IEDC launches new branding effort: ‘For the Bold’
The Indiana Economic Development Corp. signed a $3.5 million contract with Southfield, Michigan-based advertising firm Doner Co. to develop the branding initiative.
Indiana Economic Development Corp.
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Citizens Energy seeks to withdraw application to supply water to LEAP District
The move comes five months after the utility company agreed to supply up to 10 million gallons of water to the advanced manufacturing district by 2027.
IU, Purdue to study impact of READI economic development program
The Indiana READI program has provided funding for more than 360 economic development projects since it was launched in 2021.
Stellantis, Samsung SDI to spend $3.2B on second EV battery plant in Indiana, hire 1,400
The Indiana Economic Development Corp. is committing a state-record incentive package to the joint venture for the second plant, topping the previous record-setting package pledged for the first plant last year.
Lebanon City Council OKs annexation of nearly 640 acres for LEAP District
Since July 2022, the city has annexed a total of about 7,840 acres for the LEAP Lebanon Innovation and Research District, a planned technology and advanced manufacturing hub.
With $111M investment, Indiana University betting big on microelectronics
Indiana University is partnering with the Naval Surface Warfare Center, Crane Division, to boost the growth of the microelectronics industry in Indiana.
Carmel-based Mesh Systems helps Kraft Heinz develop high-tech sauce dispenser
Carmel-based Mesh Systems worked with the multinational food company on the Heinz Remix, a high-tech machine that allows customers to create customized sauce combinations. In part because of the project, Mesh recently added a 10,000-square-foot lab space.
West Lafayette council declares opposition to water pipeline
West Lafayette City Council members expressed a desire for more research from third parties and greater transparency from Indiana Economic Development Corp. officials, who they said have not approached them about the proposed pipeline.
Lafayette area officials take steps to protect water supply as IEDC considers 35-mile pipeline
Two state lawmakers are drafting legislation that would create a permitting process and require a deeper public review of any effort in the state to pump 10 million gallons or more per day from a community’s aquifer. Meanwhile, the West Lafayette City Council is poised to consider a resolution Monday night opposing the IEDC’s plans.
Testing shows ‘abundant water’ supply to support LEAP District, state says
Initial findings show that an aquifer connected to the Wabash River contains enough water to support a high-tech manufacturing district in Boone County without depriving the Greater Lafayette region of an adequate water supply, according to the Indiana Economic Development Corp.
Indy to host 2025 Global Entrepreneurship Congress
It will be only the second time the event, which attracts about 2,500 entrepreneurs, investors and startup ecosystem builders from around the world, has been held in the U.S. since 2009.
Lebanon set to annex another 645 acres for LEAP District
Since July 2022, the city of Lebanon has annexed a total of 7,200 acres for the LEAP Lebanon Innovation and Research District, a planned technology and advanced manufacturing hub of 9,000 acres or more.
Push for high-tech plants drives up cost of incentives
National efforts to boost computer chip and electric vehicle production are fueling a bidding war among states, including Indiana, that is driving up the cost and number of so-called “megadeal” incentive packages exceeding $50 million.
Judge dismisses landowners’ lawsuit against LEAP District annexation
The Indiana Economic Development Corp., the state’s job-creation agency, intervened on behalf of the city in an effort to get the lawsuit dismissed.
Holcomb to lead economic development trip to Japan
The trip will mark Gov. Eric Holcomb’s third visit to Japan and 16th international trip as Indiana governor.
Brad Chambers gives his gubernatorial campaign $5 million boost
Brad Chambers, a late entry into the 2024 governor’s race, is expected to receive strong support from the business community but lacks the statewide name recognition of other high-profile candidates.
Elevate Ventures already looking ahead to next year’s Rally conference
But the Indiana Economic Development Corp., which provided $1.5 million for this year’s conference, hasn’t yet decided whether to invest in a 2024 event.
Q&A with David Rosenberg, Indiana’s new secretary of commerce
Rosenberg talked with IBJ about the modern economic development landscape, his vision for the LEAP innovation district in Boone County and the rising cost of economic development incentives.
Rally conference pitch contest selects five startup winners
The five winners—three startups from California and one each from Kentucky and Massachusetts—are now eligible for up to $1 million in investment funding, provided they commit to establishing a presence in Indiana for at least a year.
Panel: Indiana must do more to nurture tech talent, innovation
During a panel discussion held in conjunction with Elevate Ventures’ Rally innovation conference, panelists emphasized the need to invest in the people and innovation necessary to advance Indiana’s economy.