Business Ownership Initiative of Central Indiana focuses on one-on-one counseling, capital access.
For the first time, cities and counties in Indiana can use local income-tax revenue to offer companies cash rebates for new jobs that go to local workers.
Money for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
Indianapolis-based DGP Intelsius LLC, a manufacturer and distributor of temperature-controlled packaging, announced on Tuesday morning that it plans to add 80 jobs by 2014 as part of an $870,000 expansion.
Advion, a provider of bioanalytical research and a subsidiary of Ithaca, N.Y.-based Advion BioSciences Inc., is expected to open the 22,000-square-foot lab in mid-May with 49 employees, according to the company’s application.
Develop Indy, Marion County’s local economic development organization, plans to lead a delegation of officials to Australia to attract life sciences-related business opportunities, the group announced Friday morning.
A merger among local economic development organizations could further diminish the role Indy Partnership plays in recruiting jobs to the city and region.
Local economic development groups Indy Partnership and Develop Indy plan to combine operations to save money and more effectively pitch the city and region to potential job creators.
Develop Indy was often confused with other business development groups, particularly the Indiana Economic Development Corp.
Former Indiana Economic Development Corp. project manager will focus on developing business relationships with European companies.
Economic development mission targets clean technology and motorsports business-development opportunities.
Indianapolis Mayor Greg Ballard said the city expects to recover $5.5 million from companies that failed to meet job requirements. The
city will use the money to fund economic development, convention, tourism and education efforts.