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.
Indiana Economic Development Corp.
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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.
Water management emerges as high-stakes statewide issue
State officials, business leaders and other stakeholders say failing to act soon could threaten Indiana’s growth and economic development.
IEDC to lead trade delegation to Taiwan as state opens economic development office in Taipei
The IEDC said officials will attend SEMICON Taiwan from Sep. 4-6, an event hosted by the international industry association SEMI. That group is bringing an event called SEMIEXPO in the Heartland to Indiana in 2025.
Rally Roundup: Pro race driver closes conference with insights, advice
It was his skill at a race-themed video game that landed Jann Mardenborough in the real-life racing world—but once he got there, Mardenborough still had a lot to learn.
Potential water project poised to deliver 25M gallons a day to LEAP District, Lebanon
The new project would involve Citizens Energy likely tapping into water systems in Westfield and Whitestown to sell the resource to Lebanon Utilities for the city’s growing needs, though discussions are ongoing, officials said.
Carmel-based logistics firm plots exponential growth
Koola Logistics received approval from the Indiana Economic Development Corp. for $4.25 million in conditional EDGE tax credits to expand their payroll to 250 by the end of 2026.
Conexus launching network aimed at hardtech innovators
In a switch from its original focus, the Hardtech Innovators Network will seek to help those who actually do the hands-on design, engineering and innovation work at Indiana companies.
AI expert Tia White rounds out Rally conference keynote lineup
Amazon Web Services executive White joins a speaker lineup that includes Alex Rodriguez and Marcus Lemonis.
Indianapolis-based IT firm plans major expansion, adopts new name
Indianapolis-based information technology firm Sondhi Solutions has rebranded as Exos Cos. and plans to add 250 new employees by the end of 2028.
Indiana sees $1.6B impact from Regional Cities Initiative, study finds
The Indiana Regional Cities Initiative aimed to encourage neighboring communities in Indiana to work together to develop plans focused on “quality of life” that would make Indiana a more attractive place to live, attract and retain skilled workers.
State government buildings get new signs at cost of $820,000
Two of the buildings bear the new Indiana Economic Development slogan: Indiana For the Bold. Not all of the cost was taxpayer money.
HR-tech firm UKG eliminating 2,200 jobs, including some in Indianapolis
UKG informed employees earlier this week that it was cutting about 14% of its workforce so the company could “aggressively focus on critical areas of growth.”
‘Innovation orchestrator’ boosts Indiana’s economic development
Behind many of the state’s aspirations is a not-for-profit helping to craft its strategies, funnel federal dollars to high-value sectors and provide industry expertise needed to persuade companies to invest in Indiana.
Vouchers help startups turn small ideas into big ones
Startups, small businesses and entrepreneurs who have an idea with commercialization potential can tap into a system of state funding and support through a research-focused grant program.
IEDC announces $27.1B in pledged investments so far in 2024
This year-to-date total investment figure nearly eclipses last year’s total, which was a record of $28.7 billion.
IEDC receives state approval for $88M in additional LEAP district funding
The Indiana Economic Development Corp. received the financial greenlight Tuesday afternoon to buy 1,400 more acres of land in Boone County for the LEAP Lebanon Innovation District and make more infrastructure improvements.
Elevate Ventures moving HQ to prominent downtown building
Elevate Ventures, which occupies a 6,000-square-foot office on the north side of Indianapolis, will relocate to a much larger space at 1 Virginia Ave. within the next few months.
Sports Tech HQ initiative lands $4.5M in state funding
The goal of Sports Tech HQ is to build Indiana’s sports technology sector, in part by luring startups here and helping them connect with the state’s existing sports ecosystem.