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.
Indiana Economic Development Corp.
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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.
Solar energy company plans $35M plant, 240 new jobs in Indianapolis
The Singapore-based company on Tuesday announced intentions to renovate and equip an existing 150,000-square-foot space just south of downtown Indianapolis to serve as its U.S. headquarters.
Upcoming Rally conference sparking additional downtown gatherings
At least seven other events are taking place in and around downtown Indianapolis Aug. 28-30, all designed to capitalize on the momentum organizers hope Rally will generate.
Former Secretary of Commerce Brad Chambers enters race for governor
Chambers has been considered a possible candidate for the office since mid-July, when he announced he would be stepping down as head of the Indiana Economic Development Corp. effective Aug. 6.
Holcomb taps David Rosenberg to lead state’s economic development agency
David Rosenberg, chief operating officer of the Indiana Economic Development Corp., replaces Brad Chambers as Indiana secretary of commerce.
Lebanon City Council approves special zoning classification for LEAP district
The LEAP district planned unit development designation sets development standards for about 6,000 acres of the planned high-tech district in Boone County along Interstate 65 between Indianapolis and Lafayette.
Indianapolis consulting startup Stitch lands $3.3M in state incentives
Stitch, a marketing tech consulting firm, can earn up to $3.3 million in state economic incentives if it hires at least 100 Hoosiers by the end of 2027. The company launched last year out of Indianapolis venture studio High Alpha.
Boone County is ‘favored site’ of companies looking at Indiana, IEDC says
The IEDC has acquired thousands of acres of land in Boone County for the LEAP District, a planned advanced manufacturing and high-tech district in the Lebanon area.
Inaugural Rally conference aims to draw innovators
The Aug. 29-31 event at the Indiana Convention Center will have 220 speakers, five pitch competitions offering up to $5 million in total prize money, and hundreds of meetings between entrepreneurs and investors representing multiple industries.
Budget leaders approve $120M to attract unannounced $3.2B project
The mystery project involves a company in the “advanced technology automotive components” industry and would be located somewhere in north-central Indiana, according to the IEDC.
State’s economic development agency seeks incentive funds for $3.2B mystery project
The Indiana Economic Development Corp. is seeking $120 million in performance-based incentive funds for a company planning a new facility that will create 1,400 high-wage jobs, according to the State Budget Committee’s agenda for its Friday meeting.
Federal grant helps IEDC expand minority services to small businesses
The agency last year received $1.6 million from the federal Minority Business Development Agency and added $400,000 in matching funds.
Brad Chambers confirms he’s considering run for governor
The outgoing state commerce secretary said he’ll give a gubernatorial bid “due consideration.”
Brad Chambers to step down as secretary of commerce
His departure comes as his two-year contract with the state expires, but it still increases speculation that he is considering a run for governor in 2024.
IEDC opens South Korea office as East Asian nation expands presence in Indiana
The news comes less than a month after South Korea-based Samsung SDI chose Indiana for the location of a projected $3 billion electric vehicle battery cell plant.
State considers adding LEAP districts beyond Lebanon
Officials are eyeing a few commercial and industrial parks they believe could benefit from the model that puts the state in charge of acquiring land and master-planning a site.
State tool connects Hoosier entrepreneurs with resources
ConnectIND has a portal with information on everything from funding sources to coworking spaces to business incubators. It also has a network of 10 navigators being hired around the state to offer free guidance and support for the portal’s users.