Raquel Bahamonde, Author at The Central Indiana Corporate Partnership

Data confirm significant impact of Manufacturing Readiness Grants program on company growth, state’s economy, Hoosier workforce

Raquel Bahamonde2022-09-30T07:41:38-04:00September 9, 2022|

INDIANAPOLIS (September 9, 2022) – Conexus Indiana announced today results of a comprehensive study measuring the impact of the statewide Manufacturing Readiness Grants program. The $138.9 million in technology adoption projects spurred by Manufacturing Readiness Grants are adding jobs, growing wages and increasing company revenues, resulting in a 26 percent internal rate of return for the State of Indiana. The Manufacturing Readiness Grants program was launched in 2020 as part of the Indiana Economic Development Corporation’s Economic Activity Stabilization and Enhancement (EASE) program and was extended through a separate appropriation from the Indiana General Assembly in 2021. Since inception, $17.4 million in matching grants through 212 awards have been made to stimulate private sector investments in technologies such as next-generation machines, cobots, machine vision and additive manufacturing to modernize Indiana’s manufacturing industry. The “Manufacturing Readiness Grants Program 2022 Impact Report” [...]

TechPoint to host Launch Mission41K event to help Indiana tech companies create new pathways for tech hiring

Raquel Bahamonde2022-09-06T08:12:34-04:00September 6, 2022|

INDIANAPOLIS (September 6, 2022) — TechPoint, the nonprofit, industry-led growth accelerator for Indiana’s tech ecosystem, today announced a one-day event — Launch Mission41K — where it will work with up to 250 early adopters of the organization’s new Mission41K movement: a plan to grow the state’s tech workforce by 41,000 by 2030 and solidify Indiana’s national reputation as a vibrant tech hub. “We’re gratified by the response from Indiana companies who are eager to work collaboratively to capitalize on the tech talent momentum we’ve created together,” said TechPoint President and CEO Ting Gootee. “This event will bring together hundreds of stakeholders, representing the first companies and community partners to embrace our call to inclusively grow Indiana’s tech workforce and create new career pathways,” she added. “Our collaborative efforts will help launch great tech and tech-enabled careers for those wanting to [...]

TechPoint launches new program to help out-of-state investors use the Indiana Venture Capital Investment Tax Credit

Raquel Bahamonde2022-08-31T13:14:59-04:00August 30, 2022|

INDIANAPOLIS (August 30, 2022) — A new program launched by TechPoint is aimed at assisting investors in Indiana startups from out-of-state to assign or sell up to $1 million in venture capital investment (VCI) tax credits which they can earn but can’t use. The Indiana VCI Marketplace is a free program to better connect investors who have earned VCI tax credits and Hoosier investors who want to buy them. The Indiana Venture Capital Investment (VCI) Tax Credit was enacted in 2003 but applied only to Hoosier investors who could use it to lessen their tax liability. Since out-of-state investors don’t pay Indiana taxes, the benefit didn’t apply to them. That changed in 2020 after the Indiana General Assembly updated the legislation to allow those investors to sell the credits they earned. The benefit applies to qualified capital investments in Qualified [...]

BioCrossroads announces 23 PAIR (Promising Achievers in Innovation and Research) winners

Raquel Bahamonde2022-08-24T07:44:36-04:00August 24, 2022|

INDIANAPOLIS (August 24, 2022) -- BioCrossroads today announced the winners of its inaugural 23 PAIR (Promising Achievers in Innovation and Research), a new recognition program that celebrates and promotes the state’s next generation of life sciences leaders. Award winners have exhibited significant industry or academic impact and success and are in the early stages of their careers. “People are such a critical component of Indiana’s life sciences industry, and we’re thrilled to recognize some incredibly talented Hoosiers for their work,” said Lori LeRoy, executive vice president of communications for BioCrossroads. “Our inaugural group of winners is already making their marks in the life sciences industry whether it’s directing clinical trials, performing groundbreaking research, communicating information, developing IT protocols, or analyzing data.” 2022 23 PAIR WINNERS: Carly Streicher Labcorp Drug Development Casey Lillibridge Inotiv Daniel Sheik Amplified Sciences Duchess Adjei Beckman [...]

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

Raquel Bahamonde2022-08-22T12:50:15-04:00August 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 [...]

