Nearly 60% of Hoosiers have engaged in entrepreneurship; more than 12% are business owners, according to new survey

2023-07-18T10:44:25-04:00June 27, 2023|

INDIANAPOLIS (June 27, 2023) – New research from NORC at the University of Chicago finds that more than half of all Hoosiers have participated in at least one entrepreneurial activity, which includes involvement in or steps toward business ownership or freelancing. However, the survey shows that current business planners and other potential entrepreneurs could benefit from more resources and support. The data comes from Entrepreneurship in the Population: Indiana (EPOP-IN), a survey commissioned by the Central Indiana Corporate Partnership (CICP). “A thriving entrepreneurial ecosystem is a critical part of having a dynamic economy. We wanted to dive into some of the motivations that drive business owners,” said Melina Kennedy, CEO, Central Indiana Corporate Partnership. “Likewise, we wanted to identify reasons that people are hesitant to start new businesses so we can find more resources and ways to encourage entrepreneurial growth.” [...]

New TEConomy/TechPoint report shows tech adoption and cross-sector collaboration as key economic growth drivers for Indiana 

2023-06-13T10:33:31-04:00June 13, 2023|

INDIANAPOLIS (June 13, 2023) — A report commissioned by TechPoint details a need to take advantage of a unique opportunity to position Indiana as a global leader in technology application and adoption beyond the traditional tech sector and into the state’s strongest advanced industry sectors. TechPoint, Indiana’s industry-led growth initiative for Indiana’s digital innovation economy and overall tech ecosystem, worked with TEConomy Partners LLC to examine Indiana’s tech sector and the degree to which tech is increasingly an embedded core competency driving economic growth across Indiana’s advanced industry sectors. Researchers used occupational data and provided an in-depth assessment and comparative analytics of tech penetration in Indiana’s major industries and business sectors. “Nearly every key sector of Indiana’s economy lags the nation in its share of tech and tech-enabled employment, which presents a great opportunity for us,” TechPoint President and CEO Ting [...]

AgriNovus Indiana announces winners of 2023 HungerTech Innovation Challenge

2023-06-12T10:45:48-04:00June 12, 2023|

INDIANAPOLIS (June 12, 2023) — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, today announced Indianapolis-based GreenBasket has won the HungerTech Innovation Challenge, securing the company $25,000 to help advance its tech-enabled food security product. Presented by Elevance Health, the HungerTech Innovation Challenge is a four-week accelerator supporting entrepreneurs to create tech-enabled businesses that connect food-insecure populations to for-profit and not-for-profit food networks. “HungerTech is a powerful experience for innovators that unites entrepreneurship and business to inspire the creation of technologies to serve those in need,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “We look forward to working with the GreenBasket team to realize their vision of using technology to connect food supply with those that need it most.” GreenBasket developed CropSpots, a click-and-collect model that delivers farmer’s market goods to areas of frequent community engagement [...]

(IND)Venture returns to connect startups and scale-ups with investors to grow Indiana’s digital innovation economy

2023-05-24T09:43:39-04:00May 23, 2023|

INDIANAPOLIS (May 23, 2023) — Three of Indiana’s leading entrepreneurial growth organizations will again join forces to host (IND)Venture, a two-day venture-focused summit designed to connect tech innovators with investors. The event, also called Indiana Venture Summit, is in its second consecutive year and is organized through a collaboration between TechPoint, 50 South Capital and the Venture Club of Indiana and supported by the Indiana Economic Development Corporation and other companies and organizations active in Indiana’s venture community. Organizers and past participants say this kind of Indiana-focused event is an opportunity to catapult companies to exponential growth. Hoosier founders are encouraged to join 50 attending investment group leaders and angel investors for two days of activities designed to connect companies in need of capital with organizations looking for investment opportunities. "Indiana startups with viable products should absolutely attend this event," [...]

Conexus Indiana honors Gov. Eric Holcomb with 2023 Andre B. Lacy Vanguard Award for his commitment to Indiana’s advanced manufacturing and logistics industries

2023-05-22T08:15:20-04:00May 22, 2023|

INDIANAPOLIS (May 22, 2023) Indiana Gov. Eric Holcomb has been named the 2023 Andre B. Lacy Vanguard Award recipient, joining an exclusive group of Hoosiers recognized for extraordinary leadership and impact in the advanced manufacturing and logistics industries. Under his leadership, the state has seen steady growth in advanced manufacturing and logistics; in 2022 alone, the state worked with over 130 advanced manufacturing and logistics companies to commit to add 15,800 new jobs and invest $11.9 billion in Indiana. Conexus Indiana presents the Vanguard Award each year to a Hoosier leader who champions the advanced manufacturing and logistics industries. The award is named in honor of philanthropist and business leader Andre B. Lacy who left a large footprint on Indiana as a third-generation leader of his family business, Lacy Diversified Industries Ltd. (LDI). He passed away in November 2017. Previous [...]

