Raquel Bahamonde, Author at The Central Indiana Corporate Partnership

BioCrossroads releases 2021 annual report

Raquel Bahamonde2022-03-28T09:34:42-04:00March 28, 2022|

In addition to global health contributions through medical innovations such as the manufacturing of three COVID-19 vaccines, Indiana’s vibrant and unique life sciences industry continues to make a significant impact on the state through its economic strength, contributing more than $79 billion in 2021. In 2021, BioCrossroads focused on collaborations among industry, academic, government and philanthropy; building the entrepreneurial ecosystem through seed investments; and establishing unique sector assets, such as sector-focused educational and market knowledge reports and analysis. In addition, a partnership with the Indiana Economic Development Corporation resulted in world-class companies expanding and building new facilities in the state to take advantage of life sciences assets. Talent also remains central to growth in Indiana’s life sciences sector, and BioCrossroads is highlighting young talent and growing companies through the Career TraX project. [READ ANNUAL REPORT]

Capital investments and productivity drive growth in Indiana’s life sciences industry in 2021

Raquel Bahamonde2022-03-25T15:20:47-04:00March 25, 2022|

INDIANAPOLIS, (March 25, 2022) -- Indiana’s vibrant and unique life sciences industry continues to make a significant impact on the state, contributing more than $79 billion in economic impact in 2021. A record amount of venture capital was raised by Indiana start-ups for the second straight year – increasing from $262 million in 2020 to $434 million in 2021. In addition, the value of exports per worker grew by almost $25,000 – from $192,000 in 2020 to nearly $217,000 in 2021. BioCrossroads today unveiled its latest economic statistics for Indiana’s life sciences, provided by Indiana Business Research Center (IBRC) at the Indiana University Kelley School of Business. Other key indicators and statistics for 2021 include: More than $12.7 billion of products were exported from the state, the highest amount ever recorded. Indiana has the third highest amount of exports in [...]

Celebrating National Agriculture Month – Indiana Has Its Ducks in a Row

Raquel Bahamonde2022-03-17T12:58:15-04:00March 17, 2022|

March is National Agriculture Month and Indiana ranks 10th nationally for total ag production with more than 55,000 farmers operating 14.8 million acres of land in Indiana, according to a study by the U.S. Department of Agriculture. An article by the Purdue Research Foundation shows Indiana’s impact on ag innovation and how AgriNovus Indiana is leading the way in growing the state’s agbiosciences. [READ MORE]

16 Tech announces Emily Krueger as next President and CEO

Raquel Bahamonde2022-03-16T12:36:52-04:00March 16, 2022|

INDIANAPOLIS – 16 Tech Community Corporation, the nonprofit organization responsible for the programmatic and physical development of the 16 Tech Innovation District, has announced Emily Krueger as its next President and CEO. Krueger will lead the organization effective June 1, succeeding Bob Coy, who announced his retirement last year. Krueger joined 16 Tech in May 2018 as Chief Operating Officer. As the organization’s second employee, Krueger spearheads key organizational initiatives vital to 16 Tech’s progress and success, including the design and construction of public infrastructure projects most notably the international RFP, design and community engagement process for the 16 Tech bridge, an iconic piece of multi-modal infrastructure connecting 16 Tech to the 10th Street medical corridor over Fall Creek; the delivery of innovation services through the flexible office space, makerspace and artisan marketplace in Tech’s innovation hub; and regional coalition [...]

CICP Foundation receives grants totaling $34.6 million from Lilly Endowment Inc.

Raquel Bahamonde2022-03-14T09:03:19-04:00March 14, 2022|

INDIANAPOLIS (March 14, 2022) – The CICP Foundation, as the supporting foundation for the Central Indiana Corporate Partnership (CICP), has received five inter-related grants totaling $34.6 million from Lilly Endowment Inc. for work by CICP and four of its sector initiatives, AgriNovus Indiana, BioCrossroads, Conexus Indiana and TechPoint. CICP and its related sector initiatives are focused on the development and implementation of collaborative strategies and programs to build upon Indiana’s prosperity. Approximately one-fourth of the grant funding will be used to support CICP’s coordinated leadership across the organization’s initiative structure to deliver programs and projects that include: Accelerating and increasing innovation and the deployment of digital technologies across Indiana’s advanced industries to strengthen regional economic competitiveness. Increasing economic vitality by identifying and enhancing entrepreneurial opportunities for more Hoosiers; and Developing new opportunities for diversity, equity and inclusion through Business Equity [...]

