Elevate launched Rally in 2023 as an annual event aimed at advancing the state’s innovation economy.
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Boxcar Development, an investment group for the Simon family, will formally break ground on the project Wednesday, although site work—including demolition of the former CSX railroad building—began in mid-2024.
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Corteva, which is planning to split into two publicly traded companies later this year, announced Tuesday that the crop protection part of its business will continue to be based in Indianapolis.
Israel-based Iron Nation aims to raise at least $60 million for the fund and invest in about 20 high-tech startups.
The State Ethics Commission on Thursday unanimously found that a statutory one-year “cooling-off” period applies to a former state official.
DynamoEdge’s core product uses 5G technology to analyze real-time data to anticipate problems before they occur.
The Indianapolis-based nonprofit wants to invest $150 million in young Indiana companies who need help to scale their businesses.
Indiana lawmakers sent Gov. Mike Braun a hefty local finance bill on the last day of the legislative session, weighing in on thorny topics such as local income tax allocations, rental property caps and data centers.
The Indiana Senate is considering language that would see local governments get potentially significant payments from data center operators seeking to build in their towns.
The bill requires the Indiana Economic Development Corp. to set aside $50 million in tax credits — out of the agency’s total allotment of $300 million — for specific regional items. It also establishes rules for the state’s new drone-testing site.
Sen. Todd Young said the site will mean more training opportunities for the Indiana National Guard and other military who come here to train, plus spillover economic benefits to communities that host them.
The investigation, which Braun labeled a “forensic audit,” launched in May and continued through the summer, leaving work by Elevate and other organizations in limbo and raising questions about whether the state would continue to invest in fledgling companies
A letter to the Federal Aviation Administration highlights Indiana’s manufacturing, research and military assets as strengths in the national competition.
It took only a five-line clause in the state’s August land sale to Elanco Animal Health to bring down what was left of a nearly 100-year-old crane bay along the western bank of the White River.
Gov. Mike Braun on Tuesday announced the appointment of Josh Richardson as president of the Indiana Economic Development Corp.
Google’s announcement comes about a month after it pulled its plans for a data center on the southeast side of Indianapolis amid heavy community opposition.
Gov. Mike Braun on Tuesday said his administration is already making changes based on the findings of a monthslong audit of the Indiana Economic Development Corp.
The Governor’s Office said the review uncovered nothing criminal. Still, the auditors noted dozens of findings in the report, including situations involving conflicts of interest, poor documentation and a lack of transparency.
An audit report released Thursday does not address some lingering issues between Elevate and the Indiana Economic Development Corp., including a loan default issue.
Lesley Weidenbener and 
Susan Orr The report details findings related to the Indiana Economic Development Corp., the Indiana Economic Development Foundation, the LEAP District, Elevate Ventures and the Applied Research Institute.
Susan Orr and and The 127-page report comes just over a week after the IEDC board unanimously agreed to publicly share it—pending legal review—and roughly five months after it was announced.
The Indiana Economic Development Corp. approved $10 million in federal funding for the planned OneHealth Venture Studio, which will operate on Elanco Animal Health’s new Indianapolis campus.
