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Home » Economic Development

Economic Development

Battery-maker EnPower sees big opportunities ahead

May 1, 2026
Susan OrrSusan Orr

The company has developed a type of high-performance battery for specialty uses, including drones.

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Rally innovation conference to take one-year pause, organizer says

April 16, 2026
Susan OrrSusan Orr

Elevate launched Rally in 2023 as an annual event aimed at advancing the state’s innovation economy.

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Carmel, Fishers top ‘Best Places to Live’ ranking

May 19, 2026 | Alex Brown, Inside INdiana Business

U.S. News ranked more than 850 cities for its annual ranking.

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State launches ‘Keep IN’ initiative to support small business growth, retention

May 7, 2026 | Alex Brown, Inside INdiana Business

The statewide effort is expected provide resources for small businesses to reduce preventable business closures and support smoother business ownership transitions.

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Noblesville officials to visit Japan as SMC, Toyota grow local footprint

May 4, 2026 | Joey Harris

Mayor Chris Jensen will lead a delegation that includes two Noblesville Common Council members, two economic development officials, Noblesville’s communications director and the city engineer.

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2026 Innovation Issue: EV slowdown forces Indiana battery plants to pivot

May 1, 2026 | Mickey ShueyMickey Shuey

Mayor Tyler Moore said the project is progressing more slowly than initially expected, but Samsung’s involvement has allowed the first battery plant to pivot production to other applications and industries that rely on lithium-ion batteries.

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Bears present potential Hammond stadium to NFL stadium committee

April 30, 2026 | Mickey ShueyMickey Shuey

The Hammond site, a plat at Wolf Lake Park, was presented to the league’s stadium committee on Wednesday along with a proposal for Chicago suburb Arlington Heights, Illinois.

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Republic Airways revives legal fight with Indianapolis over tax-break clawback

April 29, 2026 | Taylor Wooten

The Indiana Court of Appeals is siding with Republic Airways in the latest battle of an ongoing feud between the airline and the city of Indianapolis over $247,522.17 in tax incentives.

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Indiana launches artificial intelligence economic development initiative

April 28, 2026 | IBJ Staff

Called IN AI, the initiative will be overseen by the CEOs of Indiana Corporate Partnership, or CICP. 

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Illinois House approves legislation to keep Chicago Bears in state

April 23, 2026 | Justin Laurence, Crain's Chicago Business

The bill was approved in a bipartisan 72-38 vote after a series of amendments and backroom jockeying played out in the state Capitol.

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READI 1.0 investments fueled $675M in economic impact, study shows

April 23, 2026 | Alex Brown, Inside INdiana Business

Gov. Mike Braun’s office said the goal of the evaluation was to give a comprehensive account of how the READI investments influenced income, job growth, and cultural enrichment throughout the state.

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Longtime business leader Jim Schellinger leaves Indy’s economic development agency

April 17, 2026 | Mickey ShueyMickey Shuey

Indy Economic Development Inc. said his retirement, announced late Friday, is effective immediately. No additional information about his departure was provided. 

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Scott Dorsey: Indiana needs more entrepreneurs, more venture investment

April 17, 2026 | Susan OrrSusan Orr

Speaking at the Economic Club of Indiana on Thursday, local tech leader Scott Dorsey said Indiana needs to develop a higher density of founders, and investors who can support those founders.

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Braun commits $10M for investment in Indiana tech startups

April 16, 2026 | Alex Brown, Inside INdiana Business

The Indiana Economic Development Corp. said Thursday that the $10 million commitment is being made to Indianapolis-based venture capital firm Roll Tack Ventures LLC with the goal of bolstering Indiana’s tech industry.

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Wisconsin-based Faith Technologies to build $67.5M manufacturing plant in Hendricks County

April 9, 2026 | Alex Brown, Inside INdiana Business

The company said it plans a 500,000-square-foot manufacturing facility that will create up to 200 skilled manufacturing and electrical jobs by the end of 2027.

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Braun highlights Indiana’s potential for defense industry

April 8, 2026 | Joey Harris

The governor gave the opening address of the two-day conference focused on advancing national security through mission-driven technology and capability deployment.

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Bears keep talking stadium deal with Illinois, but Indiana leaders stay ‘optimistic’

April 3, 2026 | Tom Davies, Indiana Capital Chronicle

President Kevin Warren indicated this week that the team will give Illinois legislators more time to complete their counteroffer.

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Bears hope to choose stadium site this spring or summer

April 2, 2026 | Associated Press

Chicago Bears President Kevin Warren told reporters at the NFL meetings in Arizona that the Bears are in an “excellent” position as they mull building a new home on land they own in suburban Arlington Heights, Illinois, or in Hammond, Indiana.

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$65B industrial park planned in Sullivan County

March 31, 2026 | Abriana Herron, Inside INdiana Business

Heartland Industrial Park announced plans for a 1,000-plus acre light industrial campus to attract tenants in light manufacturing, data centers, logistics and advanced technology.

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Community Health to make payments in lieu of taxes for Westfield facility

March 30, 2026 | Elissa Maudlin

Community Health has reached an agreement with the city to make annual payments over the next 25 years instead of paying property taxes on its new six-story, 200-bed hospital tower

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IEDC board gives staff more authority, rethinks embattled foundation’s dissolution

March 19, 2026 | Marek Mazurek

Gov Mike Braun is reexamining his previous desire to “wind down” the Indiana Economic Development Foundation, saying Wednesday he sees a future for the nonprofit booster group.

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Braun: $1B state investment in Indiana’s life sciences expected to create 100K jobs

March 17, 2026 | Marek Mazurek

Seeking to position Indiana as a global leader in agritechnology and life sciences, Gov. Mike Braun unveiled a lofty goal in a public announcement Tuesday morning. 

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MAY 22-28, 2026

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IBJ Digital Edition

Lilly goes on $21B buying spree to build drug pipeline

Daniel Bradley

Health care summit uses IMS to draw together leaders from across sector

Tom Murphy / Special to IBJ

Q&A with Schahet Hotels CEO Jeffrey Brown about collaboration with Ball State

Dave Lindquist
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