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Indianapolis Recorder: Business Equity for Indy: 2-Year Anniversary Reflections

Raquel Bahamonde2022-10-28T10:48:07-04:00October 21, 2022|

During the summer of 2020, at the height of racial tensions coupled with the dire, disproportional impacts of the coronavirus pandemic, the Central Indiana business community united to form Business Equity for Indy (BEI). Through this initiative — a partnership of the Central Indiana Corporate Partnership and Indy Chamber with support from the Indianapolis Urban League, led by 120 growing businesses — we’re working to create collaborative, sustainable solutions to dismantle more than 240 years of systemic racism, injustice and inequity that are preventing our Black and brown Hoosiers from opportunity and advancement. Article by Jeffrey A. Harrison, chair of Business Equity for Indy, and President and CEO of Citizens Energy Group. [READ MORE] (Source: Indianapolis Recorder)

TechPoint partners with InnoPower to help Black Hoosiers in Indianapolis, Fort Wayne and Gary launch tech careers

Raquel Bahamonde2022-10-18T12:45:59-04:00October 18, 2022|

INDIANAPOLIS — (October 18, 2022) — Too few Black Hoosiers are working in or working toward a career in the Indiana tech sector. TechPoint, Indiana’s nonprofit, industry-led tech sector growth initiative and InnoPower, a community development organization that works to increase opportunities for Black Hoosiers, are working to change that. Through a series of grassroots-based gatherings, the two organizations will facilitate “Design Thinking” sessions focused on developing Black tech talent in Indianapolis, Fort Wayne and Gary. “We are committed to inclusively growing Indiana’s tech sector by 41,000 people by 2030, and this partnership will be key to reaching Black Hoosiers to let them know that we welcome them; in fact, we need them, to be part of our community,” said TechPoint President and CEO Ting Gootee. “Our tech companies will be the better for their participation, insights and leadership.” InnoPower [...]

TechPoint prioritizes adult apprenticeships in tech with nationally recognized partner New Apprenticeship to dramatically expand workforce

Raquel Bahamonde2022-10-11T09:12:29-04:00October 11, 2022|

INDIANAPOLIS (October 11, 2022) — TechPoint, the nonprofit, industry-led growth accelerator for Indiana’s tech ecosystem, today announced a strategic partnership with New Apprenticeship TM (NEW), another key element of its Mission41K plan to inclusively grow the Indiana tech workforce by an additional 41,000 workers by 2030. Apprenticeships are a proven way to encourage youth to join the tech sector, and a quick way for adults to enter the field while also providing an immediate return on investment to employers. TechPoint Executive Vice President of Talent Dennis Trinkle, citing U.S. Department of Labor statistics, said there are more than 435,000 adults working today in the U.S. as adult apprentices. Only about 4,000 of them are in the tech field, he said. “We know this approach works, but the tech sector is only now beginning to embrace it,” he said. “Now is [...]

CICP CEO David L. Johnson inducted into the Indiana Academy

Raquel Bahamonde2022-10-11T07:32:13-04:00October 11, 2022|

The Independent Colleges of Indiana has inducted four new members into the Indiana Academy including David L. Johnson, CEO of the Central Indiana Corporate Partnership. The honorees were recognized by the Academy for lifetimes of achievement and contribution to the state of Indiana. The Academy annually inducts into its membership individuals who have demonstrated exceptional leadership in philanthropy, business, public service, advancement of the sciences, the arts, literature, culture, and scholarship in connection with Indiana’s independent non-profit colleges and universities. 2022 Honorees D. Wade Clapp, MD, Distinguished Professor and Chair of the Department of Pediatrics, IU School of Medicine David M. Findlay, President and Chief Executive Officer, Lake City Bank David L. Johnson, Chief Executive Officer, Central Indiana Corporate Partnership Niles L. Noblitt, Chairman of the Board (retired) Biomet The Independent Colleges of Indiana is a non-profit association representing Indiana’s 29 [...]

New report tracks 20 years of BioCrossroads and life sciences industry’s success

Raquel Bahamonde2022-10-06T13:41:14-04:00October 6, 2022|

INDIANAPOLIS (Oct. 6, 2022) – Today, BioCrossroads released a new report from TEConomy that follows the impact of BioCrossroads and Indiana’s life sciences sector over the last two decades -- BioCrossroads and the Indiana Life Sciences Ecosystem: Tracking Two Decades of Progress and Charting a Path for Sustained Success. The study highlights statistics that include the life sciences sector’s outperformance of Indiana’s economy since 2001 and outsized portion of total new jobs in the state over the past two decades. The report points out that “over the course of the next decade, it is expected that the life sciences will remain a key strategic driver of economic development in Indiana.” Although the life sciences represented just over 2% of the state’s total jobs in 2020, they contributed 23.7% net new jobs from 2001 to 2020. Of the nearly 50,000 new [...]

