CICP2018AnnualReportReports-Website

CICP releases 2018 annual report

March 27, 2019

2018 saw continued progress, and it was an especially productive year for CICP, its projects and its initiatives (AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana, Energy Systems Network and TechPoint).

The early 2018 launch of Bruce Katz and Jeremy Nowak’s book, The New Localism—with its extensive focus on CICP as a global model for communities in structuring and governance of economic development activity— spurred considerable publicity and acclaim for CICP. In addition, as CICP looks to ensure the organization is continuing to deliver maximum impact, it released two landmark pieces of research, the Brookings Institution’s Advancing Opportunity in Central Indiana and the Brookings Institution’s Metropolitan Policy Program report, Rethinking Cluster Initiatives.

As CICP enters its 20th year, it’s important to look back to see how far we’ve come, but to also focus on the future and the opportunities ahead. One of those opportunities includes CICP relocating its headquarters to the 16 Tech Innovation District in May 2020.

AdvancingOpportunity-Website

Advancing Opportunity in Central Indiana

December 18, 2018

The Brookings Metropolitan Policy Program has released new research that examines the presence of “good jobs” that provide stable employment, middle-class wages and benefits across occupations and industries in the Central Indiana region, particularly for the more than 650,000 prime-age workers in the region who do not hold a bachelor’s degree.

Importantly, the report looks not only at the good jobs that provide those advantages today, but also at “promising jobs” that provide stepping stones to the region’s middle class over time.

Brookings Institution article. [READ]

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Clusters & Disruptors: Envisioning Central Indiana’s Economic Future in a Time of Change

November 29, 2018

The Central Indiana Corporate Partnership (CICP) commissioned a study by TEConomy Partners, Clusters and Disruptors: Envisioning Central Indiana’s Economic Future in a Time of Change, to better understand the forces of change that will likely drive Central Indiana’s economy for the next decade.

The “Clusters and Disruptors” report contains the following:

  • In-depth quantitative and qualitative analytics to identify key advanced industry clusters for the region.
  • A detailed situational assessment of these clusters and the associated regional technology-based economic development ecosystem (including benchmarking against aspirational competitors).
  • Robust consideration to megatrends, convergence forces, and disruptive technologies likely to shape the regional economic landscape over the forthcoming decade.
BrookingsCaseStudy-Reports

Rethinking Cluster Initiatives – Brookings Institution

July 25, 2018

A new report from the Brookings Metropolitan Policy Program argues that initiatives to support and grow industry clusters remain a potentially powerful strategy to jumpstart local economic growth, but only if certain market and civic fundamentals are in place.

The report, Rethinking cluster initiatives, by Ryan Donahue, Brookings fellow Joseph Parilla, and Brookings nonresident senior fellow Brad McDearman, takes a fresh look at the concept of industry clusters—groups of firms that gain a competitive advantage through local proximity and interdependence—and offers practical guidance for metropolitan leaders considering investments in cluster initiatives, drawing on five in-depth case studies.

The Central Indiana Corporate Partnership (CICP) is cited as a successful model and national case study.

Full report can be viewed at: https://www.brookings.edu/research/rethinking-cluster-initiatives/

2017CICPAnnualReport-Website

CICP Releases 2017 Annual Report

March 27, 2018

Nearly 20 years ago, the heads of our region’s leading companies, philanthropic foundations and universities came together to drive the formation of the Central Indiana Corporate Partnership (CICP). 2017 showed that CICP’s story and the scale of our efforts only continue to grow.

Our six key talent and industry sector initiatives, AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana, Energy Systems Network and TechPoint, are engaged in important and transformative projects all over the state.

2017 Annual Report Cover2

CICP Releases 2016 Annual Report

March 22, 2017

In a year that brought many changes for the state of Indiana, one thing remained constant: the commitment of the Central Indiana Corporate Partnership (CICP) and our branded initiatives to drive a competitive strategy for economic development and regional prosperity.

