Techpoint News Archives - The Central Indiana Corporate Partnership

TechPoint launches second phase of Mission41K: action steps based on a year of determining the best ways to grow Indiana’s tech workforce

Raquel Bahamonde2023-09-18T01:22:00-04:00September 5, 2023|

INDIANAPOLIS (Sept. 5, 2023) — This Thursday, TechPoint, Indiana’s industry-led growth initiative for the state’s digital innovation economy, will host a summit to kick off the second phase of its Mission41K initiative, a collaborative effort to inclusively grow the Hoosier tech workforce by 41,000 people by 2030. The half-day gathering of hundreds of Mission41K participants and supporters will include a keynote address from Cordell Carter, Esq., executive director of the Aspen Institute Socrates Program, a global education forum and the founding director of the Aspen Institute’s Project on Belonging. An industry panel of experts who have been implementing work-based learning strategies will discuss what they’ve gleaned over the year, and participants will take that information into breakout sessions designed to help develop action steps. Launched in September 2022, Mission41K is a state-wide, cross-sector effort with more than 100 companies and organizations [...]

Infosys Foundation USA Invests $200,000 To Boost Hoosier Tech Careers Through Collaboration with TechPoint, Nextech and Indianapolis Public Schools

Raquel Bahamonde2023-08-31T15:37:22-04:00August 22, 2023|

INDIANAPOLIS — Infosys Foundation USA, a non-profit organization focused on bridging the digital divide in America, today announced a $200,000 investment to support Hoosiers in their pursuit of upskilling for tech careers. The funding will be awarded to the Central Indiana Corporate Partnership (CICP) Foundation to support TechPoint, Indiana’s industry-led growth initiative for the state’s tech ecosystem, as well as partners Nextech and Indianapolis Public Schools (IPS), to expand proven programming statewide and to implement new tech-career programs in central Indiana. “The Foundation has a strong history in Indiana, having launched our signature K-12 computer science teacher-focused Pathfinders Institute at Indiana University Bloomington in 2018. We’re thrilled to now reflect our expanded mission to digitally upskill the future workforce through our partnership with TechPoint, focused on advancing the Mission41K initiative,” said Kate Maloney, Executive Director, Infosys Foundation USA. “There are [...]

TechPoint issues positive progress report for its Mission41K initiative

Raquel Bahamonde2023-08-01T07:14:10-04:00July 24, 2023|

TechPoint, the growth initiative for Indiana's tech sector, has released a progress report on its Mission 41K initiative aimed at growing the tech sector by 41,000 jobs by 2030. The initiative, which launched in September 2022, has shown progress as Indiana has grown its tech workforce by 5.6 percent, which is double the national tech workforce rate last year. According to TechPoint, since it launched the initiative more than 100 individuals and organizations have taken the Mission41K pledge. The report shows that 92 percent of all jobs in Indiana require some level of tech skill. Tech employment in Indiana stands at 118,872 jobs at nearly 9,300 tech companies. TechPoint's report shows that those companies posted more than 55,000 open positions last year. [READ FULL REPORT] In a recent Inside INdiana Business article, Dennis Trinkle, senior vice president of talent, strategy [...]

TechPoint issues Q2 2023 Indiana Tech Venture Report: Steadying pace towards market equilibrium between startups and investors

Raquel Bahamonde2023-07-17T15:05:10-04:00July 17, 2023|

The venture capital landscape today, with regards to deal flow, looks similar to that of the early months of the pandemic in 2020. Crunchbase data showed global venture funding in Q2 2023 fell 18% quarter over quarter to $65 billion, down 49% compared to the second quarter of 2022, when startup investors spent $127 billion. The first half of 2023 is down by similar proportions. In H1 2023, global funding reached $144 billion, marking a 51% decline from the $293 billion invested in H1 2022 and a 10% decline from the second half of 2022. “The trickle-down market effect from later-stage deals now to the seed and early-stage deals, especially around decreased valuation, has been shaping this year’s activities,” explained TechPoint President and CEO Ting Gootee. “This has a significant impact on an emerging venture community like ours where most founders are [...]

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

Raquel Bahamonde2023-06-13T10:33:31-04:00June 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 [...]

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

Raquel Bahamonde2023-05-24T09:43:39-04:00May 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," [...]

