Indiana In The News Archives - The Central Indiana Corporate Partnership

WISH-TV: BioCrossroads is working to grow life sciences in Indiana

Raquel Bahamonde2024-04-15T12:05:47-04:00April 15, 2024|

BioCrossroads President and CEO Vince Wong was recently featured on WISH-TV's Business, Equity and Opportunities show with Scott Sander to talk about the growth of the life sciences in Indiana. Indiana is ranked first in the nation for pharmaceutical exports and second in the nation for life sciences exports. Indiana's life sciences sector: $95B annual economic contribution 67,000+ workers 3,000+ life sciences establishments $108,000+ average wage Wong talks about an area of growth for the sector including attracting companies that manufacture devices to treat and manage diseases. He also talks about the need to continue to attract talent into the growing sector. WATCH (Sources: WISH-TV and BioCrossroads)

TechPoint Report: Indiana kicks off 2024 by outpacing national VC investment activity

Raquel Bahamonde2024-04-15T12:36:38-04:00April 11, 2024|

In the first quarter of 2024, the national venture capital (VC) landscape presented a mixed picture, with investment levels at a five-year low based on PitchBook data, despite a slight uptick in valuations and exit activity compared to last quarter. In contrast, Indiana emerged as a bright spot, displaying growth in VC activities across various metrics at the highest level since at least 2015. TechPoint, the tech initiative for the Central Indiana Corporate Partnership (CICP), has released its Q1 2024 Indiana Tech Venture Report. READ MORE (Source: TechPoint)

Ascend Indiana CEO Brad Rhorer talks youth apprenticeships on Capitol Hill

Raquel Bahamonde2024-03-15T11:55:41-04:00March 12, 2024|

Ascend Indiana President and CEO Brad Rhorer was on Capitol Hill this week to speak before the subcommittee for the U.S. Senate Committee on Health, Education, Labor and Pensions. Rhorer testified on the value of youth apprenticeship and highlighted the progress Indiana has made in serving youth in apprenticeship experiences. U.S. Senator John Hickenlooper from Colorado chairs the subcommittee and Indiana Senator Mike Braun is a ranking member on the subcommittee. Ascend Indiana is the talent and workforce development initiative of CICP. READ MORE

IIB: New BioCrossroads CEO bullish on Indiana’s life sciences future

Raquel Bahamonde2024-03-15T11:54:38-04:00February 5, 2024|

In February, BioCrossroads, the life sciences initiative of CICP, announced Vince Wong as its new President and CEO. Wong said his experience with both a major corporation and a small startup will prove valuable for his new role. Wong discussed how his previous work will benefit his new job and the state in an interview with Inside INdiana Business, Business of Health Reporter Kylie Veleta. READ MORE (Sources: Inside INdiana Business, BioCrossroads)

New IU Indianapolis, Lilly partnership to boost talent pipelines, workforce development with support from CICP, 16 Tech

Raquel Bahamonde2024-03-29T13:25:57-04:00February 1, 2024|

Indiana University Indianapolis and Eli Lilly and Company are launching a new co-op partnership to enhance talent pipelines and expand workforce development opportunities for people in central Indiana. The collaboration will connect undergraduate students from several IU Indianapolis schools and degree programs with opportunities at Lilly. This hands-on training will position students to enter and grow their careers in the state of Indiana while meeting the talent needs at one of the state’s largest employers. Additionally, the Central Indiana Corporate Partnership (CICP) and 16 Tech Innovation District will join IU Indianapolis and Lilly to enhance the experience of students selected for the co-op through member events, team building, experiential learning, volunteer opportunities and more. This enhanced programming with the support of CICP and 16 Tech will build more place-based learning and networking opportunities that connect students to life in Indianapolis [...]

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

Raquel Bahamonde2024-03-15T13:35:29-04:00October 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 Technology 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)

Raquel Bahamonde2023-10-08T21:50:24-04:00October 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

Raquel Bahamonde2023-07-11T16:02:41-04:00July 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

Raquel Bahamonde2023-07-13T08:08:43-04:00June 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

Raquel Bahamonde2023-07-28T15:16:40-04:00June 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 [...]

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