Nearly a year after Indiana launched its Sports Tech HQ initiative, organizers say they have built relationships with leaders throughout the sector and hope to lure four related companies to the state by the end of the year.
Ellipsis Education, which formerly operated as Codelicious and currently has 30 employees, plans to hire another 91 people over the next few years. The company, which offers computer science curricula for schools, says school districts’ growing interest in computer classes is fueling its growth.
Purdue, the IEDC and Belgium-based Imec announced Wednesday that they have entered into a five-year memorandum of understanding to advance Indiana’s semiconductor industry, with each party providing “significant investment” to the partnership.
Tek Experts, which has more than 6,000 employees worldwide, just opened an office in Indianapolis. The company has received an offer of up to $2 million in state tax incentives based on its ambitious growth plans.
Jaewon Industrial plans to build a chemical recycling plant in Kokomo to serve the lithium-ion battery and electrical vehicle industry, creating 100 jobs by the end of 2024.
The Indiana Economic Development Corp. said it was helping federal agents organize an October 2020 seizure of what they said was a counterfeit product. That hasn’t stopped the company from suing the IEDC for the mask shipment’s full purchase price.
The Indianapolis-based firm has already made progress on its goal of hiring 113 additional Hoosiers by the end of 2026.
In June, Slovakian startup InoBat announced it was partnering with New York City-based Ideanomics to build the research, development and manufacturing facility. But Ideanomics now says it’s not sure it will be in business in a year.
Indianapolis-based Landmark Properties Inc. has agreed to terms on a $2 million redevelopment tax credit to support the project across from Bottleworks.
A top official for the Indiana Economic Development Corp. said numerous companies are considering major investments in the planned advanced manufacturing and tech hub in Boone County known as the LEAP District.
The expansion will bring Eli Lilly and Co.’s total investment in the project to $3.7 billion, the most the company has ever spent on a single manufacturing site.
The blueprint includes campus-specific plans for the university’s six campuses outside Bloomington, including IUPUI, which is set to be renamed IU Indianapolis under a realignment plan.
Socian has developed a drone that can help gather information from the scene before police arrive. The founder says he was convinced to move to Indiana after having a good experience at an Indianapolis business accelerator program.
The Advanced Research Projects Agency for Health, or ARPA-H, is looking for cities that can help design biomedical products, enhance clinical trials and bring new health products to market. Winning bidders would land hundreds of jobs.
The Lebanon Plan Commission voted unanimously Monday to approve Eli Lilly and Co.’s development plan for its two manufacturing facilities in Boone County.
The new event, called Rally, will take place at the Indiana Convention Center and feature a $5 million pitch competition, more than 200 speakers, and opportunities for entrepreneurs to demonstrate their innovations and meet individually with potential investors.
The quasi-government entity has secured roughly 9,000 acres of land in Boone County for its LEAP Lebanon Innovation and Research District.
So far, the public criticism of the land purchases is less about price and more about whether the state should be buying the land at all.
Indiana Secretary of Commerce Brad Chambers is set to lead a delegation next week on an economic development trip to Asia, where the team will promote Indiana’s growing battery, electric vehicle and semiconductor industries.
The program aims to award $7 billion to fund six to 10 hydrogen hub projects focused on the production, processing, delivery, storage and end use of clean hydrogen, with the goal of boosting the nation’s hydrogen economy.