CICP CEO David L. Johnson to be inducted into the Junior Achievement’s Central Indiana Business Hall of Fame

Raquel Bahamonde2022-08-15T11:52:09-04:00August 15, 2022|

INDIANAPOLIS (August 15, 2022) – Today, Junior Achievement of Central Indiana (JACI) announced the four Laureates who will be inducted into the Central Indiana Business Hall of Fame this year. The 2022 Laureates are Sue Ellspermann PhD, President, Ivy Tech Community College; Jeffrey A. Harrison, President & CEO, Citizens Energy Group; David L. Johnson, Chief Executive Officer, Central Indiana Corporate Partnership, Inc.; and Mark D. Miles, President and CEO, Penske Entertainment Corp. The honorees will be inducted at the 34th Annual Central Indiana Business Hall of Fame Gala on Friday, Nov. 4, 2022, at the Indiana Roof Ballroom. Jeff and Heather Smulyan will serve as this year’s event Co-Chairs. Jeff Smulyan was inducted into the Central Indiana Business Hall of Fame in 2000, and is Chairman, CEO and Founder of Emmis Communications. “Junior Achievement’s 2022 Laureates embody resilience, compassion and [...]

New report highlights impact and growth of healthcare and life sciences sector in Northeast Indiana region

Raquel Bahamonde2022-07-28T12:13:08-04:00July 28, 2022|

Fort Wayne, Ind. (July 28, 2022) – Indiana’s northeast region, an 11-county area* including Fort Wayne and Warsaw, saw healthcare and life sciences jobs grow by more than 11% between 2015 and 2020, outpacing overall private sector growth of 2 percent. The sector contributes a $16 billion annual economic impact and employs more than 48,000 people, according to a new report. The study from TEConomy Partners, ESSENTIAL: The impact of healthcare and life sciences sector in Indiana’s northeast region, examined the influence of decades of investments in the region as well as how the sector provides benefits to their other industries such as manufacturing, technology and retail. In addition, average yearly wages in the healthcare and life sciences for northeast Indiana are nearly $68,000, nearly $25,000 above their private sector counterparts. “The healthcare and life sciences sector is an important [...]

Central Indiana Corporate Partnership’s branded initiative Energy Systems Network merges with the Battery Innovation Center

Raquel Bahamonde2022-07-28T09:54:29-04:00July 28, 2022|

INDIANAPOLIS (July 28, 2022) –The Central Indiana Corporate Partnership (CICP) today announced that one of its branded industry sector initiatives, Energy Systems Network (ESN), which is focused on advanced energy technology and transportation, is merging with the Battery Innovation Center (BIC) effective August 5, 2022. ESN was formed by CICP in 2009. In 2010, ESN created the BIC as a collaborative commercialization project seeking to advance Indiana’s ability to develop, test, manufacture, and commercialize battery and related energy systems technologies. The BIC was launched as a separate entity in 2012 but has continued to work closely with the organization. While headquartered in Indiana, ESN and the BIC have succeeded in developing industry-led initiatives that are accelerating technology development and commercialization through a broad global network of corporate partners. “ESN has certainly had an impressive track record in their ability to [...]

AnalytiXIN announces new program in conjunction with Indiana universities to develop data models for Indiana manufacturers

Raquel Bahamonde2022-07-25T12:52:11-04:00July 25, 2022|

INDIANAPOLIS (July 25, 2022) ̶ AnalytiXIN, a strategic program facilitated by the Central Indiana Corporate Partnership (CICP), announced the launch of a pioneering research project focused on manufacturing data analytics. Indiana University, Purdue University and the University of Notre Dame, in collaboration with Conexus Indiana, Energy Systems Network, Emerging Manufacturing Collaboration Center (EMC2) and Amazon Web Services (AWS), will develop advanced energy and manufacturing models and analytics applications focused on reducing energy and carbon footprints. The project will help to increase factory efficiency and enhance sustainability in different manufacturing sectors using advanced artificial intelligence (AI) and machine learning (ML) technologies. AnalytiXIN is designed to bolster the economic vitality of the state amidst the rapid rise and convergence of strategic technologies—artificial intelligence, machine learning, and data analytics—which challenge in disruptive and imminent ways the traditional innovation landscape for advanced industries in [...]

Central Indiana Corporate Partnership and initiative leaders named to IBJ 250 list of most influential business leaders in Indiana

Raquel Bahamonde2022-07-21T12:37:40-04:00July 21, 2022|

INDIANAPOLIS (July 21, 2022) – The Central Indiana Corporate Partnership (CICP) is announcing that its president and CEO and six of its talent and industry sector initiative leaders have been named to the Indianapolis Business Journal’s prestigious list of the 250 most influential business leaders in Indiana. The list represents the people who are making an undeniable impact on the state. Named to the Indiana 250 list from CICP are the following: David L. Johnson, president and CEO, Central Indiana Corporate Partnership Mitch Frazier, president and CEO, AgriNovus Indiana Jason Kloth, president and CEO, Ascend Indiana Patty Martin, president and CEO, BioCrossroads Fred Cartwright, president and CEO, Conexus Indiana Paul Mitchell, president and CEO, Energy Systems Network Ting Gootee, president and CEO, TechPoint Some of the groundbreaking projects CICP and its initiatives have been involved in include the creation of [...]

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