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)

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

2023-02-20T11:08:05-05:00February 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

2023-01-24T09:15:14-05:00January 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

2023-01-13T15:40:16-05:00January 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

2022-10-28T10:48:07-04:00October 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

2022-09-26T08:43:51-04:00September 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)

IIB: New 16 Tech CEO Krueger Sees Big Opportunity

2022-09-12T08:15:16-04:00September 12, 2022|

In a recent interview on Inside INdiana Business, 16 Tech President and CEO Emily Krueger talked about the billions of dollars of investment in place or under construction at 16 Tech and how the District is playing a major role in a new health and life sciences corridor. Krueger also talks about the groundbreaking on the new bridge this fall that will connect 16 Tech to the IUPUI campus and why the bridge is a significant connector to the downtown area and much more. WATCH

IBJ: Ascend Indiana Developing Strategies to Keep College Grads in State

2022-08-22T12:50:15-04:00August 22, 2022|

The CICP talent initiative Ascend Indiana is committed to making Indiana a place of economic opportunity for all by helping to keep college graduates in state through internships and good and promising jobs. Recently, Ascend Indiana President and CEO Jason Kloth spoke to Sam Stall with the Indianapolis Business Journal (IBJ) about several pathways the non-profit it using to achieve its goals of closing the talent gap in Indiana. “We want to bridge the connectivity gap between employers and talent in our state,” Kloth said. “The Ascend Network is the technology platform that addresses connectivity between the job seeker and the employer. The second platform is Ascend Services, which brings together employers, education providers and elected officials to build new programmatic content. The third is Ascend Insights, which is all about research and public policy.” Also, among its many partners [...]

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