TechPoint partners with IEDC to help Indiana startups afford young tech talent

Raquel Bahamonde2022-10-05T14:35:47-04:00October 4, 2022|

INDIANAPOLIS — (October 4, 2022) — TechPoint’s signature Xtern program has helped attract and retain tech talent to Indiana for nearly 10 years, but the companies that have benefitted most from the early career development effort are established companies. Exciting young startups – which could one day grow into local or global giants – often don’t have a robust budget or structure to attract talent, provide training and offer amenities to engage these young professionals in pursuing lifelong careers in Central Indiana. That will change next year, thanks to a $300,000 investment in the Xtern program by the Indiana Economic Development Corporation (IEDC) which for years has invested in workforce training grants. Indiana Secretary of Commerce Brad Chambers sees TechPoint’s Xtern Startup Assistance Program as a smart expansion of IEDC’s workforce training efforts, which traditionally target adult workers in need [...]

Indiana’s premier early career talent programs team up for employers and talent matching event at Lucas Oil Stadium

Raquel Bahamonde2022-09-26T09:46:00-04:00September 26, 2022|

INDIANAPOLIS (Sept. 26, 2022) — For more than two decades, Indiana’s entrepreneurial and tech community has relied on Orr Fellowship and TechPoint’s Xtern program to find and develop young talent. For the first time, those initiatives will come together Friday, November 18, 2022, at Lucas Oil Stadium to make it easier for more than 100 Indiana companies to find their newest matches. During the first Orr Fellowship-Xtern Finalist Day, participating companies are expected to conduct thousands of interviews with prospective new hires. “Finalist Day is a rite of passage for each of our programs. It’s a tremendous amount of work to match employers to prospective talent and, of course, there is an equal amount of preparation and work for the young people and hiring managers who will participate in these job interviews,” said TechPoint’s Executive Vice President of Talent Dennis [...]

Nora Doherty recognized as 2022 Watanabe Life Sciences Champion for strategic and meaningful impact on Indiana’s life sciences industry

Raquel Bahamonde2022-09-26T10:06:27-04:00September 22, 2022|

In addition to receiving the August M. Watanabe award, Doherty also received the Sagamore of the Wabash, the state's highest honor, from Indiana Gov. Eric J. Holcomb. INDIANAPOLIS (Sept. 22, 2022) — BioCrossroads’ Board of Directors today named former executive vice president of strategy of BioCrossroads and managing director of the Indiana Seed Funds, Nora Doherty, as the recipient of the 2022 August M. Watanabe Life Sciences Champion of the Year Award. The prestigious honor, named in tribute to BioCrossroads’ late Chairman August Watanabe, was given to Doherty at today’s Indiana Life Sciences Summit and 20th Anniversary CELLebration. Some of Doherty’s most significant achievements included developing a market for Indiana’s life sciences start-ups, including forming and managing funding mechanisms, engaging with universities and start-ups, and organizing new enterprises. Recognizing the need for early stage or seed stage capital, BioCrossroads, [...]

TechPoint partners with Markle Foundation to help Indiana tech companies adopt skills-based hiring

Raquel Bahamonde2022-09-13T09:26:36-04:00September 13, 2022|

INDIANAPOLIS (September 13, 2022) — TechPoint, the nonprofit, industry-led growth accelerator for Indiana’s tech ecosystem, today announced a strategic partnership with the Markle Foundation, which will be a key element of its plan to inclusively grow the Indiana tech workforce by an additional 41,000 workers by 2030. “The Markle Foundation, through its Rework America Alliance, is doing phenomenal work to bring more people, especially people of color, into quality, in-demand jobs,” said TechPoint Executive Vice President of Talent Pathways and Programs Dennis Trinkle. “We will rely on their resources, tools and experience to help Indiana tech companies transition their hiring practices to meet new pathways for Hoosiers.” Under the partnership with TechPoint, Markle’s Rework America Alliance will provide resources and tools that will be used during and after TechPoint’s Mission41K kickoff conference on Tuesday, September 27, at the Indiana State Museum. Tools [...]

Data confirm significant impact of Manufacturing Readiness Grants program on company growth, state’s economy, Hoosier workforce

Raquel Bahamonde2022-09-30T07:41:38-04:00September 9, 2022|

INDIANAPOLIS (September 9, 2022) – Conexus Indiana announced today results of a comprehensive study measuring the impact of the statewide Manufacturing Readiness Grants program. The $138.9 million in technology adoption projects spurred by Manufacturing Readiness Grants are adding jobs, growing wages and increasing company revenues, resulting in a 26 percent internal rate of return for the State of Indiana. The Manufacturing Readiness Grants program was launched in 2020 as part of the Indiana Economic Development Corporation’s Economic Activity Stabilization and Enhancement (EASE) program and was extended through a separate appropriation from the Indiana General Assembly in 2021. Since inception, $17.4 million in matching grants through 212 awards have been made to stimulate private sector investments in technologies such as next-generation machines, cobots, machine vision and additive manufacturing to modernize Indiana’s manufacturing industry. The “Manufacturing Readiness Grants Program 2022 Impact Report” [...]

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