Wabash River could be solution to Boone County’s development needs
To meet the water demands of an innovation district planned for just north of Lebanon, state officials are exploring the idea of tapping into the Wabash aquifer in Tippecanoe County.
Indiana Economic Development Corp.
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New funding source makes Xtern internship program more affordable for startups
A $300,000 investment from the Indiana Economic Development Corp. will cover half the cost of wages and program fees for small startups who want to participate in TechPoint’s Xtern summer internship program.
Holcomb’s European trip touts Indiana as stable market amid energy turmoil
Gov. Eric Holcomb led a delegation to Germany and Switzerland this week with the goal of bringing jobs and future investment to Indiana.
Medical tech startup planning expansion, up to 175 new jobs
The New Albany company currently employs about 35 people and is hiring for software engineers, implementation managers, business development leaders, marketing experts and other positions.
Belgian tech startup Unbox to set up U.S. HQ in Indianapolis
The software company Unbox says it plans to establish its U.S. headquarters in Indianapolis as well as a software development, research and testing hub in West Lafayette. The company said it hopes to have up to 380 Indiana employees within the next few years.
Indy Chamber exec joins developer working on Boone County innovation district
Ian Nicolini, who has served as Indy Chamber’s chief operating officer since October 2020, is leaving his position to join a commercial real estate developer working to recruit businesses to a high-tech research district planned in Boone County.
Brad Chambers: Economic momentum shows Indiana is playing to win
But like any good businessperson, our eyes must be on the horizon, scanning for risks that could endanger Indiana’s future growth.
Manufacturing tech grants helped Hoosier companies grow their workforce, report says
On average, recipients of the state’s Manufacturing Readiness Grants added five new jobs as a result of the technology investments.
Holcomb leads Indiana delegation to Taiwan, South Korea in search of high-tech investments
Gov. Eric Holcomb’s visit will tout the Hoosier state as a key place for Asian companies to invest and manufacture computer chips and electric vehicle batteries.
SkyWater project critical in microelectronics push
The proposed $1.8 billion semiconductor facility at Purdue University isn’t as flashy as chip-related announcements in other states, but it might be the IEDC’s most significant step so far in reviving the state’s once-booming electronics industry.
New research effort aims to help Hoosier manufacturers cut energy costs
The effort involves manufacturers around the state capturing data about their energy use, then sharing that information to create a “data lake” which businesses and researchers can access.
Elevate Ventures is opening its annual pitch event to the public
Elevate Ventures’ annual pitch competition takes place Aug. 5 in Fishers, and this year for the first time the event is free and open to the public.
Canadian campaign aims to lure Hoosier tech companies
A campaign launched last week by a Windsor, Ontario-based economic development organization is targeting small- to medium-sized tech companies in Indiana and three other midwestern states. The goal is to get them to expand or relocate into Windsor.
Slovakian startup announces plans for Indiana battery plant
InoBat Auto, a Slovakian company that launched in 2019, said Thursday that it plans to open battery R&D and production sites in Indiana, in partnership with New York City-based Ideanomics Inc.
State takes steps to build on success of Indy Autonomous Challenge
The IEDC has contributed $3.4 million toward creating the Indy Innovation Challenge, to encompass both the Indy Autonomous Challenge and potential future competitions focused on performance automation technology.
Indianapolis tech firm ShipSigma plans expansion, 125 new jobs
Founded in 2018 as Parcel Optimization Technologies LLC, ShipSigma said the new jobs will offer an average wage of nearly $42 per hour.
HR-tech company UKG plans to add 200 to Indianapolis office
UKG, which offers an online platform for human-resources tasks like payroll and scheduling, expects to increase employment in Indianapolis to more than 500.
Big deals provide economic momentum; state still must focus on workforce
Experts say Indiana can’t take its foot off the proverbial gas; state economic development leaders say they are moving in the right direction.
New grant program to help Hoosier companies launch 5G projects
The program, offered through the Indiana 5G Zone, will offer established businesses matching grants of about $200,000 to help accelerate the commercial application of 5G technology.
Brad Chambers: Indiana is in a ‘state of continuous improvement’
While discussions about opportunities for improvement are important, they should also be framed in context of relative strengths. Indiana is strong and getting stronger.