California defense tech company breaks ground on Indiana facility
The Indiana Economic Development Corp. noted the company plans to invest a total of more than $456 million and create up to 628 jobs by the end of 2029.
Indiana Economic Development Corp.
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Mark Cuban to headline Global Entrepreneurship Congress in Indianapolis
A program of the Global Entrepreneurship Network, the event is an annual convening of business and investment leaders from around the world.
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Commerce secretary wants to turn the IEDC inside out
In some ways, social media platforms are unlike traditional media platforms, such as radio and television. In other ways, they are very similar.
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State’s big, bold LEAP District play draws some reflection
The state has spent more than $690 million so far establishing the LEAP Research and Innovation District. Outgoing economic leaders say the project is a huge success, but some political leaders are cautious.
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IEDC still looking for buyers for portion of GM stamping plant property
Economic development leaders want the 45 acres to be developed as the OneHealth Innovation District—a partnership between Elanco Animal Health, Purdue University and the Indiana Economic Development Corp.
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Articles
European packaging company to build $110M plant in Anderson
The new, 350,000-square-foot facility is expected to employ more than 100 people after becoming fully operational.
Indianapolis-based startup Pillar acquired by fellow HR tech company
Pillar, which launched out of High Alpha in 2021, offers a platform employers can use to help evaluate job candidates during the interview process.
LEAP spending nears $1B with projected budget shielded, investigation finds
The LEAP Research and Innovation District, led by the Indiana Economic Development Corp., is among the costliest economic development projects Indiana has attempted. But the agency’s structure obscures its spending and who benefits.
Lebanon planning board OKs design for Lilly Medicine Foundry at LEAP District
The foundry will give the pharmaceutical maker the ability to research new ways of producing medicines.
Despite building concerns, IEDC transparency bills died without hearings. Why?
Lawmakers’ unease with the Indiana Economic Development Corp. culminated in at least four transparency-focused bills this session—all filed by Republicans—seeking to add more guardrails.
Indiana House passes bill to create state agency supporting small businesses, entrepreneurs
House Bill 1172 has broad support from the business community, including the Indiana Chamber of Commerce and the Indiana chapter of the National Federation of Independent Business.
Elevate Ventures introduces host committee for 2025 Rally conference
Elevate Ventures, the creator of the annual Rally innovation conference, says now that the event is in its third year the time was right to launch a host committee that will oversee event planning.
Lawmakers propose transparency measures for Indiana Economic Development Corp.
The agency has been subject to criticism resulting from its handling of the LEAP Research and Innovation District in Boone County.
IEDC, Hoosier startups headed to CES trade show in Las Vegas
The Indiana Economic Development Corp. has selected eight Indiana startups to accompany the organization to CES, the major consumer electronics trade show being held next week in Las Vegas.
LEAP district developments among year’s top tech stories
The ongoing progress to develop the planned LEAP Innovation and Research District, a 9,000-acre tech park in Boone County, was among the top local tech stories of 2024.
State approves $60M for LEAP District development for Lilly, Meta projects
The state will eventually recoup much of that investment when LEAP land is sold to tenants, officials from the Indiana Economic Development Corp. said.
Purdue, Sports Tech HQ joining forces to help startups, create career opportunities
Purdue can offer research and technical expertise that sports tech companies may need as they develop their products. Likewise, these companies may create internships and job opportunities for Purdue students and graduates.
Holcomb, IEDC cap off year with record $39.1B in expected private investments
The investment total continues a trend of record-breaking years for the IEDC. The state has improved its annual total every year since Gov. Eric Holcomb took office (with the exception of 2020 due to the pandemic.)
Policy agenda, secretary pick refine Braun’s vision for economic development
The governor-elect’s plans include creating a consolidated workforce development strategy and adding a new entrepreneurship office.
IEDC head David Rosenberg withdraws ‘premature’ conflict-of-interest request
Rosenberg, whose position includes serving as president and CEO of the Indiana Economic Development Corp., sought permission to take a vaguely defined executive role at Indiana University related to workforce and the economy.
IEDC rebrands, updates master plan for business district at former GM stamping plant site
The IEDC has renamed the business campus Levee—a nod to both the site’s proximity to the levee along the western bank of the White River and the word’s Latin root “levare,” which means “to lift up.”
Indianapolis aviation companies plan significant expansions
Dabico A-Bridge LLC and its parent company, Dabico Airport Solutions LLC, plan to expand their Indianapolis facilities and add another 151 jobs by the end of next year.
IEDC touts record $38.3B in committed investments so far this year
The IEDC said the investments include commitments to create more than 13,000 jobs with an average wage of $37.31 per hour—or about $77,604 annually.
Zionsville-based tech startup Adverank plans to add 37 employees
Zionsville-based software startup Adverank has reached an incentives agreement with the state based on its expansion plan.