elevate’s Rally innovation conference.

IU group among finalists for up to $160M to develop musculoskeletal health hub

September 23, 2025 | IBJ Staff

The goal of the National Science Foundation’s Engines program is to grow regional innovation ecosystems.

Braun says Trump administration has not threatened state’s federal funding over redistricting

September 23, 2025 | Marek Mazurek

Still, Trump administration officials have been pushing Indiana Republicans to call a special session focused on redistricting. Most notably, Vice President J.D. Vance traveled to Indianapolis to speak with Braun.

Checking in with past winners of Rally’s IN-Prize pitch contest, aimed at bringing startups to Indiana

September 22, 2025 | Susan Orr

The pitch contest, which comes with the potential for up to $1 million in rewards for each of the winners, returns this week as part of Elevate Ventures’ annual Rally innovation conference.

Trump administration seeks to redistribute $2.4B pulled from California’s high-speed railroad

September 22, 2025 | Associated Press

The administration wants to use the money for a new $5 billion program announced Monday to fund rail projects to boost passenger rail traffic nationwide.

Indiana agencies cut staff, contracts as mandatory spending plans roll in

September 22, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

A grim May revenue forecast prompted lawmakers to cut most agency appropriations by 5% in the latest budget—and authorized the State Budget Agency to withhold another 5%.

Applied Research Institute promotes Kossack to CEO

September 19, 2025 | Alex Brown, Inside INdiana Business

The institute declined to provide a reason for the departure of David Roberts, who had led the organization since January 2023.

City bailout keeps plan alive for Gold Building

September 19, 2025 | Mickey Shuey

A city commission is backing the Hogsett administration’s effort to salvage the long-planned redevelopment of the Gold Building downtown, which for months has been hampered by financial challenges that nearly derailed it.

How Indy-area businesses use AI to train employees

September 19, 2025 | Sam Stall

The Carmel-based company, Murray Mentor, has created a voice-in-the-ear AI program that allows novice factory employees to tap the expertise of some of the most-seasoned employees—even if those employees retired long ago.

House passes bill to avoid partial government shutdown, but prospects in Senate look dim

September 19, 2025 | Associated Press

Democratic leaders are adamantly opposed to the bill and are threatening a government shutdown if Republicans don’t let them have a say on the measure.

Bill Taft: Foundations helping to offset government funding cuts

September 19, 2025 | Bill Taft

While community foundations typically invest their assets in Wall Street stocks and funds, a growing number are expanding their impact by investing their capital into local economic development.

Claire Fiddian-Green: Can Final Four initiative boost state reading levels?

September 19, 2025 | Claire Fiddian-Green

One of our committee’s priorities is supporting Read to the Final Four, the NCAA’s annual literacy challenge aimed at strengthening literacy skills and fostering a love of reading.

New bill seeks to restore millions in Medicaid funding to Indiana hospitals

September 18, 2025 | Marek Mazurek

Hospital leaders who spoke with Inside INdiana Business emphasized the bill wouldn’t increase funding, it would give hospitals access to funding that’s already been allocated.

Los Angeles-based startup behind proposed Martindale-Brightwood data center

September 18, 2025 | Taylor Wooten

The company describes the data center planned for 2505 N. Sherman Drive as “state-of-the-art” and “high-density” with an air-and-water-based cooling system.

Budget panel OKs $15.8M for upgrades at immigration detention site

September 18, 2025 | Casey Smith, Indiana Capital Chronicle

New details on the state’s contract with ICE show Indiana could make millions of dollars on the detention-site deal.

Commission unanimously approves $18M bailout for Gold Building developers

September 17, 2025 | Mickey Shuey

IBJ reported earlier this week that the developers faced foreclosure on the Gold Building and its two adjacent properties without the loan.

Anderson awarded $45M for water infrastructure improvements

September 17, 2025 | Eric Dick

The state funding package will help pay for a slew of water infrastructure improvements, including a new water plant, new water wells and the replacement of all lead pipes.

Fishers 2026 budget proposal includes funding for new city positions, raises

September 16, 2025 | Daniel Bradley

The budget proposal presented by Mayor Scott Fadness to the Fishers City Council for next year also contains funding for seven road projects, including multiple roundabouts.

‘Power Up’ initiative seeks to boost employee upskilling efforts

September 16, 2025 | Alex Brown, Inside INdiana Business

Using $10 million appropriated by the Legislature, the state’s Office of Commerce says it will provide grants to employers to offer training with the goal of building skills to match the needs of their open positions.

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