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.” [...]

Purdue University and Indiana University Officially Split IUPUI

2023-07-13T08:08:43-04:00June 14, 2023|

(Photo courtesy: Purdue University) On June 14, 2023, Purdue University trustees and Indiana University trustees simultaneously approved the agreements that will effectively dissolve Indiana University-Purdue University Indianapolis (IUPUI) on June 30, 2024. At the same time, Purdue University established Purdue University in Indianapolis, that will consist of multiple locations around the city providing degrees from Purdue University West Lafayette. The urban campus will assume responsibility for the existing engineering, computer science and technology programs at IUPUI. Purdue also plans to grow several other colleges and departments in Indianapolis including the Daniels School of Business, Pharmacy, Health and Human Sciences, Science and Agriculture. [READ MORE] Indiana University (IU) established Indiana University Indianapolis. Following the joint announcement, IU announced that it plans to double enrollment in key tech-focused academic programs; invest in expanded research and laboratory space; and expand the [...]

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 [...]

CICP releases 2022 annual report

2023-04-19T10:17:45-04:00April 19, 2023|

CICP has released its 2022 annual report, marking a year of significant change for the organization. CICP marked many milestones including a transition of leadership. After ten years at the helm of CICP, David L. Johnson retired at the end of the year. Named as his successor was former Cummins executive Melina Kennedy. She assumed the role of CEO while Chief Operating Officer and Chief Financial Officer (CFO) Latoya Botteron was promoted to president. She also retained her role as CFO. CICP’s five talent and industry sector initiatives AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana and TechPoint continued to make a positive impact on their sectors and attracting and retaining top talent. 2022 saw CICP and all of its initiatives come together for the IN ADVANCE Summit to educate high school and early-in-career talent about the advanced industries that drive [...]

IIB: 16 Tech CEO: Bridge Project has Great Meaning

2023-04-03T08:15:23-04:00April 3, 2023|

Inside INdiana Business Host Gerry Dick and Reporter Mary-Rachel Redman go in-depth with 16 Tech President and CEO Emily Krueger and other dignitaries, including Mayor Joe Hogsett, at the groundbreaking of the 16 Tech community bridge. The structure itself is billed as the first-of-its-kind in the United States, a bridge that will have more room for people than cars and serve as a new signature piece to showcase the downtown Indianapolis skyline. Krueger said connecting the district to the new IU Indianapolis and Purdue Indianapolis campuses will also be critical to the state’s talent attraction efforts. [WATCH]   Bridge Groundbreaking: March 28, 2023 Completion: Summer 2024 Cost: $20 million

16 Tech breaks ground on a new community bridge

2023-05-09T09:12:33-04:00March 28, 2023|

Press release issued by 16 Tech. INDIANAPOLIS (March 28, 2023) - Today, 16 Tech Community Corporation, the nonprofit responsible for the programmatic and physical development of 16 Tech Innovation District, broke ground on a new community bridge, spanning Indianapolis’ Fall Creek at West 10th Street and Riley Hospital Drive to connect the 16 Tech Innovation District to Indianapolis’ research and medical corridor. Local leaders Mayor Joe Hogsett, City-County Council President, District 11, Vop Osili, along with 16 Tech’s President & CEO Emily Krueger, and the design and engineering firms sbp and PAU welcomed guests to announce the start of construction on a first-of-its-kind bridge. They were joined by neighborhood and community stakeholders, including Ebony Chappel of Friends of Belmont Beach. The bridge, linking 16 Tech Innovation District and the city’s wider trail and greenway network, including the Indianapolis Cultural Trail: A [...]

Celebrating CICP and our initiatives on a transformational 2022 – WATCH

2023-01-17T15:58:14-05:00January 17, 2023|

For CICP and our five talent and industry sector initiatives (AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana and TechPoint), 2022 was a transformational year with many big achievements. Dedication to the region’s prosperity and growth is the mission of CICP and that continued to be evident in the work of the organization and our initiatives as each one helped to drive Indiana’s economy forward. Take a look back at some of the major milestones of the past year. [WATCH]  

Corporate and Community Leader Melina Kennedy named Central Indiana Corporate Partnership CEO

2022-12-08T16:02:56-05:00December 8, 2022|

INDIANAPOLIS (December 8, 2022) – The Central Indiana Corporate Partnership (CICP) today announced that Melina Kennedy, vice president of product compliance and regulatory affairs, Cummins Inc. (NYSE: CMI) has been named the organization’s chief executive officer. In July, David Johnson, current CEO, announced his retirement effective at the end of 2022. Kennedy has more than 25 years of experience in law, government and business, including the past decade at Cummins, first directing executive communications and then held leadership roles in the Engine and Power Systems businesses before becoming a vice president leading the Product Compliance and Regulatory Affairs organization. In addition, she had a successful law career at the former Baker and Daniels LLP; and was deputy mayor, director of economic development for the City of Indianapolis from 2000 to 2005. In 2011, she was a candidate for mayor of [...]

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