The Indiana Economic Development Corp., along with public and private partners, is hoping for a piece of $7 billion in grants to establish northwestern Indiana as one of a handful of hydrogen hubs nationwide.
Follett, an educational services company with about 6,000 employees nationwide, said it plans to keep Willo’s employees, local Indianapolis presence and brand name. Plans also call for expanding Willo’s 15-person staff.
The program will offer local government entities free cybersecurity assessments conducted by representatives from Purdue and IU. The state has provided $3.96 million to fund the program.
Scott Wise, founder of now-defunct Indianapolis-based restaurant chain Scotty’s Brewhouse, said his personal bankruptcy is related to financial issues from the chain’s collapse.
The company has recently begun testing its first products with customers and is working to ramp up production in coming months.
When the dollar is strong, a U.S.-based company that sells products overseas earns fewer dollars. On the flip side, the cost of imported goods and foreign expenses are lower.
Indianapolis and Denver have been selected as two cities that will work with the Maryland-based Partnership for a Healthier America and the International Fresh Produce Association, a Delaware-based trade group, to try to double residents’ consumption of fruit and vegetables.
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.
Structural, which offers an employee-engagement software platform, was launched in 2017 by Indianapolis-based venture studio High Alpha.
Atarraya Inc. is working to create a showroom and training facility in the city for its new signature product, the Shrimpbox.
Stitch, an Indianapolis-based software consultancy, was founded in July by three former leaders at Indianapolis-based Lev. Stitch now has about 20 employees, a number its CEO says could grow to 150 or more over the next three years.
The company helps insurance carriers collect the data needed to underwrite insurance policies.
Humankind is a software-as-a-service company whose platform allows retailers to make personal connections with online shoppers. Indianapolis-based venture studio launched the company last fall, and it now has 16 employees.
Carmel-based Hageman Group, Indianapolis-based Allos Ventures and Indianapolis-based Elevate Ventures Inc. all participated in the funding round.
Indiana’s entrepreneurial community has high hopes that the new service will help attract more out-of-state investment in Hoosier startups.
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.
On average, recipients of the state’s Manufacturing Readiness Grants added five new jobs as a result of the technology investments.
Taranis, which was founded in Israel in 2015 and moved its headquarters to Westfield in 2020, offers a software platform farmers can use to monitor and manage their crops.
The spinoff, Empower Delivery, is targeting independent restaurant chains that have between five and 50 locations in a market but haven’t yet gotten into delivery in a big way.
Indianapolis-based tech startup MetaCX, a High Alpha portfolio company, has attracted more than $30 million in investment since the company’s launch in 2018.