Conexus Indiana names 2023 Rising 30 class of young professionals

2023-05-18T14:57:39-04:00May 18, 2023|

INDIANAPOLIS (May 18, 2023) Conexus Indiana today announced the newest members of the Conexus Indiana Rising 30, an exclusive group of young professionals who are recognized for their early-in-career accomplishments in the advanced manufacturing and logistics industries. The Rising 30 program is in its third year and is part of Conexus Indiana’s mission to strengthen Indiana’s advanced manufacturing and logistics industries. Rising 30 honorees exemplify leadership and innovation in Indiana’s largest industry sector and are poised to become Indiana’s future industry leaders. “It is exciting to see such a rich pipeline of young professionals who already are contributing to Indiana’s largest economic engine,” said Scott Brand, executive vice president of Subaru of Indiana Automotive and chair of the Conexus Indiana Board. “As Indiana’s advanced manufacturing and logistics industries continue to modernize and embrace the next-generation workplace, we’re in good hands [...]

Elevance Health, Shipt, AT&T and TechPoint collaborate with AgriNovus Indiana to combat hunger with innovation

2023-05-15T08:49:51-04:00May 15, 2023|

INDIANAPOLIS (May 15, 2023) — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, announced today that Elevance Health, Shipt, AT&T and TechPoint will support the 2023 HungerTech Innovation Challenge – a four-week accelerator to create tech-enabled businesses that connect food-insecure populations to for-profit and not-for-profit food networks. Presented by Elevance Health, 18 teams are competing in this year’s challenge that will award the winning team $25,000 and the second place team $5,000 to accelerate commercialization of their solution. The runner-up prize is co-sponsored by AT&T and TechPoint, a first for both organizations. “Harnessing the power of innovation to transform how we connect food supply to food demand holds tremendous opportunity to serve those in need,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “Thanks to the support of our sponsors, AgriNovus is able to not only inspire [...]

BioCrossroads Book of Data and Organizations goes digital to serve as Indiana’s wiki for health data assets

2023-05-09T16:06:42-04:00May 9, 2023|

INDIANAPOLIS (May 9, 2023) – BioCrossroads today released the seventh edition of its Book of Data and Organizations and announced that the resource used to foster collaboration and networking among Indiana’s growing network of healthcare and life sciences companies, organizations and professionals, will now be available only in digital form on the organizations’ website under the Resources/Network tab. “This resource has quintupled in size since we first created it in 2020 and is used to help health data professionals and others become more aware of the data, talent, and technology resources available, and build solutions where there are gaps,” said Darshan Shah, senior vice president and chief data officer for BioCrossroads. “Now, as a wiki, it will be an even better resource to help drive collaboration across the sector.” Indiana’s life sciences sector contributed $77 billion to the state’s economic [...]

Central Indiana Corporate Partnership elects new chair of the Board of Directors and names new Executive Committee members

2023-05-04T07:04:00-04:00May 4, 2023|

Sue Ellspermann, president, Ivy Tech Community College, and chair of the Central Indiana Corporate Partnership Board of Directors. INDIANAPOLIS (May 4, 2023) – The Central Indiana Corporate Partnership (CICP), which brings together the chief executives of the region’s prominent corporations, foundations and universities, has named a new chair of the board of directors and new executive committee members for 2023. Sue Ellspermann, president of Ivy Tech Community College, was elected chair of the board of directors at the April board meeting. Bryan Mills, president and CEO of Community Health Network, will continue to serve as vice chair and treasurer. In addition, David Ricks, chairman and CEO, Eli Lilly and Company, and Jennifer Rumsey, president and CEO, Cummins, have joined the executive committee. The CICP Executive Committee for 2023 (effective July 25, 2023): Chair – Sue Ellspermann, president, Ivy [...]

Carey Services, Conexus Indiana partner on manufacturing training for people with disabilities  

2023-05-03T11:23:59-04:00May 3, 2023|

MARION, Ind. (May 3, 2023) – Marion-based Carey Services has partnered with Conexus Indiana to provide job-training services to people with disabilities. Supported by a gift from the Don Wood Foundation, the partnership will bring to Marion and the surrounding communities the Catapult Indiana program, which prepares Hoosiers for careers in advanced manufacturing. A provider of programs for people with disabilities for nearly 70 years, Carey Services plans to begin offering Conexus Indiana’s Catapult Indiana programming this summer. The new offerings will enhance Carey Services’ existing community-based supported living, job-readiness training and other skill-building programs, while providing a specialized training resource to Grant County and surrounding communities to increase the potential for those pursuing career opportunities in advanced manufacturing. “This partnership is an awesome opportunity for people with disabilities in and around Grant County to learn advanced manufacturing skills that [...]

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