3C Labs LLC, a cannabinoid research and manufacturing firm, intends to invest $1.5 million in expanding its Indy-area operations, according to a contract with the Indiana Economic Development Corp.
Longtime commercial real estate developer Brad Chambers was named Indiana’s secretary of commerce, roughly three months after Jim Schellinger abruptly resigned the position
The Indy Autonomous Challenge will be part of the splashy CES trade show Jan. 5-8 in Las Vegas, where Hoosier business leaders plan to use the racing event as a vehicle for promoting Indiana’s tech economy to a potentially worldwide audience.
Seventeen regions representing all corners of the state will each get a slice of the $500 million in state-funded regional grants, with $65 million going to regions in the Indianapolis metro area.
The 17 applications outline hundreds of projects in urban and rural communities, from mixed-use developments, affordable housing, local downtown renovations and workforce training programs to new parks, trails, sports complexes and concert venues.
The Indiana Economic Development Corp. said the event will “showcase the state’s leadership role in transformative ideas, disruptive technology and urgent deliberation on the economy of the future.”
Gov. Eric Holcomb said interest in the Regional Economic Acceleration and Development Initiative, or READI, has surpassed the state’s expectations—so much so that the allotted $500 million in funding will fall far short of meeting every region’s vision.
Indiana Secretary of Commerce Brad Chambers has a vision for the state to “shoot higher” in its economic development efforts, which he outlined Thursday morning in a five-point strategy.
Gener8tor is launching four industry-specific programs within its gBETA accelerator for early-stage startups from both Indiana and around the United States, hoping some will move here.
The IEDC has agreed to pay $150,000 to San Francisco-based consultant Startup Genome to generate a snapshot report of the state’s entrepreneurial climate. Based on the results of that report, the IEDC will decide whether to contract with the consultant for additional work.
If the route becomes official, it would be the first trans-Atlantic flight from the Indianapolis since Delta Air Lines discontinued its Paris flight in March 2020 due to the coronavirus pandemic.
Using tax incentives , an EV commission and membership in a regional network promoting EV infrastructure, the Holcomb administration is looking to increase EV manufacturing statewide.
Members from the Qatari commercial attache’s office met with Gov. Eric Holcomb, Secretary of Commerce Brad Chambers and more than 30 Indiana-based companies on Tuesday.
Atrium is led by CEO Chris Heineken, the former chief operating officer of Indianapolis-based cloud consulting firm Appirio.
The company, recently formed to consolidate several prominent athletic gear brands, plans to invest nearly $19 million in the new facility. The state has pledged $5 million in economic development incentives.
Manufacturing Readiness Grants launched last year as a pilot to stimulate private-sector investments in modernizing Indiana’s manufacturing sector.
More than $2.8 million has been awarded to 34 companies across the state in the fourth round of Indiana’s Manufacturing Readiness Grant program, the state announced Thursday morning.
Paxafe Inc., which recently moved into 700 square feet of office space at 55 Monument Circle, plans to hire data scientists, machine learning engineers, product managers, software engineers and customer operations representatives.
Indiana’s new Secretary of Commerce, Brad Chambers, is shaping his executive team, bringing in David Rosenberg as executive vice president of the Indiana Economic Development Corp.
The 10-story tower in northern Hamilton County is one of the largest soybean processing towers in the world, capable of processing three million bushels of soybeans annually, doubling Beck’s processing at the location.
