Raquel Bahamonde, Author at The Central Indiana Corporate Partnership

Ascend Indiana enhances Network job platform in preparation for statewide expansion, raises more than $23 million

Raquel Bahamonde2021-11-03T09:42:40-04:00November 3, 2021|

INDIANAPOLIS (Nov. 3, 2021) – Ascend Indiana has raised $23.8 million to expand its organization and enhance the infrastructure for the Ascend Network, its proven online job platform that helps job seekers find a job, internship, or training opportunity in Indiana that matches their interests and skills. The Network features open roles at over 550 employers in the state and, through its collective efforts, has directly connected more than 2,300 individuals with their next career opportunity. The updated Network infrastructure, which includes improved accessibility for those with disabilities, makes it easier and more efficient for users to find a job. It also enables Ascend Indiana to expand statewide partnerships that would serve additional employers and job seekers across Indiana. “Over the last year and a half, the employment landscape in Indiana has changed drastically, from the record high unemployment rates [...]

Supporting Life Sciences: A look back at BioCrossroads’ capital strategy

Raquel Bahamonde2022-07-29T14:41:04-04:00October 27, 2021|

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BioCrossroads’ seed capital strategy connects funding with innovation

Raquel Bahamonde2021-10-27T18:20:35-04:00October 27, 2021|

INDIANAPOLIS (Oct. 27, 2021) — For nearly 20 years, BioCrossroads has demonstrated a track record of organizing, developing and managing seed-stage and venture capital funds for Indiana-based life sciences start-ups. BioCrossroads’ three Indiana Seed Funds, totaling $24.25 million, have invested in 32 life sciences start-ups since 2006. Those companies have gone on to raise an additional $796 million, more than 33 times BioCrossroads’ initial investment. A new report: Supporting Life Sciences: A look back at BioCrossroads’ capital strategy details the investment results of these three investment funds that have provided important capital to Indiana’s life sciences start-ups over the last 15 years. The analysis looks at the impact of BioCrossroads’ capital strategy, which includes the development of: $6 million Indiana Seed Fund I in 2006 $8.25 million Indiana Seed Fund II in 2012, and $9 million Indiana Seed Fund III in [...]

Business Equity for Indy marks one year of advancing racial equality

Raquel Bahamonde2021-10-26T05:26:09-04:00October 25, 2021|

INDIANAPOLIS – Business Equity for Indy (BEI), a joint venture of Central Indiana Corporate Partnership (CICP) and the Indy Chamber, in collaboration with the Indianapolis Urban League, today hosted a virtual event to highlight the corporate community’s progress in activities and programs to improve racial equity and economic opportunity across Central Indiana. “Business Equity for Indy (BEI) was formed last summer during a period of intense racial tension across our nation following the murder of George Floyd in Minneapolis. Over the past year, BEI member companies have come together to outline meaningful actions to advance racial equity across Central Indiana,” said Jeffrey Harrison, BEI Chair and President & CEO of Citizens Energy Group. The event also commemorated one year of the Indy Racial Equity Pledge, a commitment by corporate and civic organizations to advance racial equity in Indianapolis and neighboring [...]

Purdue chemistry professor and founder of Inotiv, Dr. Peter Kissinger, honored as 2021 Watanabe Life Sciences Champion of the Year

Raquel Bahamonde2021-10-14T10:57:41-04:00October 13, 2021|

INDIANAPOLIS (Oct. 13, 2021) — BioCrossroads’ Board of Directors named educator, innovator and researcher Dr. Peter Kissinger as the recipient of the 2021 August M. Watanabe Life Sciences Champion of the Year Award. The prestigious honor, named in tribute to BioCrossroads’ late Chairman August Watanabe, was given to Dr. Kissinger at today’s Indiana Life Sciences Summit. His research has helped patients around the world, and his leadership has contributed to the Indiana life sciences community. An academic, researcher and entrepreneur, Dr. Kissinger is highly recognized for his pioneering work in sophisticated techniques for drug development. He taught at Purdue University for more than 40 years, influencing thousands of students. He has helped guide multiple startup companies, including Prosoila, Phlebotics, Animated Dynamics, and Tymora Analytical. Kissinger teams have enabled painless sampling of laboratory animals that both sped up drug development and reduced the [...]

