IEDC seeks sale of 51 acres at former GM stamping plant site
The Indiana Economic Development Corp, in a request for proposals, said it hopes to sell the property along the White River by the end of September, most likely to a master developer.
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New ed-tech accelerator announces its first four participants
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.
Authenticx, Tenon Software among 2024 Mira Awards winners
TechPoint named its 2024 Mira Awards winners Friday night. The program, which honors achievements in Indiana’s tech sector, recognized 18 winners, including nine from the Indianapolis area.
GOP gubernatorial candidates discuss IEDC, LEAP and how to create jobs
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’s investment in Indiana data center project grows to $2B
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 exploring launch of AI-focused networking group
TechPoint has secured a $50,000 cash prize from the U.S. Small Business Administration to help with this effort.
Big Tech keeps spending billions on AI, mostly for new data centers
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.
Toyota to spend $1.4B to add EV production at Indiana plant
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.
Baseball star Alex Rodriguez announced as Rally conference speaker
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.
Holcomb talks final months, National Guard border shooting, trip to Mexico
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.
Spark on the Circle to return this year with some changes
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.
How the SK Hynix project came together—and another fell apart
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.
Central Indiana nabs $45 million in READI 2.0 funds
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.
Indiana allocates $500 million in READI 2.0 funding
Fifteen regions will share in $500 million in funding from the second round of the Regional Economic Acceleration and Development Initiative.
Governor, IEDC to announce READI 2.0 grant allocations
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.
Semiconductor chip maker plans $3.9B plant, up to 800 jobs in Indiana
In return, the state is offering an incentive package of almost $700 million, making it the largest economic development deal in Indiana history.
Major economic development announcement set for Purdue
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.
Lafayette-based co-working group offering entrepreneur training in Indianapolis
The seven-week program, called MBXax, covers topics including sales and marketing, business models, product/market fit and go-to-market strategies.
Governor, IEDC announce record-setting $20.7B first quarter in commitments
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.
Airport hotel still under study, but gets $57M budget cut
The cost reduction is part of a redesign requested by the board ahead of an expected vote later this year on whether to begin construction.