CICP is a unique organization — in our structure, the quality of our board membership, the strength of our diverse sources of financial support, and the energy behind our many collaborations and essential projects. CICP truly is providing both the workshop to develop and then the runway to launch the best collaborative opportunities for our region’s future success. And our best opportunities lie ahead.

Learn more about our work at CICP and what our six initiatives AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana, Energy Systems Network and TechPoint are doing.

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America’s Advanced Industries: New Trends – Indianapolis and Indiana

August 4, 2016

Indianapolis continues to drive a nationally competitive range of opportunities for regional growth and innovation in life sciences, computer systems design and vehicle parts manufacturing as well as in the service areas of engineering and management consulting, according to an updated study from Brookings Institution, America’s Advanced Industries: New Trends. 

The Brookings study analyzed 50 “advanced industries,” defined to be industries that invest heavily in technology innovation (more than $450 per worker), employ a workforce highly skilled in science, technology, engineering and mathematics (STEM), and also “encompass the country’s best shot at supporting innovative, inclusive and sustainable growth.”

2016 Brookings Advanced Industries Report

(Source: Brookings Institution, Central Indiana Corporate Partnership)

 

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Central Indiana Corporate Partnership (CICP) 2015 Annual Report

March 29, 2016

2015 was a game changing year for both our community and the Central Indiana Corporate Partnership (CICP), and a year that laid the groundwork and strategy for substantial future progress. In February, Brookings Institution’s study, America’s Advanced Industries What They Are, Where They Are and Why They Matter, highlighted that Indianapolis continues to drive a nationally competitive range of opportunities for regional growth and innovation in life sciences, advanced manufacturing and information technology.

CICP and its sector initiatives are, in many ways, ahead of the pack. Our agriculture innovation, life sciences, advanced manufacturing and logistics, energy technology and information technology initiatives are uniquely aligned with one another, with corporate, university and philanthropic stakeholders and with public-sector leadership both regionally and statewide. As a result, our initiatives are primed to take advantage of these and other ‘hot’ areas of skilled and high-wage opportunity growth. Learn more about our work at CICP and what our six initiatives, AgriNovus Indiana, BioCrossroads, Central Indiana Workforce Development Initiative, Conexus Indiana, Energy Systems Network and TechPoint, are doing.

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Central Indiana Corporate Partnership (CICP) 2014 Annual Report

March 5, 2015

For more than 15 years now, the Central Indiana Corporate Partnership (CICP) has been pursuing our appropriately ambitious mission to “advance regional prosperity” for Central Indiana.  And, through the Partnership as well as our branded initiatives, we’ve had a real measure of success.  For CICP, that success comes right from the top: thanks to the sustained vision and shared commitments of one of the strongest and most visible boards of directors—the leaders of our region’s leading companies, universities and major philanthropic foundations—of any collaborative organization in Indiana, or indeed, anywhere in the United States.  Often, CICP acts through our well known branded initiatives—BioCrossroads, Conexus Indiana, Energy Systems Network, TechPoint and soon, AgriNovus Indiana.  But every day, CICP and our members are also working behind the scenes throughout the region and around the State of Indiana, convening and deliberating effectively with a wide range of private and public leaders, strategic partners, initiatives and projects that all add to our economic vitality and growth.  As you will see in this 2014 Annual Report, the result has been a year of substantial progress.

(Source: Central Indiana Corporate Partnership)

RegionalCitiesStudy

Benchmarking U.S. Regional Cities: A Study and Guide For Transformation

October 24, 2014

On March 24, 2014, Indiana Governor Mike Pence signed into law a bill aimed at growing the state’s economy through strategic regional city economic development to be known as the Regional Cities Initiative. The Indiana Economic Development Corporation (IEDC) was tasked with establishing tools and guidance for Indiana cities to plan for the future.

The IEDC partnered with Fourth Economy Consulting to conduct a national benchmark study of comparative regions and their cities which have transformed their economies over the past 20 months to increase talent attraction and investment. As a result is the study: Benchmarking U.S. Regional Cities: A Study and Guide for Transformation. [READ EXECUTIVE SUMMARY]

(Source: Indiana Economic Development Corporation, Fourth Economy Consulting)