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.
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.
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.
The annexation requests come as the Indiana Economic Development Corp. pushes forward with its plans for the LEAP Lebanon Innovation and Research District.
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.
Experts say Indiana can’t take its foot off the proverbial gas; state economic development leaders say they are moving in the right direction.
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.
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.
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.
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.
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.
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.
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
Lebanon Mayor Matt Gentry called Eli Lilly’s plans to build two pharmaceutical manufacturing sites “transformational” for his city.
The Indiana Economic Development Corp., which focuses on bringing new business to the state, originally planned to host the Indiana Global Economic Summit in 2020 before the pandemic curtailed travel and meetings.
The Indianapolis-based drugmaker said Wednesday the project in Boone County will create up to 500 jobs in central Indiana, along with up to 1,500 temporary construction jobs.
The Indiana Economic Development Corp. laid out a substantial incentive package to lure the joint venture, with tax credits and investments totaling at least $186 million.
The companies said the investment could grow to $3.1 billion as Stellantis—formed last year with the merger of Fiat Chrysler and France’s PSA Peugeot—ramps up production of electric vehicles.
Ryan Vaughn, who has led the Indiana Sports Corp. since 2014, plans to resign from his role as president on July 1. There has been speculation that Vaughn might someday run for mayor.
A panel of Indiana life science experts on Friday said the state could become more competitive for large investments and jobs if it doubled down on the kind of collaborations and partnerships that other states have used to their advantage.