Ascend Indiana announces youth apprenticeship awards to establish a network of postsecondary career pathways for students in Indiana

Raquel Bahamonde2021-10-01T11:22:49-04:00September 29, 2021|

INDIANAPOLIS (Sept. 29, 2021) – Ascend Indiana, the talent and workforce development initiative of the Central Indiana Corporate Partnership (CICP), has announced awards of $115,000 each to bolster three regional youth apprenticeship efforts in Indiana. Through generous support from Bloomberg Philanthropies, Ascend is working alongside the Partnership to Advance Youth Apprenticeship (PAYA) at New America to provide awards and technical support through the Indiana Youth Apprenticeship Accelerator (Accelerator) initiative. PAYA is a national consortium of organizations supporting states and cities in their efforts to expand access to high-quality apprenticeship opportunities for high school-aged youth. Ascend will provide seed funding and technical assistance to Regional Opportunity Initiatives, Inc. (Indiana Uplands), OptIN/Evansville Vanderburgh School Corporation Foundation (Southern Indiana), and Hamilton County Center for Career Achievement (Hamilton County) to advance a high-quality and scalable youth apprenticeship system in the state. These awardees will [...]

Governor Holcomb appoints Mitch Frazier as chair of the Indiana State Fair Commission

Raquel Bahamonde2021-09-24T07:45:03-04:00September 23, 2021|

Mitch Frazier, president and CEO, AgriNovus Indiana Press release provided by the Indiana State Fair. September 23, 2021, Indianapolis, IN – Governor Eric Holcomb has appointed Mitch Frazier as chair of the Indiana State Fair Commission. He succeeds Brad Chambers who served as the Commission’s chair until recently taking on the role of Secretary of Commerce for the state of Indiana and CEO of the Indiana Economic Development Corporation (IEDC). The Indiana State Fair Commission, which is made up of 13 members, sets governing policy and provides strategic direction for the year-round operation of the 250-acre Indiana State Fairgrounds & Event Center, including the annual Indiana State Fair. “The Indiana State Fairgrounds and Event Center is a special place where traditions are made and memories are created,” said Mitch Frazier, president and CEO of AgriNovus Indiana and chair [...]

AgriNovus Indiana announces winner of 2021 Producer-Led Innovation Challenge

Raquel Bahamonde2021-09-23T08:03:28-04:00September 22, 2021|

INDIANAPOLIS (Sept. 22, 2021) — AgriNovus Indiana, an initiative focused on growing Indiana’s agbioscience economy, today announced Regrow from Durhman, N.H. as the winning team of its Producer-Led Innovation Challenge, awarding them $25,000 provided by Purdue Foundry as well as professional services from The PLAID Agency and Sikich LLP. The Producer-Led Innovation Challenge, presented by the Indiana Corn Marketing Council and Indiana Soybean Alliance, was designed to inspire innovators to create software that makes it faster for farmers to aggregate complex data sets required to participate in Carbon markets, where companies purchase credits from farming operations that sequester Carbon. From tech startups to student teams, participants worked to create a solution that accomplished the following objectives: Ability to integrate years of multiple data sources from across farm operations to create a market-ready data set with minimal farmer manual data entry, [...]

AgriNovus Indiana announces changes, additions to its Board of Directors

Raquel Bahamonde2021-09-19T13:23:29-04:00September 15, 2021|

INDIANAPOLIS (Sept. 15, 2021) — AgriNovus Indiana, an initiative to fuel growth in Indiana’s agbioscience economy, announced today several changes and additions to its board of directors. The board unaminously approved the addition of Paul Nselel, CEO of AgReliant Genetics, to the board in addition to the seat change of Kristin Bloink, vice president of Global Product Development at Elanco. Additionally, the organization’s Innovation Council was dissolved and members were integrated to board seats, including: Bryan Brackemyre – vice president of Member Services, Indiana Municipal Power Agency Nichole Like – president and CEO, The Pantheon Rebecca Schroeder – president, Whiteshire Hamroc Josh Trenary – executive director, Indiana Pork “AgriNovus has a bold ambition to fuel growth across Indiana’s agbioscience economy - from agtech and animal health to plant science and value-added food,” said Mitch Frazier, president and CEO of AgriNovus Indiana. [...]

Make & Move Up brings training and careers to northeast side of Indianapolis, builds local workforce

Raquel Bahamonde2021-09-09T07:59:58-04:00September 9, 2021|

INDIANAPOLIS (Sept. 9, 2021) – Conexus Indiana is partnering with Goodwill of Central and Southern Indiana to bring jobs, career training and economic development to Indianapolis’ northeast side. The Make & Move Up program will provide residents with paid training in advanced manufacturing and logistics (AML), preparing up to 50 residents with the skills to succeed in their careers. The training program, called Catapult Indiana, is possible through a $200,000 philanthropic investment from JPMorgan Chase, and it aligns with the community collaboration between Goodwill, Cook Medical and the United Northeast Community Development Corporation. The project at 6190 E. 38th St. includes a new manufacturing facility that is expected to bring 100 jobs at a starting wage of $15 per hour. “Make & Move Up will offer exciting new opportunities to residents for well-paying careers while also adding to the neighborhood’s [...]

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