Indiana In The News Archives - The Central Indiana Corporate Partnership

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

Raquel Bahamonde2023-04-03T08:38:53-04:00April 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

Raquel Bahamonde2023-04-03T08:15:23-04:00April 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

Raquel Bahamonde2023-03-31T09:19:03-04:00March 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

Raquel Bahamonde2023-03-16T07:51:32-04:00March 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

Raquel Bahamonde2023-03-08T14:26:18-05:00March 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)

IIB: State of Tech in Indiana, TechPoint CEO Ting Gootee

Raquel Bahamonde2023-02-20T11:08:05-05:00February 20, 2023|

In a recent Inside INdiana Business interview with Gerry Dick, TechPoint President and CEO Ting Gootee and Elevate Ventures CEO Christopher Day, talked about the state of the Indiana tech sector. Gootee says despite major layoffs by tech companies such as Microsoft and Amazon, the outlook for the Indiana tech sector is much better. Day says the national situation creates an opportunity for Indiana. In the 2022 Indiana Tech Venture Report, TechPoint reported that more than 130 tech companies reported $441 million in capital investment in 2022. [WATCH] (Sources: Inside INdiana Business, TechPoint)

IBJ: Indiana Life Sciences Companies Raise Record $620M in 2022

Raquel Bahamonde2023-01-24T09:15:14-05:00January 24, 2023|

A recent article in the Indianapolis Business Journal by reporter John Russell, shows that Indiana’s healthcare and life sciences sector, often hailed as a key driver of the state’s economy, landed a record $619.8 million in venture funding last year, a hefty increase over the previous record, set a year earlier. Data provided by CICP's life sciences initiative BioCrossroads also shows that the amount of funding raised is 43% larger than the previous record of $433 million, set in 2021. According to the story, thirty-seven companies signed 40 deals last year for venture funding, for an average deal amount of $15.5 million. That is an improvement from the year before, when 39 companies signed deals worth an average amount of $11.1 million. [READ MORE] (Sources: Indianapolis Business Journal, BioCrossroads)

IndyStar: TechPoint’s CEO on her job and challenges of growing Indiana’s tech sector

Raquel Bahamonde2023-01-13T15:40:16-05:00January 13, 2023|

In a recent IndyStar article, reporter Alexandria Burris sat down with new TechPoint President and CEO Ting Gootee to talk about the key areas of growth in the tech sector. Gootee says tech workers and digital innovation are two of the key elements to the growth of the Indiana economy, especially in advanced industry sectors such as agriculture, life sciences, advanced manufacturing and logistics. Gootee, who was named to the new role in 2022, wants Indiana to keep pace with tech job growth by adding 41,000 tech workers by 2030. [READ MORE] (Source: IndyStar)

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)

BioCrossroads Honors Life Sciences Innovators in Indiana

Raquel Bahamonde2022-09-26T08:43:51-04:00September 26, 2022|

In an effort to recognize and honor some of the people leading the way and making significant contributions to the life sciences sector, our initiative BioCrossroads created the August M. Watanabe Life Sciences Champion of the Year Award to shine a light on innovation and growth in the state and recognize those whose impactful contributions have helped lead the sector to national prominence. This compilation is a look back at the trailblazers selected for this award over the years. [READ MORE] (Source: BioCrossroads)

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