IEDC tailors campaign to lifestyle issues in 4 target cities
Ad placements in billboards, magazines, newspapers and internet and mobile platforms were part of a marketing plan launched in 2016 to target Chicago, San Francisco, New York and Atlanta.
Economic Development
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TechPoint receives $5.7 million Lilly Endowment grant
TechPoint, a not-for-profit advocacy group, plans to use the money on two programs to nurture young tech talent.
Indianapolis, Fishers mayors spearhead effort to attract Amazon HQ2
Amazon’s announcement last week that its future second headquarters will create 50,000 new jobs with an average annual compensation of $100,000 have cities across the country clamoring to submit bids. But there’s a short timetable, with proposals due Oct. 19.
Under Daniels, Purdue unleashes surge of startups
Before Mitch Daniels took the helm, the university used its intellectual property to create about eight startups annually. The school has been averaging nearly three times that each year since.
Hamilton County employers try to fill thousands of positions as jobless rate falls
No particular industry sector appears safe from the impact, as the county’s unemployment rate falls below 3 percent. Companies in health care, information technology, advanced manufacturing and construction are all struggling to find workers.
Could central Indiana be candidate for Amazon’s proposed second North American HQ?
State economic development officials won’t comment on whether they plan to submit a proposal for the $5 billion development, but a local site-selection expert said pursuing Amazon is “too good of an opportunity” for the state to pass up.
Colts camp could mean big payoff amid expenses for Westfield
The Indianapolis Colts will pay Westfield for using Grand Park and let the sports complex keep revenue from parking fees and food and beverage sales. But there are costs associated with hosting the training camp.
Indianapolis airport hopes to see cargo boost from new Paris flights
The Paris flights, announced Wednesday, may lessen the urgency local officials feel to attract a direct flight from Indianapolis to London. Delta Air Lines stands to land $5.5 million in incentives if it can keep the flights filled.
Indianapolis lands first nonstop transatlantic flights
The state’s first-ever nonstop transatlantic air service—provided by Delta Air Lines from Indianapolis International Airport—will begin in the spring, airport officials announced Wednesday afternoon. The state is kicking in up to $5.5 million to land the flights.
U.S. economic growth upgraded to 3 percent in second quarter
The U.S. economy rebounded sharply in the spring, growing at the fastest pace in more than two years amid brisk consumer spending on autos and other goods.
LPGA returns to Brickyard Crossing with star-studded field
Hospitality tents are going up at the iconic golf course at the Indianapolis Motor Speedway in anticipation of an LPGA Tour event, marking the first time women pros have played in central Indiana in nearly two decades.
Hoosier Lottery mustered record profit for state in latest fiscal year
Sales of scratch-offs and a reduction in expenses helped offset a dip in sales for big-jackpot tickets.
Northern Hamilton County hopes to cash in on tourism with new train excursions
Trains might be permanently stalled on the Nickel Plate Railroad in southern Hamilton County, but officials in the northern communities are embracing the idea of getting passenger trains moving.
Indiana governor to lead trade mission to Japan
Tthe trip is intended to strengthen relationships and encourage continued investment and trade with the state's largest foreign investor.
Wisconsin lawmakers pass $3B incentive deal for Foxconn
Economic development officials from Indiana, Illinois, Michigan, Ohio, Pennsylvania and Texas all vied for Foxconn’s attention before it wrapped up a deal with Wisconsin.
City to steer $500K into grocery development in low-income areas
The Hogsett administration plans to use federal grant funding to stimulate the development of one or more grocery stores and help eliminate food deserts.
U.S. demands big NAFTA changes, setting stage for tough talks
The United States won't settle for cosmetic changes to the North American Free Trade Agreement, the top U.S. trade negotiator said, as negotiations to rework terms of the pact began.
NBA star Jeff Teague opening local fitness center
Indianapolis native and former Indiana Pacer Jeff Teague and his family want the fitness and training facility to serve a range of athletes from children to professionals.
Amazon’s impact, influence grows in central Indiana
Seattle-based Amazon employs more than 9,000 full-time workers at its five Indiana fulfillment centers, four of which are in central Indiana—with plans to add more positions.
UPDATE: Judge orders Carmel to halt work on 96th Street roundabout project
The city of Carmel has been ordered by a Boone County judge to cease any work on its proposed 96th Street roundabout project, which is the subject of an ongoing land dispute with Indianapolis.