TechPoint honors ‘Best of Tech’ Mira Award winners during 24th annual gala

Raquel Bahamonde2023-04-24T10:00:27-04:00April 22, 2023|

INDIANAPOLIS (April 22, 2023) — TechPoint, the nonprofit, industry-led growth initiative for Indiana’s digital innovation economy, today honored 141 nominees and presented 18 awards during the organization’s annual Mira Awards gala, presented by UKG, Salesforce and the Indiana Economic Development Corporation. Winners come from Evansville, Fishers, Fort Wayne, Indianapolis, Lafayette, New Albany, and West Lafayette and are recognized by their peers in the tech ecosystem as true change agents whose innovations are helping save and improve lives, digitally transforming Indiana businesses and educating Hoosiers for tech careers in Indiana and throughout the world. RxLightning was a repeat double-winner this year, and Zylo returned to the podium for an award it earned in 2020. “The Mira Awards have always represented the best in Indiana tech, and this year we’re diving deep into talent development and digital innovation because both are economic [...]

Philanthropist, community builder and tech entrepreneur Rupal Thanawala named TechPoint’s 2023 Trailblazer Award recipient

Raquel Bahamonde2023-04-20T08:29:24-04:00April 20, 2023|

INDIANAPOLIS (April 20, 2023) — Rupal Thanawala will be honored as the 2023 Trailblazer Award winner during the 24th annual TechPoint Mira Awards gala presented by UKG, Salesforce and the Indiana Economic Development Corporation on Saturday, April 22 at the JW Marriott in Indianapolis. TechPoint’s Mira Awards celebrate the best of tech in Indiana each year, including recognizing people, products and companies for their outstanding achievements. The Trailblazer Award specifically recognizes visionaries whose contributions have had lasting and significant impact on the state and its technology ecosystem. Trailblazers are among the tech community’s most inspiring and influential players. They are innovative risk-takers whose achievements and bold leadership are catalysts for growth and success. “There are three ways that I would describe Rupal, a deep passion for her community, a tireless dedication to the community, and Rupal, definitely, is a connector [...]

Indianapolis airline pilot, Bridge Builder Award announced for TechPoint’s Mira Awards

Raquel Bahamonde2023-04-04T13:44:38-04:00April 4, 2023|

INDIANAPOLIS (April 4, 2023) — Indianapolis native Captain Ryan Lynch, a Republic Airways commercial airline pilot, founder of the National Aviation Youth Resources (NAYR) Foundation and director of the Indianapolis/Indiana ACE Academy, will receive the TechPoint Foundation for Youth (TPF4Y) Bridge Builder Award during TechPoint’s 24th annual Mira Awards gala honoring the best of tech in Indiana. Also at the gala, the Foundation will remark on the organization’s activities and cap off its annual fundraising drive. The organization provides science, technology, engineering and math (STEM) education programs to Hoosier youth. It is supported by several large donors, but also relies on the annual Mira drive to support its programming. Those wanting to donate early can do so here. The Foundation’s Bridge Builder Award honors visionary leaders and organizations that are empowering Indiana's underserved K-12 students by providing access to experiential [...]

TechPoint, InnoPower and Sagamore Institute partner to help Blacks in central Indiana succeed in tech; actively seeking participants

Raquel Bahamonde2023-03-14T16:21:16-04:00March 14, 2023|

INDIANAPOLIS — (March 14, 2023) — Equipped with a $300,000 grant from the Indianapolis African American Quality of Life Initiative (IAAQLI), TechPoint, InnoPower and Sagamore Institute are seeking central Indiana companies to offer tech-related adult apprenticeship opportunities to low-income, central Indiana Black men and women. “We are thrilled to have received this support, but now we need companies to step up and take advantage of a game-changing opportunity for everyone involved,” said TechPoint Senior Vice President, Talent, Strategy, and Partnerships Dennis Trinkle. “We see adult apprenticeship as the most effective way to deploy these funds toward lifelong, meaningful careers. We are creating a program that pairs companies and apprentices and expect to have so much demand from both audiences that we’ll need more funders to step forward.” InnoPower Founder and CEO Emil Ekiyor described the two-year pilot program as “groundbreaking” for Indiana’s Black community. [...]

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