Governor’s Workforce Cabinet, Conexus Indiana launch grant program to support high school adoption of Industry 4.0 technologies, prepare future workforce

Raquel Bahamonde2022-03-08T09:33:39-05:00March 8, 2022|

(INDIANAPOLIS) - The Governor’s Workforce Cabinet and Conexus Indiana today announced a new $500,000 grant program to support Indiana high schools as they prepare students for careers in the increasingly high-tech advanced manufacturing industry. Modeled after the statewide Manufacturing Readiness Grants program, Education Readiness Grants are available for qualifying secondary schools that purchase new, smart manufacturing technologies and equipment to develop skills students need to succeed in an Industry 4.0 economy. The Education Readiness Grants program is a direct response to the success of the Manufacturing Readiness Grants program, launched in mid-2020 and administered by the Indiana Economic Development Corporation (IEDC) in partnership with Conexus Indiana. To date, 169 awards have been made totaling more than $13.4 million in Manufacturing Readiness Grants. These grants are supporting a projected $93 million in capital investment in Industry 4.0 technologies, which connect physical [...]

IIB: BioCrossroads Celebrates 20 Years of Growing State’s Life Sciences Sector

Raquel Bahamonde2022-03-07T08:15:39-05:00March 7, 2022|

BioCrossroads, the life sciences initiative of the Central Indiana Corporate Partnership (CICP), is marking 20 years of growing the sector in Indiana. In that time, the life sciences sector in the state has grown to be an $80 billion industry. BioCrossroads has also invested in more than 500 startups through three venture capital funds. BioCrossroads President and CEO Patty Martin recently talked with Inside INdiana Business host Gerry Dick about the past 20 years and what is next for the sector. [WATCH] (Source: Inside INdiana Business, BioCrossroads)

Conexus Indiana, Indiana University Kelley Center for Excellence in Manufacturing open 2022 Industry 4.0 survey

Raquel Bahamonde2022-03-03T09:22:21-05:00March 3, 2022|

INDIANAPOLIS (March 3, 2022) Conexus Indiana and the Indiana University Kelley School of Business Center for Excellence in Manufacturing today launched its annual survey seeking input from Indiana advanced manufacturing and logistics companies about their technology adoption journey. This is the third survey to measure adoption rates of advanced technologies, such as collaborative robots (cobots), Internet of Things (IoT), autonomous mobile robots and 3D printing that define the Fourth Industrial Revolution or Industry 4.0. Conexus Indiana launched its first survey in 2020, the results of which led to the establishment of the Indiana Manufacturing Readiness Grants (MRG) program. The second report, titled “The First Signpost on the Road from Early Adoption to Widespread Application of Industry 4.0 Technologies,” showed significant progress with more than 40% of Indiana advanced manufacturers surveyed having successfully implemented or piloted an Industry 4.0 technology, more [...]

Conexus Indiana Board of Directors elects Tim Millwood Chairman of the Board; Scott Brand named Vice Chair and three new board members elected

Raquel Bahamonde2022-02-17T07:17:38-05:00February 16, 2022|

INDIANAPOLIS (Feb. 16, 2022) – Tim Millwood, vice president of Global Manufacturing at Cummins Inc., has been elected chairman of the Conexus Indiana Board of Directors. Conexus Indiana, a statewide organization dedicated to strengthening Indiana’s advanced manufacturing and logistics industries, also announced Scott Brand, executive vice president of Subaru of Indiana Automotive, as vice chairman of the board. Millwood began his career at Columbus, Ind.-based Cummins 30 years ago as an engineer in component machining and over the years has held engineering and purchasing positions in the United States, United Kingdom and Brazil. Brand has been with Lafayette, Ind.-based Subaru of Indiana Automotive for more than 30 years and has served in various roles, including manufacturing, materials management, quality control and executive leadership. Conexus Indiana board members since 2018, both Millwood and Brand are long-time Conexus Indiana advocates whose companies [...]

TechPoint announces nominees for 23rd annual Mira Awards honoring ‘The Best of Tech in Indiana’

Raquel Bahamonde2022-02-15T11:47:59-05:00February 15, 2022|

Following two years of virtual events, award winners will be announced during an in-person gala at the JW Marriott on Saturday, April 23, 2022 INDIANAPOLIS (Feb. 15, 2022) — TechPoint, the nonprofit, industry-led growth initiative for Indiana’s technology ecosystem, today announced the nominees for its 23rd annual Mira Awards program presented by Salesforce. The Mira Awards are the state’s largest, best known and most prestigious technology awards, and the annual gala celebrates the “The Best of Tech in Indiana.” The last time it was held in person, all 1,400 gala tickets were sold out six weeks before the event. The nominees include individuals, community organizations, investors, educators, entrepreneurs and tech employers with remarkable achievements in the prior year. In aggregate, the 76 company nominees that provided data, employ more than 52,000 people in the state of Indiana and represent nearly [...]

About Raquel Bahamonde

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