Semiconductor maker to announce Purdue partnership
Gov. Eric Holcomb, Indiana Secretary of Commerce Brad Chambers and Purdue University President Mitch Daniels are scheduled to join executives from SkyWater Technology to make the announcement.
Economic Development
Articles
Indiana, other states getting millions for small businesses
Indiana is being allocated $99.1 million as part of the State Small Business Credit Initiative, established in 2010 and reauthorized under the American Rescue Plan to support state programs that help small businesses access capital as they emerge from the pandemic.
Filmmakers launch visual-effects company in Indianapolis
Directors Josh Boone and Josh Trank are two of 11 partners in new digital filmmaking company Helix Pictures Inc.
Boone County looks to create PUD ordinance in area planned for high-tech district
The county commissioners believe a planned unit development is the best way to protect the interests of Boone County residents, particularly those who live in unincorporated areas of the county.
Lebanon City Council approves annexation of property for high-tech development
Nearly three dozen individuals and companies who own more than 1,400 acres over 56 parcels submitted petitions last month to have their properties added to the city of Lebanon.
State plans new I-65 exit near Boone County’s innovation district
INDOT wants to build an interchange at West County Road 300 North that would serve the planned 7,000-acre LEAP Innovation and Research District.
State still snatching up property in Boone County; some residents push back
The Indiana Economic Development Corporation continues to purchase property in Boone County as part of a $164 million investment for a proposed innovation district approved last week by the State Budget Committee.
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.
Semiconductor chip design center planned for West Lafayette
MediaTek USA announced Tuesday that the center, which is expected to create up to 30 jobs, represents its first partnership with an American university, as well as a new growth model for the company.
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.
Boone County property owners asking Lebanon to annex hundreds of acres
The annexation requests come as the Indiana Economic Development Corp. pushes forward with its plans for the LEAP Lebanon Innovation and Research District.
IEDC, Indiana Sports Corp. launch sports tech business initiative
SportsTech HQ is an effort from state economic development and sports tourism officials to bring in venture startups focused on sports and further grow the state’s ecosystem of sports tech-focused firms.
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.
Pharma company plans $220M expansion in Indiana, 80 new jobs
Germany-based Evonik announced Thursday that it will expand its pharmaceutical production facility in Lafayette. The plant will build produce lipids for mRNA-based therapies in the United States.
Software executive to lead IndyHub young networking group
Al Carroll will be IndyHub’s next president and CEO, the organization announced Tuesday. The not-for-profit is a connector for young professional Indianapolis residents and newcomers.
Indiana Global Economic Summit updates: Former Google CEO: Losing to China ‘is not an option’
More than 800 business and government leaders from 30-some countries are in Indianapolis this week for the inaugural Indiana Global Economic Summit. Gov. Eric Holcomb and the Indiana Economic Development Corp. are using the event to showcase the state as a place for development and innovation. Check back here for updates.
Indiana launches task force to boost state’s semiconductor industry
The 15-member Accelerating Microelectronics Production & Development task force will be made up of industry experts and university research officials, and seeded with $2.7 million in state funding.
Can economic summit bring rave reviews for Indiana’s business climate?
With electronic dance music pulsing against a neon-on-black backdrop, a “Young Professionals Coffee Rave” on Thursday kicked off Indiana’s inaugural Global Economic Summit for hundreds of visitors from across the United States and 30 other nations.
McLaren to spend $25M to build IndyCar facility in Whitestown
Company officials said the project will allow Arrow McLaren SP—its IndyCar operation—to run three full-time entries in the IndyCar series in 2023