Indiana Economic Development Corp. hires executive VP
The Indiana Economic Development Corp. has a new second-in-command—attorney and land developer Chad Pittman.
Indiana Economic Development Corp.
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Feltman to pursue law, business in Indianapolis
Outgoing state Commerce Secretary Nate Feltman said that he likely will return to practicing law and become involved in business
after leaving the post at the end of the month.
Indiana Economic Development Corporation offers new Web tools
The Indiana Economic Development Corp. has launched two free Web tools to assist Hoosier businesses.
IEDC to launch Web site to match startups with suppliers, vendors
For Indiana’s life sciences companies to flourish, they need to get better at romance. Helping companies meet, greet, date
and deal is the idea behind a new Web portal being built by the Indiana Economic Development Corp. to match startups with
in-state vendors, suppliers, investors or people who can help them.
Many of state’s new jobs are at call centers
The state’s economic development leaders have been touting 2007 as a banner year that brought commitments for more than 22,000
new jobs, including positions in manufacturing, logistics and life sciences. But almost 20 percent of the announced jobs would
be in call centers–jobs that typically pay near or below the state’s $35,000 average annual wage.
State ads try to lure Illinois, Michigan businesses
Indiana’s friendly economic development rivalry against Michigan and Illinois is heating up. Confident that its business costs
are lower, Indiana has begun a six-month advertising campaign designed to attract companies across the state line.
IEDC ups pressure on Shelbyville’s Intelliplex park
Shelbyville leaders and residents are grumbling about restrictions the Indiana Economic Development Corp. just slapped on
Intelliplex, their $22.8 million certified technology park.
Biz interests scored legislative wins
The Indiana Economic Development Corp. did OK in the just-completed legislative session. IEDC received $96 million it can
now dole
out as business grants. And lawmakers had authorized tax credits worth millions more for the commercialization of new…
Indiana turns up schmoozing efforts
Economic development officials say networking is the first step in a process that, when successful, leads to industrial plant
expansions and company headquarters relocations. Travel, food, gifts and entertainment, they argue, are a necessary cost of
attracting jobs to Indiana.
State’s venture capital incentive seldom used
Since the inception of the state’s Venture Capital Investment Tax Credit in late 2003, investors have claimed only about one-third of the $37.5 million in credits available, according to an IBJ analysis of the program.