Indiana embracing Trump’s call to increase apprenticeship
Education and labor experts note that making high school apprenticeships commonplace won’t be simple.
Economic Development
Articles
After scrutiny over no-bid contract deals, Indiana secretary of state issues new RFPs
The move also comes on the heels of a new law adopted by the General Assembly earlier this year to increase transparency requirements involving state contracting.
IBJ wins 10 awards, Mickey Shuey named Journalist of the Year
The awards from the Alliance of Area Business Publications covered reporting, design and podcasts published in 2024.
Marketing firm Prolific partners with Elevate Ventures, bringing national news coverage to Rally conference
Elevate Ventures and Indianapolis-based marketing, strategy and investment firm Prolific have merged their fall conferences.
Herff Jones plans $8M Indianapolis expansion, new distribution facility
Herff Jones plans to expand and modernize its headquarters in Indianapolis while growing its workforce.
Gener8tor’s new Bolt conference set for Indianapolis this fall
The Wisconsin-based startup accelerator is shifting its conference strategy to one large gathering irather than a handful across the U.S., a move expected to expand networking opportunities among investors and entrepreneurs.
Global gathering in Indianapolis emphasizes power of entrepreneurship
The Global Entrepreneurship Congress kicked of Monday with a discussion led by Gov. Mike Braun and companies including Eli Lilly. An associated event featured a fireside chat between High Alpha Managing Partner Scott Dorsey and business author Brad Feld.
Governor’s IEDC moves raise questions about planned VC growth fund
Almost exactly one year ago, Indiana officials publicly announced a significant entrepreneurial resource the state had been quietly working on for several years—the launch of a $100 million investment fund to help young companies scale up their businesses. A lot has changed since then.
Funding for workforce training, manufacturing readiness and flight incentives in limbo after state budget cuts
Business leaders are encouraging state commerce officials to retain the programs that have led to what they say has been a “strong ROI” in the past.
Potential US semiconductor manufacturing boom complicated by Trump’s economic policies
Before “America First” became the Trump administration’s mandate for foreign policy and trade, one sector was already working to bring business back to the United States: the semiconductor industry.
State hires firm specializing in ‘crisis and transformation’ to audit IEDC
Gov. Mike Braun announced the audit last month, citing potential “impropriety” at the IEDC. He also announced a freeze of all state funds associated with Elevate Ventures.
For sale: IEDC land purchased for LEAP project, but never used
After buying thousands of acres in Boone County to develop a technology park, the Indiana Economic Development Corp. quietly listed two properties for sale a month ago.
Businesses that rely on Chinese imports express relief, anxiety over tariff pause
The news about the agreement between the United States and China sent the stock market and the value of the dollar soaring.
Hoosier business executives say to voice tariff concerns, find alternative trade pathways
Representatives from Eli Lilly, Cook Medical and other Hoosier businesses gave advice about tariffs during the Indiana District Export Council’s annual trade and business conference Thursday at Newfields.
Rally innovation conference to continue as planned, likely without state support
Rally innovation conference creator Elevate Ventures says Rally will take place as planned this year, but organizers are not counting on financial support from the Indiana Economic Development Corp.
SK Hynix project wins key zoning approval after community uproar extends meeting until morning
The South Korean chip maker’s proposed $3.87 billion manufacturing campus in Indiana is still on track after the West Lafayette City Council approved the request following a 7-hour public meeting.
Washington to host 2027 NFL Draft, likely on National Mall
An estimated 600,000 fans attended last month’s three-day draft in Green Bay, Wisconsin. Indianapolis is among the cities hoping to host the draft in upcoming years.
Braun signs bill to create IEDC land-purchase guardrails, new state business office
The bipartisan bill requires the IEDC to be more transparent when it makes large land purchases for major projects like the massive LEAP business park in Boone County.
New nonstop flight to Ireland takes off from Indianapolis this weekend
The nonstop route between Indianapolis International Airport and Dublin, Ireland, offers travelers a direct line to one of Indiana’s largest trade partners.
Braun: State investigating possible ‘impropriety’ at IEDC, freezing venture capital funds
The actions stem from growing concerns over how the state conducts economic development activities, how much it spends on those activities and how transparent it is about its business.