IBJ: Feds pick Indiana as biotech hub, putting it in running for millions in funding

2023-10-23T23:39:09-04:00October 23, 2023|

The Applied Research Institute, Inc. (“ARI”) announced today that the U.S. Department of Commerce Economic Development Administration has designated Heartland BioWorks as a Regional Tech​nology and Innovation​ Hub. Heartland BioWorks will now compete against other designated hubs for implementation grants of up to $75 million each later this year. The Regional Tech Hub designation, and the funding that follows, will support the acceleration of workforce development and help dismantle barriers to success for entrepreneurs and small business owners with new biotech products. Central Indiana Corporate Partnership (CICP) and its branded initiatives joined ARI and local stakeholders to develop the tech hub application. "The collaborative spirit in Indiana is truly unique," said CICP CEO Melina Kennedy.  "When you pair that strength together with a hotbed of research and innovation, a talented workforce, and the advanced industries of the 21st century such [...]

Melina Kennedy: Indiana needs more and better supported entrepreneurs (IIB)

2023-10-08T21:50:24-04:00October 6, 2023|

Melina Kennedy, CEO, Central Indiana Corporate Partnership Melina Kennedy, CEO of Central Indiana Corporate Partnership (CICP), highlights the need for more and better supported entrepreneurs in the latest Inside INdiana Business newsletter. With competing narratives regarding entrepreneurship in Indiana, last year, CICP engaged NORC at the University of Chicago to complete the Entrepreneurship in the Population–IN (EPOP-IN) study. The EPOP-IN data reinforces the fact that the health of Hoosier entrepreneurship is indeed complicated. EPOP-IN found that nearly 60% of Indiana adults have taken at least some steps toward entrepreneurship. While this demonstrates that a large number of Hoosiers are interested in entrepreneurship, it falls below the national data which indicates slightly more than 65% of Americans have pursued entrepreneurial activity. [READ MORE]

IIB: Grads: Stay Open to Possibilities; Stay in Indiana for Opportunities

2023-07-11T16:02:41-04:00July 11, 2023|

Graduations of all shapes and sizes – kindergarten, middle school, high school, certificate programs, and universities have just happened, leading students to their next chapter in life. Regardless of your age, I wonder if you knew exactly what you wanted to do when you graduated from high school or even what you want to do right now. Or, if you have the exact job tied to exactly what you studied. Too many people think that once they earn their degree, they need to know precisely what job they will be in now, in the near future and even down the road. But for most people, so much can change and keeping an open mind and thinking broadly about what the future holds can make all the difference in the world. CICP CEO Melina Kennedy offers more in this Inside INdiana Business Perspectives piece. [READ [...]

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 [...]

Chalkbeat: Reported Graduation Rates for Indiana Schools Could Dip After Change in State Law

2023-07-28T15:16:40-04:00June 6, 2023|

A recent article in Chalkbeat by Amelia Pak-Harvey outlines how schools across Indiana could see a dip in their reported graduation rates after a change to state law requiring districts to limit the portion of students who graduate with waivers from the calculation. The changes could have a large effect on publicized graduation rates, which are often used as a measure of success for school leaders and can be a key metric parents use to determine the quality of their child’s education. “My hope is that greater transparency into the number of students who are graduating from high school with a high school diploma will lead to productive dialogue between parents, school principals, school superintendents, policymakers and others to improve not only our high school school graduation rate, but the number of students that are entering into postsecondary education,” said [...]

IBJ: Jason Kloth: Three Steps to Improve Indiana’s Education System

2023-04-03T08:38:53-04:00April 3, 2023|

Jason Kloth, president and CEO, Ascend Indiana In a recent Indianapolis Business Journal (IBJ) Op-ed, Ascend Indiana President and CEO Jason Kloth talks about a rapidly changing labor market that is requiring talent to be more educated. A recent Ascend Indiana and EmployIndy study reports highly skilled, highly educated workers are the most in demand across Indiana. Yet statistics paint a negative trend, with fewer high school graduates pursuing the education needed to fill those roles. The good news is state legislators have introduced practical steps to address that gap by making adjustments to the 21st Century Scholars program, graduation waivers and ways of obtaining financial aid. If enacted, these steps will create greater economic opportunity for low-income Hoosiers while growing Indiana’s economy and tax base. [READ MORE] (Sources: IBJ, Ascend Indiana)

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

IBJ: Life Sciences Industry Booster BioCrossroads Girds for New Challenges

2023-03-31T09:19:03-04:00March 27, 2023|

A recent Indianapolis Business Journal (IBJ) article takes a look back at 20 years of success for BioCrossroads, the life sciences initiative of the Central Indiana Corporate Partnership (CICP). In two decades, BioCrossroads has assisted more than 500 startup companies, raised more than $600 million of market capital and helped attract thousands of jobs. In 2022, data shows that Indiana leads the United States in pharmaceutical sales and is one of three top states for exports of all life sciences products - pharmaceuticals, medical devices, and agbiosciences, while providing an $80 billion economic impact. In 2023, BioCrossroads announced that President and CEO Patty Martin would step down to pursue other ventures. “I think it’s just a logical time right now to take a couple of months and really take a good hard, informed look at where we are overall,” said [...]

IIB: Study: Growth in Indiana Agbioscience Sector Exceeding Goals

2023-03-16T07:51:32-04:00March 16, 2023|

In a recent Inside INdiana Business interview, AgriNovus Indiana President and CEO Mitch Frazier outlined the results of a new study that shows Indiana's agbioscience economy grew $6 billion from 2018-2021, bringing its direct annual impact to $58 billion. Frazier said the growth is "extraordinary, historic, by definition." Frazier said the sector saw growth despite strong headwinds, stemming from the COVID-19 pandemic and global supply chain issues. [READ MORE AND LISTEN] Access the full AgriNovus Indiana report: Innovative Agbioscience in Indiana: 2022 Assessment (Sources: Inside INdiana Business, AgriNovus Indiana)

WISH-TV BEO: Ascend Indiana Revolutionizing Workforce Development in Indiana

2023-03-08T14:26:18-05:00March 8, 2023|

In a recent interview on WISH-TV's Business, Equity & Opportunities show, Ascend Indiana VP of Consulting and Co-Founder Stephanie Bothun talks about how the organization is helping to bridge the gap between employers and educational institutions to transform the way early-in-career talent find good and promising jobs, internships and apprenticeships in Indiana. Ascend is also a partner with EmployIndy on the Modern Apprenticeship program. It's a three-year work-based learning experience with local employers, where students emerge with a high school diploma, college credits, relevant credentials and professional experience. [WATCH] (Sources: WISH-TV, Ascend Indiana)

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